Average Rent in Kensington, Philadelphia, PA

Current Versus Historical Kensington, Philadelphia, PA Rents

Kensington rentals average $1,167 for a studio rental to $1,900 for a 4-bedroom rental. The median price of all currently available listings is $1,768, 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 $285 (22.98%) year-over-year from $1,240 to $1,525. 1-bedroom rentals prices have increased by $148 (10.46%) year-over-year from $1,415 to $1,563. 2-bedroom rentals prices have increased by $34 (1.94%) year-over-year from $1,766 to $1,800. 3-bedroom rentals prices have increased by $261 (12.70%) year-over-year from $2,054 to $2,315. 4-bedroom rentals prices have decreased by $433 (-17.11%) year-over-year from $2,533 to $2,100. 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 20.49% this month. 1-bedroom rents have gone up by 8.90% this month. 2-bedroom rents have gone down by 2.61% this month. 3-bedroom rents have gone up by 0.80% this month. 4-bedroom rents have gone down by 24.78% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.67	$1,525	$1,240 (22.98%)	$875 (74.29%)
1 BR	$1.94	$1,563	$1,415 (10.46%)	$1,181 (32.36%)
2 BR	$1.89	$1,800	$1,766 (1.94%)	$1,747 (3.01%)
3 BR	$1.48	$2,315	$2,054 (12.70%)	$1,935 (19.64%)
4+ BR	$1.41	$2,100	$2,533 (-17.11%)	$2,575 (-18.45%)

Historical Rents in Kensington, Philadelphia, PA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Kensington

There are a total of 5 cities nearby Kensington. The average rent in Kensington is currently $2,207 per month. Only one city nearby has 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 Kensington, Philadelphia, PA is Glassboro, NJ. Monthly rents here are on average $3,000 per month.

Let's compare Kensington, Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Kensington, Philadelphia, PA is 15.90% more affordable than other cities nearby. One bedrooms are about 5.64% more affordable. Two bedrooms in Kensington, Philadelphia, PA are about 5.28% more affordable. Finally, rent for three bedrooms are about 14.29% more affordable. Want more information? Check out the top 5 cities near Kensington, Philadelphia, PA in the following chart.

City	Studio	1 Bed	2 Bed	All
Wilmington, DE	$1,045	$1,600	$1,895	$1,600
Philadelphia, PA	$1,353	$1,685	$1,833	$1,800
Lansdale, PA	$2,358	$2,207	$2,952	$2,207
King of Prussia, PA	$1,663	$2,055	$2,583	$2,371
Glassboro, NJ	N/A	N/A	$1,500	$3,000

Top Neighborhoods Near Kensington

There are a total of 29 neighborhoods in or near Kensington. Some of these neighborhoods include Haddington, Cobbs Creek, and Germantown. We've included all of these top 29 neighborhoods in or near Kensington, Philadelphia, PA in the following chart.

The average rent for these 29 neighborhoods in or near Kensington, Philadelphia, PA is currently around $1,900 per month. A total of 9 neighborhoods have a lower average rent. Meaning, only twenty neighborhoods have a higher average rent than $1,900. Interestingly, the neighborhoods' average rent is higher than Kensington's average rent, which is only $1,768. Out of all the neighborhoods in or near Kensington, Haddington has the most affordable average rent at $1,300 per month. Whereas, at $3,011 average rent per month, University City is the most expensive neighborhood in or near Kensington. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Haddington, Philadelphia, PA	$1,050	$1,175	$1,275	$1,300
Cobbs Creek, Philadelphia, PA	N/A	$1,000	$1,350	$1,350
Germantown, Philadelphia, PA	$900	$1,256	$1,850	$1,425
Port Richmond, Philadelphia, PA	$1,500	$1,195	$1,450	$1,500
Kingsessing, Philadelphia, PA	$1,038	$1,250	$1,550	$1,500
South Philadelphia West, Philadelphia, PA	$1,038	$1,265	$1,625	$1,625
North Philadelphia East, Philadelphia, PA	$1,295	$1,449	$1,650	$1,650
Roxborough, Philadelphia, PA	$1,350	$1,600	$1,900	$1,650
North Philadelphia West, Philadelphia, PA	$1,228	$1,420	$1,600	$1,695
Point Breeze, Philadelphia, PA	$1,315	$1,385	$1,800	$1,795
Spruce Hill, Philadelphia, PA	$910	$1,060	$1,850	$1,800
Northern Liberties - Fishtown, Philadelphia, PA	$1,329	$1,695	$2,322	$1,813
Washington Square West, Philadelphia, PA	$1,225	$1,815	$2,375	$1,850
East Germantown, Philadelphia, PA	$1,375	$1,840	$1,732	$1,850
Manayunk, Philadelphia, PA	$1,410	$1,560	$1,950	$1,900
Graduate Hospital, Philadelphia, PA	$1,321	$1,695	$2,195	$1,913
West Powelton, Philadelphia, PA	$1,246	$1,640	$1,800	$1,931
Queen Village - Pennsport, Philadelphia, PA	N/A	$1,423	$1,973	$1,950
Avenue of the Arts North, Philadelphia, PA	$750	$1,800	$1,498	$1,950
Bella Vista - Southwark, Philadelphia, PA	$1,145	$1,763	$2,200	$1,998
Center City East, Philadelphia, PA	$1,350	$1,900	$2,838	$2,050
Rittenhouse Square, Philadelphia, PA	$1,572	$2,142	$3,175	$2,100
Center City West, Philadelphia, PA	$1,488	$2,095	$3,495	$2,111
Avenue of the Arts South, Philadelphia, PA	$1,766	$2,116	$3,038	$2,160
Fairmount - Art Museum, Philadelphia, PA	$1,499	$1,828	$2,200	$2,200
Mantua, Philadelphia, PA	N/A	$1,340	$1,598	$2,350
Fitler Square, Philadelphia, PA	$1,710	$2,100	$3,567	$2,395
Logan Square, Philadelphia, PA	$1,653	$2,350	$3,445	$2,477
University City, Philadelphia, PA	$1,343	$2,980	$4,297	$3,011

Top Counties Near Kensington

There are a total of 29 counties located by Kensington, Philadelphia, PA. Some of these counties include Wilmington, DE, Philadelphia, PA, and Lansdale, PA. The average rent for rentals in these counties is $2,279. That's roughly around $2 per sqft. A total of 1 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 $3,000, Glassboro, NJ is the most expensive county by Kensington, Philadelphia, PA.

Typically, rent for studios in Kensington, Philadelphia, PA is 29.20% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Kensington, Philadelphia, PA is 8.93% more affordable than other counties nearby. Finally, rent for two bedrooms in Kensington, Philadelphia, PA is 17.92% more affordable than other counties nearby. We've listed the top 6 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Wilmington, DE	$1,045	$1,600	$1,895	$1,600
Philadelphia, PA	$1,353	$1,685	$1,833	$1,800
Lansdale, PA	$2,358	$2,207	$2,952	$2,207
Lower Merion, PA	$1,733	$1,790	$2,350	$2,350
Upper Merion, PA	$1,663	$2,055	$2,546	$2,371
Glassboro, NJ	N/A	N/A	$1,500	$3,000

Top Zipcodes Near Kensington

There are a total of 26 zipcodes in or near Kensington, Philadelphia, PA. The average rent for all of these zipcodes is $1,795. A total of 12 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 $3,000 per month is 08028, Glassboro, NJ.

Studios in these zipcodes have an average rent of $1,298. 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 Kensington, Philadelphia, PA is $1,595 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,898 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Kensington, Philadelphia, PA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
19134, Philadelphia, PA	$1,500	$1,243	$1,450	$1,500
19133, Philadelphia, PA	N/A	$1,250	$1,543	$1,525
19125, Philadelphia, PA	$1,289	$1,595	$1,895	$1,795
19122, Philadelphia, PA	$1,295	$1,495	$1,750	$1,695
19123, Philadelphia, PA	$1,300	$1,607	$2,200	$1,800
19132, Philadelphia, PA	$750	$1,075	$1,300	$1,435
19106, Philadelphia, PA	$1,675	$1,995	$2,850	$2,200
19121, Philadelphia, PA	$1,230	$1,425	$1,600	$1,750
19107, Philadelphia, PA	$1,200	$1,911	$2,748	$1,995
19129, Philadelphia, PA	$1,500	$1,599	$1,997	$1,688

Frequently Asked Questions - Kensington Average Rents

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

The average monthly rental price for Kensington, Philadelphia, PA apartments for rent is approximately $1,768. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Kensington, 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 Kensington, Philadelphia, PA.

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

The average monthly rental price for studio apartments is $1,167 and an average price per square feet of $2.67. There are a total of 7 studio apartment listings currently available for rent in Kensington.

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

The average monthly rental price for one bedroom apartments is $1,595 and an average price per square feet of $1.94. There are a total of 55 one bedroom apartment listings currently available for rent in Kensington.

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

The average monthly rental price for two bedroom apartments is $1,800 and an average price per square feet of $1.89. There are a total of 76 two bedroom apartment listings currently available for rent in Kensington.

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

Rent prices for rentals in Kensington, Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by 0.23%, one bedroom rental prices have changed by 0.10%, two bedroom rental prices have changed by 0.02%, and three bedroom rental prices have changed by 0.13% year-over-year.

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

A reasonable rent price in Kensington, Philadelphia, PA is around $1,414/month. You can search for these reasonably priced rental listings on RentHop.