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Apartment rent growth in Lancaster tops among eight largest cities in Pennsylvania

Historically tight rental market has led to booming rents in recent years

Penn Square in downtown Lancaster, Pennsylvania, is a hub of activity at almost any time of day. (CoStar)
Penn Square in downtown Lancaster, Pennsylvania, is a hub of activity at almost any time of day. (CoStar)

Lancaster, Pennsylvania, has established itself as a thriving apartment rental market over the past decade. Among Pennsylvania's eight largest apartment markets, Lancaster has consistently led the commonwealth in rent growth over the past five years, outpacing the state’s largest cities by wide margins.

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