Average Rent in Germantown, Philadelphia, PA

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Current Versus Historical Germantown, Philadelphia, PA Rents

Germantown rentals average $985 for a studio rental to $2,575 for a 4-bedroom rental. The median price of all currently available listings is $1,450, 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 $305 (-23.83%) year-over-year from $1,278 to $974. 1-bedroom rentals prices have decreased by $16 (-1.29%) year-over-year from $1,241 to $1,225. 2-bedroom rentals prices have increased by $223 (15.08%) year-over-year from $1,475 to $1,698. 3-bedroom rentals prices have increased by $65 (3.98%) year-over-year from $1,633 to $1,698. 4-bedroom rentals prices have decreased by $283 (-9.91%) year-over-year from $2,858 to $2,575. 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 12.39% this month. 1-bedroom rents have gone down by 4.92% this month. 2-bedroom rents have gone up by 7.50% this month. 3-bedroom rents have gone up by 2.11% this month. 4-bedroom rents have gone down by 18.90% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.25 $974 $1,278 (-23.83%) $821 (18.60%)
1 BR $1.82 $1,225 $1,241 (-1.29%) $1,082 (13.25%)
2 BR $1.68 $1,698 $1,475 (15.08%) $1,440 (17.88%)
4+ BR $1.42 $2,575 $2,858 (-9.91%) $2,125 (21.20%)

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 $1,800 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 $2,190 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 25.63% more affordable than other cities nearby. One bedrooms are about 38.04% more affordable. Two bedrooms in Germantown, Philadelphia, PA are about 5.88% more affordable. Finally, rent for three bedrooms are about inf% 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 $1,495 $1,675 $1,600
Philadelphia, PA $1,238 $1,691 $1,800 $1,800
Phoenixville, PA $1,898 $1,975 $2,390 $2,190

Top Neighborhoods Near Germantown

There are a total of 24 neighborhoods in or near Germantown. Some of these neighborhoods include Cobbs Creek, Kingsessing, and Roxborough. We've included all of these top 24 neighborhoods in or near Germantown, Philadelphia, PA in the following chart.

The average rent for these 24 neighborhoods in or near Germantown, Philadelphia, PA is currently around $1,850 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only twenty-two neighborhoods have a higher average rent than $1,850. Interestingly, the neighborhoods' average rent is higher than Germantown's average rent, which is only $1,450. Out of all the neighborhoods in or near Germantown, Cobbs Creek has the most affordable average rent at $1,351 per month. Whereas, at $2,395 average rent per month, Logan 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 N/A $1,185 $1,300 $1,351
Kingsessing, Philadelphia, PA N/A $1,213 $1,450 $1,413
Roxborough, Philadelphia, PA N/A $1,545 $1,632 $1,585
Port Richmond, Philadelphia, PA $1,500 $1,290 $1,499 $1,600
North Philadelphia West, Philadelphia, PA $850 $1,320 $1,475 $1,650
North Philadelphia East, Philadelphia, PA $1,264 $1,372 $1,700 $1,675
South Philadelphia West, Philadelphia, PA $1,125 $1,195 $1,550 $1,680
Spruce Hill, Philadelphia, PA $1,195 $1,575 $2,000 $1,700
Kensington, Philadelphia, PA $950 $1,545 $1,800 $1,750
East Germantown, Philadelphia, PA $875 $1,825 $1,450 $1,785
Avenue of the Arts South, Philadelphia, PA $1,100 $1,750 $2,915 $1,825
Queen Village - Pennsport, Philadelphia, PA $988 $1,500 $1,895 $1,850
Point Breeze, Philadelphia, PA $1,092 $1,281 $1,750 $1,850
Manayunk, Philadelphia, PA $1,149 $1,495 $1,833 $1,875
Fairmount - Art Museum, Philadelphia, PA $1,395 $1,525 $1,982 $1,917
Rittenhouse Square, Philadelphia, PA $1,463 $1,922 $2,778 $1,932
Center City West, Philadelphia, PA $1,382 $1,973 $3,000 $1,973
Avenue of the Arts North, Philadelphia, PA N/A $1,413 $1,600 $1,975
Bella Vista - Southwark, Philadelphia, PA $1,395 $1,498 $1,895 $1,995
Washington Square West, Philadelphia, PA $1,750 $1,898 $2,495 $2,078
Graduate Hospital, Philadelphia, PA $1,246 $1,450 $2,150 $2,095
Center City East, Philadelphia, PA $1,235 $1,895 $2,655 $2,098
Northern Liberties - Fishtown, Philadelphia, PA $1,500 $1,750 $2,338 $2,150
Logan Square, Philadelphia, PA $1,795 $2,275 $3,745 $2,395

Top Counties Near Germantown

There are a total of 24 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 $2,361. 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 $2,875, Mercer, NJ is the most expensive county by Germantown, Philadelphia, PA.

Typically, rent for studios in Germantown, Philadelphia, PA is 5.08% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Germantown, Philadelphia, PA is 26.63% more affordable than other counties nearby. Finally, rent for two bedrooms in Germantown, Philadelphia, PA is 14.56% 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 $1,238 $1,691 $1,800 $1,800
Delaware, PA $995 $1,400 $1,800 $2,065
Camden, NJ $1,800 $1,500 $1,900 $2,150
Montgomery, PA $1,710 $1,603 $1,995 $2,321
Burlington, NJ $900 $1,500 $2,038 $2,400
Bucks, PA $963 $1,800 $2,250 $2,700
Gloucester, NJ N/A $1,425 $1,745 $2,775
Mercer, NJ $1,075 $1,998 $2,400 $2,875

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 $1,650.

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 $975 $1,325 $1,628 $1,531
19128, Philadelphia, PA $1,325 $1,487 $1,650 $1,600
19131, Philadelphia, PA N/A $1,075 $1,395 $1,485
19104, Philadelphia, PA $1,195 $1,463 $1,735 $1,700
19145, Philadelphia, PA $1,125 $1,195 $1,573 $1,700
19460, Phoenixville, PA $1,898 $1,956 $2,300 $2,190

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 $1,450. 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 $985 and an average price per square feet of $2.25. There are a total of 10 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 $1,225 and an average price per square feet of $1.82. There are a total of 31 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 $1,700 and an average price per square feet of $1.68. There are a total of 18 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 -0.24%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by 0.15%, 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 $1,160/month. You can search for these reasonably priced rental listings on RentHop.
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