Over the Nov 2022, the average rent for an apartment in/near Kensington, Philadelphia, PA decreased by 7.9% to $1,722.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 13.3% to $1,356. Pricing for 2-bed apartment also decreased by 8.8% and a place of this size will now cost you $1,661. 3-bed apartment rent pricing starts at $1,989, it decreased by 14.1% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 14% and made it down to $2,565.
The median rent for an apartment in Kensington, Philadelphia, PA decreased by 4.4% to $1,648. Statistics show that house rent price decreased by 15.9% this month making it up to $1,794. Condo for rent is now available for the same pricing as previously — $1,598. The median rent for a loft did not face significant changes this time, it now still goes for $1,399. If you’re looking for a room, the price tag still starts at $1,067. The median price did not change this time. The median rent for a townhouse decreased by 6.5%, you’ll have to spend around $1,853 to get one.