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Rent Inflation in Williamsport, PA

The average asking rent in Williamsport, PA is $1,096/month as of 2026-08. That is +5.8% compared to a year ago.

Source: Zillow Observed Rent Index (ZORI) | zillow.com/research

Current Avg Rent

$1,096/mo

as of 2026-08

Year-over-Year Change

+5.8%

24-Month Rent Trend

Monthly ZORI index values for Williamsport, PA.

MonthAvg Asking RentChange from Prior Month
2026-08$1,096-0.09%
2026-07$1,097-0.81%
2026-06$1,106+2.03%
2026-05$1,084-0.64%
2026-04$1,091+2.35%
2026-03$1,066+1.23%
2026-02$1,053+1.54%
2026-01$1,037-0.77%
2025-12$1,045-1.42%
2025-11$1,060+0.47%
2025-10$1,055+0.96%
2025-09$1,045+0.87%
2025-08$1,036+0.88%
2025-07$1,027+0.29%
2025-06$1,024+1.29%
2025-05$1,011-0.39%
2025-04$1,015-0.39%
2025-03$1,019+0.39%
2025-02$1,015+1.00%
2025-01$1,005+0.70%
2024-12$998-1.29%
2024-11$1,011-0.30%
2024-10$1,014-0.20%
2024-09$1,016—

Why Rent Inflation Matters

Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.

When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.

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Data Source

Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices