North Wales, 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 North Wales, Pennsylvania rental market.

North Wales, Pennsylvania

Average Apartment Rent

$1,936

Y-o-Y Change in Average
Apartment Rent

-2.2%

As of May 2026

Compared to a year ago, North Wales, Pennsylvania apartments have recorded a -2.2% rent decrease.

North Wales, 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
North Wales $1,881 $1,902 $1,872 $1,903 $1,935 $1,928 $1,976 $1,904 $1,905
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
North Wales
National
Jul 2023
$1,881
$1,741
Nov 2023
$1,902
$1,732
Mar 2024
$1,872
$1,736
Jul 2024
$1,903
$1,756
Nov 2024
$1,935
$1,749
Mar 2025
$1,928
$1,755
Jul 2025
$1,976
$1,767
Nov 2025
$1,904
$1,753
Mar 2026
$1,905
$1,750

North Wales, Pennsylvania Average Apartment Rent

North Wales, 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 34.75%, apartments priced $1,500 - $2,000 represent the bulk of North Wales, Pennsylvania rentals, while condos priced Over $3,000 hold the lowest share of the market – 1.09%.

North Wales, Pennsylvania Housing tenure**

Renter occupied housing units 395
Owner occupied housing units 1,069

Renters take up 27% of North Wales, Pennsylvania real estate, occupying a total of 395 units, while homeowners live in 1,069 properties.

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

4

Renter median household income**

$60,625

Average household size of renter-occupied housing units**

1.98

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

1 bed 174
2 beds 202
3 beds 19

There are 202 rentals in North Wales, Pennsylvania with 2 beds making up the highest share of the market, at 51%. Units with 3 beds, on the other hand, hold the lowest percentage (5%), amounting to 19 units. Overall, the median number of rooms in North Wales, Pennsylvania homes for rent is 4.

North Wales, Pennsylvania Renter-occupied units by age of householder**

15 - 24 years 46
25 - 34 years 256
35 - 44 years 54
45 - 54 years 15
65 - 74 years 24

Most condos for rent in North Wales, Pennsylvania are occupied by residents in the 25 - 34 years age group (65%), followed by those in the 35 - 44 years age group (14%). At the same time, people in the 45 - 54 years age group make up the lowest share of the local rental market – 4%.

North Wales, Pennsylvania Renter-occupied housing units by family type**

Family households 147
Non-Family Households 248

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

With related children of the householder under 18 100
No related children of the householder under 18 295

A total of 147 apartments for rent in North Wales, Pennsylvania, or 37% of all rentals are family households. Additionally, 25% of rental homes include children under the age of 18 – that’s 100 units. All in all, the median size of a renter-occupied household in North Wales, Pennsylvania is 1.98.

North Wales, Pennsylvania Renter-occupied housing units by educational attainment**

High school graduate (including equivalency) 173
Some college or associate's degree 172
Bachelor's degree or higher 50

In terms of education, renters holding bachelor degrees or higher make up 13% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in North Wales, Pennsylvania.

North Wales, Pennsylvania Renter-occupied units by year structure built**

Built 1990 - 1999 46
Built 1980 - 1989 16
Built 1960 - 1969 9
Built 1950 - 1959 93
Built 1940 - 1949 69
Built 1939 or earlier 162

The highest share of North Wales, Pennsylvania apartment rentals, namely 41% or 162 units, were Built 1939 or earlier, followed by those Built 1950 - 1959 (24%, 93 units), and the ones Built 1940 - 1949 (17%, 69 units).

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

Moved in 2021 or later 37
Moved in 2018 to 2020 141
Moved in 2010 to 2017 159
Moved in 2000 to 2009 58

Median year renter moved into unit 2017

Most North Wales, Pennsylvania renters (40%) moved in 2010 to 2017, while only 9% of them moved in 2021 or later. Overall, the median year renters have occupied their North Wales, Pennsylvania condos for rent is 2017.

North Wales, Pennsylvania Renter-occupied housing units by vehicles available**

No vehicle available 12
1 vehicle available 280
2 vehicles available 93
3 or more vehicles available 10

When it comes to transportation options, 71% of North Wales, Pennsylvania renters have 1 vehicle available per household, 24% of them have 2 vehicles available, and 3% have No vehicle available.

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

Car, truck, or van - drove alone 381
Car, truck, or van - carpooled 29
Public transportation (excluding taxicab) 34
Walked 95

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

Same house as 1 year ago 707
Moved within same county 37
Moved from abroad 38

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 North Wales, 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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