Average Rent in Rittenhouse Square, Philadelphia, PA

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Current Versus Historical Rittenhouse Square, Philadelphia, PA Rents

Rittenhouse Square rentals average $1,438 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $2,235, or roughly $3 per square feet.

For the apartment units and housing in January 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $84 (5.70%) year-over-year from $1,479 to $1,564. 1-bedroom rentals prices have decreased by $61 (-3.10%) year-over-year from $1,956 to $1,895. 2-bedroom rentals prices have decreased by $20 (-0.71%) year-over-year from $2,815 to $2,795. 3-bedroom rentals prices have increased by $351 (8.51%) year-over-year from $4,122 to $4,473. 4-bedroom rentals prices have increased by $1,167 (21.88%) year-over-year from $5,333 to $6,500. 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 3.84% this month. 1-bedroom rents have gone up by 0.26% this month. 2-bedroom rents have gone up by 1.95% this month. 3-bedroom rents have gone up by 59.40% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Jan 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.62	$1,564	$1,479 (5.70%)	$1,278 (22.39%)
1 BR	$2.59	$1,895	$1,956 (-3.10%)	$1,628 (16.40%)
2 BR	$2.55	$2,795	$2,815 (-0.71%)	$2,316 (20.69%)
3 BR	$2.41	$4,473	$4,122 (8.51%)	$3,523 (26.97%)

Historical Rents in Rittenhouse Square, Philadelphia, PA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Rittenhouse Square

There are a total of 1 cities nearby Rittenhouse Square. The average rent in Rittenhouse Square is currently $1,845 per month. Only one city nearby has an average rent lower than that. 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 Rittenhouse Square, Philadelphia, PA is Philadelphia, PA. Monthly rents here are on average $1,845 per month.

Let's compare Rittenhouse Square, Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Rittenhouse Square, Philadelphia, PA is 13.04% more expensive than other cities nearby. One bedrooms are about 11.80% more expensive. Two bedrooms in Rittenhouse Square, Philadelphia, PA are about 35.63% more expensive. Finally, rent for three bedrooms are about 48.52% more expensive. Want more information? Check out the top 1 cities near Rittenhouse Square, 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 Rittenhouse Square

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

The average rent for these 12 neighborhoods in or near Rittenhouse Square, Philadelphia, PA is currently around $2,040 per month. A total of 10 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $2,040. Out of all the neighborhoods in or near Rittenhouse Square, 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 Rittenhouse Square. 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
Kensington, Philadelphia, PA	$1,092	$1,725	$1,818	$1,725
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
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 Rittenhouse Square

There are a total of 12 counties located by Rittenhouse Square, Philadelphia, PA. The average rent for rentals in these counties is $2,104. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. 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 $2,363, Lower Merion, PA is the most expensive county by Rittenhouse Square, Philadelphia, PA.

Typically, rent for studios in Rittenhouse Square, Philadelphia, PA is 11.48% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Rittenhouse Square, Philadelphia, PA is 0.62% more affordable than other counties nearby. Finally, rent for two bedrooms in Rittenhouse Square, Philadelphia, PA is 25.49% more expensive than other counties nearby. We've listed the top 2 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Philadelphia, PA	$1,250	$1,745	$1,825	$1,845
Lower Merion, PA	$1,295	$2,237	$2,400	$2,363

Top Zipcodes Near Rittenhouse Square

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

The following chart includes the zipcode in or near Rittenhouse Square, 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 - Rittenhouse Square Average Rents

What is the average rent price in Rittenhouse Square, Philadelphia, PA?

The average monthly rental price for Rittenhouse Square, Philadelphia, PA apartments for rent is approximately $2,235. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Rittenhouse Square, 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 Rittenhouse Square, Philadelphia, PA.

How much is a studio apartment in Rittenhouse Square, Philadelphia, PA?

The average monthly rental price for studio apartments is $1,438 and an average price per square feet of $3.62. There are a total of 10 studio apartment listings currently available for rent in Rittenhouse Square.

How much is a one bedroom apartment in Rittenhouse Square, Philadelphia, PA?

The average monthly rental price for one bedroom apartments is $1,979 and an average price per square feet of $2.59. There are a total of 30 one bedroom apartment listings currently available for rent in Rittenhouse Square.

How much is a two bedroom apartment in Rittenhouse Square, Philadelphia, PA?

The average monthly rental price for two bedroom apartments is $2,835 and an average price per square feet of $2.55. There are a total of 13 two bedroom apartment listings currently available for rent in Rittenhouse Square.

How have rent prices in Rittenhouse Square, Philadelphia, PA changed this year?

Rent prices for rentals in Rittenhouse Square, Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by 0.06%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by -0.01%, and three bedroom rental prices have changed by 0.09% year-over-year.

What is a reasonable rent price in Rittenhouse Square, Philadelphia, PA?

A reasonable rent price in Rittenhouse Square, Philadelphia, PA is around $1,788/month. You can search for these reasonably priced rental listings on RentHop.