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 $1,563. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Elkins Park, PA
Last updated July 2022
| Average Rent | Average Apartment Size |
|---|---|
| $1,563 | 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
Elkins Park, PA Occupied Housing Units
980 or 34% of the households in Elkins Park, PA are renter-occupied while 1,898 or 65% are owner-occupied.
Elkins Park, PA Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Jul / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Elkins Park, PA | $1,257 | $1,310 | $1,313 | $1,310 | $1,311 | $1,346 | $1,381 | $1,430 | $1,495 | $1,563 |
| National | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
How Elkins Park Compares to Other Cities
| City | Average Rent |
|---|---|
| Philadelphia | $1,812 |
| Pittsburgh | $1,378 |
| Lehigh Valley | $1,503 |
| State College | $1,771 |
| Mechanicsburg | $1,285 |
| Bethlehem | $1,642 |
| Allentown | $1,450 |
| Camp Hill | $1,273 |
| Exton | $2,091 |
| Camden | $1,147 |
| Lansdale | $1,835 |
| West Chester | $1,852 |
| Bryn Mawr | $1,945 |
| King of Prussia | $1,948 |
| Collingswood | $1,906 |
| Haddon Township | $1,906 |
| New Brunswick | $2,142 |
| Maple Shade | $1,656 |
| Warminster | $1,625 |
| Abington | $1,303 |
| Elkins Park | $1,563 |
Most Popular Apartments in Elkins Park
Elkins Park Terrace
22 Township Line Road, Elkins Park, PA 19027- 1 BED
- 2 BEDS
- $1,320+
- Ask for pricing
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.