King Of Prussia, Pennsylvania Rental Market Trends
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 King Of Prussia, Pennsylvania rental market.
King Of Prussia, Pennsylvania
Average Apartment Rent
$2,166
Y-o-Y Change in Average
Apartment Rent
5.2%
As of March 2026
Compared to a year ago, King Of Prussia, Pennsylvania apartments have recorded a 5.2% rent increase.
King Of Prussia, Pennsylvania Average apartment rent trend
King Of Prussia, Pennsylvania Average Apartment Rent
King Of Prussia, Pennsylvania Apartment rent ranges
At 34.98%, apartments priced $2,000 - $2,500 represent the bulk of King Of Prussia, Pennsylvania rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 8.63%.
King Of Prussia, Pennsylvania Housing tenure**
Renters take up 51% of King Of Prussia, Pennsylvania real estate, occupying a total of 5,656 units, while homeowners live in 5,508 properties.
Median number of rooms of renter-occupied housing units**
3.2
Renter median household income**
$93,022
Average household size of renter-occupied housing units**
1.83
Rental vacancy rate**
10.4%
King Of Prussia, Pennsylvania Renter-occupied housing units by no. of bedrooms**
There are 2,624 rentals in King Of Prussia, Pennsylvania with 1 bed making up the highest share of the market, at 46%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 59 units. Overall, the median number of rooms in King Of Prussia, Pennsylvania homes for rent is 3.2.
King Of Prussia, Pennsylvania Renter-occupied units by age of householder**
Most condos for rent in King Of Prussia, Pennsylvania are occupied by residents in the 25 - 34 years age group (46%), followed by those in the 35 - 44 years age group (17%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
King Of Prussia, Pennsylvania Renter-occupied housing units by family type**
King Of Prussia, Pennsylvania Renter-occupied housing units by the presence of own children**
A total of 2,159 apartments for rent in King Of Prussia, Pennsylvania, or 38% of all rentals are family households. Additionally, 20% of rental homes include children under the age of 18 – that’s 1,132 units. All in all, the median size of a renter-occupied household in King Of Prussia, Pennsylvania is 1.83.
King Of Prussia, Pennsylvania Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 77% of the rental market. In contrast, residents with less than a high school degree reside in 2% of the homes for rent in King Of Prussia, Pennsylvania.
King Of Prussia, Pennsylvania Renter-occupied units by year structure built**
The highest share of King Of Prussia, Pennsylvania apartment rentals, namely 27% or 1,544 units, were Built 2010 - 2019, followed by those Built 1980 - 1989 (20%, 1,125 units), and the ones Built 1970 - 1979 (15%, 845 units).
King Of Prussia, Pennsylvania Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most King Of Prussia, Pennsylvania renters (47%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their King Of Prussia, Pennsylvania condos for rent is 2019.
King Of Prussia, Pennsylvania Renter-occupied housing units by vehicles available**
When it comes to transportation options, 57% of King Of Prussia, Pennsylvania renters have 1 vehicle available per household, 30% of them have 2 vehicles available, and 11% have No vehicle available.
King Of Prussia, Pennsylvania Means of transportation to work of householders living in renter-occupied housing units**
King Of Prussia, Pennsylvania Geographical mobility in the past year for householders living in renter-occupied housing units**
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 King Of Prussia, 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
