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 $1,205 for a studio rental to $2,750 for a 3-bedroom rental. The median price of all currently available listings is $1,895, 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 decreased by $16 (-1.24%) year-over-year from $1,276 to $1,260. 1-bedroom rentals prices have increased by $222 (13.61%) year-over-year from $1,628 to $1,850. 2-bedroom rentals prices have increased by $163 (7.56%) year-over-year from $2,162 to $2,325. 3-bedroom rentals prices have decreased by $109 (-3.51%) year-over-year from $3,109 to $3,000. 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 down by 1.88% this month. 1-bedroom rents have gone up by 7.34% this month. 2-bedroom rents have gone down by 1.83% this month. 3-bedroom rents have gone down by 8.40% 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	$2.82	$1,260	$1,276 (-1.24%)	$1,271 (-0.85%)
1 BR	$2.78	$1,850	$1,628 (13.61%)	$1,408 (31.36%)
2 BR	$2.46	$2,325	$2,162 (7.56%)	$1,885 (23.34%)
3 BR	$2.25	$3,000	$3,109 (-3.51%)	$2,768 (8.40%)

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 $2,250 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 $2,975 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 12.45% more affordable than other cities nearby. One bedrooms are about 11.61% more expensive. Two bedrooms in Washington Square West, Philadelphia, PA are about 13.86% more expensive. Finally, rent for three bedrooms are about 13.64% 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	$1,545	$1,895	$1,600
Philadelphia, PA	$1,355	$1,675	$1,800	$1,800
Lansdale, PA	$2,055	$2,438	$2,746	$2,250
King of Prussia, PA	N/A	$2,097	$2,629	$2,364
Glassboro, NJ	N/A	N/A	$1,500	$2,975

Top Neighborhoods Near Washington Square West

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

The average rent for these 29 neighborhoods in or near Washington Square West, Philadelphia, PA is currently around $1,900 per month. A total of 14 neighborhoods have a lower average rent. Meaning, only fifteen neighborhoods have a higher average rent than $1,900. Interestingly, the neighborhoods' average rent is higher than Washington Square West's average rent, which is only $1,895. Out of all the neighborhoods in or near Washington Square West, Haddington has the most affordable average rent at $1,285 per month. Whereas, at $3,001 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	$1,077	$1,200	$1,275	$1,285
Cobbs Creek, Philadelphia, PA	N/A	$1,075	$1,350	$1,350
Kingsessing, Philadelphia, PA	$1,038	$1,250	$1,500	$1,400
Germantown, Philadelphia, PA	$1,028	$1,332	$1,830	$1,417
Port Richmond, Philadelphia, PA	$1,500	$1,195	$1,490	$1,500
South Philadelphia West, Philadelphia, PA	$1,038	$1,325	$1,600	$1,550
North Philadelphia West, Philadelphia, PA	$1,225	$1,421	$1,600	$1,650
Roxborough, Philadelphia, PA	$1,325	$1,625	$1,933	$1,663
North Philadelphia East, Philadelphia, PA	$1,300	$1,408	$1,663	$1,663
Kensington, Philadelphia, PA	$1,134	$1,550	$1,798	$1,750
East Germantown, Philadelphia, PA	$1,375	$1,475	$1,698	$1,764
Point Breeze, Philadelphia, PA	$1,307	$1,425	$1,798	$1,795
Spruce Hill, Philadelphia, PA	$925	$1,185	$1,850	$1,798
Avenue of the Arts North, Philadelphia, PA	$750	$1,700	$1,600	$1,850
Northern Liberties - Fishtown, Philadelphia, PA	$1,384	$1,726	$2,353	$1,900
Manayunk, Philadelphia, PA	$1,420	$1,525	$2,045	$1,925
West Powelton, Philadelphia, PA	$1,321	$1,653	$1,705	$1,931
Bella Vista - Southwark, Philadelphia, PA	$1,095	$1,575	$2,098	$1,995
Queen Village - Pennsport, Philadelphia, PA	N/A	$1,413	$1,950	$2,030
Center City East, Philadelphia, PA	$1,343	$1,900	$2,795	$2,050
Fairmount - Art Museum, Philadelphia, PA	$1,502	$1,750	$2,200	$2,100
Center City West, Philadelphia, PA	$1,465	$2,065	$3,253	$2,105
Rittenhouse Square, Philadelphia, PA	$1,570	$2,144	$3,358	$2,106
Avenue of the Arts South, Philadelphia, PA	$1,700	$2,057	$2,995	$2,128
Graduate Hospital, Philadelphia, PA	$1,342	$1,693	$2,495	$2,183
Logan Square, Philadelphia, PA	$1,724	$2,260	$3,600	$2,370
Fitler Square, Philadelphia, PA	$1,725	$2,150	$3,495	$2,375
Mantua, Philadelphia, PA	N/A	$1,300	$1,750	$2,400
University City, Philadelphia, PA	$1,343	$2,946	$4,269	$3,001

Top Counties Near Washington Square West

There are a total of 29 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 $2,235. 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 $2,975, Glassboro, NJ is the most expensive county by Washington Square West, Philadelphia, PA.

Typically, rent for studios in Washington Square West, Philadelphia, PA is 20.44% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Washington Square West, Philadelphia, PA is 10.22% more expensive than other counties nearby. Finally, rent for two bedrooms in Washington Square West, Philadelphia, PA is 3.18% 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	$1,545	$1,895	$1,600
Philadelphia, PA	$1,355	$1,675	$1,800	$1,800
Lower Merion, PA	$1,776	$1,728	$2,365	$2,219
Lansdale, PA	$2,055	$2,438	$2,746	$2,250
Upper Merion, PA	N/A	$2,097	$2,609	$2,361
Glassboro, NJ	N/A	N/A	$1,500	$2,975

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 $1,775. A total of 15 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 $1,275 per month. In comparison, the zipcode with the most expensive average rent of $2,975 per month is 08028, Glassboro, NJ.

Studios in these zipcodes have an average rent of $1,264. 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 $1,525 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,893 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	$1,200	$1,927	$2,700	$1,995
19102, Philadelphia, PA	$1,567	$2,150	$3,270	$2,185
19106, Philadelphia, PA	$1,650	$2,003	$2,795	$2,195
19103, Philadelphia, PA	$1,608	$2,150	$3,539	$2,200
19147, Philadelphia, PA	$1,225	$1,800	$2,250	$2,000
19123, Philadelphia, PA	$1,300	$1,615	$2,250	$1,943
19146, Philadelphia, PA	$1,342	$1,550	$1,998	$1,800
19130, Philadelphia, PA	$1,462	$1,750	$2,198	$2,050
19122, Philadelphia, PA	$1,345	$1,485	$1,750	$1,695
19148, Philadelphia, PA	$1,095	$1,375	$1,600	$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 $1,895. 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 $1,205 and an average price per square feet of $2.82. There are a total of 19 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 $1,895 and an average price per square feet of $2.78. There are a total of 61 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 $2,200 and an average price per square feet of $2.46. There are a total of 29 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 -0.01%, one bedroom rental prices have changed by 0.14%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by -0.04% 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 $1,516/month. You can search for these reasonably priced rental listings on RentHop.