Castle Shannon, Pennsylvania Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Castle Shannon, Pennsylvania rental market.

Castle Shannon, Pennsylvania

Average Apartment Rent

$1,236

Y-o-Y Change in Average
Apartment Rent

9%

As of March 2026

Compared to a year ago, Castle Shannon, Pennsylvania apartments have recorded a 9% rent increase.

Castle Shannon, Pennsylvania Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Castle Shannon $1,066 $1,121 $1,117 $1,104 $1,122 $1,135 $1,209 $1,235 $1,236
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Castle Shannon
National
Jul 2023
$1,066
$1,735
Nov 2023
$1,121
$1,724
Mar 2024
$1,117
$1,729
Jul 2024
$1,104
$1,750
Nov 2024
$1,122
$1,743
Mar 2025
$1,135
$1,749
Jul 2025
$1,209
$1,763
Nov 2025
$1,235
$1,749
Mar 2026
$1,236
$1,750

Castle Shannon, Pennsylvania Average Apartment Rent

Castle Shannon, Pennsylvania Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 39.14%, apartments priced $1,000 - $1,500 represent the bulk of Castle Shannon, Pennsylvania rentals, while condos priced Under $1,000 hold the lowest share of the market – 30%.

Castle Shannon, Pennsylvania Housing tenure**

Renter occupied housing units 1,589
Owner occupied housing units 2,178

Renters take up 42% of Castle Shannon, Pennsylvania real estate, occupying a total of 1,589 units, while homeowners live in 2,178 properties.

Median number of rooms of renter-occupied housing units**

3.8

Renter median household income**

$57,632

Average household size of renter-occupied housing units**

1.8

Rental vacancy rate**

6.2%

Castle Shannon, Pennsylvania Renter-occupied housing units by no. of bedrooms**

No bedrooms 24
1 bed 741
2 beds 629
3 beds 171
4 beds 12
5 or more beds 12

There are 741 rentals in Castle Shannon, Pennsylvania with 1 bed making up the highest share of the market, at 47%. Units with 4 beds, on the other hand, hold the lowest percentage (1%), amounting to 12 units. Overall, the median number of rooms in Castle Shannon, Pennsylvania homes for rent is 3.8.

Castle Shannon, Pennsylvania Renter-occupied units by age of householder**

15 - 24 years 87
25 - 34 years 452
35 - 44 years 210
45 - 54 years 87
55 - 59 years 213
60 - 64 years 115
65 - 74 years 199
75 - 84 years 191
85 years and over 35

Most condos for rent in Castle Shannon, Pennsylvania are occupied by residents in the 25 - 34 years age group (28%), followed by those in the 65 - 74 years age group (13%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.

Castle Shannon, Pennsylvania Renter-occupied housing units by family type**

Family households 475
Non-Family Households 1,114

Castle Shannon, Pennsylvania Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 236
No related children of the householder under 18 1,353

A total of 475 apartments for rent in Castle Shannon, Pennsylvania, or 30% of all rentals are family households. Additionally, 15% of rental homes include children under the age of 18 – that’s 236 units. All in all, the median size of a renter-occupied household in Castle Shannon, Pennsylvania is 1.8.

Castle Shannon, Pennsylvania Renter-occupied housing units by educational attainment**

Less than high school graduate 197
High school graduate (including equivalency) 413
Some college or associate's degree 433
Bachelor's degree or higher 546

In terms of education, renters holding bachelor degrees or higher make up 34% of the rental market. In contrast, residents with less than a high school degree reside in 12% of the homes for rent in Castle Shannon, Pennsylvania.

Castle Shannon, Pennsylvania Renter-occupied units by year structure built**

Built 2020 or later 26
Built 2010 - 2019 133
Built 2000 - 2009 146
Built 1990 - 1999 85
Built 1980 - 1989 110
Built 1970 - 1979 223
Built 1960 - 1969 226
Built 1950 - 1959 283
Built 1940 - 1949 41
Built 1939 or earlier 316

The highest share of Castle Shannon, Pennsylvania apartment rentals, namely 20% or 316 units, were Built 1939 or earlier, followed by those Built 1950 - 1959 (18%, 283 units), and the ones Built 1960 - 1969 (14%, 226 units).

Castle Shannon, Pennsylvania Renter-occupied units by year householder moved in**

Moved in 2021 or later 105
Moved in 2018 to 2020 520
Moved in 2010 to 2017 677
Moved in 2000 to 2009 238
Moved in 1990 to 1999 38
Moved in 1989 or earlier 11

Median year renter moved into unit 2016

Most Castle Shannon, Pennsylvania renters (43%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Castle Shannon, Pennsylvania condos for rent is 2016.

Castle Shannon, Pennsylvania Renter-occupied housing units by vehicles available**

No vehicle available 277
1 vehicle available 1,052
2 vehicles available 249
3 or more vehicles available 11

When it comes to transportation options, 66% of Castle Shannon, Pennsylvania renters have 1 vehicle available per household, 17% of them have No vehicle available, and 16% have 2 vehicles available.

Castle Shannon, Pennsylvania Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 943
Car, truck, or van - carpooled 172
Public transportation (excluding taxicab) 305
Walked 174
Worked at home 160

Castle Shannon, Pennsylvania Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 2,036
Moved within same county 719
Moved from different county within same state 61
Moved from different state 42

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Castle Shannon, Pennsylvania apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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