What is the median rent in Montgomery Township (Montgomery County), PA?
The median gross rent in Montgomery Township (Montgomery County), PA is $2,076 (±$218) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 1,036 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Montgomery Township (Montgomery County), the median gross rent went from $1,688 in 2015–2019 to $2,076 in 2020–2024 (+23.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $2,076 (±$218)
- Rented homes
- 1,036 (±222)
- $2,000 or more
- 53.9%
- Since 2015–2019
- +23.0%
How much rent costs in Montgomery Township (Montgomery County)
| Monthly gross rent | Montgomery Township (Montgomery County) | Montgomery County | Pennsylvania | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±3.1 points) | 3.0% | 8.3% | 6.3% |
| $500 to $999 | 1.4% (±2.2 points) | 8.5% | 26.4% | 20.2% |
| $1,000 to $1,499 | 4.5% (±3.9 points) | 27.6% | 32.9% | 28.1% |
| $1,500 to $1,999 | 40.3% (±12.5 points) | 29.5% | 19.3% | 21.1% |
| $2,000 to $2,499 | 25.5% (±11.0 points) | 16.8% | 7.7% | 12.0% |
| $2,500 to $2,999 | 8.3% (±5.7 points) | 7.3% | 2.6% | 5.5% |
| $3,000 or more | 20.1% (±10.4 points) | 7.2% | 2.8% | 6.8% |
The most common range is $1,500 to $1,999, paid by 40.3% of renting households.
53.9% of rented homes in Montgomery Township (Montgomery County) cost $2,000 or more a month.
Montgomery Township (Montgomery County) against Montgomery County, its state and the nation
| Montgomery Township (Montgomery County) | Montgomery County | Pennsylvania | United States | |
|---|---|---|---|---|
| Median gross rent | $2,076 (±$218) | $1,683 (±$19) | $1,209 (±$5) | $1,413 |
| Rented homes paying rent | 1,036 (±222) | 92,603 (±2,032) | 1,530,443 (±10,042) | 42,849,984 |
In Montgomery Township (Montgomery County), median gross rent is higher than in Montgomery County ($1,683).
It is also higher than in Pennsylvania ($1,209).
It is higher than the national figure ($1,413).
In Montgomery County, Montgomery Township (Montgomery County) ranks 12 of 62 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 60 of 2,369.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Montgomery Township (Montgomery County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,688 (±$109) | $2,076 (±$218) | +23.0% | No measurable change after inflation |
| Households that rent | 10.8% (±2.3 points) | 10.6% (±2.2 points) | −0.2 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±2.3 points) | 11.6% (±6.6 points) | +11.6 percentage points | Measurable increase |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Montgomery Township (Montgomery County)
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Montgomery Township (Montgomery County) | — | $2,076 (±$218) | — |
| Brittany Farms-The Highlands | 1.9 mi | $1,852 (±$301) | Not measurably different |
| Lansdale | 2.5 mi | $1,470 (±$84) | Lower |
| North Wales | 3.1 mi | $1,506 (±$342) | Lower |
| Chalfont | 3.4 mi | $1,913 (±$434) | Not measurably different |
| Hatfield Township | 3.7 mi | $1,602 (±$90) | Lower |
| Lower Gwynedd Township | 3.8 mi | $2,493 (±$640) | Not measurably different |
| Upper Gwynedd Township | 3.8 mi | $2,390 (±$158) | Higher |
| Warrington Township (Bucks County) | 4.0 mi | $1,761 (±$95) | Lower |
Nearby places with a measurably lower figure: Lansdale, PA ($1,470), North Wales, PA ($1,506), Hatfield Township, PA ($1,602).
Nearby places with a measurably higher figure: Upper Gwynedd Township, PA ($2,390).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Montgomery County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 6 | West Conshohocken | $2,270 (±$461) |
| 7 | Whitpain Township | $2,255 (±$107) |
| 8 | Upper Pottsgrove Township | $2,155 (±$855) |
| 9 | Conshohocken | $2,147 (±$125) |
| 10 | Upper Providence Township (Montgomery County) | $2,125 (±$238) |
| 11 | Upper Merion Township | $2,087 (±$74) |
| 12 | Montgomery Township (Montgomery County) | $2,076 (±$218) |
| 13 | Upper Dublin Township | $1,961 (±$130) |
| 14 | Hatboro | $1,911 (±$146) |
| 15 | Franconia Township | $1,897 (±$247) |
| 16 | Lower Merion Township | $1,893 (±$68) |
| 17 | Trappe | $1,865 (±$592) |
| 18 | Limerick Township | $1,846 (±$150) |
Showing 13 of 62 places in Montgomery County, ranked from highest to lowest.
The figures for Montgomery Township (Montgomery County) include the places inside it that have pages of their own: Montgomeryville.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Montgomery Township (Montgomery County)
What is the average rent in Montgomery Township (Montgomery County), PA?
The Census Bureau publishes the median rather than the average: the median gross rent in Montgomery Township (Montgomery County) is $2,076 (±$218) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Montgomery Township (Montgomery County)?
In Montgomery Township (Montgomery County), the median gross rent went from $1,688 in 2015–2019 to $2,076 in 2020–2024 (+23.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Montgomery Township (Montgomery County) cost more than $2,000 a month?
53.9% of rented homes in Montgomery Township (Montgomery County) have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Montgomery Township (Montgomery County) higher than in Montgomery County?
In Montgomery Township (Montgomery County), median gross rent is higher than in Montgomery County ($1,683).
It is also higher than in Pennsylvania ($1,209).
It is higher than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Montgomery township, Montgomery County, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Montgomery township, Montgomery County, Pennsylvania
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Montgomery township, Montgomery County, Pennsylvania
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Montgomery township, Montgomery County, Pennsylvania (county subdivision:50640, in state:42 county:091).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Home values in Montgomery Township (Montgomery County)
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- Property taxes in Montgomery Township (Montgomery County)
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- Population growth in Montgomery Township (Montgomery County)
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- Fair Market Rent in Montgomery Township (Montgomery County)
- Pennsylvania landlord and tenant rules
- Housing across Montgomery County
- Pennsylvania places ranked by median rent
- Housing data for every place in Pennsylvania