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City Report · PA

Sharon

Pop. 12,936·150th most expensive in Pennsylvania·One of the most affordable rental markets in the US
Median rent (all units)
$1,023/mo
Year-over-Year
Stable
Month-over-Month
+17.2%
vs US Median
-$942
Rising (Monthly)
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Most AffordableMost Expensive
Sharon · $1,023
More affordable than 97% of US cities · National median $1,965/mo
Affordability
27% of income
AFFORDABLE
0%30% benchmark60%+

At $1,023/mo, rent takes about 27% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$41,000/yr
Local median income
$45,670/yr
Based on the 30%-of-income rule using Sharon's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$720
1 BR
$720
2 BR
$910
3 BR
$1,260
4 BR+
$1,370
Research median
$910/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$12,276/yr
At $1,023/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +17.2% MoM), not inventory.
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Demographics

Who lives here

Sharon, PA is roughly split between renters and owners, has a median income below the national average, 18.4% of residents hold a bachelor's degree or higher.

Population
12,936
Median income
$45,670
Median age
43
Renters
47%
Age distribution
20.6%
22%
24.4%
14.7%
18.3%
Under 1820.6%
18–3422%
35–5424.4%
55–6414.7%
65+18.3%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
71.6%
18.7%
White71.6%
Black18.7%
Hispanic4.1%
Other5.3%
Education (25+)
43.5%
28.8%
18.4%
No HS diploma9.3%
HS diploma43.5%
Some college28.8%
Bachelor's+18.4%
Housing tenure
53%
47%
Owner53%
Renter47%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Sharon, PA has changed in 5 years

Income
$35,814 → $45,670
up 27.5%
Population
13,203 → 12,936
down 2.0%
Renter share
49.8% → 47%
-2.8 pts
Bachelor's+
18.3% → 18.4%
+0.1 pts

On the earnings side, the typical household in Sharon, PA now reports about $45,670, up from $35,814 in 2021. The population has contracted by 2.0% since 2021, moving from about 13,203 residents to roughly 12,936. Renters now make up 47% of households, compared with 49.8% five years ago.

Community

Discussions about Sharon

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View Sharon rent history (2015–2026) →
Salary vs rent

Can you afford rent in Sharon on your salary?

At $1,023/mo, how Sharon rent compares to typical pay (30% rule).

By apartment size

Sharon rent by bedroom count

Median rent for each apartment size in Sharon. Click any size for full breakdown.

Local insights

Tips for renters in Sharon

About renting in Sharon, PA

Last updated: July 20, 2026

The median rent in Sharon is $1,023/mo as of July 2026. A studio apartment averages $720/mo while a 2-bedroom runs $910/mo. One-bedroom apartments average $720/mo and 3-bedroom units go for $1,260/mo.

At 27% of local median household income ($45,670/yr), Sharon ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Sharon an affordable city for renters?

Sharon is considered affordable for renters. At $1,023/mo, rent takes approximately 27% of the local median household income ($45,670/yr). The standard benchmark is 30%. Sharon falls comfortably within that range.

How much income do you need to rent in Sharon?

To keep rent at or below 30% of gross income, you would need to earn at least $41,000/year (~$20/hour full-time) to afford the median rent of $1,023/mo in Sharon. The local median household income is $45,670/yr, meaning the typical Sharon household meets that threshold.

Is rent going up or down in Sharon?

Rent in Sharon has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Sharon rent compare to other cities in Pennsylvania?

Sharon is one of the more affordable cities in Pennsylvania for rent, ranking #150 out of 167 tracked cities at $1,023/mo.

Which nearby cities are cheaper to rent in than Sharon?

Niles is nearby and more affordable at $876/mo, which is $147 less than Sharon.

What percentage of Sharon residents rent vs. own?

According to Census data, approximately 47% of Sharon households are renters, while 53% are owner-occupied. Sharon leans toward homeownership, which can mean a smaller rental inventory.

How does Sharon rent compare to the national average?

Sharon's median rent of $1,023/mo is $942 (48%) below the US national median of $1,965/mo. Within Pennsylvania, it ranks #150 out of 167 tracked cities.
Income Affordability
27%
AFFORDABLE

At $1,023/mo, rent takes ~27% of Sharon's median household income ($45,670/yr). The standard benchmark is 30%.

Sharon 27%Benchmark 30%
State income tax3.07%
Run the Sharon affordability calculator →
Lowest-rent ZIP codes in Sharon
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Sharon, PA

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