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102 Studio Apartments for rent in Ardmore, PA

Last updated September 25 at 3:41am UTC
Results within 1 miles of Ardmore, PA
Results within 5 miles of Ardmore, PA
4935 Spruce St Apt D10
Walnut Hill
Philadelphia, PA
Updated September 24 at 2:41pm UTC
Studio
$799
129 GRAPE STREET
Manayunk
Philadelphia, PA
Updated September 21 at 6:32am UTC
Studio
$925
5321 W GIRARD AVENUE
Carroll Park
Philadelphia, PA
Updated September 18 at 12:58pm UTC
Studio
$635
126 MAPLE STREET
Conshohocken
Conshohocken, PA
Updated September 12 at 3:10am UTC
Studio
$700
238 south 54th
Cobbs Creek
Philadelphia, PA
Updated July 1 at 6:20pm UTC
Studio
$6,000
Results within 10 miles of Ardmore, PA
1600 Callowhill
1600 Callowhill Street
Philadelphia, PA
Updated September 25 at 12:17am UTC
Studio
$1,850
Rittenhouse Claridge
201 S 18th St
Philadelphia, PA
Updated September 25 at 12:16am UTC
Studio
$1,475
Hanover King of Prussia
625 Goddard Boulevard
King of Prussia, PA
Updated September 25 at 1:34am UTC
Studio
$1,431

September 2018 Ardmore Rent Report

Welcome to the September 2018 Ardmore Rent Report. Ardmore rents remained steady over the past month. In this report, we'll evaluate trends in the Ardmore rental market, including comparisons to cities throughout the state and nation.

View full Ardmore Rent Report
Rent Report
Ardmore

September 2018 Ardmore Rent Report

Welcome to the September 2018 Ardmore Rent Report. Ardmore rents remained steady over the past month. In this report, we'll evaluate trends in the Ardmore rental market, including comparisons to cities throughout the state and nation.

Ardmore rents held steady over the past month

Ardmore rents have remained flat over the past month, however, they are up marginally by 0.7% year-over-year. Currently, median rents in Ardmore stand at $1,190 for a one-bedroom apartment and $1,440 for a two-bedroom. Ardmore's year-over-year rent growth is level with the state average of 0.7%, but lags the national average of 1.0%.

Rents rising across cities in the Philadelphia Metro

Throughout the past year, rent increases have been occurring not just in the city of Ardmore, but across the entire metro. Of the largest 10 cities that we have data for in the Ardmore metro, 8 of them have seen prices rise. Pennsylvania as a whole logged rent growth of 0.7% over the past year. Here's a look at how rents compare across some of the largest cities in the metro.

  • Looking throughout the metro, West Chester is the most expensive of all Ardmore metro's major cities, with a median two-bedroom rent of $1,590; of the 10 largest cities in Pennsylvania metro that we have data for, Pittsburgh and Pottstown, where two-bedrooms go for $910 and $990, are the only two major cities in the metro to see rents fall year-over-year (-0.8% and -0.3%).
  • Lansdale, Norristown, and King of Prussia have all experienced year-over-year growth above the state average (5.9%, 4.1%, and 2.1%, respectively).

Many large cities nationwide show more affordable rents compared to Ardmore

As rents have increased marginally in Ardmore, large cities nationwide have seen rents grow more quickly. Compared to most large cities across the country, Ardmore is less affordable for renters.

  • Ardmore's median two-bedroom rent of $1,440 is above the national average of $1,180. Nationwide, rents have grown by 1.0% over the past year compared to the 0.7% rise in Ardmore.
  • While Ardmore's rents rose marginally over the past year, some cities nationwide saw decreases, including Seattle (-2.4%) and Chicago (-1.6%).
  • Renters will generally find more expensive prices in Ardmore than most large cities. For example, Detroit has a median 2BR rent of $890, where Ardmore is more than one-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Philadelphia $970 $1,170 -0.1% 0.4%
Camden $940 $1,130 0.2%
Norristown $1,160 $1,410 0.8% 4.1%
Drexel Hill $890 $1,080 -0.4% 0.4%
Pottstown $790 $990 -1.1% -0.3%
King of Prussia $1,260 $1,520 0.5% 2.1%
West Chester $1,320 $1,590 0.3% 1.8%
Lansdale $1,310 $1,590 0.6% 5.9%
Ardmore $1,190 $1,440 0.0% 0.7%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.