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Rent in State College, PA MSA

The Fair Market Rent (FMR) for a two-bedroom home in State College, PA MSA is $1,406/month for HUD fiscal year 2026 — HUD's estimate of the 40th-percentile gross rent for standard-quality rentals in this market.

Quick answer: A two-bedroom in State College, PA MSA has an FMR of $1,406/month (FY2026). That is 44% above the national median of $974. State College, PA MSA ranks #331 of 2,622 HUD FMR areas by two-bedroom rent (1 = most expensive).

Fair Market Rent by bedroom size, State College, PA MSA

Unit sizeFair Market Rent / month
Studio / efficiency$1,187
1 bedroom$1,194
2 bedrooms$1,406
3 bedrooms$1,760
4 bedrooms$1,862

Nearby on the rent ranking

Frequently asked questions

How much is rent in State College, PA MSA?
The Fair Market Rent (FMR) for a two-bedroom unit in State College, PA MSA is $1,406 per month for HUD fiscal year 2026. A one-bedroom is $1,194 and a three-bedroom is $1,760 per month.
What is the studio and one-bedroom Fair Market Rent in State College, PA MSA?
For FY2026, HUD's efficiency/studio FMR in State College, PA MSA is $1,187 per month and the one-bedroom FMR is $1,194 per month.
How is the Fair Market Rent for State College, PA MSA calculated?
HUD's Fair Market Rent is an estimate of the 40th-percentile gross rent — rent plus tenant-paid utilities, excluding telephone, cable, satellite and internet — for standard-quality rental units in the local housing market. Figures are set per HUD FMR area and apply to every county within that area.
What are Fair Market Rents used for in State College, PA MSA?
FMRs set the payment standards for the Housing Choice Voucher (Section 8) program and other HUD rental-assistance programs in State College, PA MSA. They cap the subsidy a voucher can pay toward rent and are also widely used as a benchmark for typical local rents.
How does rent in State College, PA MSA compare nationally?
State College, PA MSA ranks #331 of 2,622 HUD FMR areas by two-bedroom FMR (1 = most expensive). The national median two-bedroom FMR is $974 per month.

Source: U.S. Department of Housing and Urban Development (HUD USER), FY2026 Fair Market Rents. Public domain (17 U.S.C. § 105). Figures effective 1 October 2025. Last updated 2025-10-01.