Wayne, PA Rental Market Trends
Highlights
The average rent for an apartment in Wayne is $1,532, a 5% increase compared to the previous year, when the average rent was $1,465.
Average Rent in Wayne, PA
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,532 | 5% | 944 sq. ft. |
The average size for a Wayne, PA apartment is 944 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.
Wayne, PA Apartment Rent Ranges
- $701-$1,0007%
- $1,001-$1,50046%
- $1,501-$2,00045%
- > $2,0002%
Wayne, PA Occupied Housing Units
- Renter-occupied Households32%
- Owner-occupied Households67%
3,887 or 32% of the households in Wayne, PA are renter-occupied while 8,055 or 67% are owner-occupied.
Wayne, PA Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Jan / 2020 |
|---|---|---|---|---|---|---|---|---|---|
| Wayne, PA | $1,376 | $1,432 | $1,414 | $1,411 | $1,411 | $1,465 | $1,477 | $1,506 | $1,532 |
| National | $1,347 | $1,379 | $1,381 | $1,384 | $1,420 | $1,429 | $1,433 | $1,469 |
How Wayne Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Philadelphia | $1,640 | 5% |
| Pittsburgh | $1,236 | 2% |
| Harrisburg | $1,045 | n/a |
| Bethlehem | $1,362 | n/a |
| Allentown | $1,121 | 4% |
| Norristown | $1,364 | 2% |
| King of Prussia | $1,617 | n/a |
| Malvern | $1,804 | 7% |
| Norristown Town | $1,341 | 4% |
| Bryn Mawr | $1,686 | 4% |
| Wayne | $1,532 | 5% |
For more information about the Wayne rental trends, check out our monthly rent report
Check out Pennsylvania Cities, Pennsylvania Neighborhoods and Pennsylvania Zip Codes for more details on verified listings, including the Pennsylvania Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!