Average Rent in Fairmount - Art Museum, Philadelphia, PA

Current Versus Historical Fairmount - Art Museum, Philadelphia, PA Rents

Fairmount - Art Museum rentals average $1,400 for a studio rental to $3,048 for a 4-bedroom rental. The median price of all currently available listings is $1,980, or roughly $2 per square feet.
For the apartment units and housing in November 2024, median rents have risen over the last year. Studio rentals prices have decreased by $251 (-15.20%) year-over-year from $1,651 to $1,400. 1-bedroom rentals prices have increased by $88 (5.66%) year-over-year from $1,557 to $1,645. 2-bedroom rentals prices have decreased by $143 (-6.69%) year-over-year from $2,143 to $2,000. 3-bedroom rentals prices have decreased by $422 (-13.74%) year-over-year from $3,072 to $2,650. 4-bedroom rentals prices have increased by $483 (14.15%) year-over-year from $3,417 to $3,900. 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 17.06% this month. 1-bedroom rents have gone up by 1.44% this month. 2-bedroom rents have gone down by 7.69% this month. 3-bedroom rents have gone down by 3.90% this month. 4-bedroom rents have gone up by 12.55% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.92 $1,400 $1,651 (-15.20%) $1,393 (0.53%)
1 BR $2.32 $1,645 $1,557 (5.66%) $1,330 (23.68%)
2 BR $2.00 $2,000 $2,143 (-6.69%) $1,828 (9.39%)
3 BR $1.82 $2,650 $3,072 (-13.74%) $2,233 (18.66%)
4+ BR $2.15 $3,900 $3,417 (14.15%) $2,741 (42.27%)

Historical Rents in Fairmount - Art Museum, Philadelphia, PA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Fairmount - Art Museum

There are a total of 3 cities nearby Fairmount - Art Museum. The average rent in Fairmount - Art Museum is currently $1,795 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 Fairmount - Art Museum, Philadelphia, PA is Phoenixville, PA. Monthly rents here are on average $2,127 per month.

Let's compare Fairmount - Art Museum, Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Fairmount - Art Museum, Philadelphia, PA is 10.71% more expensive than other cities nearby. One bedrooms are about 8.06% more affordable. Two bedrooms in Fairmount - Art Museum, Philadelphia, PA are about 10.25% more expensive. Finally, rent for three bedrooms are about 24.10% more expensive. Want more information? Check out the top 3 cities near Fairmount - Art Museum, Philadelphia, PA in the following chart.
City Studio 1 Bed 2 Bed All
Wilmington, DE N/A $1,400 $1,600 $1,600
Philadelphia, PA $1,250 $1,675 $1,795 $1,795
Phoenixville, PA $1,898 $1,832 $2,450 $2,127

Top Neighborhoods Near Fairmount - Art Museum

There are a total of 26 neighborhoods in or near Fairmount - Art Museum. Some of these neighborhoods include Cobbs Creek, Germantown, and Kingsessing. We've included all of these top 26 neighborhoods in or near Fairmount - Art Museum, Philadelphia, PA in the following chart.

The average rent for these 26 neighborhoods in or near Fairmount - Art Museum, Philadelphia, PA is currently around $1,788 per month. A total of 20 neighborhoods have a lower average rent. Meaning, only six neighborhoods have a higher average rent than $1,788. Out of all the neighborhoods in or near Fairmount - Art Museum, Cobbs Creek has the most affordable average rent at $1,350 per month. Whereas, at $2,241 average rent per month, Fitler Square is the most expensive neighborhood in or near Fairmount - Art Museum. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Cobbs Creek, Philadelphia, PA $1,138 $1,193 $1,300 $1,350
Germantown, Philadelphia, PA $952 $1,200 $1,595 $1,378
Kingsessing, Philadelphia, PA $975 $1,225 $1,450 $1,450
West Powelton, Philadelphia, PA $925 $1,265 $1,721 $1,500
Port Richmond, Philadelphia, PA $1,500 $1,245 $1,450 $1,595
South Philadelphia West, Philadelphia, PA $1,125 $1,223 $1,500 $1,600
Roxborough, Philadelphia, PA N/A $1,550 $1,644 $1,600
Avenue of the Arts North, Philadelphia, PA N/A $1,375 $1,550 $1,650
North Philadelphia West, Philadelphia, PA $1,100 $1,200 $1,500 $1,650
North Philadelphia East, Philadelphia, PA $1,103 $1,359 $1,688 $1,688
East Germantown, Philadelphia, PA $895 $1,845 $1,450 $1,700
Spruce Hill, Philadelphia, PA $1,345 $1,715 $2,000 $1,715
Kensington, Philadelphia, PA $975 $1,600 $1,800 $1,750
Avenue of the Arts South, Philadelphia, PA $1,055 $1,740 $2,850 $1,825
Queen Village - Pennsport, Philadelphia, PA N/A $1,650 $1,900 $1,850
Manayunk, Philadelphia, PA $1,248 $1,475 $1,875 $1,875
Point Breeze, Philadelphia, PA $1,080 $1,300 $1,725 $1,900
Rittenhouse Square, Philadelphia, PA $1,398 $1,922 $2,781 $1,930
Center City West, Philadelphia, PA $1,435 $1,950 $3,000 $1,945
Bella Vista - Southwark, Philadelphia, PA $1,150 $1,350 $1,895 $1,970
Washington Square West, Philadelphia, PA $1,750 $1,938 $2,523 $2,078
Center City East, Philadelphia, PA $1,250 $1,860 $2,725 $2,095
Northern Liberties - Fishtown, Philadelphia, PA $1,400 $1,700 $2,273 $2,100
Graduate Hospital, Philadelphia, PA $1,242 $1,450 $2,150 $2,148
Logan Square, Philadelphia, PA $1,796 $2,115 $3,295 $2,175
Fitler Square, Philadelphia, PA $1,685 $2,219 $2,245 $2,241

Top Counties Near Fairmount - Art Museum

There are a total of 26 counties located by Fairmount - Art Museum, Philadelphia, PA. Some of these counties include Philadelphia, PA, Delaware, PA, and Camden, NJ. The average rent for rentals in these counties is $2,350. 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 Philadelphia, PA. It's average rent per month is $1,795. Vice versa, with an average rent of $2,900, Mercer, NJ is the most expensive county by Fairmount - Art Museum, Philadelphia, PA.

Typically, rent for studios in Fairmount - Art Museum, Philadelphia, PA is 10.71% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Fairmount - Art Museum, Philadelphia, PA is 4.03% more affordable than other counties nearby. Finally, rent for two bedrooms in Fairmount - Art Museum, Philadelphia, PA is 0.09% more expensive than other counties nearby. We've listed the top 8 counties in the chart below.
County Studio 1 Bed 2 Bed All
Philadelphia, PA $1,250 $1,675 $1,795 $1,795
Delaware, PA $700 $1,350 $1,700 $2,025
Camden, NJ $1,800 $1,500 $1,975 $2,100
Montgomery, PA $1,703 $1,625 $2,022 $2,300
Burlington, NJ $950 $1,600 $2,075 $2,400
Gloucester, NJ $1,300 $1,545 $1,713 $2,700
Bucks, PA $963 $1,800 $2,350 $2,700
Mercer, NJ $1,250 $2,000 $2,500 $2,900

Top Zipcodes Near Fairmount - Art Museum

There are a total of 6 zipcodes in or near Fairmount - Art Museum, Philadelphia, PA. The average rent for all of these zipcodes is $1,638. A total of 5 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 19131, Philadelphia, PA at $1,450 per month. In comparison, the zipcode with the most expensive average rent of $2,100 per month is 19460, Phoenixville, PA.

Studios in these zipcodes have an average rent of $1,163. 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 Fairmount - Art Museum, Philadelphia, PA is $1,426 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,629 per month. Which comes out to $2 per sqft. The following chart includes the top 6 zipcodes in Fairmount - Art Museum, 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 $1,200 $1,475 $1,800 $1,715
19131, Philadelphia, PA $1,000 $1,085 $1,443 $1,450
19145, Philadelphia, PA $1,125 $1,195 $1,550 $1,650
19144, Philadelphia, PA $926 $1,377 $1,500 $1,495
19128, Philadelphia, PA $1,363 $1,500 $1,707 $1,625
19460, Phoenixville, PA $1,898 $1,829 $2,300 $2,100

Frequently Asked Questions - Fairmount - Art Museum Average Rents

What is the average rent price in Fairmount - Art Museum, Philadelphia, PA?
The average monthly rental price for Fairmount - Art Museum, Philadelphia, PA apartments for rent is approximately $1,980. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Fairmount - Art Museum, 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 Fairmount - Art Museum, Philadelphia, PA.
How much is a studio apartment in Fairmount - Art Museum, Philadelphia, PA?
The average monthly rental price for studio apartments is $1,400 and an average price per square feet of $2.92. There are a total of 17 studio apartment listings currently available for rent in Fairmount - Art Museum.
How much is a one bedroom apartment in Fairmount - Art Museum, Philadelphia, PA?
The average monthly rental price for one bedroom apartments is $1,550 and an average price per square feet of $2.32. There are a total of 41 one bedroom apartment listings currently available for rent in Fairmount - Art Museum.
How much is a two bedroom apartment in Fairmount - Art Museum, Philadelphia, PA?
The average monthly rental price for two bedroom apartments is $2,000 and an average price per square feet of $2.00. There are a total of 91 two bedroom apartment listings currently available for rent in Fairmount - Art Museum.
How have rent prices in Fairmount - Art Museum, Philadelphia, PA changed this year?
Rent prices for rentals in Fairmount - Art Museum, Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by -0.15%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by -0.07%, and three bedroom rental prices have changed by -0.14% year-over-year.
What is a reasonable rent price in Fairmount - Art Museum, Philadelphia, PA?
A reasonable rent price in Fairmount - Art Museum, Philadelphia, PA is around $1,584/month. You can search for these reasonably priced rental listings on RentHop.
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