Average Rent in Walnut Hill, Philadelphia, PA

Current Versus Historical Walnut Hill, Philadelphia, PA Rents

Walnut Hill rentals average $1,100 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $1,450, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $300 (-26.09%) year-over-year from $1,150 to $850. 1-bedroom rentals prices have decreased by $149 (-10.10%) year-over-year from $1,475 to $1,326. 2-bedroom rentals prices have decreased by $213 (-12.71%) year-over-year from $1,678 to $1,465. 3-bedroom rentals prices have increased by $137 (8.47%) year-over-year from $1,613 to $1,750. 4-bedroom rentals prices have decreased by $217 (-7.56%) year-over-year from $2,867 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 up by 3.03% this month. 1-bedroom rents have gone down by 2.21% this month. 2-bedroom rents have gone down by 5.65% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone up by 18.66% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.30	$850	$1,150 (-26.09%)	$733 (15.97%)
1 BR	$2.90	$1,326	$1,475 (-10.10%)	$1,073 (23.54%)
2 BR	$1.60	$1,465	$1,678 (-12.71%)	$1,350 (8.52%)

Historical Rents in Walnut Hill, Philadelphia, PA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Walnut Hill

There are a total of 5 cities nearby Walnut Hill. The average rent in Walnut Hill is currently $2,350 per month. 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 Walnut Hill, Philadelphia, PA is Glassboro, NJ. Monthly rents here are on average $3,000 per month.

Let's compare Walnut Hill, Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Walnut Hill, Philadelphia, PA is 24.77% more affordable than other cities nearby. One bedrooms are about 18.95% more affordable. Two bedrooms in Walnut Hill, Philadelphia, PA are about 8.85% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 5 cities near Walnut Hill, Philadelphia, PA in the following chart.

City	Studio	1 Bed	2 Bed	All
Wilmington, DE	$1,045	$1,573	$1,845	$1,600
Philadelphia, PA	$1,373	$1,695	$1,833	$1,800
King of Prussia, PA	$1,675	$2,052	$2,583	$2,350
Lansdale, PA	$2,411	$2,558	$2,939	$2,558
Glassboro, NJ	N/A	N/A	$1,600	$3,000

Top Neighborhoods Near Walnut Hill

There are a total of 30 neighborhoods in or near Walnut Hill. Some of these neighborhoods include Haddington, Cobbs Creek, and Germantown. We've included all of these top 30 neighborhoods in or near Walnut Hill, Philadelphia, PA in the following chart.

The average rent for these 30 neighborhoods in or near Walnut Hill, Philadelphia, PA is currently around $1,875 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only twenty-seven neighborhoods have a higher average rent than $1,875. Interestingly, the neighborhoods' average rent is higher than Walnut Hill's average rent, which is only $1,450. Out of all the neighborhoods in or near Walnut Hill, 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 Walnut Hill. 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	$1,325	$1,325
Germantown, Philadelphia, PA	$900	$1,256	$1,850	$1,425
Kingsessing, Philadelphia, PA	$1,100	$1,250	$1,550	$1,475
Port Richmond, Philadelphia, PA	$1,500	$1,195	$1,450	$1,500
South Philadelphia West, Philadelphia, PA	$1,038	$1,270	$1,600	$1,600
Roxborough, Philadelphia, PA	$1,350	$1,600	$1,900	$1,650
North Philadelphia East, Philadelphia, PA	$1,295	$1,425	$1,657	$1,650
North Philadelphia West, Philadelphia, PA	$1,228	$1,420	$1,600	$1,695
Kensington, Philadelphia, PA	$1,167	$1,575	$1,800	$1,768
Point Breeze, Philadelphia, PA	$1,315	$1,395	$1,800	$1,795
Spruce Hill, Philadelphia, PA	$895	$1,030	$1,800	$1,800
Northern Liberties - Fishtown, Philadelphia, PA	$1,329	$1,698	$2,300	$1,812
Washington Square West, Philadelphia, PA	$1,245	$1,805	$2,340	$1,850
East Germantown, Philadelphia, PA	$1,375	$1,840	$1,700	$1,850
Manayunk, Philadelphia, PA	$1,410	$1,560	$1,950	$1,900
Avenue of the Arts North, Philadelphia, PA	$750	$1,800	$1,495	$1,900
West Powelton, Philadelphia, PA	$1,246	$1,535	$1,800	$1,900
Graduate Hospital, Philadelphia, PA	$1,246	$1,695	$2,195	$1,913
Queen Village - Pennsport, Philadelphia, PA	N/A	$1,450	$1,973	$1,995
Bella Vista - Southwark, Philadelphia, PA	$1,145	$1,738	$2,175	$2,000
Center City East, Philadelphia, PA	$1,345	$1,900	$2,800	$2,025
Rittenhouse Square, Philadelphia, PA	$1,577	$2,142	$3,163	$2,100
Center City West, Philadelphia, PA	$1,488	$2,098	$3,448	$2,115
Avenue of the Arts South, Philadelphia, PA	$1,766	$2,100	$3,023	$2,160
Fairmount - Art Museum, Philadelphia, PA	$1,494	$1,760	$2,200	$2,200
Fitler Square, Philadelphia, PA	$1,710	$2,100	$3,567	$2,218
Mantua, Philadelphia, PA	N/A	$1,320	$1,598	$2,300
Logan Square, Philadelphia, PA	$1,653	$2,350	$3,424	$2,486
University City, Philadelphia, PA	$1,365	$2,987	$4,295	$3,011

Top Counties Near Walnut Hill

There are a total of 30 counties located by Walnut Hill, Philadelphia, PA. Some of these counties include Philadelphia, PA, Delaware, PA, and Camden, NJ. The average rent for rentals in these counties is $2,431. That's roughly around $2 per sqft. The county that is the most affordable is Philadelphia, PA. It's average rent per month is $1,800. Vice versa, with an average rent of $2,800, Gloucester, NJ is the most expensive county by Walnut Hill, Philadelphia, PA.

Typically, rent for studios in Walnut Hill, Philadelphia, PA is 4.55% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Walnut Hill, Philadelphia, PA is 15.61% more affordable than other counties nearby. Finally, rent for two bedrooms in Walnut Hill, Philadelphia, PA is 17.26% more affordable than other counties nearby. We've listed the top 8 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Philadelphia, PA	$1,373	$1,695	$1,833	$1,800
Delaware, PA	$1,150	$1,325	$1,675	$1,850
Camden, NJ	$1,371	$1,600	$1,875	$1,975
Montgomery, PA	$2,000	$1,961	$2,200	$2,411
Burlington, NJ	N/A	$1,500	$2,100	$2,450
Bucks, PA	$1,150	$1,750	$2,375	$2,500
Gloucester, NJ	N/A	$1,400	$1,748	$2,800
Mercer, NJ	N/A	$1,825	$2,400	$2,800

Top Zipcodes Near Walnut Hill

There are a total of 27 zipcodes in or near Walnut Hill, Philadelphia, PA. The average rent for all of these zipcodes is $1,795. A total of 3 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 $1,348 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 Walnut Hill, Philadelphia, PA is $1,595 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,895 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Walnut Hill, Philadelphia, PA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
19104, Philadelphia, PA	$1,303	$2,590	$1,900	$2,190
19139, Philadelphia, PA	$1,100	$1,250	$1,345	$1,348
19143, Philadelphia, PA	$1,100	$1,195	$1,500	$1,400
19146, Philadelphia, PA	$1,350	$1,537	$1,895	$1,795
19131, Philadelphia, PA	N/A	$1,200	$1,373	$1,600
19130, Philadelphia, PA	$1,489	$1,800	$2,200	$2,193
19103, Philadelphia, PA	$1,598	$2,160	$3,450	$2,195
19121, Philadelphia, PA	$1,230	$1,425	$1,600	$1,750
19102, Philadelphia, PA	$1,498	$2,147	$3,180	$2,185
19145, Philadelphia, PA	$1,095	$1,265	$1,633	$1,650

Frequently Asked Questions - Walnut Hill Average Rents

What is the average rent price in Walnut Hill, Philadelphia, PA?

The average monthly rental price for Walnut Hill, 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 Walnut Hill, 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 Walnut Hill, Philadelphia, PA.

How much is a studio apartment in Walnut Hill, Philadelphia, PA?

The average monthly rental price for studio apartments is $1,100 and an average price per square feet of $3.30. There are a total of 7 studio apartment listings currently available for rent in Walnut Hill.

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

The average monthly rental price for one bedroom apartments is $1,425 and an average price per square feet of $2.90. There are a total of 10 one bedroom apartment listings currently available for rent in Walnut Hill.

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

The average monthly rental price for two bedroom apartments is $1,695 and an average price per square feet of $1.60. There are a total of 13 two bedroom apartment listings currently available for rent in Walnut Hill.

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

Rent prices for rentals in Walnut Hill, Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by -0.26%, one bedroom rental prices have changed by -0.10%, two bedroom rental prices have changed by -0.13%, and three bedroom rental prices have changed by 0.08% year-over-year.

What is a reasonable rent price in Walnut Hill, Philadelphia, PA?

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