10 Hours Ago
Highlights
- Centrally located
- Utilities included
Location
315 East Beaver Avenue, State College, PA 16801, USA
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Property Overview
Laurel Terrace is centrally located and offers included utilities, contributing to its appeal. With a Zumper expert rating of 7.6, it strikes an excellent balance between price and value, boasting a competitive price rating of 7. Its exceptional amenities and location ratings of 9 reflect a premier living experience with easy access to transportation, parks, and numerous dining options. The property is also recognized for its environmental sustainability and vibrant social scene.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Laundry available on site
Great for
Eco living
Social life
Floor plans
| Studio | Studio | 1 bath | 278 sqft | $1,575 /mo |
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Amenities for Laurel Terrace
Apartment Amenities
| Air Conditioning | Furnished |
| Hardwood Floor |
Building
| Controlled Access | Onsite Laundry |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About Laurel Terrace
Located in the "canyon", Laurel Terrace has one of the best locations for off-campus apartments in State College. Just one block from Penn State University, it is centrally located to everything that is important to you - many of your favorite restaurants, nightlife hangouts and shops. Plus, ALL utilities are included in the rent.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.6
/10
Very GoodLaurel Terrace is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·7A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
While the monthly rent is more than the median price per bedroom of nearby properties, Laurel Terrace has other amenities and features that might compensate for the increased price. The higher monthly rent potentially reflects a higher quality of living that renters might find here, compared to other properties in the area.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Laurel Terrace goes above and beyond to provide sought-after conveniences and desirable perks, including controlled access. Renters looking for popular or luxurious features will find them here—and for that reason, Laurel Terrace receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Laurel Terrace is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Laurel Terrace does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Laurel Terrace provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Laurel Terrace is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Laurel Terrace compares to other nearby properties.
Positives
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 3 miles away
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
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Rent trends in State College
studio apartments at Laurel Terrace cost about 45% more than the average rent price for studio apartments in State College.
Median rents as of Dec 6 2025.
State College
| Month | Median Rent |
|---|---|
| December 2023 | $1,069 |
| January 2024 | $1,102 |
| February 2024 | $975 |
| March 2024 | $975 |
| April 2024 | $1,030 |
| May 2024 | $1,030 |
| June 2024 | $993 |
| July 2024 | $1,011 |
| August 2024 | $1,039 |
| September 2024 | $1,234 |
| October 2024 | $1,102 |
| November 2024 | $1,050 |
| December 2024 | $1,086 |
| January 2025 | $1,101 |
| February 2025 | $1,078 |
| March 2025 | $1,037 |
| April 2025 | $1,032 |
| May 2025 | $1,052 |
| June 2025 | $1,115 |
| July 2025 | $1,183 |
| August 2025 | $1,147 |
| September 2025 | $1,210 |
| October 2025 | $1,083 |
| November 2025 | $1,095 |
| December 2025 | $1,088 |
Affordability calculator
Can I afford to live at 315 East Beaver Avenue?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$63,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $63,000 annually to afford this studio monthly rent price of $1,575.
For more information on rent affordability, visit our rent calculator.
Schools near Laurel Terrace
Easterly Parkway Elementary School
234 easterly pkwy
state college, PA, 16801
K-5Public
A
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Internet available near Laurel Terrace
Getting around State College near 315 East Beaver Avenue
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
8/10
This area is close to freeways and has adequate parking options.
Transit
6/10
Frequent public transit options are within walking distance.
Points of interest for 315 East Beaver Avenue, State College
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
7/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
8/10
Variety of restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
1/10
No high schools within a 30-minute walk
Nightlife
6/10
Some bars within walking distance
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