What is the median rent in Economy, PA?
The median gross rent in Economy, PA is $1,009 (±$181) 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 Economy, the median gross rent went from $700 in 2015–2019 to $1,009 in 2020–2024 (+44.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $1,009 (±$181)
- Rented homes
- 171 (±78)
- $2,000 or more
- 3.5%
- Since 2015–2019
- +44.1%
How much rent costs in Economy
| Monthly gross rent | Economy | Beaver County | Pennsylvania | United States |
|---|---|---|---|---|
| Less than $500 | 9.4% (±10.0 points) | 14.6% | 8.3% | 6.3% |
| $500 to $999 | 39.8% (±27.2 points) | 45.0% | 26.4% | 20.2% |
| $1,000 to $1,499 | 44.4% (±26.8 points) | 29.0% | 32.9% | 28.1% |
| $1,500 to $1,999 | 2.9% (±7.1 points) | 7.6% | 19.3% | 21.1% |
| $2,000 to $2,499 | 3.5% (±6.6 points) | 2.7% | 7.7% | 12.0% |
| $2,500 to $2,999 | 0.0% (±17.2 points) | 0.4% | 2.6% | 5.5% |
| $3,000 or more | 0.0% (±17.2 points) | 0.8% | 2.8% | 6.8% |
The most common range is $1,000 to $1,499, paid by 44.4% of renting households.
3.5% of rented homes in Economy cost $2,000 or more a month.
Economy against Beaver County, its state and the nation
| Economy | Beaver County | Pennsylvania | United States | |
|---|---|---|---|---|
| Median gross rent | $1,009 (±$181) | $890 (±$30) | $1,209 (±$5) | $1,413 |
| Rented homes paying rent | 171 (±78) | 16,726 (±867) | 1,530,443 (±10,042) | 42,849,984 |
In Economy, median gross rent is not measurably different from Beaver County ($890).
It is also lower than in Pennsylvania ($1,209).
It is lower than the national figure ($1,413).
In Beaver County, Economy ranks 22 of 51 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 1014 of 2,369.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Economy has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $700 (±$122) | $1,009 (±$181) | +44.1% | No measurable change after inflation |
| Households that rent | 5.1% (±1.8 points) | 5.6% (±2.0 points) | +0.5 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±11.6 points) | 0.0% (±14.1 points) | 0.0 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 Economy
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Economy | — | $1,009 (±$181) | — |
| Baden | 1.9 mi | $646 (±$86) | Lower |
| Harmony Township (Beaver County) | 2.7 mi | $1,041 (±$263) | Not measurably different |
| Conway | 3.2 mi | $894 (±$123) | Not measurably different |
| Bell Acres | 3.8 mi | $1,098 (±$106) | Not measurably different |
| Ambridge Heights | 3.8 mi | $882 (±$681) | Not measurably different |
| Marshall Township | 4.0 mi | $2,253 (±$448) | Higher |
| Pine Run | 4.1 mi | $1,657 (±$270) | Higher |
| Aliquippa | 4.1 mi | $821 (±$98) | Not measurably different |
Nearby places with a measurably lower figure: Baden, PA ($646).
Nearby places with a measurably higher figure: Marshall Township, PA ($2,253), Pine Run, PA ($1,657).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Beaver County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 16 | Center Township (Beaver County) | $1,067 (±$86) |
| 17 | North Sewickley Township | $1,044 (±$284) |
| 18 | Fallston | $1,042 (±$317) |
| 19 | Harmony Township (Beaver County) | $1,041 (±$263) |
| 20 | Brighton Township | $1,034 (±$795) |
| 21 | White Township (Beaver County) | $1,010 (±$93) |
| 22 | Economy | $1,009 (±$181) |
| 23 | Freedom | $1,003 (±$444) |
| 24 | Patterson Township | $986 (±$533) |
| 25 | Big Beaver | $975 (±$573) |
| 26 | South Heights | $971 (±$81) |
| 27 | Ambridge | $969 (±$173) |
| 28 | West Mayfield | $968 (±$97) |
Showing 13 of 51 places in Beaver 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 Economy
What is the average rent in Economy, PA?
The Census Bureau publishes the median rather than the average: the median gross rent in Economy is $1,009 (±$181) 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 Economy?
In Economy, the median gross rent went from $700 in 2015–2019 to $1,009 in 2020–2024 (+44.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Economy cost more than $2,000 a month?
3.5% of rented homes in Economy have a gross rent of $2,000 or more a month, and 9.4% cost less than $500.
Is rent in Economy higher than in Beaver County?
In Economy, median gross rent is not measurably different from Beaver County ($890).
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 — Economy borough, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Economy borough, Pennsylvania
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Economy borough, 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 Economy borough, Pennsylvania (place:22264, in state:42).
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 Economy at a glance
- Renters and owners in Economy
- Income and affordability in Economy
- Home values in Economy
- Homeowner costs in Economy
- Property taxes in Economy
- Types of homes in Economy
- Bedrooms in Economy
- Age of homes in Economy
- Heating fuel in Economy
- Commute and cars in Economy
- Crime reported to police in Economy
- Population growth in Economy
- How long people stay in Economy
- Crowding and facilities in Economy
- Fair Market Rent in Economy
- Pennsylvania landlord and tenant rules
- Housing across Beaver County
- Pennsylvania places ranked by median rent
- Housing data for every place in Pennsylvania