King of Prussia, PA Rental Market Trends
Highlights
The average rent for an apartment in King of Prussia is $1,636, a 1% increase compared to the previous year, when the average rent was $1,617.
Average Rent in King of Prussia, PA
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,636 | 1% | 917 sq. ft. |
The average size for a King of Prussia, PA apartment is 917 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.
King of Prussia, PA Apartment Rent Ranges
- $701-$1,0001%
- $1,001-$1,50046%
- $1,501-$2,00034%
- > $2,00019%
King of Prussia, PA Occupied Housing Units
- Renter-occupied Households39%
- Owner-occupied Households60%
3,484 or 39% of the households in King of Prussia, PA are renter-occupied while 5,300 or 60% are owner-occupied.
King of Prussia, PA Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|
| King of Prussia, PA | $1,614 | $1,618 | $1,623 | $1,616 | $1,671 | $1,617 | $1,641 | $1,638 | $1,636 |
| National | $1,381 | $1,418 | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |
How King of Prussia Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Philadelphia | $1,660 | n/a |
| Pittsburgh | $1,241 | -1% |
| Lehigh Valley | $1,286 | 4% |
| Allentown | $1,229 | 8% |
| Bethlehem | $1,417 | 4% |
| Lansdale | $1,603 | 3% |
| Norristown | $1,414 | 4% |
| King of Prussia | $1,636 | 1% |
| Wynnewood | $1,992 | -3% |
| Bala Cynwyd | $2,186 | 5% |
| Collegeville | $1,643 | 3% |
For more information about the King of Prussia rental trends, check out our monthly rent report
Check out Pennsylvania Cities, Pennsylvania Neighborhoods and Pennsylvania Zip Codes for more details on verified listings, including the Pennsylvania Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!