Apartments for Rent in Downtown Scranton, Scranton, PA

Downtown Scranton, Scranton apartment availability

Downtown Scranton's rental market offers a good selection of listings, with an average of 40 rentals available each month. The majority of rentals are 1-bedroom apartments, making up about 64% of the neighborhood's listings. Many apartments in Downtown Scranton feature modern amenities, including air conditioning, dishwashers, and elevators, which are available in 20%, 32%, and 25% of rentals, respectively. The neighborhood's convenient location and range of amenities make it a popular choice for renters in Scranton.

Downtown Scranton, Scranton rental market trends

Downtown Scranton's rental market is experiencing a slight decline in prices, making it a favorable time for renters. The average monthly rent across all property types decreased by 0.2% year-over-year to approximately $1,498. Breaking it down by bed count, 1-bedrooms saw a 2.1% decrease to $1,460, while 2-bedrooms dropped by 3.2% to $1,974. However, 3-bedrooms experienced a slight 0.4% increase to $1,533. Studios remained relatively stable, with a 0.2% decrease to $957.

Renters should note that January is the most expensive month, with prices 17.2% higher than in February, the least expensive month. This significant difference presents an opportunity for budget-conscious renters to find a better deal in February. Overall, Downtown Scranton's rental market is relatively stable, with minor fluctuations in prices, making it a good time to explore options in the area.

Why Downtown Scranton, Scranton is a great place to live

Downtown Scranton is a hub for renters who prioritize social living and fitness. According to 2024 data, the neighborhood's high walk score, safety, and abundance of restaurants make it an ideal spot for those who enjoy getting out and about with friends. Additionally, the area's street infrastructure and transit frequency ensure easy access to social hotspots. For fitness enthusiasts, Downtown Scranton offers a range of amenities, including onsite gym equipment, health and wellness events, and proximity to gyms, yoga studios, and sports facilities. With its unique blend of social and wellness-focused amenities, Downtown Scranton is an attractive option for renters seeking a vibrant and active lifestyle.