RentData

Average Rent in Scranton, PA Rents rising 8.1% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 567,887

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Scranton, PA has rental prices ranging from $779/month to $1,596/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $928/month — 34% below the national average of $1,400/month. With a median household income of $63,656/year, spending $928/month on a 1-bedroom represents 17% of gross income — within the recommended 30% threshold.

How Scranton Compares

With an average 2-bedroom rent of $1,123/month, Scranton ranks #15 most expensive of the 51 cities tracked in Pennsylvania — pricier than 77% of all US cities in our data.

The Scranton Rental Market

The Scranton, PA area has a population of about 567,887 and 33% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Scranton, PA have risen by $84/month (8.1%) over the past year, from $1,039 to $1,123. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

Affordability

To afford a 1-bedroom apartment in Scranton, PA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $37,120. The local median household income of $63,656 exceeds that threshold by $26,536, making Scranton relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Scranton, PA is $190,307, giving a price-to-rent ratio of 14.1. The break-even point between renting and buying is roughly 14 years — renting offers more flexibility for shorter stays, while buying makes more sense for long-term residents.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Scranton's neighborhoods. Among the highest-value areas are The Flats ($136,215 median home value), Bull's Head ($147,372 median home value), Providence ($154,863 median home value). Rental prices typically follow home value patterns, with premium neighborhoods commanding higher rents than outer areas. Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Fair Market Rents

HUD FY2025
Studio
$779
Affordable
1 Bedroom
$928
Affordable
2 Bedrooms
$1,123
8.1% YoY
Affordable
3 Bedrooms
$1,462
Affordable
4 Bedrooms
$1,596
Average
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Median Home Value
$190,307
Source: Zillow ZHVI
Est. monthly payment
$1,013/mo
20% down · 30yr · 7%

Is Scranton, PA Affordable?

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

Affordability Index(30% income rule)

To rent a 2BR
$44,920/year
Local median income: $63,656
To buy a median home
$40,516/year
US national median: $75,000
💡 Based on a 2BR rent of $1,123/month and 20% down on a $190,307 home at 7% rate.

Nearby Cities in PAlargest metros in the state

CityStudio1BR2BR3BRHome 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
Lancaster$986$1,106$1,393$1,820
York$953$1,076$1,342$1,818

Rent or Buy in Scranton?

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

Should I Rent or Buy?

Break-even analysis using real Scranton data

$
Home Value
$190,307
2BR Rent
$1,123/mo
Mortgage Rate
7%
Monthly P&I
$1,013/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $1,401/movs rent: $1,123/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $190,307 home at 7% rate

20% — $38,061
3%50%
Estimated Monthly Payment
$1,013
per month · 30 years · 7% APR
Loan Amount
$152,246
Total Paid
$364,642
Total Interest
$212,396
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Scranton

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Frequently Asked Questions

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🏘️Neighborhoods in Scranton

Compare rent & home prices by neighborhood

⚖️Rent vs Buy in Scranton

Is it cheaper to rent or buy here?

💵Rent Affordability in Scranton

Salary needed to afford rent here

🗺️All Cities in PA

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📋PA Tenant Rights

Deposit limits, eviction laws & renters protections