Highland Park / Morningside, PA
August 2026
15206
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,065 – $1,120 | -12.41% | -9.80% |
| 2-Bedroom | $1,454 – $1,499 | -3.88% | -0.91% |
| 3-Bedroom | $1,622 – $1,740 | -9.38% | -6.19% |
| 4-Bedroom | $1,951 – $2,080 | -5.52% | -3.35% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,336 – $1,377 | -1.50% | 1.38% |
| 2-Bedroom | $1,647 – $1,731 | -1.69% | 2.55% |
| 3-Bedroom | $2,035 – $2,169 | -0.05% | 3.50% |
| 4-Bedroom | $2,169 – $2,278 | 0.64% | 3.81% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,285 – $1,343 | 2.20% | 4.47% |
| 2-Bedroom | $1,463 – $1,559 | 0.20% | 3.21% |
| 3-Bedroom | $1,795 – $1,887 | 0.27% | 1.54% |
| 4-Bedroom | $2,182 – $2,340 | 6.06% | 8.09% |
In the Highland Park / Morningside (15206) rental market, 1-bedroom apartment rents declined to $1,092, marking a 9.8% year-over-year decrease and a notable 12.41% drop compared to the prior month. This segment experienced the steepest fall among apartment types, underscoring an ongoing softness for smaller units.
Median rents for 3-bedroom condos in Highland Park / Morningside (15206) reached $2,102, showing a 3.5% rise over the previous year, while 3-bedroom apartments decreased by 6.19% to $1,681. This $421 rent gap demonstrates that larger condos have seen stronger appreciation compared to apartment units in the same bedroom segment.
Among larger properties, Highland Park / Morningside (15206) rental trends show that 4-bedroom single-family homes achieved $2,261, with a 6.06% month-over-month increase and an 8.09% jump year-over-year. These figures highlight the segment’s momentum and its leading position for rent growth across all property types.