RentData

Average Rent in Venango County, PA Rents rising 7.5% YoY🔻 Cheapest in PA

HUD FY2025 · Official government data · Updated annually · Metro pop. 50,096

Data review: HUD FY2025Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Venango County, PA has rental prices ranging from $623/month to $1,305/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $692/month — 51% below the national average of $1,400/month. With a median household income of $61,626/year, spending $692/month on a 1-bedroom represents 13% of gross income — within the recommended 30% threshold.

How Venango County Compares

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

The Venango County Rental Market

The Venango County, PA area has a population of about 50,096 and 24% 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 Venango 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 Venango County, PA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $27,680. The local median household income of $61,626 exceeds that threshold by $33,946, making Venango County relatively accessible compared to local wages.

Economy & Jobs

Venango County, PA has an unemployment rate of 4.0%, 0.1 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.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Venango County's neighborhoods. Among the highest-value areas are Woodland Heights ($120,604 median home value), Hasson Heights ($154,741 median home value). 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
$623
Affordable
1 Bedroom
$692
Affordable
2 Bedrooms
$908
7.5% YoY
Affordable
3 Bedrooms
$1,132
Affordable
4 Bedrooms
$1,305
Affordable
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Is Venango County, 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
$36,320/year
Local median income: $61,626
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $908/month and 20% down on a 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
Scranton$779$928$1,123$1,462
Lancaster$986$1,106$1,393$1,820

Rent or Buy in Venango County?

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

Should I Rent or Buy?

Break-even analysis using real Venango County data

$
Home Value
$350,000
2BR Rent
$908/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏢 Rent

Renting appears to be the better financial choice for this scenario.

Total monthly buy cost: $2,577/movs rent: $908/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Venango County

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

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Frequently Asked Questions

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🏘️Neighborhoods in Venango County

Compare rent & home prices by neighborhood

💵Rent Affordability in Venango County

Salary needed to afford rent here

🗺️All Cities in PA

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⚖️Compare Venango County

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📋PA Tenant Rights

Deposit limits, eviction laws & renters protections