Horsham, Pennsylvania Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Horsham, Pennsylvania rental market.

Horsham, Pennsylvania

Average Apartment Rent

$1,929

Y-o-Y Change in Average
Apartment Rent

3%

As of May 2026

Compared to a year ago, Horsham, Pennsylvania apartments have recorded a 3% rent increase.

Horsham, Pennsylvania Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Horsham $1,687 $1,745 $1,693 $1,748 $1,800 $1,824 $1,937 $1,941 $1,929
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Horsham
National
Jul 2023
$1,687
$1,741
Nov 2023
$1,745
$1,732
Mar 2024
$1,693
$1,736
Jul 2024
$1,748
$1,756
Nov 2024
$1,800
$1,749
Mar 2025
$1,824
$1,755
Jul 2025
$1,937
$1,767
Nov 2025
$1,941
$1,753
Mar 2026
$1,929
$1,750

Horsham, Pennsylvania Average Apartment Rent

Horsham, Pennsylvania Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 69.29%, apartments priced $1,500 - $2,000 represent the bulk of Horsham, Pennsylvania rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.81%.

Horsham, Pennsylvania Housing tenure**

Renter occupied housing units 1,745
Owner occupied housing units 3,929

Renters take up 31% of Horsham, Pennsylvania real estate, occupying a total of 1,745 units, while homeowners live in 3,929 properties.

Median number of rooms of renter-occupied housing units**

4

Renter median household income**

$61,909

Average household size of renter-occupied housing units**

2.66

Rental vacancy rate**

7.5%

Horsham, Pennsylvania Renter-occupied housing units by no. of bedrooms**

No bedrooms 20
1 bed 428
2 beds 1,012
3 beds 285

There are 1,012 rentals in Horsham, Pennsylvania with 2 beds making up the highest share of the market, at 58%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 20 units. Overall, the median number of rooms in Horsham, Pennsylvania homes for rent is 4.

Horsham, Pennsylvania Renter-occupied units by age of householder**

15 - 24 years 158
25 - 34 years 577
35 - 44 years 497
45 - 54 years 177
55 - 59 years 98
60 - 64 years 158
65 - 74 years 66
75 - 84 years 14

Most condos for rent in Horsham, Pennsylvania are occupied by residents in the 25 - 34 years age group (33%), followed by those in the 35 - 44 years age group (28%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.

Horsham, Pennsylvania Renter-occupied housing units by family type**

Family households 1,128
Non-Family Households 617

Horsham, Pennsylvania Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 785
No related children of the householder under 18 960

A total of 1,128 apartments for rent in Horsham, Pennsylvania, or 65% of all rentals are family households. Additionally, 45% of rental homes include children under the age of 18 – that’s 785 units. All in all, the median size of a renter-occupied household in Horsham, Pennsylvania is 2.66.

Horsham, Pennsylvania Renter-occupied housing units by educational attainment**

Less than high school graduate 341
High school graduate (including equivalency) 388
Some college or associate's degree 444
Bachelor's degree or higher 572

In terms of education, renters holding bachelor degrees or higher make up 33% of the rental market. In contrast, residents with less than a high school degree reside in 20% of the homes for rent in Horsham, Pennsylvania.

Horsham, Pennsylvania Renter-occupied units by year structure built**

Built 2020 or later 15
Built 2010 - 2019 68
Built 2000 - 2009 25
Built 1990 - 1999 60
Built 1980 - 1989 466
Built 1970 - 1979 481
Built 1960 - 1969 416
Built 1950 - 1959 47
Built 1940 - 1949 96
Built 1939 or earlier 71

The highest share of Horsham, Pennsylvania apartment rentals, namely 28% or 481 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (27%, 466 units), and the ones Built 1960 - 1969 (24%, 416 units).

Horsham, Pennsylvania Renter-occupied units by year householder moved in**

Moved in 2021 or later 141
Moved in 2018 to 2020 457
Moved in 2010 to 2017 831
Moved in 2000 to 2009 254
Moved in 1990 to 1999 23
Moved in 1989 or earlier 39

Median year renter moved into unit 2015

Most Horsham, Pennsylvania renters (48%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Horsham, Pennsylvania condos for rent is 2015.

Horsham, Pennsylvania Renter-occupied housing units by vehicles available**

No vehicle available 39
1 vehicle available 1,059
2 vehicles available 496
3 vehicles available 131
4 or more vehicles available 20

When it comes to transportation options, 61% of Horsham, Pennsylvania renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 8% have 3 vehicles available.

Horsham, Pennsylvania Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 2,026
Car, truck, or van - carpooled 146
Public transportation (excluding taxicab) 129
Walked 16
Worked at home 349

Horsham, Pennsylvania Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 4,186
Moved within same county 250
Moved from different county within same state 91
Moved from different state 122

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Horsham, Pennsylvania apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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