State College
Pennsylvania · Ranked #206 of 373 metros
73Affordable
💡
Housing in State College costs 4.67× the median income, above the national average of 4.5×. The median home price is $323K and median rent is $1,198/month. State College ranks #206 of 373 metros for affordability.
Median Home Price
🏠$323K
Need $95K income
Median Rent
🔑$1,198
Need $48K income
Building Permits
🔨367
annual
Median Income
💰$69K
Pop: 157,303
Rent Burden
⚠️36.0%
of renters paying >30%
Homeownership
🏡59.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | State College | National |
|---|---|---|
| Price-to-Income Ratio | 4.67x | 6.1x |
| Rent Burden | 36.0% | 31.5% |
| Homeownership Rate | 59.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +42.2%Since 2000: +180%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,187/mo
1 Bedroom$1,194/mo
2 Bedroom$1,406/mo
3 Bedroom$1,760/mo
4 Bedroom$1,862/mo
Zillow Market Data
Home Value (ZHVI)
$339K
1yr: +1.9%5yr: +23.9%
Rent (ZORI)
$1,607/mo
1yr: +4.8%5yr: +31.3%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$259K
Active Inventory
26
Days on Market
6
Sold Above List
0.0%
Price Drops
3.8%