Norristown, PA Rental Market Trends
What is the average rent in Norristown?
The average rent for an apartment in Norristown is $1,399, a 2% increase compared to the previous year, when the average rent was $1,367. Read the full Rent Report to learn more details on how apartment rents compare to other locations in the area, and what are the most affordable or most expensive cities for renting around Philadelphia, PA.
Average Rent in Norristown, PA
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,399||2%||889 sq. ft.|
What is the average apartment size in Norristown?
The average size for a Norristown, PA apartment is 889 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.
Norristown, PA Apartment Rent Ranges
- > $2,0004%
Norristown, PA Occupied Housing Units
- Renter-occupied Households37%
- Owner-occupied Households62%
4,770 or 37% of the households in Norristown, PA are renter-occupied while 8,096 or 62% are owner-occupied.
Norristown, PA Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Jun / 2021|
How Norristown Compares to Other Cities
|Average Rent||Y-o-Y Change|
|King of Prussia||$1,672||2%|