Youngwood, 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 Youngwood, Pennsylvania rental market.
Youngwood, Pennsylvania
Average Apartment Rent
$980
Y-o-Y Change in Average
Apartment Rent
-2%
As of July 2024
Compared to a year ago, Youngwood, Pennsylvania apartments have recorded a -2% rent decrease.
Youngwood, Pennsylvania |Average apartment rent trend
Youngwood, Pennsylvania| Average apartment rent
Youngwood, Pennsylvania | Apartment rent ranges
At 74.91%, apartments priced $700 - $1000 represent the bulk of Youngwood, Pennsylvania rentals, while condos priced $500 - $700 hold the lowest share of the market – 4.32%.
Youngwood, Pennsylvania | Housing tenure**
Renters take up 39% of Youngwood, Pennsylvania real estate, occupying a total of 533 units, while homeowners live in 838 properties.
Median number of rooms of renter-occupied housing units**
4.2
Renter median household income**
$60,729
Average household size of renter-occupied housing units**
1.92
Rental vacancy rate**
6.3%
Youngwood, Pennsylvania | Renter-occupied housing units by no. of bedrooms**
There are 260 rentals in Youngwood, Pennsylvania with 1 bed making up the highest share of the market, at 49%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 10 units. Overall, the median number of rooms in Youngwood, Pennsylvania homes for rent is 4.2.
Youngwood, Pennsylvania |Renter-occupied units by age of householder**
Most condos for rent in Youngwood, Pennsylvania are occupied by residents in the 45 - 54 years age group (36%), followed by those in the 25 - 34 years age group (30%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 2%.
Youngwood, Pennsylvania | Renter-occupied housing units by family type**
Youngwood, Pennsylvania | Renter-occupied housing units by the presence of own children**
A total of 239 apartments for rent in Youngwood, Pennsylvania, or 45% of all rentals are family households. Additionally, 15% of rental homes include children under the age of 18 – that’s 81 units. All in all, the median size of a renter-occupied household in Youngwood, Pennsylvania is 1.92.
Youngwood, Pennsylvania | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 27% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Youngwood, Pennsylvania.
Youngwood, Pennsylvania | Renter-occupied units by year structure built**
The highest share of Youngwood, Pennsylvania apartment rentals, namely 37% or 195 units, were Built 1970 - 1979, followed by those Built 1939 or earlier (21%, 110 units), and the ones Built 1980 - 1989 (16%, 86 units).
Youngwood, Pennsylvania | Renter-occupied units by year householder moved in**
Median year renter moved into unit2015
Most Youngwood, Pennsylvania renters (60%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Youngwood, Pennsylvania condos for rent is 2015.
Youngwood, Pennsylvania | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 50% of Youngwood, Pennsylvania renters have 1 vehicle available per household, 35% of them have 2 vehicles available, and 10% have No vehicle available.
Youngwood, Pennsylvania | Means of transportation to work of householders living in renter-occupied housing units**
Youngwood, Pennsylvania |Geographical mobility in the past year for householders living in renter-occupied housing units**
Youngwood, 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 Youngwood, 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