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21 2 Bedroom Apartments for rent in King of Prussia, PA

Last updated January 18 at 12:38am UTC
20826 VALLEY FORGE CIRCLE
King of Prussia
King of Prussia, PA
Updated January 16 at 9:37am UTC
2 Bedrooms
$1,600
10318 VALLEY FORGE CIRCLE
King of Prussia
King of Prussia, PA
Updated January 3 at 11:44am UTC
2 Bedrooms
$2,000
Results within 1 miles of King of Prussia, PA
450 Green
450 Forrest Ave
Norristown, PA
Updated January 17 at 11:42pm UTC
2 Bedrooms
$1,150
Westgate Arms
1521 W Main St
Bridgeport, PA
Updated January 17 at 11:42pm UTC
2 Bedrooms
$1,175
240 DRUMMERS LANE
, PA
Updated January 3 at 11:45am UTC
2 Bedrooms
$1,350
456 BUSH STREET
Bridgeport
Bridgeport, PA
Updated January 5 at 2:01am UTC
2 Bedrooms
$1,350
81 DRUMMERS LANE
, PA
Updated January 10 at 2:24am UTC
2 Bedrooms
$1,250
288 Drummers Ln
, PA
Updated January 11 at 12:10pm UTC
2 Bedrooms
$1,350
526 STANBRIDGE STREET
Norristown
Norristown, PA
Updated January 3 at 11:50am UTC
2 Bedrooms
$950
8 N WHITEHALL ROAD
Norristown
Norristown, PA
Updated January 3 at 11:43am UTC
2 Bedrooms
$1,500
134 Wayne Ave
Norristown
Norristown, PA
Updated January 3 at 1:50am UTC
2 Bedrooms
$900
910 W MARSHALL STREET
Norristown
Norristown, PA
Updated January 3 at 11:45am UTC
2 Bedrooms
$1,350
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January 2018 King of Prussia Rent Report

Welcome to the January 2018 King of Prussia Rent Report. King of Prussia rents declined over the past month. In this report, we'll evaluate trends in the King of Prussia rental market, including comparisons to cities throughout the metro, state, and nation.

View full King of Prussia Rent Report
Rent Report
King of Prussia

January 2018 King of Prussia Rent Report

Welcome to the January 2018 King of Prussia Rent Report. King of Prussia rents declined over the past month. In this report, we'll evaluate trends in the King of Prussia rental market, including comparisons to cities throughout the metro, state, and nation.

King of Prussia rents declined slightly over the past month

King of Prussia rents have declined 0.2% over the past month, but are up significantly by 4.4% in comparison to the same time last year. Currently, median rents in King of Prussia stand at $1,210 for a one-bedroom apartment and $1,460 for a two-bedroom. This is the fourth straight month that the city has seen rent decreases after an increase in August. King of Prussia's year-over-year rent growth leads the state average of 2.1%, as well as the national average of 2.8%.

Rents rising across the Philadelphia Metro

Throughout the past year, rent increases have been occurring not just in the city of King of Prussia, but across the entire metro. Of the largest 10 cities that we have data for in the Philadelphia metro, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Pottstown has the least expensive rents in the Philadelphia metro, with a two-bedroom median of $980; additionally, the city has seen rent growth of 0.6% over the past month, the fastest in the metro.
  • Over the past month, Lansdale has seen the biggest rent drop in the metro, with a decline of 1.0%. Median two-bedrooms there cost $1,470, while one-bedrooms go for $1,210.
  • West Chester has the most expensive rents of the largest cities in the Philadelphia metro, with a two-bedroom median of $1,540; rents fell 0.1% over the past month but rose 1.6% over the past year.

Many large cities nationwide show more affordable rents compared to King of Prussia

As rents have increased significantly in King of Prussia, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, King of Prussia is less affordable for renters.

  • Rents increased in other cities across the state, with Pennsylvania as a whole logging rent growth of 2.1% over the past year. For example, rents have grown by 0.1% in Pittsburgh.
  • King of Prussia's median two-bedroom rent of $1,460 is above the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 4.4% rise in King of Prussia.
  • While King of Prussia's rents rose significantly over the past year, the city of DC saw a decrease of 0.3%.
  • Renters will generally find more expensive prices in King of Prussia than most large cities. For example, Detroit has a median 2BR rent of $890, where King of Prussia 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 $960 $1,160 0.2% 1.1%
Camden $940 $1,130 0.0% 0.5%
Wilmington $1,010 $1,220 0.2% 4.3%
Levittown $1,210 $1,460 -0.2% 3.0%
Norristown $1,110 $1,340 0.3% 5.5%
Drexel Hill $890 $1,080 0.1% 1.0%
Pottstown $790 $980 0.6% 1.1%
King of Prussia $1,210 $1,460 -0.2% 4.4%
West Chester $1,270 $1,540 -0.1% 1.6%
Lansdale $1,210 $1,470 -1.0% 4.0%
See more

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.