Lancaster, PA Rental Market Trends
The average rent for an apartment in Lancaster is $1,256, a 3% increase compared to the previous year, when the average rent was $1,219.
Average Rent in Lancaster, PA
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,256||3%||1,031 sq. ft.|
The average size for a Lancaster, PA apartment is 1,031 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Lancaster, PA Apartment Rent Ranges
- > $2,0002%
Lancaster, PA Occupied Housing Units
- Renter-occupied Households42%
- Owner-occupied Households57%
9,373 or 42% of the households in Lancaster, PA are renter-occupied while 12,745 or 57% are owner-occupied.
Lancaster, PA Rent Trends
|Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Feb / 2020|
How Lancaster Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Lancaster rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!