City Report · PA

King Of Prussia

Pop. 25,857·34th most expensive in Pennsylvania·King of Prussia rents are up 5.8% over the past year
Median rent (all units)
$2,144/mo
Year-over-Year
+5.8%
Month-over-Month
+1.6%
vs US Median
+$182
Rising (Monthly)
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Most AffordableMost Expensive
King Of Prussia · $2,144
More expensive than 67% of US cities · National median $1,962/mo
Rent Reality Score
53/100
Fairly priced
OverheatedFairGreat value

Rents are right about where King Of Prussia's 10-year trend predicts.

Actual rent
$2,144/mo
Expected by trend
$2,182/mo
The Rent Reality Score compares today's median rent to where King Of Prussia's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,840
1 BR
$2,030
2 BR
$2,420
3 BR
$2,920
4 BR+
$3,310
Fair Market Rent (HUD)
$2,420/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,144 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$25,728/yr
At $2,144/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.8% YoY, +1.6% MoM), not inventory.
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Demographics

Who lives here

King Of Prussia, PA is roughly split between renters and owners, skews toward younger working-age adults, has a median income above the national average, 65.7% of residents hold a bachelor's degree or higher.

Population
25,857
Median income
$117,912
Median age
36.3
Renters
54%
Age distribution
16.6%
31.4%
26.4%
14.5%
Under 1816.6%
18–3431.4%
35–5426.4%
55–6411.1%
65+14.5%
Gender
49.3%
50.7%
Male49.3%
Female50.7%
Race & ethnicity
61.5%
21.9%
White61.5%
Black9%
Hispanic5.6%
Asian21.9%
Other1.9%
Education (25+)
13.7%
18.5%
65.7%
No HS diploma2.2%
HS diploma13.7%
Some college18.5%
Bachelor's+65.7%
Housing tenure
46%
54%
Owner46%
Renter54%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How King Of Prussia, PA has changed in 5 years

Rent
$1,667 → $2,144
up 28.6%
Income
$98,517 → $117,912
up 19.7%
Population
23,841 → 25,857
up 8.5%
Renter share
47.9% → 54%
+6.1 pts
Bachelor's+
62.6% → 65.7%
+3.1 pts
Median age
36.9 → 36.3
-0.6 yrs

Since 2021, the typical rent in King Of Prussia, PA has climbed from $1,667 to $2,144, a 28.6% change over five years. Median household income rose from $98,517 to $117,912 between 2021 and 2024, a 19.7% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 8.5% since 2021, moving from about 23,841 residents to roughly 25,857. Renters now make up 54% of households, compared with 47.9% five years ago. College-educated residents now make up 65.7% of adults here, versus 62.6% in 2021. Taken together, the five-year picture in King Of Prussia, PA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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Salary vs rent

Can you afford rent in King Of Prussia on your salary?

At $2,144/mo, how King Of Prussia rent compares to typical pay (30% rule).

By apartment size

King Of Prussia rent by bedroom count

Median rent for each apartment size in King Of Prussia. Click any size for full breakdown.

Local insights

Tips for renters in King Of Prussia

About renting in King Of Prussia, PA

Last updated: August 17, 2026

The median rent in King Of Prussia is $2,144/mo as of August 2026. A studio apartment averages $1,840/mo while a 2-bedroom runs $2,420/mo. One-bedroom apartments average $2,030/mo and 3-bedroom units go for $2,920/mo.

At 22% of local median household income ($117,912/yr), King Of Prussia ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.8% over the past year.

FAQ

Frequently asked questions

Is King Of Prussia an affordable city for renters?

King Of Prussia is considered very affordable for renters. At $2,144/mo, rent takes approximately 22% of the local median household income ($117,912/yr). The standard benchmark is 30%. King Of Prussia falls comfortably within that range.

How much income do you need to rent in King Of Prussia?

To keep rent at or below 30% of gross income, you would need to earn at least $86,000/year (~$41/hour full-time) to afford the median rent of $2,144/mo in King Of Prussia. The local median household income is $117,912/yr, meaning the typical King Of Prussia household meets that threshold.

Is rent going up or down in King Of Prussia?

Rent in King Of Prussia has increased 5.8% over the past year as of August 2026, putting upward pressure on renter budgets.

How does King Of Prussia rent compare to other cities in Pennsylvania?

King Of Prussia is one of the pricier cities in Pennsylvania for rent, ranking #34 out of 169 tracked cities at $2,144/mo.

Which nearby cities are cheaper to rent in than King Of Prussia?

Several nearby cities have lower median rents than King Of Prussia ($2,144/mo): Norristown ($1,744/mo), Devon ($1,954/mo), Wayne ($2,115/mo).

What percentage of King Of Prussia residents rent vs. own?

According to Census data, approximately 54% of King Of Prussia households are renters, while 46% are owner-occupied. With a majority renter population, King Of Prussia has a strong rental market.

How does King Of Prussia rent compare to the national average?

King Of Prussia's median rent of $2,144/mo is $182 (9%) above the US national median of $1,962/mo. Within Pennsylvania, it ranks #34 out of 169 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $2,144/mo, rent takes ~22% of King Of Prussia's median household income ($117,912/yr). The standard benchmark is 30%.

King Of Prussia 22%Benchmark 30%
State income tax3.07%
Run the King Of Prussia affordability calculator →
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Neighborhoods

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Schools nearby

Public schools near King Of Prussia, PA

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