Average Rent in Rittenhouse Square, Philadelphia, PA

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Current Versus Historical Rittenhouse Square, Philadelphia, PA Rents

Rittenhouse Square rentals average $1,398 for a studio rental to $8,250 for a 4-bedroom rental. The median price of all currently available listings is $1,930, or roughly $3 per square feet.

For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $322 (-20.15%) year-over-year from $1,597 to $1,275. 1-bedroom rentals prices have decreased by $67 (-3.39%) year-over-year from $1,962 to $1,895. 2-bedroom rentals prices have increased by $137 (5.18%) year-over-year from $2,635 to $2,772. 3-bedroom rentals prices have decreased by $1,816 (-46.97%) year-over-year from $3,866 to $2,050. 4-bedroom rentals prices have increased by $4,150 (101.22%) year-over-year from $4,100 to $8,250. 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 down by 11.29% this month. 1-bedroom rents have gone up by 1.10% this month. 2-bedroom rents have gone down by 1.55% this month. 3-bedroom rents have gone down by 27.84% this month. 4-bedroom rents have gone down by 13.16% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.04	$1,275	$1,597 (-20.15%)	$1,388 (-8.15%)
1 BR	$2.53	$1,895	$1,962 (-3.39%)	$1,566 (21.03%)
2 BR	$2.39	$2,772	$2,635 (5.18%)	$2,547 (8.83%)
3 BR	$2.92	$2,050	$3,866 (-46.97%)	$3,250 (-36.91%)
4+ BR	$1.75	$8,250	$4,100 (101.22%)	$6,133 (34.51%)

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 3 cities nearby Rittenhouse Square. The average rent in Rittenhouse Square is currently $1,795 per month. A total of 2 cities nearby have 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 Rittenhouse Square, Philadelphia, PA is Phoenixville, PA. Monthly rents here are on average $2,127 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 10.55% more expensive than other cities nearby. One bedrooms are about 12.85% more expensive. Two bedrooms in Rittenhouse Square, Philadelphia, PA are about 35.44% more expensive. Finally, rent for three bedrooms are about 52.38% more expensive. Want more information? Check out the top 3 cities near Rittenhouse Square, 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 Rittenhouse Square

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

The average rent for these 26 neighborhoods in or near Rittenhouse Square, Philadelphia, PA is currently around $1,788 per month. A total of 17 neighborhoods have a lower average rent. Meaning, only nine neighborhoods have a higher average rent than $1,788. Out of all the neighborhoods in or near Rittenhouse Square, 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 Rittenhouse Square. 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
Port Richmond, Philadelphia, PA	$1,500	$1,245	$1,450	$1,595
Roxborough, Philadelphia, PA	N/A	$1,550	$1,644	$1,600
South Philadelphia West, Philadelphia, PA	$1,125	$1,223	$1,500	$1,600
North Philadelphia West, Philadelphia, PA	$1,100	$1,200	$1,500	$1,650
Avenue of the Arts North, Philadelphia, PA	N/A	$1,375	$1,550	$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
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 Rittenhouse Square

There are a total of 26 counties located by Rittenhouse Square, Philadelphia, PA. Some of these counties include Wilmington, DE, Philadelphia, PA, and Phoenixville, PA. The average rent for rentals in these counties is $1,961. That's roughly around $2 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Wilmington, DE. It's average rent per month is $1,600. Vice versa, with an average rent of $2,378, Lower Merion, PA is the most expensive county by Rittenhouse Square, Philadelphia, PA.

Typically, rent for studios in Rittenhouse Square, Philadelphia, PA is 6.98% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Rittenhouse Square, Philadelphia, PA is 12.20% more expensive than other counties nearby. Finally, rent for two bedrooms in Rittenhouse Square, Philadelphia, PA is 23.66% more expensive than other counties nearby. We've listed the top 4 counties in the chart below.

County	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
Lower Merion, PA	$1,350	$1,700	$2,450	$2,378

Top Zipcodes Near Rittenhouse Square

There are a total of 6 zipcodes in or near Rittenhouse Square, Philadelphia, PA. The average rent for all of these zipcodes is $1,638. A total of 5 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 Rittenhouse Square, 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 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	$1,200	$1,475	$1,800	$1,715
19145, Philadelphia, PA	$1,125	$1,195	$1,550	$1,650
19131, Philadelphia, PA	$1,000	$1,085	$1,443	$1,450
19144, Philadelphia, PA	$926	$1,377	$1,500	$1,495
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 - 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 $1,930. 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 $1,398 and an average price per square feet of $3.04. There are a total of 24 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 $1,922 and an average price per square feet of $2.53. There are a total of 109 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 $2,781 and an average price per square feet of $2.39. There are a total of 38 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 -0.20%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by -0.47% 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 $1,544/month. You can search for these reasonably priced rental listings on RentHop.