Average Rent in Rittenhouse Square, Philadelphia, PA

Home  »  PA  »  Philadelphia  »  Rittenhouse Square

Current Versus Historical Rittenhouse Square, Philadelphia, PA Rents

Rittenhouse Square rentals average $1,463 for a studio rental to $10,000 for a 4-bedroom rental. The median price of all currently available listings is $1,932, 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 $282 (-17.64%) year-over-year from $1,597 to $1,315. 1-bedroom rentals prices have decreased by $98 (-4.97%) year-over-year from $1,962 to $1,864. 2-bedroom rentals prices have increased by $88 (3.34%) year-over-year from $2,635 to $2,723. 3-bedroom rentals prices have decreased by $168 (-4.35%) year-over-year from $3,866 to $3,698. 4-bedroom rentals prices have increased by $2,400 (58.54%) year-over-year from $4,100 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 down by 9.35% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone down by 2.72% this month. 3-bedroom rents have gone up by 9.07% this month. 4-bedroom rents have gone down by 27.10% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.19 $1,315 $1,597 (-17.64%) $1,388 (-5.27%)
1 BR $2.53 $1,864 $1,962 (-4.97%) $1,566 (19.05%)
2 BR $2.38 $2,723 $2,635 (3.34%) $2,547 (6.92%)
3 BR $2.95 $3,698 $3,866 (-4.35%) $3,250 (13.78%)
4+ BR $2.27 $6,500 $4,100 (58.54%) $6,133 (5.98%)

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 $1,800 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 $2,190 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 15.38% more expensive than other cities nearby. One bedrooms are about 12.02% more expensive. Two bedrooms in Rittenhouse Square, Philadelphia, PA are about 35.21% more expensive. Finally, rent for three bedrooms are about 52.50% 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 $1,495 $1,675 $1,600
Philadelphia, PA $1,238 $1,691 $1,800 $1,800
Phoenixville, PA $1,898 $1,975 $2,390 $2,190

Top Neighborhoods Near Rittenhouse Square

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

The average rent for these 24 neighborhoods in or near Rittenhouse Square, Philadelphia, PA is currently around $1,838 per month. A total of 16 neighborhoods have a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $1,838. Out of all the neighborhoods in or near Rittenhouse Square, Cobbs Creek has the most affordable average rent at $1,351 per month. Whereas, at $2,395 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
Cobbs Creek, Philadelphia, PA N/A $1,185 $1,300 $1,351
Kingsessing, Philadelphia, PA N/A $1,213 $1,450 $1,413
Germantown, Philadelphia, PA $985 $1,225 $1,700 $1,450
Roxborough, Philadelphia, PA N/A $1,545 $1,632 $1,585
Port Richmond, Philadelphia, PA $1,500 $1,290 $1,499 $1,600
North Philadelphia West, Philadelphia, PA $850 $1,320 $1,475 $1,650
North Philadelphia East, Philadelphia, PA $1,264 $1,372 $1,700 $1,675
South Philadelphia West, Philadelphia, PA $1,125 $1,195 $1,550 $1,680
Spruce Hill, Philadelphia, PA $1,195 $1,575 $2,000 $1,700
Kensington, Philadelphia, PA $950 $1,545 $1,800 $1,750
East Germantown, Philadelphia, PA $875 $1,825 $1,450 $1,785
Avenue of the Arts South, Philadelphia, PA $1,100 $1,750 $2,915 $1,825
Point Breeze, Philadelphia, PA $1,092 $1,281 $1,750 $1,850
Queen Village - Pennsport, Philadelphia, PA $988 $1,500 $1,895 $1,850
Manayunk, Philadelphia, PA $1,149 $1,495 $1,833 $1,875
Fairmount - Art Museum, Philadelphia, PA $1,395 $1,525 $1,982 $1,917
Center City West, Philadelphia, PA $1,382 $1,973 $3,000 $1,973
Avenue of the Arts North, Philadelphia, PA N/A $1,413 $1,600 $1,975
Bella Vista - Southwark, Philadelphia, PA $1,395 $1,498 $1,895 $1,995
Washington Square West, Philadelphia, PA $1,750 $1,898 $2,495 $2,078
Graduate Hospital, Philadelphia, PA $1,246 $1,450 $2,150 $2,095
Center City East, Philadelphia, PA $1,235 $1,895 $2,655 $2,098
Northern Liberties - Fishtown, Philadelphia, PA $1,500 $1,750 $2,338 $2,150
Logan Square, Philadelphia, PA $1,795 $2,275 $3,745 $2,395

Top Counties Near Rittenhouse Square

There are a total of 24 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 $2,190. 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 $2,380, Lower Merion, PA is the most expensive county by Rittenhouse Square, Philadelphia, PA.

Typically, rent for studios in Rittenhouse Square, Philadelphia, PA is 15.38% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Rittenhouse Square, Philadelphia, PA is 11.16% more expensive than other counties nearby. Finally, rent for two bedrooms in Rittenhouse Square, Philadelphia, PA is 17.21% more expensive than other counties nearby. We've listed the top 5 counties in the chart below.
County Studio 1 Bed 2 Bed All
Wilmington, DE N/A $1,495 $1,675 $1,600
Philadelphia, PA $1,238 $1,691 $1,800 $1,800
Phoenixville, PA $1,898 $1,975 $2,390 $2,190
Radnor, PA N/A $1,708 $2,300 $2,360
Lower Merion, PA $1,350 $1,850 $2,380 $2,380

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 $1,650. 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 $1,485 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 Rittenhouse Square, Philadelphia, PA is $1,394 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,639 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 $1,195 $1,463 $1,735 $1,700
19145, Philadelphia, PA $1,125 $1,195 $1,573 $1,700
19131, Philadelphia, PA N/A $1,075 $1,395 $1,485
19144, Philadelphia, PA $975 $1,325 $1,628 $1,531
19128, Philadelphia, PA $1,325 $1,487 $1,650 $1,600
19460, Phoenixville, PA $1,898 $1,956 $2,300 $2,190

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 $1,932. 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 $1,463 and an average price per square feet of $3.19. There are a total of 28 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 113 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 $2,778 and an average price per square feet of $2.38. There are a total of 37 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 -0.18%, one bedroom rental prices have changed by -0.05%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by -0.04% 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 $1,546/month. You can search for these reasonably priced rental listings on RentHop.
Quantcast