Media, 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 Media, Pennsylvania rental market.

Media, Pennsylvania

Average Apartment Rent

$2,100

Y-o-Y Change in Average
Apartment Rent

10.3%

As of March 2026

Compared to a year ago, Media, Pennsylvania apartments have recorded a 10.3% rent increase.

Media, 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
Media $1,794 $1,815 $1,824 $1,881 $1,892 $1,904 $2,062 $2,043 $2,100
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Media
National
Jul 2023
$1,794
$1,735
Nov 2023
$1,815
$1,724
Mar 2024
$1,824
$1,729
Jul 2024
$1,881
$1,750
Nov 2024
$1,892
$1,743
Mar 2025
$1,904
$1,749
Jul 2025
$2,062
$1,763
Nov 2025
$2,043
$1,749
Mar 2026
$2,100
$1,750

Media, Pennsylvania Average Apartment Rent

Media, 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 28.21%, apartments priced $1,000 - $1,500 represent the bulk of Media, Pennsylvania rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 11.39%.

Media, Pennsylvania Housing tenure**

Renter occupied housing units 1,770
Owner occupied housing units 1,169

Renters take up 60% of Media, Pennsylvania real estate, occupying a total of 1,770 units, while homeowners live in 1,169 properties.

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

3.9

Renter median household income**

$75,882

Average household size of renter-occupied housing units**

1.75

Rental vacancy rate**

4.2%

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

No bedrooms 98
1 bed 684
2 beds 660
3 beds 308
4 beds 20

There are 684 rentals in Media, Pennsylvania with 1 bed making up the highest share of the market, at 39%. Units with 4 beds, on the other hand, hold the lowest percentage (1%), amounting to 20 units. Overall, the median number of rooms in Media, Pennsylvania homes for rent is 3.9.

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

15 - 24 years 96
25 - 34 years 562
35 - 44 years 408
45 - 54 years 232
55 - 59 years 119
60 - 64 years 99
65 - 74 years 197
75 - 84 years 47
85 years and over 10

Most condos for rent in Media, Pennsylvania are occupied by residents in the 25 - 34 years age group (32%), followed by those in the 35 - 44 years age group (23%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

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

Family households 620
Non-Family Households 1,150

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

With related children of the householder under 18 277
No related children of the householder under 18 1,493

A total of 620 apartments for rent in Media, Pennsylvania, or 35% of all rentals are family households. Additionally, 16% of rental homes include children under the age of 18 – that’s 277 units. All in all, the median size of a renter-occupied household in Media, Pennsylvania is 1.75.

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

Less than high school graduate 20
High school graduate (including equivalency) 174
Some college or associate's degree 489
Bachelor's degree or higher 1,087

In terms of education, renters holding bachelor degrees or higher make up 61% of the rental market. In contrast, residents with less than a high school degree reside in 1% of the homes for rent in Media, Pennsylvania.

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

Built 2010 - 2019 125
Built 2000 - 2009 69
Built 1990 - 1999 24
Built 1980 - 1989 106
Built 1970 - 1979 285
Built 1960 - 1969 354
Built 1950 - 1959 248
Built 1940 - 1949 153
Built 1939 or earlier 406

The highest share of Media, Pennsylvania apartment rentals, namely 23% or 406 units, were Built 1939 or earlier, followed by those Built 1960 - 1969 (20%, 354 units), and the ones Built 1970 - 1979 (16%, 285 units).

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

Moved in 2021 or later 121
Moved in 2018 to 2020 659
Moved in 2010 to 2017 754
Moved in 2000 to 2009 199
Moved in 1990 to 1999 20
Moved in 1989 or earlier 17

Median year renter moved into unit 2017

Most Media, Pennsylvania renters (43%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Media, Pennsylvania condos for rent is 2017.

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

No vehicle available 109
1 vehicle available 1,163
2 vehicles available 465
3 or more vehicles available 33

When it comes to transportation options, 66% of Media, Pennsylvania renters have 1 vehicle available per household, 26% of them have 2 vehicles available, and 6% have No vehicle available.

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

Car, truck, or van - drove alone 1,284
Car, truck, or van - carpooled 117
Public transportation (excluding taxicab) 172
Walked 76
Worked at home 342

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

Same house as 1 year ago 2,585
Moved within same county 180
Moved from different county within same state 199
Moved from different state 82
Moved from abroad 39

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 Media, 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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