Average Rent in Lackawanna, PA

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Current Versus Historical Lackawanna, PA Rents

Lackawanna rentals average $773 for a studio rental to $1,700 for a 4-bedroom rental. The median price of all currently available listings is $1,350, or roughly $1 per square feet.

For the apartment units and housing in December 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $505 (-38.85%) year-over-year from $1,300 to $795. 1-bedroom rentals prices have increased by $160 (17.02%) year-over-year from $940 to $1,100. 2-bedroom rentals prices have increased by $142 (11.72%) year-over-year from $1,208 to $1,350. 3-bedroom rentals prices have increased by $50 (3.70%) year-over-year from $1,350 to $1,400. 4-bedroom rentals prices have decreased by $207 (-10.17%) year-over-year from $2,032 to $1,825. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 12.50% this month. 1-bedroom rents have gone up by 7.32% this month. 2-bedroom rents have gone up by 8.36% this month. 3-bedroom rents have gone up by 2.44% this month. 4-bedroom rents have gone down by 2.23% this month.

Beds	Price / Sqft	Dec 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$1.47	$795	$1,300 (-38.85%)	$169 (371.11%)
1 BR	$1.67	$1,100	$940 (17.02%)	$778 (41.48%)
2 BR	$1.33	$1,350	$1,208 (11.72%)	$1,097 (23.10%)
3 BR	$1.29	$1,400	$1,350 (3.70%)	$1,238 (13.06%)
4+ BR	$1.06	$1,825	$2,032 (-10.17%)	$1,750 (4.29%)

Historical Rents in Lackawanna, PA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Lackawanna

There are a total of 1 cities nearby Lackawanna. The average rent in Lackawanna is currently $1,300 per month. Only one city nearby has an average rent lower than that. Our records show that Scranton, PA, with an average rent of $1,300, is the most affordable city nearby. In contrast, the most expensive city near Lackawanna, PA is Scranton, PA. Monthly rents here are on average $1,300 per month.

Let's compare Lackawanna, PA's rent against other top cities nearby by bedroom size. One bedrooms are equivalent to other nearby cities' one bedroom rents. Two bedrooms in Lackawanna, PA are about 7.41% more expensive. Finally, rent for three bedrooms are about 1.79% more affordable. Want more information? Check out the top 1 cities near Lackawanna, PA in the following chart.

City	Studio	1 Bed	2 Bed	All
Scranton, PA	N/A	$1,100	$1,250	$1,300

Top Neighborhoods Near Lackawanna

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Lackawanna

The average rent for rentals in these counties is $1,300. That's roughly around $1 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Scranton, PA. It's average rent per month is $1,300. Vice versa, with an average rent of $1,300, Scranton, PA is the most expensive county by Lackawanna, PA.

In comparison, rent for one bedroom listings in Lackawanna, PA is on par with the other counties nearby. Finally, rent for two bedrooms in Lackawanna, PA is 7.41% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Scranton, PA	N/A	$1,100	$1,250	$1,300

Top Zipcodes Near Lackawanna

You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Lackawanna Average Rents

What is the average rent price in Lackawanna, PA?

The average monthly rental price for Lackawanna, PA apartments for rent is approximately $1,350. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Lackawanna, PA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Lackawanna, PA.

How much is a studio apartment in Lackawanna, PA?

The average monthly rental price for studio apartments is $773 and an average price per square feet of $1.47. There are a total of 2 studio apartment listings currently available for rent in Lackawanna.

How much is a one bedroom apartment in Lackawanna, PA?

The average monthly rental price for one bedroom apartments is $1,100 and an average price per square feet of $1.67. There are a total of 54 one bedroom apartment listings currently available for rent in Lackawanna.

How much is a two bedroom apartment in Lackawanna, PA?

The average monthly rental price for two bedroom apartments is $1,350 and an average price per square feet of $1.33. There are a total of 105 two bedroom apartment listings currently available for rent in Lackawanna.

How have rent prices in Lackawanna, PA changed this year?

Rent prices for rentals in Lackawanna, PA can fluctuate yearly. Specifically, studio rental prices have changed by -0.39%, one bedroom rental prices have changed by 0.17%, two bedroom rental prices have changed by 0.12%, and three bedroom rental prices have changed by 0.04% year-over-year.

What is a reasonable rent price in Lackawanna, PA?

A reasonable rent price in Lackawanna, PA is around $1,080/month. You can search for these reasonably priced rental listings on RentHop.