Rental numbers for Mercer County, PA
The typical home here runs -$672 a month at 7.78% with 25% down. 1 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 9.4%.
- Gross yield
- 5.7%
- typical home, Zillow
- Median ZIP yield
- 9.4%
- 2 ZIPs with full data
- Cash flow
- -$672/mo
- at 7.78%, 25% down
- Typical price
- $182,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $871/mo
- Zillow ZORI, Aug 2026
ZIP codes in Mercer County
19 with published figures
| 16121Farrell | $55,000 | $1,080* | 23.4% | 15.0% | +$395 | n/a |
| 16161Wheatland | $65,000 | $1,030* | 19.1% | 11.7% | +$281 | n/a |
| 16146Sharon | $77,000 | $906 | 14.1% | 7.1% | +$42 | n/a |
| 16125Greenville | $158,000 | $970* | 7.4% | 3.3% | -$422 | n/a |
| 16133Jackson Center | $206,000 | $1,250* | 7.3% | 3.9% | -$446 | n/a |
| 16150Sharpsville | $175,000 | $1,000* | 6.9% | 2.7% | -$552 | n/a |
| 16153Stoneboro | $188,000 | $1,040* | 6.7% | 3.1% | -$521 | n/a |
| 16124Fredonia | $183,000 | $970* | 6.3% | 2.7% | -$575 | n/a |
| 16311Carlton | $186,000 | $970* | 6.3% | 2.5% | -$613 | n/a |
| 16159West Middlesex | $188,000 | $970* | 6.2% | 2.4% | -$642 | n/a |
| 16130Hadley | $188,000 | $970* | 6.2% | 2.7% | -$584 | n/a |
| 16114Clarks Mills | $200,000 | $990* | 5.9% | 2.6% | -$643 | n/a |
| 16145Sandy Lake | $208,000 | $970* | 5.6% | 2.2% | -$741 | n/a |
| 16148Hermitage | $227,000 | $1,060* | 5.6% | 2.1% | -$833 | n/a |
| 16113Sharpsville | $245,000 | $1,070* | 5.2% | 1.8% | -$958 | n/a |
| 16154Transfer | $228,000 | $980* | 5.2% | 1.6% | -$926 | n/a |
| 16137Mercer | $235,000 | $970* | 5.0% | 1.6% | -$946 | n/a |
| 16127Grove City | $227,000 | $896 | 4.7% | 1.7% | -$909 | +1.0% |
| 16142New Wilmington | $278,000 | $970* | 4.2% | 1.1% | -$1,245 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +0.8%
- Rent, 12 months
- +5.3%
- Rent minus price growth
- +4.5 pts
- Property tax
- 1.18%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $166,039 | n/a |
| Aug 2022 | $170,477 | $692 |
| Aug 2023 | $176,242 | $718 |
| Aug 2024 | $178,680 | $785 |
| Aug 2025 | $180,496 | $827 |
| Aug 2026 | $181,984 | $871 |
HUD Fair Market Rent
FY2027, Mercer County, PA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $716 | $810 | $1,028 | $1,423 | $1,615 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 1.6
- 72 units, last 12 months
- National percentile
- 21th
- among US counties
Tools
Test a listing in Mercer County against today's rate.
Open the calculatorPart of the Youngstown, OH metro.
Questions
- Is Mercer County good for rental property?
- The typical home here runs -$672 a month at 7.78% with 25% down. 1 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 9.4%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Mercer County?
- About 1.18% of value, from Census ACS median taxes paid over median home value. On a $182,000 home that is about $2,147 a year.
- What is Fair Market Rent in Mercer County?
- HUD's FY2027 Fair Market Rent here is $810 for a 1-bedroom, $1,028 for a 2-bedroom and $1,423 for a 3-bedroom. Typical cash flow at today's rate is -$672 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.