Study shows slight dip in Pennsylvania rent prices since June, larger increase since 2020
The average rent price of a one-bedroom apartment in Pennsylvania is down by a small percentage since June, despite a near 20% increase since 2020, according to a recent study.
The study conducted by QuoteWizard, which can be found at https://quotewizard.com/renters-insurance/average-cost-of-renters-insurance#changes, showed that the average price of a one-bedroom apartment in Pennsylvania is currently $985, which is a whopping 17% increase since 2020.
However, compared to June of this year, the average rent price for a one-bedroom apartment in the state has dropped by 2%.