Chestnut Hill, Philadelphia, Philadelphia County, PA Rental Market Trends
Last updated: May 19, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Chestnut Hill is $1,943, a 0.23% increase compared to the previous year, when the average rent was $1,939.
One-bedroom apartments provide 774 square feet for $1,693, balancing privacy and affordability.
Two-beedroom units at $2,173 offer 1,121 square feet, perfect for roommates or small families.
Average rent in Chestnut Hill, Philadelphia, Philadelphia County, PA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,943 | 950 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,693 | 774 sq. ft. |
| 2 Beds | $2,173 | 1,121 sq. ft. |
| 3 Beds | n/a | n/a |
Chestnut Hill, Philadelphia, Philadelphia County, PA rent trends
Rental prices in Chestnut Hill, Philadelphia, Philadelphia County, PA have increased by 0.23% over the past year. The average rent moved from $1,939 to $1,943.
What's the typical rent budget in Chestnut Hill, Philadelphia, Philadelphia County, PA?
The largest share of rentals in Chestnut Hill, Philadelphia, Philadelphia County, PA (66%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Chestnut Hill, Philadelphia, Philadelphia County, PA?
1,915 or 49% of the households in Chestnut Hill, Philadelphia, Philadelphia County, PA are renter-occupied while 1,970 or 51% are owner-occupied.
Most affordable neighborhoods in Chestnut Hill?
Ogontz $1,102/month
Frankford $1,117/month
Tioga $1,175/month
All of these neighborhoods fall below the city wide average of $2,022/month.Most expensive neighborhoods in Chestnut Hill?
University City $3,347/month
Hawthorne $3,379/month
Society Hill $3,481/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Philadelphia, PA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Society Hill | $3,481 |
| Hawthorne | $3,379 |
| University City | $3,347 |
| Center City West | $2,955 |
| Powelton Village | $2,635 |
| Passyunk Square | $2,612 |
| Rittenhouse Square | $2,588 |
| North Philadelphia | $2,580 |
| Logan Square | $2,479 |
| Northern Liberties | $2,461 |
| Old City | $2,320 |
| Southwest Center City | $2,309 |
| Market East | $2,272 |
| Manayunk | $2,258 |
| West Poplar | $2,258 |
| Olde Kensington | $2,224 |
| Spring Garden | $2,219 |
| East Poplar | $2,163 |
| Fishtown | $2,160 |
| Kensington South | $2,150 |
| Washington Square West | $2,069 |
| Callowhill | $2,019 |
| Chestnut Hill | $1,943 |
| Paradise | $1,912 |
| Cabot | $1,870 |
| East Torresdale | $1,861 |
| Francisville | $1,834 |
| Central Roxborough | $1,814 |
| Norris Square | $1,807 |
| Spruce Hill | $1,791 |
| Mantua | $1,752 |
| Garden Court | $1,738 |
| East Kensington | $1,737 |
| Packer Park | $1,708 |
| Upper Roxborough | $1,696 |
| Wynnefield | $1,696 |
| East Falls | $1,649 |
| Point Breeze | $1,606 |
| Overbrook Farms | $1,590 |
| West Torresdale | $1,548 |
| West Mount Airy | $1,537 |
| Somerton | $1,534 |
| Wissahickon | $1,516 |
| Germantown | $1,495 |
| Bustleton | $1,483 |
| Fox Chase | $1,475 |
| Kensington | $1,453 |
| Burholme | $1,437 |
| Rhawnhurst | $1,432 |
| Winchester | $1,419 |
| Tacony | $1,390 |
| East Oak Lane | $1,383 |
| East Mount Airy | $1,375 |
| Ashton - Woodenbridge | $1,365 |
| Cecil B Moore | $1,361 |
| Cedarbrook | $1,356 |
| Eastwick Southwest Philadelphia | $1,329 |
| Bells Corner | $1,312 |
| Cobbs Creek | $1,304 |
| Olney | $1,285 |
| West Oak Lane | $1,282 |
| Fern Rock | $1,274 |
| Cedar Park | $1,260 |
| Logan | $1,258 |
| Walnut Hill | $1,181 |
| Tioga | $1,175 |
| Frankford | $1,117 |
| Ogontz | $1,102 |
Philadelphia | Rent Comparison by Neighborhood
Rent in Chestnut Hill is 42% higher than in Ashton - Woodenbridge
Chestnut Hill rent is the same as Philadelphia average
Ashton - Woodenbridge rent is 30% lower than Philadelphia average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Chestnut Hill apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.