Apartments for Rent in Chestnut Hill, Lancaster, PA

Chestnut Hill, Lancaster apartment availability

Chestnut Hill's rental market offers a good selection of listings, with an average of nearly 24 rentals available each month. The majority of rentals in this Lancaster neighborhood are 1-bedroom and 2-bedroom apartments, with a smaller number of 3-bedroom apartments and studios also available. Many of these apartments offer convenient amenities, including in-unit laundry, dishwashers, and outdoor spaces, which are available in around 30% of rentals. With its varied selection of apartments and amenities, Chestnut Hill is a great option for renters looking for a comfortable and convenient place to call home.

Chestnut Hill, Lancaster rental market trends

Chestnut Hill, Lancaster's rental market is experiencing a notable shift in 2024. The average monthly rent across all property types has increased by 7.85% year-over-year, reaching $1,469. However, this growth is not uniform across all bedroom types. While studios have seen a significant 29% increase, averaging $1,024 per month, 1-bedrooms have actually decreased by 6.16%, now averaging $1,155 per month. In contrast, 2-bedrooms and 3-bedrooms have seen substantial increases of 23.49% and 13.39%, respectively, with average rents of $1,840 and $1,920 per month.

Renters should be aware that September is the most expensive month to rent in Chestnut Hill, with prices 46.52% higher than in February, the least expensive month. This significant fluctuation presents an opportunity for budget-conscious renters to find a deal during the off-season.

Why Chestnut Hill, Lancaster is a great place to live

Chestnut Hill, Lancaster, stands out as a neighborhood that seamlessly blends a passion for environmental sustainability with a vibrant social life.

For those prioritizing eco-friendly living, Chestnut Hill is a haven. Many homes here incorporate sustainable materials in their construction, utilize non-toxic paint, and implement low-flow fixtures, underscoring a community-wide commitment to reducing environmental impact. The presence of community solar projects, rainwater harvesting systems, and comprehensive waste recycling programs further solidifies this neighborhood's green credentials. Abundant parks and recreation areas not only enhance the quality of life but also contribute to the area's environmental sustainability.

Simultaneously, Chestnut Hill caters beautifully to those seeking an active social life. Its high walk score, indicative of its pedestrian-friendly infrastructure, makes it easy to explore local restaurants, cafes, and cultural venues. Frequent transit options and a well-planned street infrastructure ensure connectivity and ease of movement. Safety and a substantial neighborhood population add to the area's appeal, making it an ideal spot for those who value community interaction and the convenience of urban living.