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City Report · PA

Newtown Square

·1st most expensive in Pennsylvania·One of the pricier rental markets in the US
Median rent (all units)
$2,946/mo
Year-over-Year
Stable
Month-over-Month
+1.0%
vs US Median
+$981
Rising (Monthly)
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Most AffordableMost Expensive
Newtown Square · $2,946
More expensive than 90% of US cities · National median $1,965/mo
Affordability
49% of income
STRETCHED
0%30% benchmark60%+

At $2,946/mo, rent takes about 49% of the US median household income, well above the 30% benchmark.

Income to afford
$118,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Newtown Square's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,720
1 BR
$1,900
2 BR
$2,260
3 BR
$2,720
4 BR+
$3,100
Research median
$2,260/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$35,352/yr
At $2,946/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.0% MoM), not inventory.
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Community

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View Newtown Square rent history (2015–2026) →
Salary vs rent

Can you afford rent in Newtown Square on your salary?

At $2,946/mo, how Newtown Square rent compares to typical pay (30% rule).

By apartment size

Newtown Square rent by bedroom count

Median rent for each apartment size in Newtown Square. Click any size for full breakdown.

Local insights

Tips for renters in Newtown Square

About renting in Newtown Square, PA

Last updated: July 20, 2026

The median rent in Newtown Square is $2,946/mo as of July 2026. A studio apartment averages $1,720/mo while a 2-bedroom runs $2,260/mo. One-bedroom apartments average $1,900/mo and 3-bedroom units go for $2,720/mo.

At 49% of estimated US median household income ($72,000/yr), Newtown Square ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Newtown Square an affordable city for renters?

Newtown Square is considered stretched for renters. At $2,946/mo, rent takes approximately 49% of the US median household income ($72,000/yr). The standard benchmark is 30%. Newtown Square significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Newtown Square?

To keep rent at or below 30% of gross income, you would need to earn at least $118,000/year (~$57/hour full-time) to afford the median rent of $2,946/mo in Newtown Square.

Is rent going up or down in Newtown Square?

Rent in Newtown Square has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Newtown Square rent compare to other cities in Pennsylvania?

Newtown Square is one of the pricier cities in Pennsylvania for rent, ranking #1 out of 167 tracked cities at $2,946/mo.

Which nearby cities are cheaper to rent in than Newtown Square?

Several nearby cities have lower median rents than Newtown Square ($2,946/mo): Devon ($1,988/mo), Wayne ($2,180/mo), Paoli ($2,351/mo).

How does Newtown Square rent compare to the national average?

Newtown Square's median rent of $2,946/mo is $981 (50%) above the US national median of $1,965/mo. Within Pennsylvania, it ranks #1 out of 167 tracked cities.
Income Affordability
49%
STRETCHED

At $2,946/mo, rent takes ~49% of US median household income ($72,000/yr). The standard benchmark is 30%.

Newtown Square 49%Benchmark 30%
State income tax3.07%
Run the Newtown Square affordability calculator →
Lowest-rent ZIP codes in Newtown Square
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Newtown Square, PA

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