Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Elkins Park, PA Rental Market Trends
What is the average rent in Elkins Park?
The average rent for an apartment in Elkins Park is $1,381, a 5% increase compared to the previous year, when the average rent was $1,310.
Average Rent in Elkins Park, PA
Last updated June 2021
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,381 | 5% | 763 sq. ft. |
What is the average apartment size in Elkins Park?
The average size for a Elkins Park, PA apartment is 763 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Elkins Park, PA Apartment Rent Ranges
- $701-$1,0003%
- $1,001-$1,50062%
- $1,501-$2,00034%
- > $2,0001%
Elkins Park, PA Occupied Housing Units
- Renter-occupied Households36%
- Owner-occupied Households63%
3,080 or 36% of the households in Elkins Park, PA are renter-occupied while 5,423 or 63% are owner-occupied.
Elkins Park, PA Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Jun / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Elkins Park, PA | $1,162 | $1,162 | $1,209 | $1,257 | $1,310 | $1,313 | $1,310 | $1,311 | $1,346 | $1,381 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 |
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How Elkins Park Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Philadelphia | $1,688 | 2% |
| Pittsburgh | $1,280 | 1% |
| Lehigh Valley | $1,323 | 6% |
| Allentown | $1,275 | 8% |
| Bethlehem | $1,466 | 7% |
| West Chester | $1,621 | 4% |
| Collingswood | $1,760 | 5% |
| Haddon Township | $1,760 | 5% |
| Camden | $1,038 | 2% |
| Cherry Hill | $1,647 | 6% |
| Elkins Park | $1,381 | 5% |
Most Popular Apartments in Elkins Park
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Elkins Park apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.