Average Rent in Kensington, Philadelphia, PA

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Current Versus Historical Kensington, Philadelphia, PA Rents

Kensington rentals average $1,037 for a studio rental to $1,600 for a 4-bedroom rental. The median price of all currently available listings is $1,734, or roughly $2 per square feet.

For the apartment units and housing in December 2024, median rents have risen over the last year. Studio rentals prices have decreased by $265 (-21.81%) year-over-year from $1,215 to $950. 1-bedroom rentals prices have increased by $94 (7.18%) year-over-year from $1,313 to $1,408. 2-bedroom rentals prices have decreased by $113 (-6.18%) year-over-year from $1,831 to $1,718. 3-bedroom rentals prices have increased by $104 (5.23%) year-over-year from $1,996 to $2,100. 4-bedroom rentals prices have decreased by $691 (-28.90%) year-over-year from $2,391 to $1,700. 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 6.76% this month. 1-bedroom rents have gone up by 1.75% this month. 2-bedroom rents have gone up by 1.28% this month. 3-bedroom rents have gone up by 7.37% this month. 4-bedroom rents have gone down by 29.85% this month.

Beds	Price / Sqft	Dec 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$0.76	$950	$1,215 (-21.81%)	$1,223 (-22.34%)
1 BR	$2.00	$1,408	$1,313 (7.18%)	$778 (80.84%)
2 BR	$1.73	$1,718	$1,831 (-6.18%)	$1,583 (8.47%)
3 BR	$1.45	$2,100	$1,996 (5.23%)	$1,624 (29.30%)
4+ BR	$1.25	$1,700	$2,391 (-28.90%)	$3,650 (-53.42%)

Historical Rents in Kensington, Philadelphia, PA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Kensington

There are a total of 3 cities nearby Kensington. The average rent in Kensington is currently $1,800 per month. Only one city nearby has an average rent lower than that. Our records show that Wilmington, DE, with an average rent of $1,673, is the most affordable city nearby. In contrast, the most expensive city near Kensington, Philadelphia, PA is Phoenixville, PA. Monthly rents here are on average $2,150 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 24.94% more affordable than other cities nearby. One bedrooms are about 12.44% more affordable. Two bedrooms in Kensington, Philadelphia, PA are about 4.14% more affordable. Finally, rent for three bedrooms are about 0.13% more affordable. Want more information? Check out the top 3 cities near Kensington, Philadelphia, PA in the following chart.

City	Studio	1 Bed	2 Bed	All
Wilmington, DE	$1,295	$1,495	$1,823	$1,673
Philadelphia, PA	$1,250	$1,681	$1,800	$1,800
Phoenixville, PA	$1,693	$1,968	$2,437	$2,150

Top Neighborhoods Near Kensington

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

The average rent for these 24 neighborhoods in or near Kensington, Philadelphia, PA is currently around $1,921 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only seventeen neighborhoods have a higher average rent than $1,921. Interestingly, the neighborhoods' average rent is higher than Kensington's average rent, which is only $1,734. Out of all the neighborhoods in or near Kensington, Cobbs Creek has the most affordable average rent at $1,350 per month. Whereas, at $3,295 average rent per month, University City is the most expensive neighborhood in or near Kensington. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Cobbs Creek, Philadelphia, PA	N/A	$1,193	$1,338	$1,350
Germantown, Philadelphia, PA	$1,023	$1,275	$1,644	$1,450
Port Richmond, Philadelphia, PA	$1,500	$1,245	$1,400	$1,600
Roxborough, Philadelphia, PA	$1,425	$1,570	$1,675	$1,600
South Philadelphia West, Philadelphia, PA	$1,125	$1,198	$1,500	$1,613
North Philadelphia East, Philadelphia, PA	$1,236	$1,400	$1,700	$1,632
North Philadelphia West, Philadelphia, PA	$1,100	$1,395	$1,500	$1,650
East Germantown, Philadelphia, PA	$863	$1,850	$1,450	$1,800
Manayunk, Philadelphia, PA	$1,175	$1,500	$1,800	$1,838
Spruce Hill, Philadelphia, PA	$1,050	$1,699	$2,000	$1,850
Point Breeze, Philadelphia, PA	$1,080	$1,243	$1,700	$1,850
Queen Village - Pennsport, Philadelphia, PA	N/A	$1,497	$1,895	$1,895
Rittenhouse Square, Philadelphia, PA	$1,463	$1,901	$2,951	$1,947
Avenue of the Arts South, Philadelphia, PA	$1,100	$1,718	$2,912	$1,960
Avenue of the Arts North, Philadelphia, PA	N/A	$1,456	$1,388	$1,985
Bella Vista - Southwark, Philadelphia, PA	$1,798	$1,550	$1,900	$1,997
Graduate Hospital, Philadelphia, PA	$1,065	$1,450	$2,175	$1,998
Fairmount - Art Museum, Philadelphia, PA	$1,656	$1,600	$2,100	$2,000
Center City West, Philadelphia, PA	$1,386	$2,095	$3,151	$2,075
Center City East, Philadelphia, PA	$1,125	$1,910	$2,800	$2,095
Washington Square West, Philadelphia, PA	$1,650	$1,915	$3,123	$2,100
Northern Liberties - Fishtown, Philadelphia, PA	$1,400	$1,715	$2,450	$2,100
Logan Square, Philadelphia, PA	$1,796	$2,275	$3,800	$2,528
University City, Philadelphia, PA	$1,368	$3,500	$3,975	$3,295

Top Counties Near Kensington

There are a total of 24 counties located by Kensington, 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 $3,000, Mercer, NJ is the most expensive county by Kensington, Philadelphia, PA.

Typically, rent for studios in Kensington, Philadelphia, PA is 18.19% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Kensington, Philadelphia, PA is 7.73% more affordable than other counties nearby. Finally, rent for two bedrooms in Kensington, Philadelphia, PA is 12.86% 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	$1,681	$1,800	$1,800
Delaware, PA	$873	$1,350	$1,950	$2,000
Camden, NJ	$1,400	$1,540	$1,900	$2,200
Montgomery, PA	$1,747	$1,700	$2,000	$2,350
Burlington, NJ	$1,200	$1,525	$2,100	$2,373
Gloucester, NJ	N/A	$1,400	$1,900	$2,575
Bucks, PA	N/A	$1,800	$2,300	$2,650
Mercer, NJ	$1,650	$1,900	$2,400	$3,000

Top Zipcodes Near Kensington

There are a total of 6 zipcodes in or near Kensington, Philadelphia, PA. The average rent for all of these zipcodes is $1,688. A total of 4 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 $2,150 per month is 19460, Phoenixville, PA.

Studios in these zipcodes have an average rent of $1,160. 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 Kensington, Philadelphia, PA is $1,563 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,651 per month. Which comes out to $2 per sqft. The following chart includes the top 6 zipcodes in Kensington, 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	$985	$1,637	$1,604	$1,675
19104, Philadelphia, PA	$1,195	$1,575	$1,781	$1,796
19131, Philadelphia, PA	N/A	$1,135	$1,373	$1,450
19128, Philadelphia, PA	$1,363	$1,550	$1,698	$1,625
19145, Philadelphia, PA	$1,125	$1,198	$1,550	$1,700
19460, Phoenixville, PA	$1,693	$1,968	$2,335	$2,150

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 $1,734. 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 $1,037 and an average price per square feet of $0.76. There are a total of 4 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 $1,495 and an average price per square feet of $2.00. There are a total of 33 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 $1,750 and an average price per square feet of $1.73. There are a total of 72 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 -0.22%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by -0.06%, and three bedroom rental prices have changed by 0.05% year-over-year.

What is a reasonable rent price in Kensington, Philadelphia, PA?

A reasonable rent price in Kensington, Philadelphia, PA is around $1,387/month. You can search for these reasonably priced rental listings on RentHop.