What is the median rent in Cherry Ridge Township, PA?
The median gross rent in Cherry Ridge Township, PA is $892 (±$88) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 171 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Cherry Ridge Township, the median gross rent went from $985 in 2015–2019 to $892 in 2020–2024 (−9.4%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median gross rent
- $892 (±$88)
- Rented homes
- 171 (±100)
- $2,000 or more
- 4.1%
- Since 2015–2019
- −9.4%
How much rent costs in Cherry Ridge Township
| Monthly gross rent | Cherry Ridge Township | Wayne County | Pennsylvania | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±17.2 points) | 8.2% | 8.3% | 6.3% |
| $500 to $999 | 89.5% (±12.4 points) | 37.8% | 26.4% | 20.2% |
| $1,000 to $1,499 | 4.7% (±8.2 points) | 36.7% | 32.9% | 28.1% |
| $1,500 to $1,999 | 1.8% (±3.3 points) | 10.8% | 19.3% | 21.1% |
| $2,000 to $2,499 | 4.1% (±7.2 points) | 5.3% | 7.7% | 12.0% |
| $2,500 to $2,999 | 0.0% (±17.2 points) | 0.2% | 2.6% | 5.5% |
| $3,000 or more | 0.0% (±17.2 points) | 1.0% | 2.8% | 6.8% |
The most common range is $500 to $999, paid by 89.5% of renting households.
4.1% of rented homes in Cherry Ridge Township cost $2,000 or more a month.
Cherry Ridge Township against Wayne County, its state and the nation
| Cherry Ridge Township | Wayne County | Pennsylvania | United States | |
|---|---|---|---|---|
| Median gross rent | $892 (±$88) | $1,038 (±$51) | $1,209 (±$5) | $1,413 |
| Rented homes paying rent | 171 (±100) | 3,414 (±333) | 1,530,443 (±10,042) | 42,849,984 |
In Cherry Ridge Township, median gross rent is lower than in Wayne County ($1,038).
It is also lower than in Pennsylvania ($1,209).
It is lower than the national figure ($1,413).
In Wayne County, Cherry Ridge Township ranks 16 of 27 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 1432 of 2,369.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Cherry Ridge Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $985 (±$106) | $892 (±$88) | −9.4% | Down after inflation |
| Households that rent | 17.9% (±8.2 points) | 21.9% (±10.5 points) | +4.0 percentage points | Not a measurable change |
| Rental vacancy rate | 10.7% (±16.3 points) | 0.0% (±16.5 points) | −10.7 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Cherry Ridge Township
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Cherry Ridge Township | — | $892 (±$88) | — |
| Texas Township | 2.4 mi | $1,016 (±$240) | Not measurably different |
| Honesdale | 4.0 mi | $1,097 (±$98) | Higher |
| Palmyra Township (Wayne County) | 4.9 mi | $1,070 (±$374) | Not measurably different |
| Prompton | 5.1 mi | $1,100 (±$65) | Higher |
| South Canaan Township | 5.7 mi | $892 (±$295) | Not measurably different |
| Canaan Township | 6.0 mi | $850 (±$259) | Not measurably different |
| Paupack Township | 6.2 mi | $1,572 (±$1,094) | Not measurably different |
| Bethany | 6.2 mi | $742 (±$351) | Not measurably different |
Nearby places with a measurably higher figure: Honesdale, PA ($1,097), Prompton, PA ($1,100).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Wayne County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 10 | Palmyra Township (Wayne County) | $1,070 (±$374) |
| 11 | Oregon Township | $1,050 (±$295) |
| 12 | Hawley | $1,025 (±$85) |
| 13 | Texas Township | $1,016 (±$240) |
| 14 | Dreher Township | $975 (±$291) |
| 15 | Berlin Township | $954 (±$64) |
| 16 (tie) | Cherry Ridge Township | $892 (±$88) |
| 16 (tie) | South Canaan Township | $892 (±$295) |
| 18 | Buckingham Township (Wayne County) | $880 (±$102) |
| 19 | Sterling Township | $869 (±$76) |
| 20 | Preston Township | $855 (±$84) |
| 21 | Canaan Township | $850 (±$259) |
| 22 | Waymart | $831 (±$387) |
Showing 13 of 27 places in Wayne County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Cherry Ridge Township
What is the average rent in Cherry Ridge Township, PA?
The Census Bureau publishes the median rather than the average: the median gross rent in Cherry Ridge Township is $892 (±$88) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Cherry Ridge Township?
In Cherry Ridge Township, the median gross rent went from $985 in 2015–2019 to $892 in 2020–2024 (−9.4%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
How many rentals in Cherry Ridge Township cost more than $2,000 a month?
4.1% of rented homes in Cherry Ridge Township have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Cherry Ridge Township higher than in Wayne County?
In Cherry Ridge Township, median gross rent is lower than in Wayne County ($1,038).
It is also lower than in Pennsylvania ($1,209).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cherry Ridge township, Wayne County, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cherry Ridge township, Wayne County, Pennsylvania
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cherry Ridge township, Wayne County, Pennsylvania
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cherry Ridge township, Wayne County, Pennsylvania (county subdivision:13096, in state:42 county:127).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Cherry Ridge Township at a glance
- Renters and owners in Cherry Ridge Township
- Income and affordability in Cherry Ridge Township
- Home values in Cherry Ridge Township
- Homeowner costs in Cherry Ridge Township
- Property taxes in Cherry Ridge Township
- Types of homes in Cherry Ridge Township
- Age of homes in Cherry Ridge Township
- Heating fuel in Cherry Ridge Township
- Commute and cars in Cherry Ridge Township
- Population growth in Cherry Ridge Township
- Pennsylvania landlord and tenant rules
- Housing across Wayne County
- Pennsylvania places ranked by median rent
- Housing data for every place in Pennsylvania