Average Rent in Washington Square West, Philadelphia, PA

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Current Versus Historical Washington Square West, Philadelphia, PA Rents

Washington Square West rentals average $1,350 for a studio rental to $2,995 for a 3-bedroom rental. The median price of all currently available listings is $1,983, or roughly $3 per square feet.

For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $142 (11.14%) year-over-year from $1,276 to $1,418. 1-bedroom rentals prices have increased by $172 (10.54%) year-over-year from $1,628 to $1,800. 2-bedroom rentals prices have increased by $333 (15.42%) year-over-year from $2,162 to $2,495. 3-bedroom rentals prices have increased by $891 (28.65%) year-over-year from $3,109 to $4,000. 4-bedroom rentals prices have increased by $817 (23.79%) year-over-year from $3,433 to $4,250. 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 6.07% this month. 1-bedroom rents have gone up by 5.72% this month. 2-bedroom rents have gone up by 2.89% this month. 3-bedroom rents have gone up by 10.85% this month. 4-bedroom rents have gone up by 12.83% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.87	$1,418	$1,276 (11.14%)	$1,271 (11.58%)
1 BR	$2.90	$1,800	$1,628 (10.54%)	$1,408 (27.81%)
2 BR	$2.59	$2,495	$2,162 (15.42%)	$1,885 (32.36%)
3 BR	$2.21	$4,000	$3,109 (28.65%)	$2,768 (44.53%)

Historical Rents in Washington Square West, Philadelphia, PA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Washington Square West

There are a total of 5 cities nearby Washington Square West. The average rent in Washington Square West is currently $2,494 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 $1,600, is the most affordable city nearby. In contrast, the most expensive city near Washington Square West, Philadelphia, PA is Glassboro, NJ. Monthly rents here are on average $2,900 per month.

Let's compare Washington Square West, Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Washington Square West, Philadelphia, PA is 14.63% more affordable than other cities nearby. One bedrooms are about 12.47% more expensive. Two bedrooms in Washington Square West, Philadelphia, PA are about 19.39% more expensive. Finally, rent for three bedrooms are about 16.53% more expensive. Want more information? Check out the top 5 cities near Washington Square West, Philadelphia, PA in the following chart.

City	Studio	1 Bed	2 Bed	All
Wilmington, DE	$1,548	$1,500	$1,975	$1,600
Philadelphia, PA	$1,334	$1,698	$1,820	$1,800
King of Prussia, PA	$1,709	$2,158	$2,778	$2,494
Lansdale, PA	$2,123	$2,515	$3,144	$2,515
Glassboro, NJ	N/A	N/A	$1,600	$2,900

Top Neighborhoods Near Washington Square West

There are a total of 28 neighborhoods in or near Washington Square West. Some of these neighborhoods include Haddington, Germantown, and Cobbs Creek. We've included all of these top 28 neighborhoods in or near Washington Square West, Philadelphia, PA in the following chart.

The average rent for these 28 neighborhoods in or near Washington Square West, Philadelphia, PA is currently around $1,818 per month. A total of 18 neighborhoods have a lower average rent. Meaning, only ten neighborhoods have a higher average rent than $1,818. Out of all the neighborhoods in or near Washington Square West, Haddington has the most affordable average rent at $1,250 per month. Whereas, at $2,826 average rent per month, University City is the most expensive neighborhood in or near Washington Square West. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Haddington, Philadelphia, PA	$1,050	$1,250	$1,200	$1,250
Germantown, Philadelphia, PA	$1,028	$1,325	$1,740	$1,375
Cobbs Creek, Philadelphia, PA	N/A	$1,175	$1,323	$1,400
Kingsessing, Philadelphia, PA	$975	$1,200	$1,500	$1,438
Port Richmond, Philadelphia, PA	$1,500	$1,198	$1,585	$1,585
South Philadelphia West, Philadelphia, PA	$1,038	$1,265	$1,595	$1,595
Roxborough, Philadelphia, PA	$1,338	$1,595	$1,850	$1,643
North Philadelphia West, Philadelphia, PA	$1,213	$1,430	$1,600	$1,675
North Philadelphia East, Philadelphia, PA	$1,200	$1,385	$1,661	$1,695
East Germantown, Philadelphia, PA	$1,300	$1,590	$1,595	$1,695
Point Breeze, Philadelphia, PA	$1,224	$1,399	$1,795	$1,700
Kensington, Philadelphia, PA	$1,100	$1,525	$1,797	$1,750
Graduate Hospital, Philadelphia, PA	$1,342	$1,638	$2,648	$1,800
Avenue of the Arts North, Philadelphia, PA	$750	$1,705	$1,700	$1,800
Northern Liberties - Fishtown, Philadelphia, PA	$1,399	$1,707	$2,353	$1,835
West Powelton, Philadelphia, PA	N/A	$1,400	$1,695	$1,892
Manayunk, Philadelphia, PA	$1,200	$1,559	$2,095	$1,900
Center City East, Philadelphia, PA	$1,345	$1,895	$2,650	$1,948
Spruce Hill, Philadelphia, PA	$925	$1,350	$1,925	$1,998
Bella Vista - Southwark, Philadelphia, PA	$1,095	$1,700	$2,250	$2,000
Avenue of the Arts South, Philadelphia, PA	$1,200	$1,989	$2,995	$2,019
Fairmount - Art Museum, Philadelphia, PA	$1,454	$1,898	$2,000	$2,045
Center City West, Philadelphia, PA	$1,499	$2,065	$3,315	$2,150
Rittenhouse Square, Philadelphia, PA	$1,575	$2,116	$3,340	$2,151
Mantua, Philadelphia, PA	N/A	$1,288	$1,775	$2,250
Fitler Square, Philadelphia, PA	$1,713	$2,298	$3,350	$2,398
Logan Square, Philadelphia, PA	$1,688	$2,504	$3,695	$2,562
University City, Philadelphia, PA	$1,276	$2,761	$4,127	$2,826

Top Counties Near Washington Square West

There are a total of 28 counties located by Washington Square West, Philadelphia, PA. Some of these counties include Wilmington, DE, Philadelphia, PA, and Lower Merion, PA. The average rent for rentals in these counties is $2,437. 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 $1,600. Vice versa, with an average rent of $2,900, Glassboro, NJ is the most expensive county by Washington Square West, Philadelphia, PA.

Typically, rent for studios in Washington Square West, Philadelphia, PA is 20.59% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Washington Square West, Philadelphia, PA is 12.04% more expensive than other counties nearby. Finally, rent for two bedrooms in Washington Square West, Philadelphia, PA is 10.71% 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	$1,500	$1,975	$1,600
Philadelphia, PA	$1,334	$1,698	$1,820	$1,800
Lower Merion, PA	$1,802	$1,715	$2,400	$2,380
Upper Merion, PA	$1,709	$2,158	$2,768	$2,495
Lansdale, PA	$2,123	$2,515	$3,144	$2,515
Glassboro, NJ	N/A	N/A	$1,600	$2,900

Top Zipcodes Near Washington Square West

There are a total of 26 zipcodes in or near Washington Square West, Philadelphia, PA. The average rent for all of these zipcodes is $1,785. A total of 17 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 $1,250 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 $1,225. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Washington Square West, Philadelphia, PA is $1,522 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,838 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Washington Square West, Philadelphia, PA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
19107, Philadelphia, PA	$1,195	$1,900	$2,615	$1,900
19102, Philadelphia, PA	$1,559	$2,151	$3,303	$2,195
19106, Philadelphia, PA	$1,625	$1,995	$2,685	$2,100
19103, Philadelphia, PA	$1,617	$2,245	$3,488	$2,300
19147, Philadelphia, PA	$1,225	$1,845	$2,300	$2,173
19123, Philadelphia, PA	$1,360	$1,694	$2,175	$1,850
19146, Philadelphia, PA	$1,238	$1,595	$1,900	$1,775
19130, Philadelphia, PA	$1,444	$1,850	$2,000	$2,009
19122, Philadelphia, PA	$1,345	$1,450	$1,798	$1,745
19148, Philadelphia, PA	$1,095	$1,375	$1,673	$1,600

Frequently Asked Questions - Washington Square West Average Rents

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

The average monthly rental price for Washington Square West, Philadelphia, PA apartments for rent is approximately $1,983. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Washington Square West, 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 Washington Square West, Philadelphia, PA.

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

The average monthly rental price for studio apartments is $1,350 and an average price per square feet of $2.87. There are a total of 28 studio apartment listings currently available for rent in Washington Square West.

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

The average monthly rental price for one bedroom apartments is $1,940 and an average price per square feet of $2.90. There are a total of 72 one bedroom apartment listings currently available for rent in Washington Square West.

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

The average monthly rental price for two bedroom apartments is $2,450 and an average price per square feet of $2.59. There are a total of 41 two bedroom apartment listings currently available for rent in Washington Square West.

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

Rent prices for rentals in Washington Square West, Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by 0.11%, one bedroom rental prices have changed by 0.11%, two bedroom rental prices have changed by 0.15%, and three bedroom rental prices have changed by 0.29% year-over-year.

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

A reasonable rent price in Washington Square West, Philadelphia, PA is around $1,586/month. You can search for these reasonably priced rental listings on RentHop.