Hatboro, 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 Hatboro, Pennsylvania rental market.

Hatboro, Pennsylvania

Average Apartment Rent

$1,817

Y-o-Y Change in Average
Apartment Rent

-0.3%

As of March 2026

Compared to a year ago, Hatboro, Pennsylvania apartments have recorded a -0.3% rent decrease.

Hatboro, 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
Hatboro $1,703 $1,717 $1,725 $1,740 $1,759 $1,816 $1,824 $1,814 $1,817
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Hatboro
National
Jul 2023
$1,703
$1,735
Nov 2023
$1,717
$1,724
Mar 2024
$1,725
$1,729
Jul 2024
$1,740
$1,750
Nov 2024
$1,759
$1,743
Mar 2025
$1,816
$1,749
Jul 2025
$1,824
$1,763
Nov 2025
$1,814
$1,749
Mar 2026
$1,817
$1,750

Hatboro, Pennsylvania Average Apartment Rent

Hatboro, 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 63.85%, apartments priced $1,500 - $2,000 represent the bulk of Hatboro, Pennsylvania rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.58%.

Hatboro, Pennsylvania Housing tenure**

Renter occupied housing units 1,349
Owner occupied housing units 1,739

Renters take up 44% of Hatboro, Pennsylvania real estate, occupying a total of 1,349 units, while homeowners live in 1,739 properties.

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

4.1

Renter median household income**

$73,902

Average household size of renter-occupied housing units**

2.29

Rental vacancy rate**

9.1%

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

No bedrooms 94
1 bed 413
2 beds 608
3 beds 206
4 beds 28

There are 608 rentals in Hatboro, Pennsylvania with 2 beds making up the highest share of the market, at 45%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 28 units. Overall, the median number of rooms in Hatboro, Pennsylvania homes for rent is 4.1.

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

15 - 24 years 73
25 - 34 years 386
35 - 44 years 415
45 - 54 years 109
55 - 59 years 70
60 - 64 years 60
65 - 74 years 126
75 - 84 years 95
85 years and over 15

Most condos for rent in Hatboro, Pennsylvania are occupied by residents in the 35 - 44 years age group (31%), followed by those in the 25 - 34 years age group (29%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

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

Family households 614
Non-Family Households 735

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

With related children of the householder under 18 368
No related children of the householder under 18 981

A total of 614 apartments for rent in Hatboro, Pennsylvania, or 46% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 368 units. All in all, the median size of a renter-occupied household in Hatboro, Pennsylvania is 2.29.

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

Less than high school graduate 71
High school graduate (including equivalency) 327
Some college or associate's degree 332
Bachelor's degree or higher 619

In terms of education, renters holding bachelor degrees or higher make up 46% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Hatboro, Pennsylvania.

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

Built 2010 - 2019 146
Built 2000 - 2009 141
Built 1990 - 1999 72
Built 1980 - 1989 63
Built 1970 - 1979 275
Built 1960 - 1969 125
Built 1950 - 1959 177
Built 1940 - 1949 56
Built 1939 or earlier 294

The highest share of Hatboro, Pennsylvania apartment rentals, namely 22% or 294 units, were Built 1939 or earlier, followed by those Built 1970 - 1979 (20%, 275 units), and the ones Built 1950 - 1959 (13%, 177 units).

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

Moved in 2021 or later 134
Moved in 2018 to 2020 499
Moved in 2010 to 2017 613
Moved in 2000 to 2009 59
Moved in 1990 to 1999 29
Moved in 1989 or earlier 15

Median year renter moved into unit 2017

Most Hatboro, Pennsylvania renters (45%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Hatboro, Pennsylvania condos for rent is 2017.

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

No vehicle available 69
1 vehicle available 578
2 vehicles available 627
3 vehicles available 65
5 or more vehicles available 10

When it comes to transportation options, 46% of Hatboro, Pennsylvania renters have 2 vehicles available per household, 43% of them have 1 vehicle available, and 5% have No vehicle available.

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

Car, truck, or van - drove alone 1,278
Car, truck, or van - carpooled 100
Public transportation (excluding taxicab) 47
Walked 18
Taxicab, motorcycle, bicycle, or other means 95
Worked at home 193

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

Same house as 1 year ago 2,376
Moved within same county 308
Moved from different county within same state 357
Moved from abroad 33

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 Hatboro, 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

Check out rentals available in Hatboro, Pennsylvania