The Yards at Old State - Historical Access
1830 Blue Course Dr,
State College, PA 16801
2-5 Beds | $859 - 1,489
Rental Market Trends in State College, PA
What is the average rent in State College, PA?
$1,246/month
Average Rent
667 Sq Ft
Average Apartment Size
+0.3%
Increase in the Last Year
As of November 2024, the average rent in State College, PA is $1,246 per month. This is 20% lower than the national average rent of $1,559/month, making renting in State College more affordable than most cities in the US. When you rent an apartment in State College, you can expect to pay about $1,076 per month for a studio, $1,246 for a one-bedroom apartment, and around $1,462 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,648 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in State College, PA?
In the past year, rent has increased by 0.3%, which averages out to $4 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated November 2024
Legend
2023
2024
Rent Ranges in State College, PA
Last Updated November 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
19%
$700 - $1,000/month
42%
$1,001 - $1,500/month
19%
$1,501 - $2,000/month
21%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in State College?
Based on current rent prices, State College South, Holmes-Foster and Highlands are the most affordable neighborhoods in State College.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in State College?
Based on current rent prices, Downtown State College, Orchard Park and Highlands are the most expensive neighborhoods in State College.
Neighborhood
Average Rent
Average Sq Ft
Which State College neighborhoods have the most rentals available?
The neighborhoods in State College with the most apartments available are Highlands, Downtown State College and State College South .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in State College, PA?
Because the average rent in State College is $1,246, you’ll want to make about $4,153 per month or $49,836 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does State College, PA compare to other nearby cities and neighborhoods?
Use the tool below to compare State College, PA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,028/month
-
One Bedroom
$1,237/month
$1,394/month
Two Bedroom
$2,262/month
$1,942/month
Three Bedroom
$907/month
-
Apartment communities in State College we think you'll love
Property Management Companies in State College, PA
Core Spaces
-
34
Communities
-
8,969
Units
-
25
Cities
5 Communities in State College
University Partners
-
20
Communities
-
4,874
Units
-
15
Cities
4 Communities in State College
Cardinal Group Management and Advisory, LLC
-
166
Communities
-
36,070
Units
-
89
Cities
3 Communities in State College
Berger Communities
-
31
Communities
-
8,352
Units
-
21
Cities
2 Communities in State College
Homestead Companies
-
19
Communities
-
3,160
Units
-
9
Cities
2 Communities in State College
Pierce Educational Properties
-
12
Communities
-
2,957
Units
-
7
Cities
2 Communities in State College
McKinney Properties
-
12
Communities
-
2,231
Units
-
4
Cities
2 Communities in State College
Morgan Properties
-
313
Communities
-
94,519
Units
-
191
Cities
1 Community in State College
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.