40 Apartments under 1200 for rent in Lansdale, PA

Last updated August 18 at 3:24pm UTC
601 N BROAD STREET
Lansdale
Lansdale, PA
Updated August 16 at 10:25pm UTC
Studio
$700
Results within 5 miles of Lansdale, PA
The Addison
700 Lower State Rd
North Wales, PA
Updated August 18 at 3:24pm UTC
1 Bedroom
$1,119
2 Bedrooms
$1,265
203 W BROAD STREET
Souderton
Souderton, PA
Updated August 2 at 6:57am UTC
1 Bedroom
$950
Results within 10 miles of Lansdale, PA
93 E Reliance Rd
Telford
Telford, PA
Updated August 15 at 5:24pm UTC
2 Bedrooms
$1,195
126 BETHLEHEM PIKE
, PA
Updated July 14 at 6:49am UTC
1 Bedroom
$900

August 2018 Lansdale Rent Report

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

View full Lansdale Rent Report
Rent Report
Lansdale

August 2018 Lansdale Rent Report

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

Lansdale rents increased significantly over the past month

Lansdale rents have increased 0.5% over the past month, and have increased significantly by 4.7% in comparison to the same time last year. Currently, median rents in Lansdale stand at $1,310 for a one-bedroom apartment and $1,580 for a two-bedroom. This is the sixth straight month that the city has seen rent increases after a decline in January. Lansdale's year-over-year rent growth leads the state average of 0.9%, as well as the national average of 1.2%.

Rents rising across cities in Pennsylvania

Throughout the past year, rent increases have been occurring not just in the city of Lansdale, but across the entire state. Of the largest 10 cities that we have data for in Pennsylvania, 9 of them have seen prices rise. The state as a whole logged rent growth of 0.9% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, West Chester is the most expensive of all Pennsylvania's major cities, with a median two-bedroom rent of $1,590; of the 10 largest cities in the state that we have data for, Pittsburgh, where a two-bedroom goes for $920, is the only major city to see rents fall year-over-year (-0.7%).
  • Monroeville, Lansdale, and Norristown have all experienced year-over-year growth above the state average (4.7%, 4.7%, and 2.6%, respectively).

Many large cities nationwide show more affordable rents compared to Lansdale

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

  • Lansdale's median two-bedroom rent of $1,580 is above the national average of $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the 4.7% increase in Lansdale.
  • While Lansdale's rents rose significantly over the past year, some cities nationwide saw decreases, including Seattle (-2.4%) and Chicago (-1.8%).
  • Renters will generally find more expensive prices in Lansdale than most large cities. For example, Detroit has a median 2BR rent of $890, where Lansdale 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% 0.8%
Levittown $1,200 $1,450 0.0% 0.3%
Norristown $1,150 $1,390 0.7% 2.6%
Drexel Hill $900 $1,080 -0.3% 0.6%
Pottstown $800 $1,000 -1.0% 1.1%
King of Prussia $1,260 $1,520 0.9% 2.1%
West Chester $1,320 $1,590 0.8% 1.1%
Lansdale $1,310 $1,580 0.5% 4.7%
Ardmore $1,190 $1,440 0.6% 1.3%

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.