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City Report · PA

Verona

Pop. 2,524·118th most expensive in Pennsylvania·One of the most affordable rental markets in the US
Median rent (all units)
$1,347/mo
Year-over-Year
Stable
Month-over-Month
-11.5%
vs US Median
-$618
Falling (Monthly)
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Most AffordableMost Expensive
Verona · $1,347
More affordable than 85% of US cities · National median $1,965/mo
Affordability
33% of income
MODERATE
0%30% benchmark60%+

At $1,347/mo, rent takes about 33% of the local median household income, slightly above the 30% benchmark.

Income to afford
$54,000/yr
Local median income
$48,733/yr
Based on the 30%-of-income rule using Verona's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$920
1 BR
$980
2 BR
$1,180
3 BR
$1,500
4 BR+
$1,620
Research median
$1,180/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
$16,164/yr
At $1,347/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -11.5% MoM), not inventory.
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Demographics

Who lives here

Verona, PA is roughly split between renters and owners, has a large retiree population, has a median income below the national average, 21.6% of residents hold a bachelor's degree or higher.

Population
2,524
Median income
$48,733
Median age
42.1
Renters
54.4%
Age distribution
19.7%
24.4%
22.2%
13%
20.7%
Under 1819.7%
18–3424.4%
35–5422.2%
55–6413%
65+20.7%
Gender
52.9%
47.1%
Male52.9%
Female47.1%
Race & ethnicity
81.7%
12.8%
White81.7%
Black12.8%
Hispanic3.1%
Asian0.6%
Other1.8%
Education (25+)
39.8%
30.1%
21.6%
No HS diploma8.6%
HS diploma39.8%
Some college30.1%
Bachelor's+21.6%
Housing tenure
45.6%
54.4%
Owner45.6%
Renter54.4%

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

2021 vs 2026

How Verona, PA has changed in 5 years

Income
$44,195 → $48,733
up 10.3%
Population
2,731 → 2,524
down 7.6%
Renter share
56.5% → 54.4%
-2.1 pts
Bachelor's+
20.5% → 21.6%
+1.1 pts
Median age
38.9 → 42.1
+3.2 yrs

On the earnings side, the typical household in Verona, PA now reports about $48,733, up from $44,195 in 2021. Census counts show Verona, PA losing about 207 residents over the five-year window, down 7.6% on net. The renter share has eased from 56.5% to 54.4%, with owner-occupied housing accounting for the remainder.

Community

Discussions about Verona

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

Can you afford rent in Verona on your salary?

At $1,347/mo, how Verona rent compares to typical pay (30% rule).

By apartment size

Verona rent by bedroom count

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

Local insights

Tips for renters in Verona

About renting in Verona, PA

Last updated: July 20, 2026

The median rent in Verona is $1,347/mo as of July 2026. A studio apartment averages $920/mo while a 2-bedroom runs $1,180/mo. One-bedroom apartments average $980/mo and 3-bedroom units go for $1,500/mo.

At 33% of local median household income ($48,733/yr), Verona ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Verona an affordable city for renters?

Verona is considered moderate for renters. At $1,347/mo, rent takes approximately 33% of the local median household income ($48,733/yr). The standard benchmark is 30%. Verona slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Verona?

To keep rent at or below 30% of gross income, you would need to earn at least $54,000/year (~$26/hour full-time) to afford the median rent of $1,347/mo in Verona. The local median household income is $48,733/yr, meaning the typical Verona household falls short of that threshold.

Is rent going up or down in Verona?

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

How does Verona rent compare to other cities in Pennsylvania?

Verona is one of the more affordable cities in Pennsylvania for rent, ranking #118 out of 167 tracked cities at $1,347/mo.

Which nearby cities are cheaper to rent in than Verona?

Several nearby cities have lower median rents than Verona ($1,347/mo): Arnold ($950/mo), Etna ($1,063/mo), Oakmont ($1,160/mo).

What percentage of Verona residents rent vs. own?

According to Census data, approximately 54.4% of Verona households are renters, while 45.6% are owner-occupied. With a majority renter population, Verona has a strong rental market.

How does Verona rent compare to the national average?

Verona's median rent of $1,347/mo is $618 (31%) below the US national median of $1,965/mo. Within Pennsylvania, it ranks #118 out of 167 tracked cities.
Income Affordability
33%
MODERATE

At $1,347/mo, rent takes ~33% of Verona's median household income ($48,733/yr). The standard benchmark is 30%.

Verona 33%Benchmark 30%
State income tax3.07%
Run the Verona affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Verona, PA

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