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 $1,600, 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 $375 (-27.27%) year-over-year from $1,375 to $1,000. 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 $123 (7.64%) year-over-year from $1,603 to $1,725. 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 16.67% this month. 2-bedroom rents have gone up by 1.94% this month. 3-bedroom rents have gone up by 1.02% 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	$0.30	$1,000	$1,375 (-27.27%)	$1,133 (-11.76%)
2 BR	$1.82	$1,475	$1,473 (0.14%)	$1,383 (6.65%)
3 BR	$1.51	$1,725	$1,603 (7.64%)	$1,507 (14.49%)
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 $1,800 per month. Only one city nearby has an average rent lower than that. Our records show that Wilmington, DE, with an average rent of $1,600, 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 $2,200 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 17.67% more expensive than other cities nearby. One bedrooms are about 29.07% more affordable. Two bedrooms in Port Richmond, Philadelphia, PA are about 24.14% more affordable. Finally, rent for three bedrooms are about 11.08% 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	$1,498	$1,700	$1,600
Philadelphia, PA	$1,235	$1,665	$1,800	$1,800
Phoenixville, PA	$1,898	$2,005	$2,420	$2,200

Top Neighborhoods Near Port Richmond

There are a total of 25 neighborhoods in or near Port Richmond. Some of these neighborhoods include Cobbs Creek, Kingsessing, and Germantown. We've included all of these top 25 neighborhoods in or near Port Richmond, Philadelphia, PA in the following chart.

The average rent for these 25 neighborhoods in or near Port Richmond, Philadelphia, PA is currently around $1,850 per month. A total of 5 neighborhoods have a lower average rent. Meaning, only twenty neighborhoods have a higher average rent than $1,850. Interestingly, the neighborhoods' average rent is higher than Port Richmond's average rent, which is only $1,600. Out of all the neighborhoods in or near Port Richmond, Cobbs Creek has the most affordable average rent at $1,352 per month. Whereas, at $2,400 average rent per month, Logan 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	N/A	$1,175	$1,313	$1,352
Kingsessing, Philadelphia, PA	N/A	$1,225	$1,450	$1,425
Germantown, Philadelphia, PA	$985	$1,238	$1,656	$1,450
West Powelton, Philadelphia, PA	$925	$1,200	$1,700	$1,500
Roxborough, Philadelphia, PA	N/A	$1,545	$1,638	$1,575
South Philadelphia West, Philadelphia, PA	$1,125	$1,195	$1,550	$1,645
North Philadelphia West, Philadelphia, PA	$950	$1,300	$1,463	$1,650
North Philadelphia East, Philadelphia, PA	$1,264	$1,372	$1,676	$1,658
Kensington, Philadelphia, PA	$962	$1,495	$1,775	$1,700
Spruce Hill, Philadelphia, PA	$1,195	$1,575	$2,175	$1,725
East Germantown, Philadelphia, PA	$875	$1,825	$1,450	$1,785
Avenue of the Arts South, Philadelphia, PA	$1,125	$1,750	$2,915	$1,825
Queen Village - Pennsport, Philadelphia, PA	$988	$1,500	$1,895	$1,850
Manayunk, Philadelphia, PA	$1,149	$1,495	$1,800	$1,865
Point Breeze, Philadelphia, PA	$1,092	$1,239	$1,750	$1,873
Fairmount - Art Museum, Philadelphia, PA	$1,395	$1,525	$1,984	$1,917
Rittenhouse Square, Philadelphia, PA	$1,450	$1,918	$2,806	$1,932
Center City West, Philadelphia, PA	$1,376	$1,978	$3,140	$1,971
Bella Vista - Southwark, Philadelphia, PA	$1,395	$1,538	$1,850	$1,995
Washington Square West, Philadelphia, PA	$1,750	$1,873	$2,495	$2,039
Avenue of the Arts North, Philadelphia, PA	N/A	$1,413	$1,500	$2,061
Center City East, Philadelphia, PA	$1,235	$1,868	$2,655	$2,095
Graduate Hospital, Philadelphia, PA	$1,246	$1,450	$2,150	$2,100
Northern Liberties - Fishtown, Philadelphia, PA	$1,452	$1,750	$2,350	$2,163
Logan Square, Philadelphia, PA	$1,795	$2,275	$3,745	$2,400

Top Counties Near Port Richmond

There are a total of 25 counties located by Port Richmond, Philadelphia, PA. Some of these counties include Philadelphia, PA, Camden, NJ, and Delaware, PA. The average rent for rentals in these counties is $2,377. 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 $2,900, Mercer, NJ is the most expensive county by Port Richmond, Philadelphia, PA.

Typically, rent for studios in Port Richmond, Philadelphia, PA is 31.00% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Port Richmond, Philadelphia, PA is 20.25% more affordable than other counties nearby. Finally, rent for two bedrooms in Port Richmond, Philadelphia, PA is 34.31% 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	$1,235	$1,665	$1,800	$1,800
Camden, NJ	$1,800	$1,500	$1,900	$2,100
Delaware, PA	$995	$1,400	$1,800	$2,100
Montgomery, PA	$1,710	$1,603	$1,995	$2,353
Burlington, NJ	$900	$1,500	$2,100	$2,400
Bucks, PA	$963	$1,800	$2,300	$2,650
Gloucester, NJ	N/A	$1,425	$1,800	$2,800
Mercer, NJ	$1,075	$1,995	$2,400	$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 $1,650. A total of 3 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 $1,463 per month. In comparison, the zipcode with the most expensive average rent of $2,190 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 Port Richmond, Philadelphia, PA is $1,407 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,606 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	$975	$1,352	$1,545	$1,516
19104, Philadelphia, PA	$1,195	$1,463	$1,750	$1,710
19131, Philadelphia, PA	N/A	$1,075	$1,395	$1,463
19145, Philadelphia, PA	$1,125	$1,195	$1,550	$1,700
19128, Philadelphia, PA	$1,325	$1,495	$1,663	$1,600
19460, Phoenixville, PA	$1,898	$1,975	$2,300	$2,190

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 $1,600. 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 $1,290 and an average price per square feet of $0.30. There are a total of 9 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 25 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 -0.27%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by 0.08% 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 $1,280/month. You can search for these reasonably priced rental listings on RentHop.