Norristown Town, PA Rental Market Trends
The average rent for an apartment in Norristown Town is $1,361, a 4% increase compared to the previous year, when the average rent was $1,309.
Average Rent in Norristown Town, PA
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,361||4%||863 sq. ft.|
The average size for a Norristown Town, PA apartment is 863 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 Town, PA Apartment Rent Ranges
- > $2,0001%
Norristown Town, PA Occupied Housing Units
- Renter-occupied Households39%
- Owner-occupied Households60%
6,409 or 39% of the households in Norristown Town, PA are renter-occupied while 9,807 or 60% are owner-occupied.
Norristown Town, PA Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
How Norristown Town Compares to Other Cities
|Average Rent||Y-o-Y Change|
|King of Prussia||$1,641||2%|
For more information about the Norristown Town rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!