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Last updated August 27 2019 at 2:48 PM

220 3 Bedroom Apartments for rent in King of Prussia, PA

Last updated December 16 at 02:48am
Roxborough
1 Unit Available
4361 FREELAND AVENUE
4361 Freeland Avenue, Philadelphia, PA
Available 7/1! Enjoy all Manayunk has to offer in this spacious 5 bed, 2.5 bath property! Pictures coming soon if property is still available. Schedule to show today!
Last updated December 16 at 02:48am
Manayunk
1 Unit Available
156 ROXBOROUGH AVENUE
156 Roxborough Avenue, Philadelphia, PA
One of MANAYUNK'S BEST RENTAL--3 story, 4 bedroom townhome very close to Main Street, St. Josephs University and Philadelphia University. Roomy living room, formal dining room, modern kitchen with lots of cabinets, dishwasher, washer-dryer and frig.
Last updated December 16 at 02:48am
1 Unit Available
406 HOFFMAN ROAD
406 Hoffman Road, Montgomery County, PA
Hugh & Beautiful, 5 bedroom, 5.5 bath home with many upgraded features, located in Lederach Fairway Golf Club. Custom hardwood floors on the 1st floor, recessed lights all over, crown moldings and chair rails.
Last updated December 16 at 02:49am
Wynnewood
1 Unit Available
1362 OVERBROOK RD
1362 Overbrook Road, Penn Wynne, PA
3 Bedrooms
$3,350
This beautiful stone colonial nestled just off Haverford Rd in the highly sought after Wynnewood section of Lower Merion Township is ready for it's new caretakers.

December 2019 King of Prussia Rent Report

Welcome to the December 2019 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 Rent Report

December 2019 King of Prussia Rent Report

Welcome to the December 2019 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 moderately over the past month

King of Prussia rents have declined 0.3% over the past month, and are down moderately by 0.9% in comparison to the same time last year. Currently, median rents in King of Prussia stand at $1,272 for a one-bedroom apartment and $1,536 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in September. King of Prussia's year-over-year rent growth lags the state average of 0.7%, as well as the national average of 1.4%.

    Rents rising across the Philadelphia Metro

    While rent prices have decreased in King of Prussia over the past year, the rest of the metro is seeing the opposite trend. Rents have risen in 9 of the largest 10 cities in the Philadelphia metro for which we have data. 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 $991; additionally, the city has seen rent growth of 1.3% over the past month, the fastest in the metro.
    • Over the past year, King of Prussia is the only city in the metro that has seen rents fall, with a decline of 0.9%. Median two-bedrooms there cost $1,536, while one-bedrooms go for $1,272.

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

    As rents have fallen moderately in King of Prussia, many large cities nationwide have seen prices increase, in some cases substantially. Compared to most large cities across the country, King of Prussia is less affordable for renters.

    • Other cities across the state have seen rents increase, with Pennsylvania as a whole logging rent growth of 0.7% over the past year. For example, rents have grown by 0.7% in Allentown and 0.3% in Pittsburgh.
    • King of Prussia's median two-bedroom rent of $1,536 is above the national average of $1,191. Nationwide, rents have grown by 1.4% over the past year compared to the 0.9% decline in King of Prussia.
    • While rents in King of Prussia fell moderately over the past year, many cities nationwide saw increases, including Boston (+1.9%), Columbus (+1.7%), and Seattle (+1.6%).
    • Renters will generally find more expensive prices in King of Prussia than most large cities. For example, Detroit has a median 2BR rent of $896, 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
    $970
    $1,180
    0.2%
    0.3%
    Wilmington
    $1,070
    $1,290
    0.2%
    2.4%
    Levittown
    $1,350
    $1,630
    1.2%
    1%
    Norristown
    $1,200
    $1,450
    0.6%
    3.2%
    Newark
    $1,130
    $1,370
    1.1%
    2.4%
    Drexel Hill
    $910
    $1,100
    0.1%
    1.1%
    Pottstown
    $790
    $990
    1.3%
    1.2%
    King of Prussia
    $1,270
    $1,540
    -0.3%
    -0.9%
    West Chester
    $1,320
    $1,600
    0.3%
    0
    Lansdale
    $1,470
    $1,780
    -1.2%
    9.2%
    Lansdowne
    $880
    $1,060
    0
    0.7%
    Doylestown
    $1,400
    $1,700
    0.7%
    0.1%
    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.

    Similar Pages

    King of Prussia 1 BedroomsKing of Prussia 2 BedroomsKing of Prussia 2 Bedrooms 2 BathroomsKing of Prussia 3 Bedrooms

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