What is the median rent in Waterford Township, PA?

The median gross rent in Waterford Township, PA is $644 (±$272) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 181 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Waterford Township, the median gross rent went from $485 in 2015–2019 to $644 in 2020–2024 (+32.8%).

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
$644 (±$272)
Rented homes
181 (±115)
$2,000 or more
0.0%
Since 2015–2019
+32.8%

How much rent costs in Waterford Township

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentWaterford TownshipErie CountyPennsylvaniaUnited States
Less than $5000.0% (±16.4 points)10.7%8.3%6.3%
$500 to $99976.2% (±32.5 points)48.4%26.4%20.2%
$1,000 to $1,49923.8% (±32.5 points)29.2%32.9%28.1%
$1,500 to $1,9990.0% (±16.4 points)8.7%19.3%21.1%
$2,000 to $2,4990.0% (±16.4 points)1.8%7.7%12.0%
$2,500 to $2,9990.0% (±16.4 points)0.5%2.6%5.5%
$3,000 or more0.0% (±16.4 points)0.7%2.8%6.8%

The most common range is $500 to $999, paid by 76.2% of renting households.

0.0% of rented homes in Waterford Township cost $2,000 or more a month.

Waterford Township against Erie County, its state and the nation

Estimate (90% margin of error)
Waterford TownshipErie CountyPennsylvaniaUnited States
Median gross rent$644 (±$272)$904 (±$20)$1,209 (±$5)$1,413
Rented homes paying rent181 (±115)33,566 (±1,118)1,530,443 (±10,042)42,849,984

In Waterford Township, median gross rent is not measurably different from Erie County ($904).

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

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

In Erie County, Waterford Township ranks 35 of 38 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 2227 of 2,369.

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

How rent in Waterford Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$485 (±$100)$644 (±$272)+32.8%No measurable change after inflation
Households that rent15.5% (±7.9 points)13.1% (±7.5 points)−2.4 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±9.9 points)0.0% (±15.0 points)0.0 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 Waterford Township

Nearest places with a published estimate, compared with Waterford Township
PlaceDistanceMedian gross rentCompared with this place
Waterford Township—$644 (±$272)—
Waterford0.9 mi$1,003 (±$123)Higher
LeBoeuf Township5.6 mi$1,073 (±$204)Higher
Mill Village5.6 mi$640 (±$79)Not measurably different
Greene Township (Erie County)6.8 mi$1,729 (±$1,216)Not measurably different
Summit Township (Erie County)6.8 mi$1,423 (±$281)Higher
Amity Township (Erie County)7.7 mi$625 (±$403)Not measurably different
McKean Township7.9 mi$836 (±$280)Not measurably different
Washington Township (Erie County)8.2 mi$948 (±$497)Not measurably different

Nearby places with a measurably higher figure: Waterford, PA ($1,003), LeBoeuf Township, PA ($1,073), Summit Township (Erie County), PA ($1,423).

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

Median gross rent across Erie County, place by place

RankPlaceMedian gross rent
29North East$769 (±$115)
30Union Township (Erie County)$747 (±$222)
31Union City$731 (±$62)
32Elk Creek Township$693 (±$166)
33Wayne Township (Erie County)$688 (±$500)
34Girard$667 (±$35)
35Waterford Township$644 (±$272)
36Mill Village$640 (±$79)
37Amity Township (Erie County)$625 (±$403)
38Albion$592 (±$132)

Showing 10 of 38 places in Erie 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 Waterford Township

What is the average rent in Waterford Township, PA?

The Census Bureau publishes the median rather than the average: the median gross rent in Waterford Township is $644 (±$272) 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 Waterford Township?

In Waterford Township, the median gross rent went from $485 in 2015–2019 to $644 in 2020–2024 (+32.8%).

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 Waterford Township cost more than $2,000 a month?

0.0% of rented homes in Waterford Township have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.

Is rent in Waterford Township higher than in Erie County?

In Waterford Township, median gross rent is not measurably different from Erie County ($904).

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 Waterford township, Erie County, Pennsylvania (county subdivision:81472, in state:42 county:049).

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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