Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Rittenhouse Square area can be challenging. Home prices in Rittenhouse Square are now at a median cost of $726,757, higher than the Philadelphia average of $373,942.
The average cost of rent is $2,063/mo in Rittenhouse Square, primarily driven by the current value of real estate in the Rittenhouse Square area. In Rittenhouse Square, 68.40% of households rent, and 48.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rittenhouse Square is $9,487 per month. Households that rent pay about 21.74% of their income on rent here. Rittenhouse Square’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- City Center West, Philadelphia, PA: equally priced homes
- Schuylkill Southwest, Philadelphia, PA: less expensive homes
- Chinatown, Philadelphia, PA: less expensive homes
- University City, Philadelphia, PA: less expensive homes
- Spring Garden, Philadelphia, PA: less expensive homes
- Bella Vista, Philadelphia, PA: less expensive homes
- City Center East, Philadelphia, PA: less expensive homes
- Fairmount, Philadelphia, PA: less expensive homes
- Point Breeze-Philadelphia, Philadelphia, PA: less expensive homes
- Wharton-Hawthorne-Bella Vista, Philadelphia, PA: less expensive homes
Neighborhoods with Similar Populations
- Arlington Heights, Fort Worth, TX: less expensive homes
- Wynwood, Miami, FL: less expensive homes
- Westgate, Henderson, NV: less expensive homes
- West Valley, Boise, ID: less expensive homes
- Valley Ranch, Irving, TX: less expensive homes
- Summerlin North, Las Vegas, NV: less expensive homes
- South Beach, Staten Island, NY: equally priced homes
- Sommerset West-Elmonica North, Bethany, OR: equally priced homes
- Powellhurst-Gilbert, Portland, OR: less expensive homes
- Greenbrier East, Chesapeake, VA: less expensive homes
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