4

Studio Apartments for Rent in Elkins Park, PA

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  • /14

    $1,200 - $1,250

    Total Monthly Price

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Condo for Rent

    7900 Old York Rd, Elkins Park, PA 19027

    Located just outside of Philadelphia, a Fully Furnished, Updated Studio with a kitchenette (fridge, sink, microwave, no range/stove) The apartment is located on the first floor of a large, 9 story condo building in Cheltenham township with many amenities including a 24 hour concierge, pool, small gym, and a restaurant on site. All utilities included.Cable TV and Wi-Fi is includedClose to

    7900 Old York Rd, Elkins Park, PA 19027
  • /14

    $1,200 - $1,250

    Total Monthly Price

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Condo for Rent

    7900 Old York Rd, Elkins Park, PA 19027

    Located just outside of Philadelphia, a Fully Furnished, Updated Studio with a kitchenette (fridge, sink, microwave, no range/stove) The apartment is located on the first floor of a large, 9 story condo building in Cheltenham township with many amenities including a 24 hour concierge, pool, small gym, and a restaurant on site. All utilities included.Cable TV and Wi-Fi is includedClose to

    7900 Old York Rd, Elkins Park, PA 19027

Why Live in Elkins Park

Elkins Park, a neighborhood with over 300 years of history, offers a blend of period architecture, lush parks, and local businesses. The residential landscape features a variety of home styles, including Italianate, Tudor-revival, American and Dutch colonial, and ranch-style houses. Residents enjoy ample outdoor space, street or driveway parking, and spacious interiors. The neighborhood also includes twin homes, townhouses, and condominiums. Public green spaces like High School Park, Ogontz Park, and Richard Wall Park provide recreational opportunities with amenities such as hiking trails, tennis courts, and playgrounds. High School Park hosts seasonal events, including Arts in the Parks, and features a rain garden and bird observation deck. Elkins Park Station is a hub for locally owned stores and restaurants, including Open Book Bookstore, Creekside Market and Tap, Cheshire Brewing Company, Haven Local, and Roling's Bakery. Public school students attend highly rated schools in the Cheltenham Township School District, including Myers Elementary, Elkins Park School, Cedarbrook Middle, and Cheltenham High School. The neighborhood is safer than the national average, with public transit options provided by the Southeastern Pennsylvania Transportation Authority, including buses and train lines operating out of Elkins Park Station.

Frequently Asked Questions

How much does it cost to rent a home in Elkins Park, PA?
The median rent for a home in Elkins Park, PA is $2,250 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Elkins Park, PA?
To comfortably afford the median rent in Elkins Park, PA, a household needs to earn roughly $90,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,250 per month in Elkins Park, PA, renters typically need to show $6,750 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Elkins Park, PA?
In Elkins Park, PA, the price-to-rent ratio is 15.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Elkins Park, PA are best for renting a home?
The best neighborhood for renting in Elkins Park, PA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Logan, Center City Market East, Washington Square West, Rittenhouse Square and Germantown, each with its own character and price range.

Rental Home Trends in Elkins Park, PA

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$2,250
Median Single Family Home Rent
$2,500
Median Townhouse Rent
$2,438
Median Condo Rent
$2,013
How to Rent a Home