Rental market snapshot for Mount Airy West, Philadelphia
Mount Airy West rental market summary
The rental market in Mount Airy West, Pennsylvania is showing signs of growth. In July 2023, there were 172 new listings, a significant increase from the previous month. The median rent also increased from $1,350 in June 2023 to $1,390 in July 2023, representing a 3.0% increase. This is even more impressive when compared to the median rent in July 2022, which was $1,495, representing a 7.0% increase.
Overall, the rental market in Mount Airy West, Pennsylvania is showing signs of growth and stability. With an increasing number of listings and a steady rise in median rent, the rental market in the area is likely to remain strong in the coming months.
Median rent for all residential properties in Mount Airy West
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The most expensive listings and top trending buildings in Mount Airy West
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 533 Glen Echo Rd | $2,695 | 3 / 2.5 |
| 7200 Cresheim Rd | $2,000 | 3 / 1.5 |
| 229 W Upsal St | $1,900 | 2 / 2.0 |
| 259 W Johnson St | $1,850 | 3 / 2.0 |
| 510 Pelham Rd | $1,830 | 2 / 2.5 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| GY Properties | $1,381 |
| Elfant Pontz | $1,350 |
| Lindy Communities | $1,258 |
| Upsal Gardens | $1,195 |
| KC Management | $1,000 |
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Bedroom Breakdown in Mount Airy West
Mount Airy West neighborhood apartments rents
The rental market for studios in Mount Airy West, Pennsylvania, in July 2023 is stable. There were four new studio listings in July 2023, and the median rent for studios remained the same at $900. This indicates that the rental market for studios in Mount Airy West is not experiencing any significant changes in rent prices from June to July 2023.
The rental market for 1-bedroom apartments in Mount Airy West, Pennsylvania is showing signs of growth. In July 2023, there were 28 new 1-bedroom listings, a 1.8% increase in median rent from June 2023 to July 2023, and a median rent of $1,248. This indicates that the rental market is becoming more competitive and that demand for 1-bedroom apartments is increasing.
The rental market for 2-bedroom apartments in Mount Airy West, Pennsylvania is showing signs of growth. In July 2023, there were 21 new 2-bedroom listings, a 1.3% increase in median rent from June 2023 to July 2023, and a median rent of $1,595. This indicates that the rental market is becoming more competitive and that demand for 2-bedroom apartments is increasing.