Zumper
modified
Updated 5+ Days Ago

Highlights

  • Centrally located
  • Utilities included

Location

315 East Beaver Avenue, State College, PA 16801, USA
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Contact

Management

Property Management Inc.

Leasing office

(844) 334-2712 ext. 7061

Property Overview

Laurel Terrace earns a strong overall impression with an 8.3 Zumper Expert Rating, backed by standout scores for price, amenities, and location. It is centrally located, includes utilities, and is noted for walkable nearby areas, a bustling neighborhood, and a wide range of dining options, making it appealing for renters seeking convenience and value.

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.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, Laurel Terrace is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Laurel Terrace has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Laundry available on site

Great for

  • Social life

Floor plans

StudioStudio1 bath278 sqft$1,575 /mo

Let's explore this property.

Amenities for Laurel Terrace

Apartment Amenities

Air ConditioningFurnished
Hardwood Floor

Building

Controlled AccessOnsite 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?

About Laurel Terrace

HomeApartments in State College 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.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, Laurel Terrace is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Laurel Terrace has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Laurel Terrace
Price·9A 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.
Laurel Terrace stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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:

Social life

  • Areas nearby are accessible by walking
  • 145 restaurants within 1 mile of this property
  • A bustling neighborhood
  • Diverse age groups live in this area

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

Considerations

Greater distance from middle schools
The nearest middle school is farther than 2.7 miles away
Distance from grocery stores
The nearest grocery store is 4.6 miles away
Greater distance from high schools
The nearest high school is farther than 1.0 miles away
Distance from transit
More than 2.8 miles from public transportation
Greater distance from grade schools
The nearest elementary school is farther than 0.7 miles away

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Rent trends in State College

studio apartments at Laurel Terrace cost about 35% more than the average rent price for studio apartments in State College.

Median rents as of Oct 17 2026.
State College
A table of studio rental data trends in State College
MonthMedian Rent
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$1,104
January 2026$1,140
February 2026$1,156
March 2026$1,100
April 2026$1,112
May 2026$1,140
June 2026$1,153
July 2026$1,202
August 2026$1,166
September 2026$1,166
October 2026$1,177

Affordability calculator

Can I afford to live at 315 East Beaver Avenue?

Bedrooms

Studio

Rent-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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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

Explore the area around 315 East Beaver Avenue

Krishan Indian Grocery Store
230 E College Ave
International Market
328 S Allen St
McLanahan Drug Store
116 S Allen St
Weis Markets
560 Westerly Pkwy
GIANT Food Stores
2121 S Atherton St

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