Average Rent in Mercer County, PA↑ Rents rising 3.2% YoY

Mercer County, PA has rental prices ranging from $716/month to $1,615/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $810/month — 42% below the national average of $1,400/month. With a median household income of $60,614/year, spending $810/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.

How Mercer County Compares

With an average 2-bedroom rent of $1,028/month, Mercer County ranks #33 most expensive of the 57 cities tracked in Pennsylvania — pricier than 53% of all US cities in our data.

The Mercer County Rental Market

The Mercer County, PA area has a population of about 109,852 and 28% 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 Mercer County, PA have risen by $32/month (3.2%) over the past year, from $996 to $1,028. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Mercer County, PA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $32,400. The local median household income of $60,614 exceeds that threshold by $28,214, making Mercer County relatively accessible compared to local wages.

Is Mercer County, PA Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Mercer County?

Break-even analysis and mortgage estimates based on local market data.

Living in Mercer County

Cost of living, job market, crime rates, and moving cost estimates.