Average Rent in Germantown, Philadelphia, PA

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Current Versus Historical Germantown, Philadelphia, PA Rents

Germantown rentals average $952 for a studio rental to $2,950 for a 4-bedroom rental. The median price of all currently available listings is $1,378, or roughly $2 per square feet.
For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $378 (-29.58%) year-over-year from $1,278 to $900. 1-bedroom rentals prices have decreased by $54 (-4.31%) year-over-year from $1,241 to $1,188. 2-bedroom rentals prices have increased by $170 (11.53%) year-over-year from $1,475 to $1,645. 3-bedroom rentals prices have increased by $65 (3.98%) year-over-year from $1,633 to $1,698. 4-bedroom rentals prices have increased by $92 (3.21%) year-over-year from $2,858 to $2,950. 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 17.18% this month. 1-bedroom rents have gone down by 6.92% this month. 2-bedroom rents have gone up by 5.35% this month. 3-bedroom rents have gone up by 2.11% this month. 4-bedroom rents have gone down by 10.61% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.25 $900 $1,278 (-29.58%) $821 (9.64%)
1 BR $1.90 $1,188 $1,241 (-4.31%) $1,082 (9.78%)
2 BR $1.66 $1,645 $1,475 (11.53%) $1,440 (14.24%)
3 BR $1.40 $1,698 $1,633 (3.98%) $1,667 (1.85%)
4+ BR $1.43 $2,950 $2,858 (3.21%) $2,125 (38.85%)

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 $1,795 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 Germantown, Philadelphia, PA is Phoenixville, PA. Monthly rents here are on average $2,127 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 31.30% more affordable than other cities nearby. One bedrooms are about 39.58% more affordable. Two bedrooms in Germantown, Philadelphia, PA are about 12.54% more affordable. Finally, rent for three bedrooms are about 17.82% 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
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 Germantown

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

The average rent for these 26 neighborhoods in or near Germantown, Philadelphia, PA is currently around $1,838 per month. A total of one neighborhood has a lower average rent. Meaning, only twenty-five neighborhoods have a higher average rent than $1,838. Interestingly, the neighborhoods' average rent is higher than Germantown's average rent, which is only $1,378. Out of all the neighborhoods in or near Germantown, 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 Germantown. 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
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
North Philadelphia West, Philadelphia, PA $1,100 $1,200 $1,500 $1,650
Avenue of the Arts North, Philadelphia, PA N/A $1,375 $1,550 $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
Fairmount - Art Museum, Philadelphia, PA $1,400 $1,550 $2,000 $1,980
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 Germantown

There are a total of 26 counties located by Germantown, 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. 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 Germantown, Philadelphia, PA.

Typically, rent for studios in Germantown, Philadelphia, PA is 31.30% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Germantown, Philadelphia, PA is 34.38% more affordable than other counties nearby. Finally, rent for two bedrooms in Germantown, Philadelphia, PA is 25.28% 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 $1,250 $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
Bucks, PA $963 $1,800 $2,350 $2,700
Gloucester, NJ $1,300 $1,545 $1,713 $2,700
Mercer, NJ $1,250 $2,000 $2,500 $2,900

Top Zipcodes Near Germantown

There are a total of 6 zipcodes in or near Germantown, Philadelphia, PA. The average rent for all of these zipcodes is $1,638.

The following chart includes the top 6 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 $926 $1,377 $1,500 $1,495
19128, Philadelphia, PA $1,363 $1,500 $1,707 $1,625
19131, Philadelphia, PA $1,000 $1,085 $1,443 $1,450
19104, Philadelphia, PA $1,200 $1,475 $1,800 $1,715
19145, Philadelphia, PA $1,125 $1,195 $1,550 $1,650
19460, Phoenixville, PA $1,898 $1,829 $2,300 $2,100

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 $1,378. 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 $952 and an average price per square feet of $2.25. 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 $1,200 and an average price per square feet of $1.90. There are a total of 33 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 $1,595 and an average price per square feet of $1.66. There are a total of 15 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 -0.30%, one bedroom rental prices have changed by -0.04%, two bedroom rental prices have changed by 0.12%, and three bedroom rental prices have changed by 0.04% year-over-year.
What is a reasonable rent price in Germantown, Philadelphia, PA?
A reasonable rent price in Germantown, Philadelphia, PA is around $1,102/month. You can search for these reasonably priced rental listings on RentHop.
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