Pen Argyl, 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 Pen Argyl, Pennsylvania rental market.
Pen Argyl, Pennsylvania
Average Apartment Rent
$1,804
Y-o-Y Change in Average
Apartment Rent
3%
As of March 2026
Compared to a year ago, Pen Argyl, Pennsylvania apartments have recorded a 3% rent increase.
Pen Argyl, Pennsylvania Average apartment rent trend
Pen Argyl, Pennsylvania Average Apartment Rent
Pen Argyl, Pennsylvania Apartment rent ranges
At 49.48%, apartments priced $1,500 - $2,000 represent the bulk of Pen Argyl, Pennsylvania rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.58%.
Pen Argyl, Pennsylvania Housing tenure**
Renters take up 31% of Pen Argyl, Pennsylvania real estate, occupying a total of 404 units, while homeowners live in 917 properties.
Median number of rooms of renter-occupied housing units**
5.2
Renter median household income**
$49,063
Average household size of renter-occupied housing units**
2.49
Pen Argyl, Pennsylvania Renter-occupied housing units by no. of bedrooms**
There are 202 rentals in Pen Argyl, Pennsylvania with 3 beds making up the highest share of the market, at 50%. Units with No bedrooms, on the other hand, hold the lowest percentage (5%), amounting to 20 units. Overall, the median number of rooms in Pen Argyl, Pennsylvania homes for rent is 5.2.
Pen Argyl, Pennsylvania Renter-occupied units by age of householder**
Most condos for rent in Pen Argyl, Pennsylvania are occupied by residents in the 25 - 34 years age group (29%), followed by those in the 45 - 54 years age group (21%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 2%.
Pen Argyl, Pennsylvania Renter-occupied housing units by family type**
Pen Argyl, Pennsylvania Renter-occupied housing units by the presence of own children**
A total of 234 apartments for rent in Pen Argyl, Pennsylvania, or 58% of all rentals are family households. Additionally, 26% of rental homes include children under the age of 18 – that’s 106 units. All in all, the median size of a renter-occupied household in Pen Argyl, Pennsylvania is 2.49.
Pen Argyl, Pennsylvania Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 20% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Pen Argyl, Pennsylvania.
Pen Argyl, Pennsylvania Renter-occupied units by year structure built**
The highest share of Pen Argyl, Pennsylvania apartment rentals, namely 62% or 251 units, were Built 1939 or earlier, followed by those Built 1940 - 1949 (12%, 47 units), and the ones Built 1990 - 1999 (9%, 35 units).
Pen Argyl, Pennsylvania Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Pen Argyl, Pennsylvania renters (42%) moved in 2010 to 2017, while only 2% of them moved in 2021 or later. Overall, the median year renters have occupied their Pen Argyl, Pennsylvania condos for rent is 2016.
Pen Argyl, Pennsylvania Renter-occupied housing units by vehicles available**
When it comes to transportation options, 47% of Pen Argyl, Pennsylvania renters have 2 vehicles available per household, 41% of them have 1 vehicle available, and 9% have 4 or more vehicles available.
Pen Argyl, Pennsylvania Means of transportation to work of householders living in renter-occupied housing units**
Pen Argyl, 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 Pen Argyl, 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
