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24 Studio Apartments for rent in King of Prussia, PA

Last updated January 18 at 4:38pm UTC
Hanover King of Prussia
625 Goddard Boulevard
King of Prussia, PA
Updated January 18 at 12:39pm UTC
Studio
$1,433
Results within 1 miles of King of Prussia, PA
Results within 5 miles of King of Prussia, PA
Windermere Court
116 Windermere Ave
Devon, PA
Updated January 18 at 1:56pm UTC
Studio
$1,620
214 W 3RD AVENUE
Conshohocken
Conshohocken, PA
Updated January 18 at 1:22pm UTC
Studio
$700
135 PENNSYLVANIA AVE #SIDE
Delaware County
Delaware County, PA
Updated January 18 at 1:22pm UTC
Studio
$775
The Metropolitan Wynnewood
250 E Wynnewood Rd
Narberth, PA
Updated January 18 at 12:01pm UTC
Studio
$1,525
Results within 10 miles of King of Prussia, PA
The Metropolitan- Roxborough
7841 Ridge Ave
Philadelphia, PA
Updated January 18 at 1:41pm UTC
Studio
$1,160
Metropolitan Manayunk Hill
450 Domino Ln
Philadelphia, PA
Updated January 18 at 12:56pm UTC
Studio
$1,115
The Metropolitan Narberth Hall
300 N Essex Ave
Narberth, PA
Updated January 18 at 2:28pm UTC
Studio
$1,440
The Metropolitan Narberth Station
280 Haverford Avenue
Narberth, PA
Updated January 18 at 1:52pm UTC
Studio
$1,985
the metropolitan bala cynwyd
118 Montgomery Ave
Narberth, PA
Updated January 18 at 1:32pm UTC
Studio
$1,590
The Metropolitan Wynnefield
5000 Woodbine Ave
Philadelphia, PA
Updated January 18 at 12:09pm UTC
Studio
$1,020
3950 GERMANTOWN PIKE #1ST FLOOR
Evansburg
Evansburg, PA
Updated January 18 at 1:22pm UTC
Studio
$3,000
313 W GERMANTOWN PIKE
Montgomery County
Montgomery County, PA
Updated January 18 at 1:22pm UTC
Studio
$1,600
4003 1ST AVE
Montgomery County
Montgomery County, PA
Updated January 18 at 1:22pm UTC
Studio
$995
2014 DARBY RD
Delaware County
Delaware County, PA
Updated January 18 at 1:22pm UTC
Studio
$1,800

January 2019 King of Prussia Rent Report

Welcome to the January 2019 King of Prussia Rent Report. King of Prussia rents increased 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 2019 King of Prussia Rent Report

Welcome to the January 2019 King of Prussia Rent Report. King of Prussia rents increased 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 increase sharply over the past month

King of Prussia rents have increased 1.5% over the past month, and have increased significantly by 4.8% in comparison to the same time last year. Currently, median rents in King of Prussia stand at $1,270 for a one-bedroom apartment and $1,530 for a two-bedroom. King of Prussia's year-over-year rent growth leads the state average of 0.7%, as well as the national average of 0.9%.

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, 9 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Levittown has the most expensive rents in the Philadelphia metro, with a two-bedroom median of $1,620; the city has also seen rent growth of 11.1% over the past year, the fastest in the metro.
  • Over the past year, Lansdowne is the only city in the metro that has seen rents fall, with a decline of 7.4%. Median two-bedrooms there cost $1,060, while one-bedrooms go for $870.
  • Pottstown has the least expensive rents in the Philadelphia metro, with a two-bedroom median of $990; rents fell 2.7% over the past month but rose 1.0% 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. Compared to most large cities across the country, King of Prussia is less affordable for renters.

  • Rents increased slightly in other cities across the state, with Pennsylvania as a whole logging rent growth of 0.7% over the past year. For example, rents have grown by 1.9% in Pittsburgh.
  • King of Prussia's median two-bedroom rent of $1,530 is above the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 4.8% increase in King of Prussia.
  • While King of Prussia's rents rose significantly over the past year, many cities nationwide also saw increases, including New York (+2.7%), San Francisco (+2.4%), and DC (+2.0%).
  • Renters will generally find more expensive prices in King of Prussia than most large cities. For example, Detroit has a median 2BR rent of $900, 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 $1,170 0.1% 1.3%
Wilmington $1,040 $1,260 -0.1% 3.1%
Levittown $1,350 $1,620 10.7% 11.1%
Norristown $1,160 $1,400 0.4% 5.1%
Drexel Hill $900 $1,090 0.4% 0.7%
Pottstown $790 $990 -2.7% 1.0%
King of Prussia $1,270 $1,530 1.5% 4.8%
West Chester $1,320 $1,590 -0.0% 3.6%
Lansdale $1,340 $1,610 2.5% 10.0%
Lansdowne $870 $1,060 -7.1% -7.4%

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.