ZIP Code · PA

ZIP 16602

Part of Altoona, PA

Pop. 26,352·Blair County·233rd most expensive ZIP in Pennsylvania

Median rent (all units)

$1,166/mo

Year-over-Year

Stable

Month-over-Month

+1.1%

vs US Median

-$766

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 16602 · $1,166

More affordable than 93% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$790

1 BR

$930

2 BR

$1,120

3 BR

$1,440

4 BR+

$1,680

Research median

$1,120/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: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($55,046) is $1,376 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,120); a 3-bedroom is $1,440.

From Zillow's monthly rent index (ZORI) for ZIP 16602. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$13,992/yr

At $1,166/mo median

Location

CityAltoona

StatePA

CountyBlair County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+0.0% YoY, +1.1% MoM), not inventory.

Demographics

Who lives here

ZIP 16602 (Altoona, PA) is majority owner-occupied, has a large retiree population, has a median income below the national average, 21.7% of residents hold a bachelor's degree or higher.

Population

26,352

Median income

$55,046

Median age

43.7

Renters

32.7%

Age distribution

19.8%

20.1%

24.9%

14.2%

21%

Under 1819.8%

18–3420.1%

35–5424.9%

55–6414.2%

65+21%

Gender

49.9%

50.1%

Male49.9%

Female50.1%

Race & ethnicity

90.7%

White90.7%

Black3.2%

Hispanic1.4%

Asian0.6%

Other4%

Education (25+)

46.8%

25.8%

21.7%

No HS diploma5.7%

HS diploma46.8%

Some college25.8%

Bachelor's+21.7%

Housing tenure

67.3%

32.7%

Owner67.3%

Renter32.7%

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

2021 vs 2026

How ZIP 16602 in Altoona, PA has changed in 5 years

Income

$45,637 → $55,046

up 20.6%

Population

28,176 → 26,352

down 6.5%

Renter share

35.5% → 32.7%

-2.8 pts

Bachelor's+

19.9% → 21.7%

+1.8 pts

Median age

42 → 43.7

+1.7 yrs

Household income in the area moved from $45,637 to $55,046 across the same window, up 20.6% versus 2021. The population has contracted by 6.5% since 2021, moving from about 28,176 residents to roughly 26,352. Renters now make up 32.7% of households, compared with 35.5% five years ago.

Community

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Local insights

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About renting in ZIP 16602

Last updated: October 17, 2026

ZIP code 16602 covers Altoona, PA. The median rent here is $1,166/mo as of October 2026. A 1-bedroom rents for a median of $930/mo. A 2-bedroom rents for a median of $1,120/mo.

At 25% of local median household income ($55,046/yr), ZIP 16602 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 16602?

To keep rent at or below 30% of gross income, you would need to earn at least $47,000/year (about $23/hour full-time) to afford the median rent of $1,166/mo in ZIP 16602. The local median household income is $55,046/yr, so the typical household meets that bar.