What is the median rent in Park Forest Village, PA?
The median gross rent in Park Forest Village, PA is $1,331 (±$84) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 1,646 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Park Forest Village, the median gross rent went from $1,072 in 2015–2019 to $1,331 in 2020–2024 (+24.2%).
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
- $1,331 (±$84)
- Rented homes
- 1,646 (±273)
- $2,000 or more
- 15.7%
- Since 2015–2019
- +24.2%
How much rent costs in Park Forest Village
| Monthly gross rent | Park Forest Village | Centre County | Pennsylvania | United States |
|---|---|---|---|---|
| Less than $500 | 14.1% (±10.5 points) | 5.4% | 8.3% | 6.3% |
| $500 to $999 | 12.2% (±6.0 points) | 26.1% | 26.4% | 20.2% |
| $1,000 to $1,499 | 41.0% (±9.0 points) | 40.2% | 32.9% | 28.1% |
| $1,500 to $1,999 | 17.1% (±7.9 points) | 15.4% | 19.3% | 21.1% |
| $2,000 to $2,499 | 11.4% (±5.0 points) | 6.0% | 7.7% | 12.0% |
| $2,500 to $2,999 | 1.5% (±1.8 points) | 2.7% | 2.6% | 5.5% |
| $3,000 or more | 2.8% (±4.2 points) | 4.2% | 2.8% | 6.8% |
The most common range is $1,000 to $1,499, paid by 41.0% of renting households.
15.7% of rented homes in Park Forest Village cost $2,000 or more a month.
Park Forest Village against Centre County, its state and the nation
| Park Forest Village | Centre County | Pennsylvania | United States | |
|---|---|---|---|---|
| Median gross rent | $1,331 (±$84) | $1,207 (±$27) | $1,209 (±$5) | $1,413 |
| Rented homes paying rent | 1,646 (±273) | 21,744 (±814) | 1,530,443 (±10,042) | 42,849,984 |
In Park Forest Village, median gross rent is higher than in Centre County ($1,207).
It is also higher than in Pennsylvania ($1,209).
It is not measurably different from the national figure ($1,413).
In Centre County, Park Forest Village ranks 5 of 7 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 140 of 307.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Park Forest Village has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,072 (±$68) | $1,331 (±$84) | +24.2% | No measurable change after inflation |
| Households that rent | 41.8% (±3.9 points) | 44.4% (±5.5 points) | +2.6 percentage points | Not a measurable change |
| Rental vacancy rate | 4.5% (±5.6 points) | 12.8% (±8.1 points) | +8.3 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 Park Forest Village
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Park Forest Village | — | $1,331 (±$84) | — |
| Toftrees | 2.1 mi | $1,566 (±$224) | Not measurably different |
| State College | 2.8 mi | $1,273 (±$55) | Not measurably different |
| Ferguson Township (Centre County) | 4.2 mi | $1,315 (±$82) | Not measurably different |
| Pine Grove Mills | 4.8 mi | $1,410 (±$575) | Not measurably different |
| College Township | 4.9 mi | $1,112 (±$352) | Not measurably different |
| Lemont | 4.9 mi | $1,481 (±$1,152) | Not measurably different |
| Ramblewood | 5.5 mi | $2,037 (±$1,329) | Not measurably different |
| Huston Township (Centre County) | 5.9 mi | $872 (±$248) | Lower |
Nearby places with a measurably lower figure: Huston Township (Centre County), PA ($872).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Centre County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Ramblewood | $2,037 (±$1,329) |
| 2 | Toftrees | $1,566 (±$224) |
| 3 | Lemont | $1,481 (±$1,152) |
| 4 | Pine Grove Mills | $1,410 (±$575) |
| 5 | Park Forest Village | $1,331 (±$84) |
| 6 | Boalsburg | $1,262 (±$289) |
| 7 | Pleasant Gap | $1,210 (±$197) |
Park Forest Village is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Patton Township, whose figures include it.
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 Park Forest Village
What is the average rent in Park Forest Village, PA?
The Census Bureau publishes the median rather than the average: the median gross rent in Park Forest Village is $1,331 (±$84) 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 Park Forest Village?
In Park Forest Village, the median gross rent went from $1,072 in 2015–2019 to $1,331 in 2020–2024 (+24.2%).
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 Park Forest Village cost more than $2,000 a month?
15.7% of rented homes in Park Forest Village have a gross rent of $2,000 or more a month, and 14.1% cost less than $500.
Is rent in Park Forest Village higher than in Centre County?
In Park Forest Village, median gross rent is higher than in Centre County ($1,207).
It is also higher than in Pennsylvania ($1,209).
It is not measurably different from 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 — Park Forest Village CDP, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Park Forest Village CDP, Pennsylvania
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Park Forest Village CDP, 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 Park Forest Village CDP, Pennsylvania (place:58036, 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
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- Types of homes in Park Forest Village
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- Age of homes in Park Forest Village
- Vacancy rate in Park Forest Village
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- Population growth in Park Forest Village
- How long people stay in Park Forest Village
- Crowding and facilities in Park Forest Village
- Pennsylvania landlord and tenant rules
- Housing across Centre County
- Pennsylvania places ranked by median rent
- Housing data for every place in Pennsylvania