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Hershey, PA Condos for Rent

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  • /16

    $1,650

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,050 Sq Ft
    • Condo for Rent

    229 W Caracas Ave Unit 2nd Floor, Hershey, PA 17033

    Located in the heart of downtown Hershey, this 2nd floor apartment is in close proximity to the numerous shopping, dining and entertainment options located up and down Chocolate Avenue. Right across the street from Pronio’s Markey and less than 2 miles from Penn State Hershey Medical. Rent includes all utilities as well as 3 AC units for those warmer Summer days. Large Living Room (16x14), 2

    229 W Caracas Ave Unit 2nd Floor, Hershey, PA 17033
  • /9

    $1,700 Per Month

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    203 W Caracas Ave Unit 5, Hershey, PA 17033

    Updated Apartment Living in the Heart of HersheyDiscover a renovated 2-bedroom, 1-bath apartment at 203 W Caracas Ave in Hershey, PA, offering nearly 900 square feet of comfortable, well-planned living space in a highly convenient downtown location. Set within a classic 1930-built apartment home, this residence blends original character with refreshed finishes, creating an inviting option for

    203 W Caracas Ave Unit 5, Hershey, PA 17033

Frequently Asked Questions

How much does it cost to rent a condo in Hershey, PA?
The median rent for a condo in Hershey, PA is $1,595 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Hershey, PA?
To comfortably afford the median rent in Hershey, PA, a household needs to earn roughly $89,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,245 per month in Hershey, PA, renters typically need to show $6,735 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Hershey, PA?
In Hershey, PA, the price-to-rent ratio is 16.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$1,595
Median 1 Bedroom Condo Rent
$995
Median 2 Bedroom Condo Rent
$1,650
Median 3 Bedroom Condo Rent
$2,000
How to Rent a Home