Apartments in Delaware Gardens Merchantville

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$795
Philadelphia, PA
Studio | Available Now
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$825
Philadelphia, PA
Studio | Available Now
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$1,399
Philadelphia, PA
2 BR | Available Now
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Dog Friendly
Cat Friendly
5
$1,550
3045-51 Richmond St Philadelphia, PA
1 BR | Available Now
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Storage
Disability Access
5
$1,499 - 1,599
3037 Richmond St Philadelphia, PA
2 BR | Available Now
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11
$1,399
Philadelphia, PA
2 BR | Available Now
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Cat Friendly
House
32
$1,950
Philadelphia, PA
3 BR | Nov. 22, 2024
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Dog Friendly
Cat Friendly
House
14
$1,200 - 1,350
Philadelphia, PA
1 - 2 BR | Available Now
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Dog Friendly
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Surface Parking
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Merchantville:
November Rent Report

Welcome to the November 2024 Merchantville Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Merchantville rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Merchantville and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Merchantville average rent prices in the chart below.

Monthly Rent Report

$2,000
$1,500
$1,000
$500
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Merchantville Rent Prices Decrease From October to November

Merchantville rent prices decreased over the last month. From October to November, the city experienced a -3.11% decrease for the price of a one-bedroom apartment. The rent price for a Merchantville one-bedroom apartments currently stands at $1,587.0.

When we take a look at the two-bedroom comparison from October to November, Merchantville experienced a 0.0% decrease for the price of a two-bedroom apartment. The rent price for a Merchantville two-bedroom apartments currently stands at $1,948.0.

November Prices: Merchantville vs. Surrounding Areas

Rent Prices in Merchantville and Surrounding Areas

Rent prices have decreased in Merchantville over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Merchantville suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Merchantville suburbs

  • Rents did not decrease in any of the Merchantville suburbs.

November 2024 Pricing Trends: Merchantville vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Merchantville Rent Prices More Affordable Than Major Cities

Rent growth in Merchantville over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Merchantville average rent prices appear to be relatively affordable for local residents.

The price for a Merchantville one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Merchantville and surrounding area rent prices, take a look at the complete data set below.

Data set for Merchantville and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.