Shippensburg University, 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 Shippensburg University, Pennsylvania rental market.

Shippensburg University, Pennsylvania

Average Apartment Rent

$2,063

Y-o-Y Change in Average
Apartment Rent

26.2%

As of March 2026

Compared to a year ago, Shippensburg University, Pennsylvania apartments have recorded a 26.2% rent increase.

Shippensburg University, 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
Shippensburg University $1,915 $1,795 $1,820 $1,642 $1,670 $1,611 $1,599 $1,814 $2,063
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Shippensburg University
National
Jul 2023
$1,915
$1,735
Nov 2023
$1,795
$1,724
Mar 2024
$1,820
$1,729
Jul 2024
$1,642
$1,750
Nov 2024
$1,670
$1,743
Mar 2025
$1,611
$1,749
Jul 2025
$1,599
$1,763
Nov 2025
$1,814
$1,749
Mar 2026
$2,063
$1,750

Shippensburg University, Pennsylvania Average Apartment Rent

Shippensburg University, 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 38.24%, apartments priced $1,000 - $1,500 represent the bulk of Shippensburg University, Pennsylvania rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 4.41%.

Shippensburg University, Pennsylvania Housing tenure**

Renter occupied housing units 26
Owner occupied housing units 0

Renters take up 100% of Shippensburg University, Pennsylvania real estate, occupying a total of 26 units, while homeowners live in 0 properties.

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

4

Renter median household income**

$20,833

Average household size of renter-occupied housing units**

2.58

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

1 bed 5
2 beds 10
3 beds 11

There are 11 rentals in Shippensburg University, Pennsylvania with 3 beds making up the highest share of the market, at 42%. Units with 1 bed, on the other hand, hold the lowest percentage (19%), amounting to 5 units. Overall, the median number of rooms in Shippensburg University, Pennsylvania homes for rent is 4.

Shippensburg University, Pennsylvania Renter-occupied units by age of householder**

15 - 24 years 17
25 - 34 years 9

Most condos for rent in Shippensburg University, Pennsylvania are occupied by residents in the 15 - 24 years age group (65%), while people in the 25 - 34 years age group make up the lowest share of the local rental market – 35%.

Shippensburg University, Pennsylvania Renter-occupied housing units by family type**

Family households 4
Non-Family Households 22

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

With related children of the householder under 18 0
No related children of the householder under 18 26

Shippensburg University, Pennsylvania Renter-occupied housing units by educational attainment**

Less than high school graduate 4
Some college or associate's degree 17
Bachelor's degree or higher 5

In terms of education, renters holding bachelor degrees or higher make up 19% of the rental market. In contrast, residents with less than a high school degree reside in 15% of the homes for rent in Shippensburg University, Pennsylvania.

Shippensburg University, Pennsylvania Renter-occupied units by year structure built**

Built 1990 - 1999 7
Built 1980 - 1989 4
Built 1970 - 1979 15

The highest share of Shippensburg University, Pennsylvania apartment rentals, namely 58% or 15 units, were Built 1970 - 1979, followed by those Built 1990 - 1999 (27%, 7 units), and the ones Built 1980 - 1989 (15%, 4 units).

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

Moved in 2018 to 2020 6
Moved in 2010 to 2017 20

Median year renter moved into unit 2015

Most Shippensburg University, Pennsylvania renters (77%) moved in 2010 to 2017, while only 23% of them moved in 2018 to 2020. Overall, the median year renters have occupied their Shippensburg University, Pennsylvania condos for rent is 2015.

Shippensburg University, Pennsylvania Renter-occupied housing units by vehicles available**

1 vehicle available 7
2 vehicles available 8
3 or more vehicles available 11

When it comes to transportation options, 42% of Shippensburg University, Pennsylvania renters have 3 or more vehicles available per household, 31% of them have 2 vehicles available, and 27% have 1 vehicle available.

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

Car, truck, or van - drove alone 31

When it comes to transportation options, 42% of Shippensburg University, Pennsylvania renters have 3 or more vehicles available per household, 31% of them have 2 vehicles available, and 27% have 1 vehicle available.

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

Same house as 1 year ago 20
Moved from different county within same state 47

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 Shippensburg University, 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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