Average Rent in McKean County, PA↑ Rents rising 7.5% YoY🔻 Cheapest in PA
HUD FY2025 · Official government data · Updated annually · Metro pop. 40,149
Market Overview
McKean County, PA has rental prices ranging from $664/month to $1,320/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $739/month — 47% below the national average of $1,400/month. With a median household income of $61,705/year, spending $739/month on a 1-bedroom represents 14% of gross income — within the recommended 30% threshold.
How McKean County Compares
With an average 2-bedroom rent of $908/month, McKean County ranks #51 most expensive of the 51 cities tracked in Pennsylvania — more affordable than 69% of all US cities in our data.
The McKean County Rental Market
The McKean County, PA area has a population of about 40,149 and 21% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.
Rent Trends
2-bedroom rents in McKean County, PA have risen by $63/month (7.5%) over the past year, from $845 to $908. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in McKean County, PA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $29,560. The local median household income of $61,705 exceeds that threshold by $32,145, making McKean County relatively accessible compared to local wages.
Economy & Jobs
McKean County, PA has an unemployment rate of 4.3%, 0.4 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.
Fair Market Rents
HUD FY2025Is McKean County, PA Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in PAlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Pike County | $1,270 | $1,279 | $1,657 | $2,152 | — |
| Pittsburgh | $998 | $1,068 | $1,280 | $1,632 | — |
| Allentown | $1,033 | $1,213 | $1,507 | $1,924 | — |
| Harrisburg | $953 | $1,114 | $1,371 | $1,763 | — |
| Scranton | $779 | $928 | $1,123 | $1,462 | — |
| Lancaster | $986 | $1,106 | $1,393 | $1,820 | — |
Rent or Buy in McKean County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real McKean County data
Renting appears to be the better financial choice for this scenario.
Living in McKean County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in McKean CountySalary needed to afford rent here
🗺️All Cities in PASee how McKean County ranks statewide
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📋PA Tenant RightsDeposit limits, eviction laws & renters protections