Pottstown, 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 Pottstown, Pennsylvania rental market.

Pottstown, Pennsylvania

Average Apartment Rent

$1,651

Y-o-Y Change in Average
Apartment Rent

0.4%

As of November 2024

Compared to a year ago, Pottstown, Pennsylvania apartments have recorded a 0.4% rent increase.

Pottstown, Pennsylvania Average apartment rent trend

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Pottstown $1,359 $1,420 $1,458 $1,516 $1,485 $1,619 $1,645 $1,603 $1,634 $1,651
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Pottstown
National
Nov 2021
$1,359
$1,596
Mar 2022
$1,420
$1,635
Jul 2022
$1,458
$1,708
Nov 2022
$1,516
$1,726
Mar 2023
$1,485
$1,714
Jul 2023
$1,619
$1,739
Nov 2023
$1,645
$1,733
Mar 2024
$1,603
$1,727
Jul 2024
$1,634
$1,752
Nov 2024
$1,651
$1,748

Pottstown, Pennsylvania Average Apartment Rent

Pottstown, Pennsylvania Apartment rent ranges

Under $500
$501 - $700
$701 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 44.6%, apartments priced $1,500 - $2,000 represent the bulk of Pottstown, Pennsylvania rentals, while condos priced $700 - $1000 hold the lowest share of the market – 1.83%.

Pottstown, Pennsylvania Housing tenure**

Renter occupied housing units 4,839
Owner occupied housing units 4,904

Renters take up 50% of Pottstown, Pennsylvania real estate, occupying a total of 4,839 units, while homeowners live in 4,904 properties.

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

4.2

Renter median household income**

$37,882

Average household size of renter-occupied housing units**

2.28

Rental vacancy rate**

5%

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

No bedrooms 310
1 bed 1,558
2 beds 1,398
3 beds 1,212
4 beds 286
5 or more beds 75

There are 1,558 rentals in Pottstown, Pennsylvania with 1 bed making up the highest share of the market, at 32%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 75 units. Overall, the median number of rooms in Pottstown, Pennsylvania homes for rent is 4.2.

Pottstown, Pennsylvania Renter-occupied units by age of householder**

15 - 24 years 348
25 - 34 years 1,563
35 - 44 years 563
45 - 54 years 1,011
55 - 59 years 420
60 - 64 years 257
65 - 74 years 344
75 - 84 years 274
85 years and over 59

Most condos for rent in Pottstown, Pennsylvania are occupied by residents in the 25 - 34 years age group (32%), followed by those in the 45 - 54 years age group (21%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

Pottstown, Pennsylvania Renter-occupied housing units by family type**

Family households 2,493
Non-Family Households 2,346

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

With related children of the householder under 18 1,876
No related children of the householder under 18 2,963

A total of 2,493 apartments for rent in Pottstown, Pennsylvania, or 52% of all rentals are family households. Additionally, 39% of rental homes include children under the age of 18 – that’s 1,876 units. All in all, the median size of a renter-occupied household in Pottstown, Pennsylvania is 2.28.

Pottstown, Pennsylvania Renter-occupied housing units by educational attainment**

Less than high school graduate 625
High school graduate (including equivalency) 1,791
Some college or associate's degree 1,751
Bachelor's degree or higher 672

In terms of education, renters holding bachelor degrees or higher make up 14% of the rental market. In contrast, residents with less than a high school degree reside in 13% of the homes for rent in Pottstown, Pennsylvania.

Pottstown, Pennsylvania Renter-occupied units by year structure built**

Built 2010 - 2019 119
Built 1990 - 1999 235
Built 1980 - 1989 172
Built 1970 - 1979 621
Built 1960 - 1969 452
Built 1950 - 1959 870
Built 1940 - 1949 499
Built 1939 or earlier 1,871

The highest share of Pottstown, Pennsylvania apartment rentals, namely 39% or 1,871 units, were Built 1939 or earlier, followed by those Built 1950 - 1959 (18%, 870 units), and the ones Built 1970 - 1979 (13%, 621 units).

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

Moved in 2021 or later 225
Moved in 2018 to 2020 1,802
Moved in 2010 to 2017 2,091
Moved in 2000 to 2009 505
Moved in 1990 to 1999 131
Moved in 1989 or earlier 85

Median year renter moved into unit 2016

Most Pottstown, Pennsylvania renters (43%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Pottstown, Pennsylvania condos for rent is 2016.

Pottstown, Pennsylvania Renter-occupied housing units by vehicles available**

No vehicle available 772
1 vehicle available 2,651
2 vehicles available 1,188
3 vehicles available 172
4 or more vehicles available 56

When it comes to transportation options, 55% of Pottstown, Pennsylvania renters have 1 vehicle available per household, 25% of them have 2 vehicles available, and 16% have No vehicle available.

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

Car, truck, or van - drove alone 3,604
Car, truck, or van - carpooled 589
Public transportation (excluding taxicab) 82
Walked 229
Taxicab, motorcycle, bicycle, or other means 154
Worked at home 268

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

Same house as 1 year ago 8,383
Moved within same county 1,741
Moved from different county within same state 523
Moved from different state 136

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 Pottstown, 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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