$1,400
Total Monthly Price
- 2 Beds
- 1 Bath
- 1,200 Sq Ft
- Condo for Rent
116 W Mary St, Old Forge, PA 18518
Freshly painted and ready to rent, great neighborhood. Old Forge School District
Frequently Asked Questions
How much does it cost to rent a condo in Old Forge, PA?
The median rent for a condo in Old Forge, PA is $1,213 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 Old Forge, PA?
To comfortably afford the median rent in Old Forge, PA, a household needs to earn roughly $49,480 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 $1,237 per month in Old Forge, PA, renters typically need to show $3,711 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 Old Forge, PA?
In Old Forge, PA, the price-to-rent ratio is 16.2, 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.
What neighborhoods in Old Forge, PA are best for renting a condo?
The best neighborhood for renting in Old Forge, PA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Downtown Scranton, South Side, Hyde Park, Hill Section and Greenridge, each with its own character and price range.
