Property Prices in State College, PA, United States

Index Info
Price to Income Ratio: 2.77
Mortgage as Percentage of Income: 24.21%
Loan Affordability Index: 4.13
Price to Rent Ratio - City Centre: 6.89
Price to Rent Ratio - Outside of Centre: 7.93
Gross Rental Yield (City Centre): 14.52%
Gross Rental Yield (Outside of Centre): 12.61%
Rent Per Month
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1 Bedroom Apartment in City Centre 1,733.33 $ 1,400.00-1,900.00
1 Bedroom Apartment Outside of City Centre 1,228.33 $ 1,000.00-1,350.00
3 Bedroom Apartment in City Centre 3,141.67 $ 1,750.00-4,725.00
3 Bedroom Apartment Outside of City Centre 2,315.67 $ 2,000.00-2,697.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 242.67 $ 188.96-338.00
Price per Square Feet to Buy Apartment Outside of Centre 201.67 $ 188.96-215.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,320.40 $
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.22 6.00-6.70

These data are based on 37 entries from 7 contributors over the past 18 months.
Last update: 29 December 2025

Sources and References
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