Centre County renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Centre County is about $1,078 per month. This puts it in the 77th percentile compared to the state average cost of rent, which is $1,115. Households in Centre County have a median income of $6,023 per month so the average renter in Centre County is spending roughly 18% of their earnings on housing.
Nationally, and in Centre County, home values are the data point most closely correlated with the cost of rent. The median price of a home in Centre County is $271,711 right now, which is higher than nearby counties, meaning that rents in Centre County also tend to be higher versus these nearby counties.
Higher rent prices are common in the southern parts of Centre County while lower rent rates are often available in northwestern areas.
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