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2 Studio Apartments for rent in West Chester, PA

Last updated November 15 at 7:34pm UTC
Results within 5 miles of West Chester, PA
1036 Wilmington Pike
Chester County
Chester County, PA
Updated November 15 at 9:41am UTC
Studio
$950

November 2018 West Chester Rent Report

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

View full West Chester Rent Report
Rent Report
West Chester

November 2018 West Chester Rent Report

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

West Chester rents held steady over the past month

West Chester rents have remained flat over the past month, however, they are up moderately by 3.5% year-over-year. Currently, median rents in West Chester stand at $1,320 for a one-bedroom apartment and $1,590 for a two-bedroom. West Chester's year-over-year rent growth leads the state and national averages, which both stand at 1.1%.

Rents rising across the Philadelphia Metro

Throughout the past year, rent increases have been occurring not just in the city of West Chester, but across the entire metro. Of the largest 10 cities that we have data for in the Philadelphia metro, 8 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 $1,000; additionally, the city has seen rent growth of 2.0% over the past month, the fastest in the metro.
  • Over the past year, Ardmore has seen the biggest rent drop in the metro, with a decline of 0.8%. Median two-bedrooms there cost $1,420, while one-bedrooms go for $1,180.
  • West Chester has the most expensive rents of the largest cities in the Philadelphia metro, with a two-bedroom median of $1,590; rents were up 0.1% over the past month and 3.5% over the past year.

Many large cities nationwide show more affordable rents compared to West Chester

As rents have increased moderately in West Chester, 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, West Chester is less affordable for renters.

  • Rents increased slightly in other cities across the state, with Pennsylvania as a whole logging rent growth of 1.1% over the past year. For example, rents have grown by 1.1% in Pittsburgh.
  • West Chester's median two-bedroom rent of $1,590 is above the national average of $1,180. Nationwide, rents have grown by 1.1% over the past year compared to the 3.5% rise in West Chester.
  • While West Chester's rents rose moderately over the past year, the city of Seattle saw a decrease of 1.3%.
  • Renters will generally find more expensive prices in West Chester than most large cities. For example, Detroit has a median 2BR rent of $890, where West Chester 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 0.2% 1.0%
Camden $940 $1,130 0.2% 0.5%
Levittown $1,210 $1,460 0.8% -0.5%
Norristown $1,160 $1,410 -0.1% 5.6%
Drexel Hill $900 $1,080 0.1% 0.5%
Pottstown $800 $1,000 2.0% 2.4%
King of Prussia $1,260 $1,520 -0.5% 2.6%
West Chester $1,320 $1,590 0.1% 3.5%
Lansdale $1,310 $1,580 0.0% 6.2%
Ardmore $1,180 $1,420 -0.7% -0.8%
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.