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ZIP Code · PA

ZIP 16121

Part of Farrell, PA
Pop. 4,199·Mercer County·275th most expensive ZIP in Pennsylvania
Median rent (all units)
$1,080/mo
Year-over-Year
+12.5%
Month-over-Month
+12.5%
vs US Median
-$885
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 16121 · $1,080
More affordable than 94% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$760
1 BR
$860
2 BR
$1,080
3 BR
$1,500
4 BR+
$1,670
Research median
$1,080/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: April 19, 2026

Annual cost
$12,960/yr
At $1,080/mo median
Location
StatePA
CountyMercer County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.5% YoY, +12.5% MoM), not inventory.
Demographics

Who lives here

ZIP 16121 (Farrell, PA) is majority owner-occupied, has a large retiree population, has a median income below the national average, 15.2% of residents hold a bachelor's degree or higher.

Population
4,199
Median income
$42,595
Median age
43.7
Renters
37.7%
Age distribution
25.7%
25.4%
15.4%
23.3%
Under 1825.7%
18–3410.2%
35–5425.4%
55–6415.4%
65+23.3%
Gender
47.4%
52.6%
Male47.4%
Female52.6%
Race & ethnicity
43.5%
48.7%
White43.5%
Black48.7%
Hispanic0.6%
Asian0.5%
Other6.6%
Education (25+)
47.9%
28.7%
15.2%
No HS diploma8.1%
HS diploma47.9%
Some college28.7%
Bachelor's+15.2%
Housing tenure
62.3%
37.7%
Owner62.3%
Renter37.7%

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

2021 vs 2026

How ZIP 16121 in Farrell, PA has changed in 5 years

Income
$26,538 → $42,595
up 60.5%
Population
4,320 → 4,199
down 2.8%
Renter share
44.7% → 37.7%
-7.0 pts
Bachelor's+
8.9% → 15.2%
+6.3 pts
Median age
39.8 → 43.7
+3.9 yrs

Local incomes tracked alongside that move, going from a median of $26,538 in 2021 to $42,595 more recently. The population has contracted by 2.8% since 2021, moving from about 4,320 residents to roughly 4,199. Renters now make up 37.7% of households, compared with 44.7% five years ago. College-educated residents now make up 15.2% of adults here, versus 8.9% in 2021.

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Local insights

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About renting in ZIP 16121

Last updated: April 19, 2026

ZIP code 16121 covers Farrell, PA. The median rent here is $1,080/mo as of April 2026. A 1-bedroom rents for a median of $860/mo. A 2-bedroom rents for a median of $1,080/mo.

At 30% of local median household income ($42,595/yr), ZIP 16121 ranks as moderate compared to the national benchmark of 30%. Rents have increased 12.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 16121?

As of April 19, 2026, the median monthly rent in ZIP 16121 (Farrell, PA) is $1,080. This is based on aggregated data from public sources and community submissions.

How does ZIP 16121 rent compare to the US average?

ZIP 16121's median rent of $1,080/mo is $885 (45%) below the US national median of $1,965/mo.

How does ZIP 16121 compare to other ZIPs in Pennsylvania?

ZIP 16121 is among the more affordable ZIP codes in Pennsylvania, ranking #275 out of 290 ZIPs at $1,080/mo.

How much income do you need to rent in ZIP 16121?

To keep rent at or below 30% of gross income, you would need to earn at least $43,000/year (~$21/hour full-time) to afford the median rent of $1,080/mo in ZIP 16121. The local median household income is $42,595/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 16121?

Rent in ZIP 16121 has increased 12.5% over the past year as of April 19, 2026, putting upward pressure on renter budgets.

Is ZIP 16121 an affordable place to rent?

ZIP 16121 is considered moderate for renters. At $1,080/mo, rent takes approximately 30% of the local median household income ($42,595/yr). The standard benchmark is 30%. ZIP 16121 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 16121 residents rent vs. own?

According to Census data, approximately 37.7% of ZIP 16121 households are renters, while 62.3% are owner-occupied. ZIP 16121 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 16121 compare to the rest of Farrell?

ZIP 16121 is more affordable than Farrell overall. At $1,080/mo, it's $15 below the Farrell citywide median of $1,095/mo.

When was rent data for ZIP 16121 last updated?

Rent data for ZIP 16121 reflects April 19, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $1,080/mo, rent takes ~30% of ZIP 16121's median household income ($42,595/yr). The standard benchmark is 30%.

ZIP 16121 30%Benchmark 30%
State income tax3.07%
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Public schools near ZIP 16121 (Farrell, PA)

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