King of Prussia, PA Rental Market Trends
Highlights
The average rent for an apartment in King of Prussia is $1,618, a 3% increase compared to the previous year, when the average rent was $1,571.
Studio apartments in King of Prussia rent for $905 a month, while 1-bedroom apartments ask on average $1,531 a month; the average rent for a 2-bedroom apartment is $1,716.
Average Rent in King of Prussia, PA
Last updated Oct 2018
| All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Average Rent | $1,618 | $905 | $1,531 | $1,716 | $2,091 |
| Y-o-Y Change | 3% | -10% | 6% | 1% | 2% |
| Average Apartment Size | 902 sq. ft. | 317 sq. ft. | 756 sq. ft. | 1,049 sq. ft. | 1,453 sq. ft. |
The average size for a King of Prussia apartment is 902 square feet, but this number varies greatly depending on apartment type. A studio averages 317 sq. ft., while a one-bedroom apartment offers a more generous square footage: 756. 2-bedroom apartments in King of Prussia have an average size of 1,049 sq. ft.
King of Prussia, PA Apartment Rent Ranges
- $701-$1,00093%
- $1,001-$1,5006%
- $1,501-$2,0001%
King of Prussia, PA Rent Trends
| Average Rent All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Oct / 2018 | $1,618 | $905 | $1,531 | $1,716 | $2,091 |
| Jan / 2018 | $1,614 | $905 | $1,518 | $1,720 | $2,091 |
| Sept / 2017 | $1,558 | $954 | $1,418 | $1,717 | $1,886 |
| May / 2017 | $1,571 | $1,004 | $1,447 | $1,698 | $2,055 |
| Jan / 2017 | $1,442 | $983 | $1,331 | $1,545 | $1,930 |
| Sept / 2016 | $1,342 | $900 | $1,190 | $1,458 | $1,986 |
| May / 2016 | $1,379 | $922 | $1,202 | $1,513 | $2,094 |
| Jan / 2016 | $1,252 | $895 | $1,107 | $1,351 | $1,944 |
| Sept / 2015 | $1,258 | $876 | $1,118 | $1,384 | $1,618 |
| May / 2015 | $1,278 | $908 | $1,141 | $1,379 | $1,858 |
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How Does King of Prussia Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Bala Cynwyd | $1,899 | -2% |
| Narberth | $1,359 | -1% |
| Elkins Park | $1,162 | 1% |
| Abington | $1,170 | 3% |
| Lansdale | $1,403 | 2% |
| North Wales | $1,375 | 3% |
| Harleysville Town | $1,282 | 5% |
| Norristown | $1,291 | 1% |
| Harleysville | $1,282 | 5% |
| Collegeville | $1,492 | -1% |
| King of Prussia | $1,618 | 3% |
For more information about the King of Prussia rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
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 King of Prussia 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.