salaryRent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 18.1 minutes. Most households rent (62%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $31,880 a year. That is $15 an hour at a full-time job.
Is rent cheaper than other Pennsylvania cities?
Yes. Rent here is cheaper than in most of Pennsylvania. It is number 11 of 269 cities from cheapest to most expensive.
How much do households earn in Lock Haven?
Share of households by yearly income. 6.3% of households earn $100,000 or more.
Rent by apartment size in Lock Haven
| Size | Lock Haven | U.S. average |
|---|---|---|
| Studio | $692 | $1,338 |
| 1 bedroom | $708 | $1,324 |
| 2 bedrooms | $911 | $1,509 |
| 3 bedrooms | $1,091 | $1,698 |
| 4 bedrooms | $2,286 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Lock Haven overall?
Everyday prices in Pennsylvania overall are 2% below the U.S. average (index 97.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Lock Haven, so the Pennsylvania figure is shown.
Taxes and bills in Lock Haven
Life in Lock Haven
Is it cheaper to rent or buy in Lock Haven?
Renting is cheaper right now: about $156 a month less.
Owning assumes a typical $137,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $13,730 for the down payment.
Frequently asked questions
What is the average rent in Lock Haven, PA?
Renting in Lock Haven costs a median of about $797 a month in 2026, including utilities. The Pennsylvania median is $1,367.
How much do I need to make to live in Lock Haven?
To keep rent under 30% of income, you need about $31,880 a year, or $15 an hour at a full-time job.
Is Lock Haven cheap or expensive?
Lock Haven is rated Cheap: rent takes 19.2% of the typical household income of $49,721. It ranks 11th cheapest of 269 Pennsylvania cities we track.
How much are property taxes in Lock Haven?
The median homeowner in Lock Haven pays $2,509 a year in property taxes, about 1.83% of the median home value.
Is Lock Haven more expensive than the national average?
Overall prices in Pennsylvania are 2% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Lock Haven?
The median home value in Lock Haven is $137,300, about 2.8 times the typical yearly household income.
8,447 people live in Lock Haven. Numbers are typical (middle) values.