What is the median rent in Elverson, PA?

The median gross rent in Elverson, PA is $826 (±$108) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 191 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Elverson, the median gross rent went from $823 in 2015–2019 to $826 in 2020–2024 (+0.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

Figures last updated on .

Median gross rent
$826 (±$108)
Rented homes
191 (±49)
$2,000 or more
7.3%
Since 2015–2019
+0.4%

How much rent costs in Elverson

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentElversonChester CountyPennsylvaniaUnited States
Less than $50016.8% (±13.2 points)3.1%8.3%6.3%
$500 to $99958.1% (±15.8 points)8.3%26.4%20.2%
$1,000 to $1,49916.2% (±9.0 points)22.7%32.9%28.1%
$1,500 to $1,9991.6% (±2.2 points)30.3%19.3%21.1%
$2,000 to $2,4994.2% (±6.4 points)20.9%7.7%12.0%
$2,500 to $2,9993.1% (±3.3 points)7.2%2.6%5.5%
$3,000 or more0.0% (±15.6 points)7.6%2.8%6.8%

The most common range is $500 to $999, paid by 58.1% of renting households.

7.3% of rented homes in Elverson cost $2,000 or more a month.

Elverson against Chester County, its state and the nation

Estimate (90% margin of error)
ElversonChester CountyPennsylvaniaUnited States
Median gross rent$826 (±$108)$1,763 (±$28)$1,209 (±$5)$1,413
Rented homes paying rent191 (±49)49,215 (±1,494)1,530,443 (±10,042)42,849,984

In Elverson, median gross rent is lower than in Chester County ($1,763).

It is also lower than in Pennsylvania ($1,209).

It is lower than the national figure ($1,413).

In Chester County, Elverson ranks 67 of 69 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 1692 of 2,369.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Elverson has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$823 (±$71)$826 (±$108)+0.4%Down after inflation
Households that rent23.9% (±4.1 points)29.2% (±6.1 points)+5.3 percentage pointsNot a measurable change
Rental vacancy rate14.0% (±11.2 points)0.0% (±15.4 points)−14.0 percentage pointsNot 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 Elverson

Nearest places with a published estimate, compared with Elverson
PlaceDistanceMedian gross rentCompared with this place
Elverson—$826 (±$108)—
West Nantmeal Township2.3 mi$1,446 (±$538)Higher
Caernarvon Township (Berks County)2.9 mi$1,512 (±$596)Higher
Morgantown3.0 mi$1,546 (±$551)Higher
Warwick Township (Chester County)4.2 mi$1,770 (±$342)Higher
New Morgan4.5 mi$1,063 (±$459)Not measurably different
East Nantmeal Township4.6 mi$1,531 (±$684)Higher
Honey Brook Township5.3 mi$1,585 (±$353)Higher
Union Township (Berks County)5.6 mi$1,388 (±$317)Higher

Nearby places with a measurably higher figure: West Nantmeal Township, PA ($1,446), Caernarvon Township (Berks County), PA ($1,512), Morgantown, PA ($1,546).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Chester County, place by place

RankPlaceMedian gross rent
61Atglen$1,161 (±$130)
62West Fallowfield Township (Chester County)$1,107 (±$138)
63Penn Township (Chester County)$1,086 (±$630)
64Spring City$1,070 (±$129)
65East Nottingham Township$1,031 (±$463)
66East Marlborough Township$1,006 (±$361)
67Elverson$826 (±$108)
68Elk Township (Chester County)$792 (±$83)
69East Vincent Township$715 (±$425)

Showing 9 of 69 places in Chester 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 Elverson

What is the average rent in Elverson, PA?

The Census Bureau publishes the median rather than the average: the median gross rent in Elverson is $826 (±$108) 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 Elverson?

In Elverson, the median gross rent went from $823 in 2015–2019 to $826 in 2020–2024 (+0.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

How many rentals in Elverson cost more than $2,000 a month?

7.3% of rented homes in Elverson have a gross rent of $2,000 or more a month, and 16.8% cost less than $500.

Is rent in Elverson higher than in Chester County?

In Elverson, median gross rent is lower than in Chester County ($1,763).

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

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 Elverson borough, Pennsylvania (place:23440, 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.

Request a Census API 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 .

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