New Oxford, 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 New Oxford, Pennsylvania rental market.
New Oxford, Pennsylvania
Average Apartment Rent
$1,498
Y-o-Y Change in Average
Apartment Rent
8.2%
As of July 2024
Compared to a year ago, New Oxford, Pennsylvania apartments have recorded a 8.2% rent increase.
New Oxford, Pennsylvania |Average apartment rent trend
New Oxford, Pennsylvania| Average apartment rent
New Oxford, Pennsylvania | Apartment rent ranges
At 61.82%, apartments priced $1,500 - $2,000 represent the bulk of New Oxford, Pennsylvania rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 38.18%.
New Oxford, Pennsylvania | Housing tenure**
Renters take up 50% of New Oxford, Pennsylvania real estate, occupying a total of 351 units, while homeowners live in 347 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$31,518
Average household size of renter-occupied housing units**
2.46
Rental vacancy rate**
2%
New Oxford, Pennsylvania | Renter-occupied housing units by no. of bedrooms**
There are 133 rentals in New Oxford, Pennsylvania with 1 bed making up the highest share of the market, at 38%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 4 units. Overall, the median number of rooms in New Oxford, Pennsylvania homes for rent is 4.1.
New Oxford, Pennsylvania |Renter-occupied units by age of householder**
Most condos for rent in New Oxford, Pennsylvania are occupied by residents in the 35 - 44 years age group (31%), followed by those in the 25 - 34 years age group (17%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
New Oxford, Pennsylvania | Renter-occupied housing units by family type**
New Oxford, Pennsylvania | Renter-occupied housing units by the presence of own children**
A total of 166 apartments for rent in New Oxford, Pennsylvania, or 47% of all rentals are family households. Additionally, 37% of rental homes include children under the age of 18 – that’s 129 units. All in all, the median size of a renter-occupied household in New Oxford, Pennsylvania is 2.46.
New Oxford, Pennsylvania | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 7% of the rental market. In contrast, residents with less than a high school degree reside in 31% of the homes for rent in New Oxford, Pennsylvania.
New Oxford, Pennsylvania | Renter-occupied units by year structure built**
The highest share of New Oxford, Pennsylvania apartment rentals, namely 28% or 99 units, were Built 2000 - 2009, followed by those Built 1939 or earlier (20%, 69 units), and the ones Built 1990 - 1999 (15%, 53 units).
New Oxford, Pennsylvania | Renter-occupied units by year householder moved in**
Median year renter moved into unit2015
Most New Oxford, Pennsylvania renters (49%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their New Oxford, Pennsylvania condos for rent is 2015.
New Oxford, Pennsylvania | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 51% of New Oxford, Pennsylvania renters have 1 vehicle available per household, 25% of them have No vehicle available, and 17% have 2 vehicles available.
New Oxford, Pennsylvania | Means of transportation to work of householders living in renter-occupied housing units**
New Oxford, Pennsylvania |Geographical mobility in the past year for householders living in renter-occupied housing units**
New Oxford, Pennsylvania | Average apartment rent by zip codes
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 New Oxford, 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