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Rental Market Trends in Elkins Park, PA

What is the average rent in Elkins Park, PA?

$1,534/month

Average Rent

637 Sq Ft

Average Apartment Size

+14.7%

Increase in the Last Year

As of October 2025, the average rent in Elkins Park, PA is $1,534 per month. For comparison, the national average rent price in the US is currently $1,630/month, which means Elkins Park rent prices are 6% lower than the national average. When you rent an apartment in Elkins Park, you can expect to pay about $926 per month for a studio, $1,534 for a one-bedroom apartment, and around $1,675 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,427 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$926/month
523 Sq Ft
One Bedroom
$1,534/month
637 Sq Ft
Two Bedroom
$1,675/month
843 Sq Ft
Three Bedroom
$2,427/month
1,140 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,530/month
1,101 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 Elkins Park, PA?

In the past year, rent has increased by 14.7%, which averages out to $226 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
Market Trends Over Time

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Elkins Park?

Based on current rent prices, Lynnewood Gardens and Breyer Woods" are the most affordable neighborhoods in Elkins Park.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lynnewood Gardens
$1,447/month
614 Sq Ft
Breyer Woods
$1,475/month
578 Sq Ft

What are the most expensive neighborhoods in Elkins Park?

Based on current rent prices, Breyer Woods and Lynnewood Gardens" are the most expensive neighborhoods in Elkins Park.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Breyer Woods
$1,475/month
578 Sq Ft
Lynnewood Gardens
$1,447/month
614 Sq Ft

Which Elkins Park neighborhoods have the most rentals available?

The neighborhoods in Elkins Park with the most apartments available are Breyer Woods and Lynnewood Gardens" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Breyer Woods
$1,475/month
578 Sq Ft
Lynnewood Gardens
$1,447/month
614 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Elkins Park, PA?

Because the average rent in Elkins Park is $1,534, you’ll want to make about $5,113 per month or $61,356 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.

City

Elkins Park, PA

339 Available Apartments for Rent

Search for Nearby Apartments

How does Elkins Park, PA compare to other nearby cities and neighborhoods?

Use the tool below to compare Elkins Park, 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.

Explore the Area Guide for Elkins Park, PA

Apartment Averages

Lynnewood Gardens

Elkins Park, PA

Breyer Woods

Elkins Park, PA

Studio
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends

  • Melrose Park Average Rent
  • Wyncote Average Rent
  • Jenkintown Average Rent
  • Glenside Average Rent

Apartment communities in Elkins Park we think you'll love

Lynnewood Gardens

Lynnewood Gardens

1950 Ashbourne Rd,
Elkins Park, PA 19027

$1,385 - $2,580

1-3 Beds

100 York Apartments

100 York Apartments

100 Old York Rd,
Jenkintown, PA 19046

$1,320 - $2,465

Studio - 3 Beds

Brookview Apartments

Brookview Apartments

1235 Ashbourne Rd,
Elkins Park, PA 19027

$1,625 - $2,455

1-3 Beds

Bromley House

Bromley House

6901-6907 Old York Rd,
Philadelphia, PA 19126

$1,513 - $1,782

Studio - 2 Beds

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United States Pennsylvania Elkins Park Rental Trends

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.

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Equal Housing Opportunity