Average Rent in Port Richmond, Philadelphia, PA

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Current Versus Historical Port Richmond, Philadelphia, PA Rents

Port Richmond rentals average $1,500 for a studio rental to $2,150 for a 4-bedroom rental. The median price of all currently available listings is $1,595, or roughly $2 per square feet.

For the apartment units and housing in November 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $943 (-44.74%) year-over-year from $2,108 to $1,165. 1-bedroom rentals prices have decreased by $263 (-19.09%) year-over-year from $1,375 to $1,113. 2-bedroom rentals prices have increased by $2 (0.14%) year-over-year from $1,473 to $1,475. 3-bedroom rentals prices have increased by $48 (2.96%) year-over-year from $1,603 to $1,650. 4-bedroom rentals prices have decreased by $283 (-11.41%) year-over-year from $2,483 to $2,200. 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 13.47% this month. 1-bedroom rents have gone down by 10.10% this month. 2-bedroom rents have gone up by 2.41% this month. 3-bedroom rents have gone down by 1.93% this month. 4-bedroom rents have gone up by 0.76% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.25	$1,165	$2,108 (-44.74%)	$1,050 (10.95%)
1 BR	$0.31	$1,113	$1,375 (-19.09%)	$1,133 (-1.84%)
2 BR	$1.82	$1,475	$1,473 (0.14%)	$1,383 (6.65%)
3 BR	$1.50	$1,650	$1,603 (2.96%)	$1,507 (9.51%)
4+ BR	$1.47	$2,200	$2,483 (-11.41%)	$1,871 (17.59%)

Historical Rents in Port Richmond, Philadelphia, PA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Port Richmond

There are a total of 3 cities nearby Port Richmond. The average rent in Port Richmond 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 Port Richmond, Philadelphia, PA is Phoenixville, PA. Monthly rents here are on average $2,127 per month.

Let's compare Port Richmond, Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Port Richmond, Philadelphia, PA is 16.67% more expensive than other cities nearby. One bedrooms are about 34.54% more affordable. Two bedrooms in Port Richmond, Philadelphia, PA are about 23.79% more affordable. Finally, rent for three bedrooms are about 19.40% more affordable. Want more information? Check out the top 3 cities near Port Richmond, 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 Port Richmond

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

The average rent for these 26 neighborhoods in or near Port Richmond, Philadelphia, PA is currently around $1,838 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only twenty-two neighborhoods have a higher average rent than $1,838. Interestingly, the neighborhoods' average rent is higher than Port Richmond's average rent, which is only $1,595. Out of all the neighborhoods in or near Port Richmond, 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 Port Richmond. 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
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
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 Port Richmond

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

Typically, rent for studios in Port Richmond, Philadelphia, PA is 16.67% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Port Richmond, Philadelphia, PA is 29.52% more affordable than other counties nearby. Finally, rent for two bedrooms in Port Richmond, Philadelphia, PA is 37.81% 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
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 Port Richmond

There are a total of 6 zipcodes in or near Port Richmond, Philadelphia, PA. The average rent for all of these zipcodes is $1,638. A total of 2 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 Port Richmond, 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 Port Richmond, 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
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
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 - Port Richmond Average Rents

What is the average rent price in Port Richmond, Philadelphia, PA?

The average monthly rental price for Port Richmond, Philadelphia, PA apartments for rent is approximately $1,595. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Port Richmond, 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 Port Richmond, Philadelphia, PA.

How much is a studio apartment in Port Richmond, Philadelphia, PA?

The average monthly rental price for studio apartments is $1,500 and an average price per square feet of $2.25. There are a total of 4 studio apartment listings currently available for rent in Port Richmond.

How much is a one bedroom apartment in Port Richmond, Philadelphia, PA?

The average monthly rental price for one bedroom apartments is $1,245 and an average price per square feet of $0.31. There are a total of 10 one bedroom apartment listings currently available for rent in Port Richmond.

How much is a two bedroom apartment in Port Richmond, Philadelphia, PA?

The average monthly rental price for two bedroom apartments is $1,450 and an average price per square feet of $1.82. There are a total of 23 two bedroom apartment listings currently available for rent in Port Richmond.

How have rent prices in Port Richmond, Philadelphia, PA changed this year?

Rent prices for rentals in Port Richmond, Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by -0.45%, one bedroom rental prices have changed by -0.19%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by 0.03% year-over-year.

What is a reasonable rent price in Port Richmond, Philadelphia, PA?

A reasonable rent price in Port Richmond, Philadelphia, PA is around $1,276/month. You can search for these reasonably priced rental listings on RentHop.