Sinking Spring, 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 Sinking Spring, Pennsylvania rental market.

Sinking Spring, 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, Sinking Spring, Pennsylvania apartments have recorded a 2.6% rent increase.

Sinking Spring, 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
Sinking Spring $1,508 $1,508 $1,539 $1,604 $1,622 $1,632 $1,663 $1,668 $1,672
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Sinking Spring
National
Jul 2023
$1,508
$1,741
Nov 2023
$1,508
$1,732
Mar 2024
$1,539
$1,736
Jul 2024
$1,604
$1,756
Nov 2024
$1,622
$1,749
Mar 2025
$1,632
$1,755
Jul 2025
$1,663
$1,767
Nov 2025
$1,668
$1,753
Mar 2026
$1,672
$1,750

Sinking Spring, Pennsylvania Average Apartment Rent

Sinking Spring, 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 49.26%, apartments priced $1,500 - $2,000 represent the bulk of Sinking Spring, Pennsylvania rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.21%.

Sinking Spring, Pennsylvania Housing tenure**

Renter occupied housing units 674
Owner occupied housing units 969

Renters take up 41% of Sinking Spring, Pennsylvania real estate, occupying a total of 674 units, while homeowners live in 969 properties.

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

4.3

Renter median household income**

$54,038

Average household size of renter-occupied housing units**

1.83

Rental vacancy rate**

4.2%

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

No bedrooms 42
1 bed 174
2 beds 329
3 beds 118
4 beds 11

There are 329 rentals in Sinking Spring, Pennsylvania with 2 beds making up the highest share of the market, at 49%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 11 units. Overall, the median number of rooms in Sinking Spring, Pennsylvania homes for rent is 4.3.

Sinking Spring, Pennsylvania Renter-occupied units by age of householder**

15 - 24 years 42
25 - 34 years 124
35 - 44 years 170
45 - 54 years 120
55 - 59 years 44
60 - 64 years 30
65 - 74 years 54
75 - 84 years 9
85 years and over 81

Most condos for rent in Sinking Spring, Pennsylvania are occupied by residents in the 35 - 44 years age group (25%), followed by those in the 45 - 54 years age group (18%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.

Sinking Spring, Pennsylvania Renter-occupied housing units by family type**

Family households 225
Non-Family Households 449

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

With related children of the householder under 18 127
No related children of the householder under 18 547

A total of 225 apartments for rent in Sinking Spring, Pennsylvania, or 33% of all rentals are family households. Additionally, 19% of rental homes include children under the age of 18 – that’s 127 units. All in all, the median size of a renter-occupied household in Sinking Spring, Pennsylvania is 1.83.

Sinking Spring, Pennsylvania Renter-occupied housing units by educational attainment**

Less than high school graduate 31
High school graduate (including equivalency) 236
Some college or associate's degree 241
Bachelor's degree or higher 166

In terms of education, renters holding bachelor degrees or higher make up 25% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Sinking Spring, Pennsylvania.

Sinking Spring, Pennsylvania Renter-occupied units by year structure built**

Built 2010 - 2019 9
Built 2000 - 2009 184
Built 1990 - 1999 30
Built 1980 - 1989 5
Built 1970 - 1979 56
Built 1960 - 1969 232
Built 1950 - 1959 47
Built 1940 - 1949 28
Built 1939 or earlier 83

The highest share of Sinking Spring, Pennsylvania apartment rentals, namely 34% or 232 units, were Built 1960 - 1969, followed by those Built 2000 - 2009 (27%, 184 units), and the ones Built 1939 or earlier (12%, 83 units).

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

Moved in 2021 or later 53
Moved in 2018 to 2020 237
Moved in 2010 to 2017 304
Moved in 2000 to 2009 37
Moved in 1990 to 1999 26
Moved in 1989 or earlier 17

Median year renter moved into unit 2017

Most Sinking Spring, Pennsylvania renters (45%) moved in 2010 to 2017, while only 3% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Sinking Spring, Pennsylvania condos for rent is 2017.

Sinking Spring, Pennsylvania Renter-occupied housing units by vehicles available**

No vehicle available 73
1 vehicle available 402
2 vehicles available 131
3 vehicles available 45
4 or more vehicles available 23

When it comes to transportation options, 60% of Sinking Spring, Pennsylvania renters have 1 vehicle available per household, 19% of them have 2 vehicles available, and 11% have No vehicle available.

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

Car, truck, or van - drove alone 564
Car, truck, or van - carpooled 38
Walked 20
Worked at home 73

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

Same house as 1 year ago 1,051
Moved within same county 158
Moved from different county within same state 9

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 Sinking Spring, 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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