Lancaster Central Business District, Lancaster, PA Rental Market Trends
Last updated: November 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lancaster Central Business District is $1,799, a 1.05% decrease compared to the previous year, when the average rent was $1,818.
Studio Apartments at $1,618 offer the most budget-friendly option with 467 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 673 square feet for $1,803, balancing privacy and affordability.
Two-beedroom units at $2,086 offer 980 square feet, perfect for roommates or small families.
Average rent in Lancaster Central Business District, Lancaster, PA
Last updated: November 19, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,799 | 671 sq. ft. |
| Studio | $1,618 | 467 sq. ft. |
| 1 Bed | $1,803 | 673 sq. ft. |
| 2 Beds | $2,086 | 980 sq. ft. |
| 3 Beds | n/a | n/a |
Lancaster Central Business District, Lancaster, PA rent trends
Rental prices in Lancaster Central Business District, Lancaster, PA have decreased by 1.05% over the past year. The average rent moved from $1,818 to $1,799.
What's the typical rent budget in Lancaster Central Business District, Lancaster, PA?
The largest share of rentals in Lancaster Central Business District, Lancaster, PA (87%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Lancaster Central Business District, Lancaster, PA?
67 or 39% of the households in Lancaster Central Business District, Lancaster, PA are renter-occupied while 107 or 62% are owner-occupied.
Average Rent in Lancaster, PA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Lancaster Central Business District | $1,799 |
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Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lancaster Central Business District apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.