Average Rent in Kensington, Philadelphia, PA

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Current Versus Historical Kensington, Philadelphia, PA Rents

Kensington rentals average $1,092 for a studio rental to $1,600 for a 4-bedroom rental. The median price of all currently available listings is $1,725, or roughly $2 per square feet.
For the apartment units and housing in January 2025, median rents have risen over the last year. Studio rentals prices have decreased by $201 (-16.71%) year-over-year from $1,201 to $1,000. 1-bedroom rentals prices have increased by $109 (8.14%) year-over-year from $1,339 to $1,448. 2-bedroom rentals prices have decreased by $148 (-8.03%) year-over-year from $1,848 to $1,700. 3-bedroom rentals prices have increased by $121 (5.71%) year-over-year from $2,117 to $2,238. 4-bedroom rentals prices have decreased by $1,125 (-38.46%) year-over-year from $2,925 to $1,800. 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 0.86% this month. 1-bedroom rents have gone up by 4.45% this month. 2-bedroom rents have gone up by 3.03% this month. 3-bedroom rents have gone up by 8.97% this month. 4-bedroom rents have gone down by 19.70% this month.
Beds
Price / Sqft
Jan 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.95 $1,000 $1,201 (-16.71%) $1,161 (-13.85%)
1 BR $2.05 $1,448 $1,339 (8.14%) $753 (92.15%)
2 BR $1.88 $1,700 $1,848 (-8.03%) $1,649 (3.08%)
3 BR $1.54 $2,238 $2,117 (5.71%) $1,696 (31.94%)
4+ BR $1.59 $1,800 $2,925 (-38.46%) $3,800 (-52.63%)

Historical Rents in Kensington, Philadelphia, PA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Kensington

There are a total of 1 cities nearby Kensington. The average rent in Kensington is currently $1,845 per month. Our records show that Philadelphia, PA, with an average rent of $1,845, is the most affordable city nearby. In contrast, the most expensive city near Kensington, Philadelphia, PA is Philadelphia, PA. Monthly rents here are on average $1,845 per month.

Let's compare Kensington, Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Kensington, Philadelphia, PA is 14.52% more affordable than other cities nearby. One bedrooms are about 1.16% more affordable. Two bedrooms in Kensington, Philadelphia, PA are about 0.41% more affordable. Finally, rent for three bedrooms are about 14.82% more affordable. Want more information? Check out the top 1 cities near Kensington, Philadelphia, PA in the following chart.
City Studio 1 Bed 2 Bed All
Philadelphia, PA $1,250 $1,745 $1,825 $1,845

Top Neighborhoods Near Kensington

There are a total of 12 neighborhoods in or near Kensington. Some of these neighborhoods include North Philadelphia East, Avenue of the Arts South, and North Philadelphia West. We've included all of these top 12 neighborhoods in or near Kensington, Philadelphia, PA in the following chart.

The average rent for these 12 neighborhoods in or near Kensington, Philadelphia, PA is currently around $2,075 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only ten neighborhoods have a higher average rent than $2,075. Interestingly, the neighborhoods' average rent is higher than Kensington's average rent, which is only $1,725. Out of all the neighborhoods in or near Kensington, North Philadelphia East has the most affordable average rent at $1,600 per month. Whereas, at $2,470 average rent per month, Logan Square is the most expensive neighborhood in or near Kensington. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North Philadelphia East, Philadelphia, PA $1,100 $1,335 $1,700 $1,600
Avenue of the Arts South, Philadelphia, PA $1,125 $1,665 $2,373 $1,723
North Philadelphia West, Philadelphia, PA $1,000 $1,300 $1,500 $1,800
Point Breeze, Philadelphia, PA $992 $1,114 $1,670 $1,900
Center City East, Philadelphia, PA $1,115 $1,800 $2,898 $2,030
Bella Vista - Southwark, Philadelphia, PA $1,798 $1,495 $1,850 $2,050
Fairmount - Art Museum, Philadelphia, PA $1,500 $1,575 $2,100 $2,100
Center City West, Philadelphia, PA $1,474 $2,158 $3,280 $2,165
Northern Liberties - Fishtown, Philadelphia, PA $1,512 $1,675 $2,375 $2,200
Rittenhouse Square, Philadelphia, PA $1,438 $1,979 $2,835 $2,235
Washington Square West, Philadelphia, PA $1,785 $2,435 $4,059 $2,420
Logan Square, Philadelphia, PA $1,898 $2,265 $3,780 $2,470

Top Counties Near Kensington

There are a total of 12 counties located by Kensington, Philadelphia, PA. Some of these counties include Philadelphia, PA, Camden, NJ, and Montgomery, PA. The average rent for rentals in these counties is $2,378. That's roughly around $2 per sqft. The county that is the most affordable is Philadelphia, PA. It's average rent per month is $1,845. Vice versa, with an average rent of $3,000, Mercer, NJ is the most expensive county by Kensington, Philadelphia, PA.

In comparison, rent for one bedroom listings in Kensington, Philadelphia, PA is 8.99% more expensive than other counties nearby. Finally, rent for two bedrooms in Kensington, Philadelphia, PA is 7.48% 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 $1,745 $1,825 $1,845
Camden, NJ N/A $1,540 $1,857 $2,060
Montgomery, PA $1,888 $1,900 $2,077 $2,300
Delaware, PA $873 $1,200 $1,675 $2,350
Burlington, NJ N/A $1,485 $2,050 $2,405
Bucks, PA N/A $1,400 $2,300 $2,738
Gloucester, NJ N/A $1,600 $1,763 $2,850
Mercer, NJ N/A $2,000 $2,300 $3,000

Top Zipcodes Near Kensington

There is one zipcode in or near Kensington, Philadelphia, PA. The average rent for this zipcode is $1,950.

The following chart includes the zipcode in or near Kensington, 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 $1,195 $2,223 $1,800 $1,950

Frequently Asked Questions - Kensington Average Rents

What is the average rent price in Kensington, Philadelphia, PA?
The average monthly rental price for Kensington, Philadelphia, PA apartments for rent is approximately $1,725. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Kensington, 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 Kensington, Philadelphia, PA.
How much is a studio apartment in Kensington, Philadelphia, PA?
The average monthly rental price for studio apartments is $1,092 and an average price per square feet of $2.95. There are a total of 2 studio apartment listings currently available for rent in Kensington.
How much is a one bedroom apartment in Kensington, Philadelphia, PA?
The average monthly rental price for one bedroom apartments is $1,725 and an average price per square feet of $2.05. There are a total of 16 one bedroom apartment listings currently available for rent in Kensington.
How much is a two bedroom apartment in Kensington, Philadelphia, PA?
The average monthly rental price for two bedroom apartments is $1,818 and an average price per square feet of $1.88. There are a total of 32 two bedroom apartment listings currently available for rent in Kensington.
How have rent prices in Kensington, Philadelphia, PA changed this year?
Rent prices for rentals in Kensington, Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by -0.17%, one bedroom rental prices have changed by 0.08%, two bedroom rental prices have changed by -0.08%, and three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in Kensington, Philadelphia, PA?
A reasonable rent price in Kensington, Philadelphia, PA is around $1,380/month. You can search for these reasonably priced rental listings on RentHop.
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