Average Rent in Rittenhouse Square, Philadelphia, PA

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Current Versus Historical Rittenhouse Square, Philadelphia, PA Rents

Rittenhouse Square rentals average $1,590 for a studio rental to $4,850 for a 4-bedroom rental. The median price of all currently available listings is $2,178, or roughly $3 per square feet.

For the apartment units and housing in June 2024, median rents have risen over the last year. Studio rentals prices have increased by $136 (9.35%) year-over-year from $1,454 to $1,590. 1-bedroom rentals prices have increased by $130 (6.62%) year-over-year from $1,965 to $2,095. 2-bedroom rentals prices have increased by $471 (16.20%) year-over-year from $2,907 to $3,378. 3-bedroom rentals prices have increased by $543 (15.49%) year-over-year from $3,507 to $4,050. 4-bedroom rentals prices have decreased by $910 (-15.80%) year-over-year from $5,760 to $4,850. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 2.29% this month. 1-bedroom rents have gone up by 1.91% this month. 2-bedroom rents have gone up by 22.86% this month. 3-bedroom rents have gone down by 0.31% this month. 4-bedroom rents have gone down by 13.39% this month.

Beds	Price / Sqft	Jun 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.37	$1,590	$1,454 (9.35%)	$1,330 (19.55%)
1 BR	$3.20	$2,095	$1,965 (6.62%)	$1,597 (31.21%)
2 BR	$2.82	$3,378	$2,907 (16.20%)	$2,023 (66.93%)
3 BR	$2.28	$4,050	$3,507 (15.49%)	$3,029 (33.70%)
4+ BR	$2.80	$4,850	$5,760 (-15.80%)	$4,300 (12.79%)

Historical Rents in Rittenhouse Square, Philadelphia, PA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Rittenhouse Square

There are a total of 5 cities nearby Rittenhouse Square. The average rent in Rittenhouse Square is currently $2,279 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Wilmington, DE, with an average rent of $1,645, is the most affordable city nearby. In contrast, the most expensive city near Rittenhouse Square, Philadelphia, PA is Glassboro, NJ. Monthly rents here are on average $2,900 per month.

Let's compare Rittenhouse Square, Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Rittenhouse Square, Philadelphia, PA is 15.60% more expensive than other cities nearby. One bedrooms are about 23.38% more expensive. Two bedrooms in Rittenhouse Square, Philadelphia, PA are about 40.84% more expensive. Finally, rent for three bedrooms are about 32.84% more expensive. Want more information? Check out the top 5 cities near Rittenhouse Square, Philadelphia, PA in the following chart.

City	Studio	1 Bed	2 Bed	All
Wilmington, DE	$1,548	$1,400	$1,995	$1,645
Philadelphia, PA	$1,342	$1,675	$1,825	$1,800
Lansdale, PA	$1,750	$2,236	$2,490	$2,279
King of Prussia, PA	N/A	$2,149	$2,806	$2,692
Glassboro, NJ	N/A	N/A	$1,600	$2,900

Top Neighborhoods Near Rittenhouse Square

There are a total of 27 neighborhoods in or near Rittenhouse Square. Some of these neighborhoods include Cobbs Creek, Germantown, and Kingsessing. We've included all of these top 27 neighborhoods in or near Rittenhouse Square, Philadelphia, PA in the following chart.

The average rent for these 27 neighborhoods in or near Rittenhouse Square, Philadelphia, PA is currently around $1,863 per month. A total of 21 neighborhoods have a lower average rent. Meaning, only six neighborhoods have a higher average rent than $1,863. Out of all the neighborhoods in or near Rittenhouse Square, Cobbs Creek has the most affordable average rent at $1,375 per month. Whereas, at $2,575 average rent per month, Logan Square is the most expensive neighborhood in or near Rittenhouse Square. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Cobbs Creek, Philadelphia, PA	$1,200	$1,138	$1,350	$1,375
Germantown, Philadelphia, PA	$1,160	$1,345	$1,740	$1,400
Kingsessing, Philadelphia, PA	$1,000	$1,200	$1,500	$1,450
South Philadelphia West, Philadelphia, PA	$1,038	$1,265	$1,550	$1,545
Port Richmond, Philadelphia, PA	$1,285	$1,198	$1,585	$1,584
Roxborough, Philadelphia, PA	$1,325	$1,600	$1,850	$1,650
North Philadelphia West, Philadelphia, PA	$1,213	$1,445	$1,625	$1,650
Point Breeze, Philadelphia, PA	$1,224	$1,395	$1,773	$1,675
North Philadelphia East, Philadelphia, PA	$1,175	$1,373	$1,695	$1,695
East Germantown, Philadelphia, PA	$1,300	$1,745	$1,595	$1,745
Kensington, Philadelphia, PA	$1,200	$1,550	$1,795	$1,750
West Powelton, Philadelphia, PA	N/A	$1,470	$1,600	$1,775
Avenue of the Arts North, Philadelphia, PA	$750	$1,800	$1,750	$1,835
Manayunk, Philadelphia, PA	$1,308	$1,613	$1,795	$1,863
Northern Liberties - Fishtown, Philadelphia, PA	$1,450	$1,705	$2,350	$1,873
Spruce Hill, Philadelphia, PA	$913	$1,250	$1,895	$1,895
Center City East, Philadelphia, PA	$1,335	$1,880	$2,575	$1,900
Washington Square West, Philadelphia, PA	$1,350	$1,975	$2,700	$2,020
Graduate Hospital, Philadelphia, PA	$1,342	$1,625	$2,675	$2,025
Avenue of the Arts South, Philadelphia, PA	$1,175	$2,019	$3,005	$2,110
Mantua, Philadelphia, PA	N/A	$1,368	$1,788	$2,175
Fairmount - Art Museum, Philadelphia, PA	$1,409	$1,695	$2,215	$2,186
Center City West, Philadelphia, PA	$1,480	$2,100	$3,228	$2,200
Bella Vista - Southwark, Philadelphia, PA	$1,200	$1,588	$2,250	$2,250
University City, Philadelphia, PA	$1,292	$2,555	$4,114	$2,405
Fitler Square, Philadelphia, PA	$1,713	$2,442	$3,119	$2,493
Logan Square, Philadelphia, PA	$1,673	$2,515	$3,760	$2,575

Top Counties Near Rittenhouse Square

There are a total of 27 counties located by Rittenhouse Square, Philadelphia, PA. Some of these counties include Wilmington, DE, Philadelphia, PA, and Lansdale, PA. The average rent for rentals in these counties is $2,322. That's roughly around $2 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Wilmington, DE. It's average rent per month is $1,645. Vice versa, with an average rent of $2,900, Glassboro, NJ is the most expensive county by Rittenhouse Square, Philadelphia, PA.

Typically, rent for studios in Rittenhouse Square, Philadelphia, PA is 9.14% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Rittenhouse Square, Philadelphia, PA is 21.66% more expensive than other counties nearby. Finally, rent for two bedrooms in Rittenhouse Square, Philadelphia, PA is 35.57% more expensive than other counties nearby. We've listed the top 6 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Wilmington, DE	$1,548	$1,400	$1,995	$1,645
Philadelphia, PA	$1,342	$1,675	$1,825	$1,800
Lansdale, PA	$1,750	$2,236	$2,490	$2,279
Lower Merion, PA	$1,866	$1,750	$2,350	$2,365
Upper Merion, PA	N/A	$2,149	$2,796	$2,687
Glassboro, NJ	N/A	N/A	$1,600	$2,900

Top Zipcodes Near Rittenhouse Square

There are a total of 26 zipcodes in or near Rittenhouse Square, Philadelphia, PA. The average rent for all of these zipcodes is $1,771. A total of 20 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 19140, Philadelphia, PA at $1,238 per month. In comparison, the zipcode with the most expensive average rent of $2,900 per month is 08028, Glassboro, NJ.

Studios in these zipcodes have an average rent of $1,195. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Rittenhouse Square, Philadelphia, PA is $1,502 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,798 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Rittenhouse Square, Philadelphia, PA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
19102, Philadelphia, PA	$1,613	$2,225	$3,377	$2,295
19103, Philadelphia, PA	$1,608	$2,295	$3,450	$2,333
19107, Philadelphia, PA	$1,195	$1,900	$2,660	$1,935
19146, Philadelphia, PA	$1,238	$1,554	$2,098	$1,795
19106, Philadelphia, PA	$1,450	$1,948	$2,685	$2,078
19147, Philadelphia, PA	$1,213	$1,798	$2,300	$2,250
19130, Philadelphia, PA	$1,400	$1,685	$2,190	$2,139
19104, Philadelphia, PA	$1,272	$1,850	$1,892	$2,000
19123, Philadelphia, PA	$1,415	$1,694	$2,198	$1,925
19122, Philadelphia, PA	$1,442	$1,449	$1,800	$1,750

Frequently Asked Questions - Rittenhouse Square Average Rents

What is the average rent price in Rittenhouse Square, Philadelphia, PA?

The average monthly rental price for Rittenhouse Square, Philadelphia, PA apartments for rent is approximately $2,178. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Rittenhouse Square, Philadelphia, PA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Rittenhouse Square, Philadelphia, PA.

How much is a studio apartment in Rittenhouse Square, Philadelphia, PA?

The average monthly rental price for studio apartments is $1,590 and an average price per square feet of $3.37. There are a total of 46 studio apartment listings currently available for rent in Rittenhouse Square.

How much is a one bedroom apartment in Rittenhouse Square, Philadelphia, PA?

The average monthly rental price for one bedroom apartments is $2,186 and an average price per square feet of $3.20. There are a total of 89 one bedroom apartment listings currently available for rent in Rittenhouse Square.

How much is a two bedroom apartment in Rittenhouse Square, Philadelphia, PA?

The average monthly rental price for two bedroom apartments is $3,372 and an average price per square feet of $2.82. There are a total of 39 two bedroom apartment listings currently available for rent in Rittenhouse Square.

How have rent prices in Rittenhouse Square, Philadelphia, PA changed this year?

Rent prices for rentals in Rittenhouse Square, Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by 0.09%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by 0.16%, and three bedroom rental prices have changed by 0.15% year-over-year.

What is a reasonable rent price in Rittenhouse Square, Philadelphia, PA?

A reasonable rent price in Rittenhouse Square, Philadelphia, PA is around $1,742/month. You can search for these reasonably priced rental listings on RentHop.