Apartments & Homes for Rent in Morgantown, PA

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What to Know About

Life in Morgantown & Beyond

Morgantown shares many of the great qualities that make Pennsylvania a desirable place to live.

Pennsylvania is a state rich in history and charm. Explore the state's culture by visiting historic sites like Independence Hall, the Liberty Bell, and Gettysburg National Military Park. Pennsylvania is also home to respected universities like the University of Pennsylvania, Carnegie Mellon University, Drexel University, and Penn State University. Pennsylvania's economy thrives on manufacturing, healthcare, and technology. The state is also home to a thriving theater and art scene, with institutions such as the Kimmel Center for the Performing Arts, the Pittsburgh Symphony Orchestra, and the Pennsylvania Ballet.

For those who love the great outdoors, Pennsylvania offers opportunities for skiing in the Pocono Mountains, fishing in Lake Erie, and exploring the scenic Appalachian Mountains. Sports fans can catch professional games for teams like the Philadelphia Eagles (NFL), Pittsburgh Steelers (NFL), Philadelphia Flyers (NHL), Philadelphia Phillies (MLB), and Philadelphia 76ers (NBA). Be amazed by the popular attractions like the Philly Cheesesteak, the Amish Country, and the Pittsburgh Zoo.

Discover a blend of old and new in Pennsylvania, where history and progress coexist to make it a great place to live.

Rental Market Trends

Morgantown, PA

As of April 2025, Morgantown's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Morgantown's average rent is 12.4% ($207) higher than the Pennsylvania average of $1,666 and 4.1% ($74) higher than the U.S. average of $1,799.

Average Rent
$1,873
Monthly ChangeMonth Over Month Change
Decreased0.9% ($17)
Yearly ChangeYear Over Year Change
Increased0.7% ($13)
Avg. Days on MarketAverage Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,683 Decreased1% ($17) Increased5.6% ($89)
2 Beds $1,953 No change Decreased12.7% ($284)
3 Beds $2,290 Decreased1.2% ($27) Decreased13.1% ($346)
Nearby Cities Average Rent Avg. Rent vs. MorgantownAverage Rent vs. Morgantown Avg. Days on MarketAverage Days on Market
New Holland $1,582 Decreased15.5% ($291) 33 days
Gap $1,142 Decreased39% ($731) 32 days
Reading $1,295 Decreased30.9% ($578) 28 days
Denver $1,596 Decreased14.8% ($277) 36 days
Downingtown $2,091 Increased11.6% ($218) 27 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Morgantown Rental Market FAQs

Explore rental prices, market trends, and availability in Morgantown, PA.

The average rent in Morgantown, PA is $1,873 per month.
Homes in Morgantown typically rent for between $1,178 and $2,977 per month, with an average of $1,873 per month.
In Morgantown, the average rent for a 1-bedroom home is $1,683 per month, for a 2-bedroom home, $1,953 per month, and a 3-bedroom home is $2,290 per month.
The average rent in Morgantown is 4.1% ($74) higher than the national average of $1,799 per month.
The average rent in Morgantown has decreased by 0.9% ($17) in the last month and increased by 0.7% ($13) over the past year.
The rental market in Morgantown, PA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Morgantown, PA, the average rental stays on the market for approximately 28 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 6 rental properties available in Morgantown, PA.
Based on the current averages, a household would need an annual income of $78,120 to comfortably afford a 2-bedroom home in Morgantown.
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