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City Report · PA

Wayne

Pop. 6,635·28th most expensive in Pennsylvania·Wayne rents are up 9.7% over the past year
Median rent (all units)
$2,180/mo
Year-over-Year
+9.7%
Month-over-Month
+4.6%
vs US Median
+$215
Rising (Monthly)
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Most AffordableMost Expensive
Wayne · $2,180
More expensive than 68% of US cities · National median $1,965/mo
Affordability
17% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $2,180/mo, rent takes about 17% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$87,000/yr
Local median income
$150,539/yr
Based on the 30%-of-income rule using Wayne's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,930
1 BR
$2,130
2 BR
$2,540
3 BR
$3,060
4 BR+
$3,480
Research median
$2,540/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
$26,160/yr
At $2,180/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.7% YoY, +4.6% MoM), not inventory.
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Demographics

Who lives here

Wayne, PA is majority owner-occupied, has a median income above the national average, 71.5% of residents hold a bachelor's degree or higher.

Population
6,635
Median income
$150,539
Median age
46.2
Renters
33.9%
Age distribution
22.2%
17.5%
25%
18.4%
16.9%
Under 1822.2%
18–3417.5%
35–5425%
55–6418.4%
65+16.9%
Gender
45.2%
54.8%
Male45.2%
Female54.8%
Race & ethnicity
89.5%
White89.5%
Black2.2%
Hispanic0.9%
Asian4.1%
Other3.3%
Education (25+)
17.4%
71.5%
No HS diploma0.5%
HS diploma10.7%
Some college17.4%
Bachelor's+71.5%
Housing tenure
66.1%
33.9%
Owner66.1%
Renter33.9%

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

2021 vs 2026

How Wayne, PA has changed in 5 years

Income
$106,590 → $150,539
up 41.2%
Population
7,425 → 6,635
down 10.6%
Renter share
44.5% → 33.9%
-10.6 pts
Bachelor's+
68.7% → 71.5%
+2.8 pts
Median age
42.5 → 46.2
+3.7 yrs

Local incomes tracked alongside that move, going from a median of $106,590 in 2021 to $150,539 more recently. The population has contracted by 10.6% since 2021, moving from about 7,425 residents to roughly 6,635. Renters now make up 33.9% of households, compared with 44.5% five years ago. College-educated residents now make up 71.5% of adults here, versus 68.7% in 2021.

Community

Discussions about Wayne

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

Can you afford rent in Wayne on your salary?

At $2,180/mo, how Wayne rent compares to typical pay (30% rule).

By apartment size

Wayne rent by bedroom count

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

Local insights

Tips for renters in Wayne

About renting in Wayne, PA

Last updated: July 20, 2026

The median rent in Wayne is $2,180/mo as of July 2026. A studio apartment averages $1,930/mo while a 2-bedroom runs $2,540/mo. One-bedroom apartments average $2,130/mo and 3-bedroom units go for $3,060/mo.

At 17% of local median household income ($150,539/yr), Wayne ranks as affordable compared to the national benchmark of 30%. Rents have increased 9.7% over the past year.

FAQ

Frequently asked questions

Is Wayne an affordable city for renters?

Wayne is considered very affordable for renters. At $2,180/mo, rent takes approximately 17% of the local median household income ($150,539/yr). The standard benchmark is 30%. Wayne falls comfortably within that range.

How much income do you need to rent in Wayne?

To keep rent at or below 30% of gross income, you would need to earn at least $87,000/year (~$42/hour full-time) to afford the median rent of $2,180/mo in Wayne. The local median household income is $150,539/yr, meaning the typical Wayne household meets that threshold.

Is rent going up or down in Wayne?

Rent in Wayne has increased 9.7% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Wayne rent compare to other cities in Pennsylvania?

Wayne is one of the pricier cities in Pennsylvania for rent, ranking #28 out of 167 tracked cities at $2,180/mo.

Which nearby cities are cheaper to rent in than Wayne?

Several nearby cities have lower median rents than Wayne ($2,180/mo): Devon ($1,988/mo), King of Prussia ($2,111/mo).

What percentage of Wayne residents rent vs. own?

According to Census data, approximately 33.9% of Wayne households are renters, while 66.1% are owner-occupied. Wayne leans toward homeownership, which can mean a smaller rental inventory.

How does Wayne rent compare to the national average?

Wayne's median rent of $2,180/mo is $215 (11%) above the US national median of $1,965/mo. Within Pennsylvania, it ranks #28 out of 167 tracked cities.
Income Affordability
17%
VERY AFFORDABLE

At $2,180/mo, rent takes ~17% of Wayne's median household income ($150,539/yr). The standard benchmark is 30%.

Wayne 17%Benchmark 30%
State income tax3.07%
Run the Wayne affordability calculator →
Lowest-rent ZIP codes in Wayne
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Wayne, PA

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