Average Rent in Lancaster, PA

Lancaster rentals average $260 for a studio rental to $1,600 for a 3-bedroom rental. The median price of all currently available listings is $1,525, or roughly $1 per square feet.

For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $180 (23.43%) year-over-year from $770 to $950. 1-bedroom rentals prices have increased by $38 (3.63%) year-over-year from $1,057 to $1,095. 2-bedroom rentals prices have increased by $544 (44.30%) year-over-year from $1,228 to $1,773. 3-bedroom rentals prices have decreased by $88 (-5.69%) year-over-year from $1,538 to $1,450. 4-bedroom rentals prices have decreased by $514 (-22.22%) year-over-year from $2,314 to $1,800. 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 104.30% this month. 1-bedroom rents have gone up by 5.46% this month. 2-bedroom rents have gone up by 4.11% this month. 3-bedroom rents have gone down by 13.78% this month. 4-bedroom rents have gone down by 4.93% this month.