City Report · PA

Wayne

Pop. 6,635·35th most expensive in Pennsylvania·Rental market data updated monthly for Wayne, PA
Median rent (all units)
$2,108/mo
Year-over-Year
+3.4%
Month-over-Month
Stable
vs US Median
+$176
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Wayne · $2,108
More expensive than 66% of US cities · National median $1,932/mo
Affordability
17% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $2,108/mo, rent takes about 17% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$84,000/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
Fair Market Rent (HUD)
$2,540/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,108 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

Past year vs. the rest of Pennsylvania

Rent in Wayne changed +3.4% over the year to September 2026. Across the 114 Pennsylvania cities Zillow tracks, the typical change was +3.6%.

Recent direction

Rent rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($150,539) is $3,763 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,480).

Cheaper nearby

Norristown, 6 miles away, rents for 15% less ($1,785/mo), about $3,900 a year in savings.

From Zillow's monthly rent index (ZORI) for Wayne. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$25,296/yr
At $2,108/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.4% YoY, -0.1% MoM), not inventory.
Rent check

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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 $2,108/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: October 17, 2026

The median rent in Wayne is $2,108/mo as of October 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 3.4% over the past year.

FAQ

Frequently asked questions

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 $84,000/year (about $40/hour full-time) to afford the median rent of $2,108/mo in Wayne. The local median household income is $150,539/yr, so the typical household meets that bar.

Is rent going up or down in Wayne?

Rent in Wayne has risen 3.4% over the past year.

How does Wayne rent compare to other cities in Pennsylvania?

Wayne is one of the pricier among Pennsylvania cities for rent, ranking #35 of 161 tracked cities at $2,108/mo. Over the year to September 2026, rent in Wayne changed +3.4%, against a typical +3.6% across the 114 Pennsylvania cities Zillow tracks.

Which nearby cities are cheaper to rent in than Wayne?

Nearby cities with lower median rent than Wayne ($2,108/mo) include Devon ($1,905/mo).
Income Affordability
17%
VERY AFFORDABLE

At $2,108/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 →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Wayne, PA

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