Homes & Apartments 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 June 2026, Morgantown's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Morgantown's average rent is 26.5% ($419) higher than the Pennsylvania average of $1,581 and 11.3% ($203) higher than the U.S. average of $1,797.

Average Rent
$2,000
Monthly ChangeMonth Over Month Change
Decreased0.9% ($18)
Yearly ChangeYear Over Year Change
Increased10.2% ($185)
Avg. Days on MarketAverage Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,800 No change Increased10.4% ($169)
2 Beds $2,067 Decreased0.3% ($7) Increased7% ($136)
3 Beds $2,318 Decreased0.7% ($16) Increased0.7% ($15)
Nearby Cities Average Rent Avg. Rent vs. MorgantownAverage Rent vs. Morgantown Avg. Days on MarketAverage Days on Market
Reading $1,252 Decreased37.4% ($748) 28 days
Downingtown $2,374 Increased18.7% ($374) 27 days
Pottstown $1,696 Decreased15.2% ($304) 29 days
Thorndale $2,199 Increased10% ($199) 24 days
Ephrata $1,127 Decreased43.7% ($873) 30 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 $2,000 per month.
Homes in Morgantown typically rent for between $1,260 and $3,013 per month, with an average of $2,000 per month.
In Morgantown, the average rent for a 1-bedroom home is $1,800 per month, for a 2-bedroom home, $2,067 per month, and a 3-bedroom home is $2,318 per month.
The average rent in Morgantown is 11.3% ($203) higher than the national average of $1,797 per month.
The average rent in Morgantown has decreased by 0.9% ($18) in the last month and increased by 10.2% ($185) 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 2 rental properties available in Morgantown, PA.
Based on the current averages, a household would need an annual income of $82,680 to comfortably afford a 2-bedroom home in Morgantown.
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