Rental market snapshot for Lancaster, Pennsylvania

Lancaster, Pennsylvania Rental Property Market Overview

Lancaster, Pennsylvania is a vibrant city located in the heart of the Susquehanna Valley. With a population of 57,503 as of 2021, according to the US Census, Lancaster is a bustling city full of culture, history, and entertainment. The city is home to a variety of attractions, including the historic Central Market, the Lancaster Science Factory, and the Lancaster County Historical Society. With its diverse population, Lancaster is a great place to live, work, and play.

The average rent for an apartment in Lancaster is $1,352. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -4.1% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Lancaster Pennsylvania | Cost of Living

  • The most expensive ZIP Code in Lancaster is 17601 with an average price of $1,550
  • The cheapest ZIP Code in Lancaster is 17602 with an average price of $1,250

Lancaster ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
117601$1,550
217602$1,395
317603$1,270

Live near Lancaster, Pennsylvania's Top Sights and Attractions

Overlook Community Campus is a sprawling outdoor attraction located in the heart of Pennsylvania. It features a variety of activities and amenities, including a large lake, a playground, a picnic area, a walking trail, and a disc golf course. The campus also has a variety of sports fields, including baseball, softball, and soccer fields, as well as a basketball court. The campus is a great place to spend the day with family and friends, as it offers something for everyone.

Longs Park is a beautiful park located in the heart of Lancaster County. It features a large lake, walking trails, picnic areas, playgrounds, and a variety of other recreational activities. The park also hosts a variety of events throughout the year, including concerts, festivals, and art shows. The park is a great place to spend a day outdoors, enjoying the beauty of nature and the fresh air.

New Park is a large outdoor recreational area located in the rolling hills of south-central Pennsylvania. It features a variety of activities, including a lake for swimming, fishing, and boating, a playground, picnic areas, and a variety of trails for hiking, biking, and horseback riding. The park also offers a variety of educational programs, such as nature walks and bird watching. The park is open year-round and is a great place to spend a day outdoors with family and friends.

Binns Park is a large, lush green space located in the heart of the city. It features a large pond, walking paths, and plenty of benches and picnic tables for visitors to enjoy. The park is home to a variety of wildlife, including ducks, geese, and turtles. It also has a playground for children, a gazebo, and a bandstand for concerts and other events. The park is a popular spot for locals and visitors alike, and is a great place to relax and take in the beauty of nature.

Reservoir Park is a beautiful outdoor area located in the heart of Lancaster, Pennsylvania. It features a large lake, walking trails, picnic areas, and a playground. The lake is stocked with fish and is a popular spot for fishing and boating. The walking trails provide a great way to explore the park and take in the natural beauty of the area. The picnic areas are perfect for family gatherings or a romantic picnic. The playground is a great place for kids to play and explore. Reservoir Park is a great place to spend a day outdoors and enjoy the beauty of Lancaster.

Brandon Park is a large, picturesque park located in a suburban area. It features a variety of outdoor activities, including walking trails, a playground, a pond, and a large open field. The park also has a variety of trees, shrubs, and flowers, providing a beautiful backdrop for visitors. There is also a pavilion, which can be used for picnics and other gatherings. In addition, the park has a variety of amenities, such as restrooms, benches, and a gazebo.

Flory Park is a large outdoor recreational area located in the rolling hills of south-central Pennsylvania. It features a variety of activities for visitors of all ages, including a large lake, walking trails, playgrounds, picnic areas, and a disc golf course. The park also offers a variety of educational programs, such as nature walks and bird watching. Visitors can also enjoy the park's many amenities, such as a snack bar, restrooms, and a pavilion.

Lancaster Municipal Park is a sprawling green space situated in the heart of the city. It features a variety of recreational activities, such as a large playground, a skate park, a disc golf course, a basketball court, and a walking trail. The park also has a lake, which is home to a variety of wildlife, including ducks, geese, and turtles. The park is a popular spot for picnics, and it also hosts a variety of events throughout the year, such as concerts and festivals.

Conestoga Pines is a family-friendly outdoor attraction located in Lancaster, Pennsylvania. It features a variety of activities, such as mini-golf, batting cages, go-karts, bumper boats, and an arcade. There is also a snack bar and picnic area, making it a great spot for a day of fun.

Skyline Park is a scenic park located on a hilltop overlooking the Susquehanna River Valley. It features a variety of recreational activities, including a playground, picnic pavilions, walking trails, and a carousel. The park also offers stunning views of the surrounding countryside, including the river and the distant hills. Visitors can also enjoy a variety of seasonal events, such as concerts, festivals, and fireworks displays.

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Lancaster, Pennsylvania area median rent change by ZIP Code map

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How does Lancaster compare to other cities in Pennsylvania ?

citymedian price
Mcmurray$1,995
Chester$1,220
Elkins Park$1,595
Uniontown$850
Philadelphia$1,700
Harrisburg$1,250
Bridgeville$1,700
Mars$1,675

Average household income in Lancaster area graph - US Census

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The median household income in Lancaster in 2021 was $49,628. This represents a 49.9% change from 2011 when the median was $33,115.

#categorypercent
0Less than $10,0007.5%
1$10,000 to $14,9996.0%
2$15,000 to $19,9995.0%
3$20,000 to $24,9996.1%
4$25,000 to $29,9995.7%
5$30,000 to $34,9996.0%
6$35,000 to $39,9995.1%
7$40,000 to $44,9995.1%
8$45,000 to $49,9993.8%
9$50,000 to $59,9998.0%
10$60,000 to $74,99910.8%
11$75,000 to $99,99913.7%
12$100,000 to $124,9998.9%
13$125,000 to $149,9993.2%
14$150,000 to $199,9992.9%
15$200,000 or more2.2%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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