MI Place at Downingtown
800 Horseshoe Pike,
Downingtown, PA 19335
$1,800 - $3,460
1-3 Beds
Rental Market Trends in Downingtown, PA
What is the average rent in Downingtown, PA?
$1,735/month
Average Rent
803 Sq Ft
Average Apartment Size
+1.8%
Increase in the Last Year
As of October 2025, the average rent in Downingtown, PA is $1,735 per month. For comparison, the national average rent price in the US is currently $1,630/month, which means Downingtown rent prices are 6% higher than the national average. When you rent an apartment in Downingtown, you can expect to pay about $1,520 per month for a studio, $1,735 for a one-bedroom apartment, and around $2,006 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,838 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Downingtown, PA?
In the past year, rent has increased by 1.8%, which averages out to $32 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024
2025
Rent Ranges in Downingtown, PA
Last Updated October 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
40%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
27%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Downingtown?
Based on current rent prices, Meadowlake is the most affordable neighborhood in Downingtown.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Downingtown?
Based on current rent prices, Meadowlake is the most expensive neighborhood in Downingtown.
Neighborhood
Average Rent
Average Sq Ft
Which Downingtown neighborhoods have the most rentals available?
The neighborhood in Downingtown with the most apartments available is Meadowlake .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Downingtown, PA?
Because the average rent in Downingtown is $1,735, you’ll want to make about $5,783 per month or $69,396 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Downingtown, PA compare to other nearby cities and neighborhoods?
Use the tool below to compare Downingtown, PA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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Three Bedroom
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.
* Percentages may not total 100 due to rounding.