Average Rent in Sharon, PA↑ Rents rising 7.5% YoY🔻 Cheapest in PA

Sharon, PA has rental prices ranging from $716/month to $1,374/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $721/month — 48% below the national average of $1,400/month. With a median household income of $55,357/year, spending $721/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.

How Sharon Compares

With an average 2-bedroom rent of $908/month, Sharon ranks #51 most expensive of the 51 cities tracked in Pennsylvania — more affordable than 69% of all US cities in our data.

The Sharon Rental Market

The Sharon, PA area has a population of about 428,430 and 29% 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 Sharon, 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 Sharon, PA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $28,840. The local median household income of $55,357 exceeds that threshold by $26,517, making Sharon relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Sharon, PA is $76,933, giving a price-to-rent ratio of 7.1. At this ratio, buyers who plan to stay 7 or more years may find purchasing more cost-effective than renting at current market prices.

Is Sharon, PA Affordable?

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

Rent or Buy in Sharon?

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

Living in Sharon

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