Average Rent in Germantown, Philadelphia, PA

Current Versus Historical Germantown, Philadelphia, PA Rents

Germantown rentals average $900 for a studio rental to $2,675 for a 4-bedroom rental. The median price of all currently available listings is $1,450, or roughly $2 per square feet.

For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $8 (0.67%) year-over-year from $1,175 to $1,183. 1-bedroom rentals prices have increased by $182 (15.76%) year-over-year from $1,156 to $1,338. 2-bedroom rentals prices have increased by $361 (25.52%) year-over-year from $1,414 to $1,775. 3-bedroom rentals prices have increased by $77 (4.67%) year-over-year from $1,648 to $1,725. 4-bedroom rentals prices have increased by $418 (18.70%) year-over-year from $2,233 to $2,650. 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 down by 3.91% this month. 1-bedroom rents have gone up by 3.06% this month. 2-bedroom rents have gone down by 1.57% this month. 3-bedroom rents have gone down by 8.00% this month. 4-bedroom rents have gone up by 23.50% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.36	$1,183	$1,175 (0.67%)	$1,126 (5.00%)
1 BR	$2.39	$1,338	$1,156 (15.76%)	$974 (37.35%)
2 BR	$1.59	$1,775	$1,414 (25.52%)	$1,200 (47.92%)
4+ BR	$1.38	$2,650	$2,233 (18.70%)	$2,125 (24.71%)

Historical Rents in Germantown, Philadelphia, PA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Germantown

There are a total of 3 cities nearby Germantown. The average rent in Germantown is currently $2,313 per month. Our records show that Philadelphia, PA, with an average rent of $1,823, is the most affordable city nearby. In contrast, the most expensive city near Germantown, Philadelphia, PA is Glassboro, NJ. Monthly rents here are on average $2,900 per month.

Let's compare Germantown, Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Germantown, Philadelphia, PA is 55.44% more affordable than other cities nearby. One bedrooms are about 29.00% more affordable. Two bedrooms in Germantown, Philadelphia, PA are about 0.98% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 3 cities near Germantown, Philadelphia, PA in the following chart.

City	Studio	1 Bed	2 Bed	All
Philadelphia, PA	$1,399	$1,726	$1,850	$1,823
King of Prussia, PA	$1,673	$2,052	$2,546	$2,313
Glassboro, NJ	N/A	N/A	$1,500	$2,900

Top Neighborhoods Near Germantown

There are a total of 19 neighborhoods in or near Germantown. Some of these neighborhoods include South Philadelphia West, North Philadelphia East, and North Philadelphia West. We've included all of these top 19 neighborhoods in or near Germantown, Philadelphia, PA in the following chart.

The average rent for these 19 neighborhoods in or near Germantown, Philadelphia, PA is currently around $1,998 per month. Meaning, only nineteen neighborhoods have a higher average rent than $1,998. Interestingly, the neighborhoods' average rent is higher than Germantown's average rent, which is only $1,450. Out of all the neighborhoods in or near Germantown, South Philadelphia West has the most affordable average rent at $1,600 per month. Whereas, at $3,011 average rent per month, University City is the most expensive neighborhood in or near Germantown. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
South Philadelphia West, Philadelphia, PA	$950	$1,265	$1,600	$1,600
North Philadelphia East, Philadelphia, PA	$1,295	$1,447	$1,738	$1,618
North Philadelphia West, Philadelphia, PA	$1,110	$1,208	$1,600	$1,700
Point Breeze, Philadelphia, PA	$1,315	$1,395	$1,800	$1,795
Avenue of the Arts North, Philadelphia, PA	$1,000	$1,670	$1,850	$1,800
Kensington, Philadelphia, PA	$1,493	$1,595	$1,800	$1,800
Northern Liberties - Fishtown, Philadelphia, PA	$1,329	$1,695	$2,353	$1,810
Graduate Hospital, Philadelphia, PA	$1,410	$1,695	$2,148	$1,900
Washington Square West, Philadelphia, PA	$1,275	$1,895	$2,675	$1,950
Manayunk, Philadelphia, PA	$1,420	$1,550	$1,925	$1,998
Rittenhouse Square, Philadelphia, PA	$1,564	$2,100	$3,250	$2,000
Center City East, Philadelphia, PA	$1,650	$1,900	$2,895	$2,025
Center City West, Philadelphia, PA	$1,390	$2,054	$3,195	$2,080
Bella Vista - Southwark, Philadelphia, PA	$1,145	$1,800	$2,259	$2,100
Avenue of the Arts South, Philadelphia, PA	$1,745	$2,119	$3,018	$2,175
Fairmount - Art Museum, Philadelphia, PA	$1,547	$1,828	$2,200	$2,200
Logan Square, Philadelphia, PA	$1,623	$2,185	$3,429	$2,315
Fitler Square, Philadelphia, PA	$1,868	$2,100	$3,692	$2,493
University City, Philadelphia, PA	$1,312	$2,973	$4,299	$3,011

Top Counties Near Germantown

There are a total of 19 counties located by Germantown, Philadelphia, PA. Some of these counties include Philadelphia, PA, Lower Merion, PA, and Upper Merion, PA. The average rent for rentals in these counties is $2,292. That's roughly around $2 per sqft. The county that is the most affordable is Philadelphia, PA. It's average rent per month is $1,823. Vice versa, with an average rent of $2,900, Glassboro, NJ is the most expensive county by Germantown, Philadelphia, PA.

Typically, rent for studios in Germantown, Philadelphia, PA is 22.28% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Germantown, Philadelphia, PA is 31.39% more affordable than other counties nearby. Finally, rent for two bedrooms in Germantown, Philadelphia, PA is 10.47% more affordable than other counties nearby. We've listed the top 4 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Philadelphia, PA	$1,399	$1,726	$1,850	$1,823
Lower Merion, PA	N/A	$1,790	$2,198	$2,255
Upper Merion, PA	$1,673	$2,052	$2,519	$2,330
Glassboro, NJ	N/A	N/A	$1,500	$2,900

Top Zipcodes Near Germantown

There are a total of 21 zipcodes in or near Germantown, Philadelphia, PA. The average rent for all of these zipcodes is $1,815. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 19139, Philadelphia, PA at $1,335 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 $1,329. 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 Germantown, Philadelphia, PA is $1,552 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,895 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Germantown, Philadelphia, PA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
19144, Philadelphia, PA	$1,128	$1,450	$1,850	$1,571
19128, Philadelphia, PA	$1,338	$1,598	$1,925	$1,815
19121, Philadelphia, PA	$1,029	$1,250	$1,600	$1,750
19122, Philadelphia, PA	$1,295	$1,495	$1,800	$1,745
19130, Philadelphia, PA	$1,494	$1,715	$2,195	$2,100
19134, Philadelphia, PA	$1,625	$1,327	$1,475	$1,500
19125, Philadelphia, PA	$1,329	$1,552	$1,895	$1,800
19123, Philadelphia, PA	$1,330	$1,595	$2,325	$1,890
19104, Philadelphia, PA	$1,303	$2,826	$2,016	$2,300
19103, Philadelphia, PA	$1,603	$2,100	$3,353	$2,168

Frequently Asked Questions - Germantown Average Rents

What is the average rent price in Germantown, Philadelphia, PA?

The average monthly rental price for Germantown, Philadelphia, PA apartments for rent is approximately $1,450. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Germantown, 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 Germantown, Philadelphia, PA.

How much is a studio apartment in Germantown, Philadelphia, PA?

The average monthly rental price for studio apartments is $900 and an average price per square feet of $2.36. There are a total of 7 studio apartment listings currently available for rent in Germantown.

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

The average monthly rental price for one bedroom apartments is $1,338 and an average price per square feet of $2.39. There are a total of 23 one bedroom apartment listings currently available for rent in Germantown.

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

The average monthly rental price for two bedroom apartments is $1,832 and an average price per square feet of $1.59. There are a total of 18 two bedroom apartment listings currently available for rent in Germantown.

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

Rent prices for rentals in Germantown, Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by 0.01%, one bedroom rental prices have changed by 0.16%, two bedroom rental prices have changed by 0.26%, and three bedroom rental prices have changed by 0.05% year-over-year.

What is a reasonable rent price in Germantown, Philadelphia, PA?

A reasonable rent price in Germantown, Philadelphia, PA is around $1,160/month. You can search for these reasonably priced rental listings on RentHop.