Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Mercer County, Pennsylvania?
County · Census ACS 5-Year estimates
The median gross rent in Mercer County, Pennsylvania is $843/month (±$35), based on Census ACS 5-Year estimates (2024). The median home value is $164,000 (±$3,160), and the median household income is $59,976/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Mercer County, Pennsylvania and Neighbouring Counties
Housing Metrics for Mercer County, Pennsylvania
| Metric | Value |
|---|---|
| Median Gross Rent | $843 |
| Median Home Value | $164,000 |
| Median Household Income | $59,976 |
| Total Housing Units | 46,524 |
| Renter-Occupied Units | 12,845 |
| Renter-Occupied Share | 28% |
| Households Paying 50%+ Income | 2,517 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| Studio | $610 | +110.3% |
| 1 BR | $632 | +0.8% |
| 2 BR | $847 | +10.7% |
| 3 BR | $1,067 | +7.7% |
| 4 BR | $1,282 | +53.9% |
| 5+ BR | $1,167 | n/a |
How does Mercer County, Pennsylvania compare?
Median gross rent ranked against all counties in Pennsylvania.
Higher rent than 40% of counties in Pennsylvania · 41th of 67
| # | County | Value |
|---|---|---|
| 1 | Chester County | $1,763 |
| 2 | Montgomery County | $1,683 |
| 3 | Bucks County | $1,605 |
| … 37 more … | ||
| 41 | Mercer County(you are here) | $843 |
| … 23 more … | ||
| 65 | Cambria County | $739 |
| 66 | Elk County | $719 |
| 67 | Cameron County | $689 |
More data for Mercer County, Pennsylvania
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Frequently asked questions
What is the average rent in Mercer County, Pennsylvania?
The median gross rent in Mercer County, Pennsylvania is $843/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Mercer County, Pennsylvania?
The median rent for a 2-bedroom in Mercer County, Pennsylvania is $847/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$32. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Mercer County, Pennsylvania?
The median home value in Mercer County, Pennsylvania is $164,000 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Mercer County are rent-burdened?
In Mercer County, Pennsylvania, 2,517 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Mercer County, Pennsylvania?
The median household income in Mercer County, Pennsylvania is $59,976/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $843 has a margin of error of ±$35. In very small areas, MOEs can be large relative to the estimate.
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