Mount Penn, Pennsylvania Rental Market Trends
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 Mount Penn, Pennsylvania rental market.
Mount Penn, Pennsylvania
Average Apartment Rent
$1,679
Y-o-Y Change in Average
Apartment Rent
2.6%
As of May 2026
Compared to a year ago, Mount Penn, Pennsylvania apartments have recorded a 2.6% rent increase.
Mount Penn, Pennsylvania Average apartment rent trend
Mount Penn, Pennsylvania Average Apartment Rent
Mount Penn, Pennsylvania Apartment rent ranges
At 49.26%, apartments priced $1,500 - $2,000 represent the bulk of Mount Penn, Pennsylvania rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.21%.
Mount Penn, Pennsylvania Housing tenure**
Renters take up 43% of Mount Penn, Pennsylvania real estate, occupying a total of 545 units, while homeowners live in 727 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$34,147
Average household size of renter-occupied housing units**
2.07
Mount Penn, Pennsylvania Renter-occupied housing units by no. of bedrooms**
There are 203 rentals in Mount Penn, Pennsylvania with 1 bed making up the highest share of the market, at 37%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 16 units. Overall, the median number of rooms in Mount Penn, Pennsylvania homes for rent is 4.1.
Mount Penn, Pennsylvania Renter-occupied units by age of householder**
Most condos for rent in Mount Penn, Pennsylvania are occupied by residents in the 25 - 34 years age group (30%), followed by those in the 65 - 74 years age group (26%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 2%.
Mount Penn, Pennsylvania Renter-occupied housing units by family type**
Mount Penn, Pennsylvania Renter-occupied housing units by the presence of own children**
A total of 232 apartments for rent in Mount Penn, Pennsylvania, or 43% of all rentals are family households. Additionally, 22% of rental homes include children under the age of 18 – that’s 122 units. All in all, the median size of a renter-occupied household in Mount Penn, Pennsylvania is 2.07.
Mount Penn, Pennsylvania Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 12% of the rental market. In contrast, residents with less than a high school degree reside in 16% of the homes for rent in Mount Penn, Pennsylvania.
Mount Penn, Pennsylvania Renter-occupied units by year structure built**
The highest share of Mount Penn, Pennsylvania apartment rentals, namely 35% or 189 units, were Built 1939 or earlier, followed by those Built 1940 - 1949 (16%, 89 units), and the ones Built 1950 - 1959 (10%, 57 units).
Mount Penn, Pennsylvania Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Mount Penn, Pennsylvania renters (46%) moved in 2018 to 2020, while only 5% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Mount Penn, Pennsylvania condos for rent is 2018.
Mount Penn, Pennsylvania Renter-occupied housing units by vehicles available**
When it comes to transportation options, 94% of Mount Penn, Pennsylvania renters have 1 vehicle available per household, 5% of them have 2 or more vehicles available, and 1% have No vehicle available.
Mount Penn, Pennsylvania Means of transportation to work of householders living in renter-occupied housing units**
Mount Penn, Pennsylvania Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Mount Penn, 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
