City Report · PA

State College

Pop. 41,050·39th most expensive in Pennsylvania·Rental market data updated monthly for State College, PA
Median rent (all units)
$2,022/mo
Year-over-Year
+2.6%
Month-over-Month
Stable
vs US Median
+$90
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
State College · $2,022
More expensive than 62% of US cities · National median $1,932/mo
Rent Reality Score
58/100
Fairly priced
OverheatedFairGreat value

Rents are 4% below what State College's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,022/mo
Expected by trend
$2,103/mo
The Rent Reality Score compares today's median rent to where State College's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,355
1 BR
$1,360
2 BR
$1,580
3 BR
$1,925
4 BR+
$2,095
Fair Market Rent (HUD)
$1,580/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,022 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in State College usually run 1.2% below trend in February and 0.7% above it in June, about $38 a month apart at today's median. Based on 6 years of data.

Compared with the peak

Rent in State College is 0.7% below its high of $2,037 in June 2026, at $2,022 as of September 2026.

Past year vs. the rest of Pennsylvania

Rent in State College changed +2.6% over the year to September 2026. Across the 114 Pennsylvania cities Zillow tracks, the typical change was +3.6%.

Recent direction

Rent has fallen 3 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($45,424) is $1,136 a month. That is less than HUD's Fair Market Rent for a studio ($1,355).

From Zillow's monthly rent index (ZORI) for State College. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$24,264/yr
At $2,022/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.6% YoY, -0.1% MoM), not inventory.
Rent check

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Demographics

Who lives here

State College, PA is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 68.4% of residents hold a bachelor's degree or higher.

Population
41,050
Median income
$45,424
Median age
21.2
Renters
73.9%
Age distribution
74%
Under 185.7%
18–3474%
35–549.6%
55–643.9%
65+6.8%
Gender
52.9%
47.1%
Male52.9%
Female47.1%
Race & ethnicity
78.5%
White78.5%
Black3.9%
Hispanic6.1%
Asian9.4%
Other2.1%
Education (25+)
14.4%
14.2%
68.4%
No HS diploma3%
HS diploma14.4%
Some college14.2%
Bachelor's+68.4%
Housing tenure
26.1%
73.9%
Owner26.1%
Renter73.9%

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

2021 vs 2026

How State College, PA has changed in 5 years

Rent
$1,546 → $2,022
up 30.8%
Income
$43,015 → $45,424
up 5.6%
Population
40,352 → 41,050
up 1.7%
Renter share
71.2% → 73.9%
+2.7 pts
Bachelor's+
70.3% → 68.4%
-1.9 pts

Rent in State College, PA has climbed 30.8% since 2021, going from about $1,546 per month to roughly $2,022 today. Local incomes tracked alongside that move, going from a median of $43,015 in 2021 to $45,424 more recently. Rent outpaced income growth by roughly 25.2 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 40,352 to 41,050 between 2021 and 2024, a 1.7% change. About 73.9% of households rent today, against 71.2% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the State College, PA market of 2021.

Community

Discussions about State College

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View State College rent history (2015–2026) →
Salary vs rent

Can you afford rent in State College on your salary?

At $2,022/mo, how State College rent compares to typical pay (30% rule).

By apartment size

State College rent by bedroom count

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

Local insights

Tips for renters in State College

About renting in State College, PA

Last updated: October 17, 2026

The median rent in State College is $2,022/mo as of October 2026. A studio apartment averages $1,355/mo while a 2-bedroom runs $1,580/mo. One-bedroom apartments average $1,360/mo and 3-bedroom units go for $1,925/mo.

At 53% of local median household income ($45,424/yr), State College ranks as expensive compared to the national benchmark of 30%. Rents have increased 2.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in State College?

To keep rent at or below 30% of gross income, you would need to earn at least $81,000/year (about $39/hour full-time) to afford the median rent of $2,022/mo in State College. The local median household income is $45,424/yr, so the typical household falls short of that bar.

Is rent going up or down in State College?

Rent in State College has risen 2.6% over the past year as of September 2026. It sits 0.7% below its high of $2,037 in June 2026.

When is the cheapest time to rent in State College?

Asking rents in State College are usually lowest in February, about 1.2% below their yearly trend, and highest in June, about 0.7% above it. At today's median that is a gap of roughly $38 a month. This pattern comes from 6 years of Zillow rent data.

Which State College neighborhoods have the lowest rent?

The most affordable ZIP codes in State College are 16803 ($1,825/mo), and 16801 ($2,018/mo). Citywide, the median rent is $2,022/mo.

How does State College rent compare to other cities in Pennsylvania?

State College is one of the pricier among Pennsylvania cities for rent, ranking #39 of 161 tracked cities at $2,022/mo. Over the year to September 2026, rent in State College changed +2.6%, against a typical +3.6% across the 114 Pennsylvania cities Zillow tracks.

Which nearby cities are cheaper to rent in than State College?

Nearby cities with lower median rent than State College ($2,022/mo) include Lock Haven ($988/mo), Altoona ($1,033/mo), and Newville ($1,325/mo).
Income Affordability
53%
EXPENSIVE

At $2,022/mo, rent takes ~53% of State College's median household income ($45,424/yr). The standard benchmark is 30%.

State College 53%Benchmark 30%
State income tax3.07%
Run the State College affordability calculator →
Lowest-rent ZIP codes in State College
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near State College, PA

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