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Frequently asked questions
What is the average rent in Economy, PA?
The average rent in Economy, PA is $1,403.
What type of rental buildings are in Economy, PA?
In Economy, 21% of the residents are renting compared to 79% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 5% of Economy's rentals, 61% are small-scale complexes with under 50 units, and 32% are single-family rentals.
What do typical apartment communities look like in Economy, PA?
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Economy are about 48 years old, on average. Of these, 40% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 80% of the rental communities here are low-rise, garden-style communities, 20% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
What apartment floorplans are common in Economy, PA?
Rental apartments in Economy come in a range of sizes and floorplans. Studio apartments represent 1.0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 37% of the total apartments in the city, while 2-bedroom floorplans represent around 35% of all rentals in Economy. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.