South Greensburg, 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 South Greensburg, Pennsylvania rental market.
South Greensburg, Pennsylvania
Average Apartment Rent
$984
Y-o-Y Change in Average
Apartment Rent
-2.6%
As of July 2024
Compared to a year ago, South Greensburg, Pennsylvania apartments have recorded a -2.6% rent decrease.
South Greensburg, Pennsylvania |Average apartment rent trend
South Greensburg, Pennsylvania| Average apartment rent
South Greensburg, Pennsylvania | Apartment rent ranges
At 75.45%, apartments priced $700 - $1000 represent the bulk of South Greensburg, Pennsylvania rentals, while condos priced $500 - $700 hold the lowest share of the market – 2.69%.
South Greensburg, Pennsylvania | Housing tenure**
Renters take up 29% of South Greensburg, Pennsylvania real estate, occupying a total of 329 units, while homeowners live in 800 properties.
Median number of rooms of renter-occupied housing units**
4.4
Renter median household income**
$42,697
Average household size of renter-occupied housing units**
1.86
Rental vacancy rate**
5.2%
South Greensburg, Pennsylvania | Renter-occupied housing units by no. of bedrooms**
There are 148 rentals in South Greensburg, Pennsylvania with 2 beds making up the highest share of the market, at 45%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 11 units. Overall, the median number of rooms in South Greensburg, Pennsylvania homes for rent is 4.4.
South Greensburg, Pennsylvania |Renter-occupied units by age of householder**
Most condos for rent in South Greensburg, Pennsylvania are occupied by residents in the 25 - 34 years age group (30%), followed by those in the 60 - 64 years age group (19%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 3%.
South Greensburg, Pennsylvania | Renter-occupied housing units by family type**
South Greensburg, Pennsylvania | Renter-occupied housing units by the presence of own children**
A total of 103 apartments for rent in South Greensburg, Pennsylvania, or 31% of all rentals are family households. Additionally, 24% of rental homes include children under the age of 18 – that’s 78 units. All in all, the median size of a renter-occupied household in South Greensburg, Pennsylvania is 1.86.
South Greensburg, Pennsylvania | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 17% of the rental market. In contrast, residents with less than a high school degree reside in 1% of the homes for rent in South Greensburg, Pennsylvania.
South Greensburg, Pennsylvania | Renter-occupied units by year structure built**
The highest share of South Greensburg, Pennsylvania apartment rentals, namely 40% or 132 units, were Built 1950 - 1959, followed by those Built 1980 - 1989 (23%, 75 units), and the ones Built 1939 or earlier (11%, 35 units).
South Greensburg, Pennsylvania | Renter-occupied units by year householder moved in**
Median year renter moved into unit2016
Most South Greensburg, Pennsylvania renters (40%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their South Greensburg, Pennsylvania condos for rent is 2016.
South Greensburg, Pennsylvania | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 64% of South Greensburg, Pennsylvania renters have 1 vehicle available per household, 23% of them have 2 vehicles available, and 11% have No vehicle available.
South Greensburg, Pennsylvania | Means of transportation to work of householders living in renter-occupied housing units**
South Greensburg, Pennsylvania |Geographical mobility in the past year for householders living in renter-occupied housing units**
South Greensburg, 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 South Greensburg, 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