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2 Bedroom Apartments for Rent in Philadelphia, PA - 550 Rentals available

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Philadelphia’s average rent reached $1,666 in January

Philadelphia’s average rent reached $1,666 in January after a 0.9% increase since last year. Renters make up 44% of Philadelphia’s population. One of the Pennsylvania’s largest city is a diverse and vibrant place to live in, with apartment rents above the national average of $1,392. [View Full Report]

Philadelphia apartment rent report

Philadelphia’s average rent was $1,666 in January

Philadelphia’s average rent reached $1,666 in January after a 0.9% increase since last year. Renters make up 44% of Philadelphia’s population. One of the Pennsylvania’s largest city is a diverse and vibrant place to live in, with apartment rents above the national average of $1,392.

The average rent for an apartment in Philadelphia increased,  along with other surrounding cities such as Upper Darby where apartments go for $910 after a 0.4% increase, and Bensalem, where rent went up 4.9% reaching $1,304.

Philadelphia apartment rent report

What it costs to rent in the largest renter hubs in the Philadelphia area

The city with the largest renter share is West Chester (63%), followed by Norristown, with 62% renters. In West Chester, apartment rents increased by 1.6% since last year, reaching $1,581. Norristown, with an average rent of $1,368, has the second largest share of renters (62%) and has experienced a rent increase of 0.9% since January 2020. In Exton, where 52% of the population are renters, the average rent is $1,773, seeing an increase of 3.9% compared to the past year. Apartments in Pottstown, also with 52% renters, cost $1,177 per month, an increase of 3% in one year. Bryn Mawris the fifth largest by renter population (51%) seeing an annual increase of 6.8% and reaching $1,794.

The priciest and cheapest cities for renters in the Philadelphia area

Malvern is the priciest city for renters in the Philadelphia area, with apartments renting for $1,796 per month. The average rent for apartments in Bryn Mawr is $1,794, the second most expensive, while Exton ($1,773) comes in third.

For renters in search of budget-friendly apartments, Upper Darby's $910 average rent is the cheapest in the Philadelphia area followed by Drexel Hill's $1,137 rate. Pottstown rentals are the third least pricey on the list, with a $1,177 average apartment rate.

Philadelphia apartment rent report

Methodology

RENTCafe.com is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the United States. 

The data on average rents included in our reports comes directly from competitively-rented (market-rate) large-scale multifamily properties (50+ units in size), via telephone survey. The data is compiled and reported by our sister company Yardi Matrix, a business development and asset management tool for brokers, sponsors, banks and equity sources underwriting investments in the multifamily, office, industrial and self-storage sectors. Fully-affordable properties are not included in the survey and are not reported in rental rate averages. Local rent reports include only cities with a statistically-relevant stock of large-scale multifamily properties of 50+ units.

Look for 2 bedroom apartments near me

Are you ready to find the apartment that feels like home? Look through all the available listings on RENTCafé to find the apartment that best suits your needs. Searching for a 2 bedroom apartment near you, or anywhere in the U.S.? You can now compare the size, price and location of any of the apartments listed, until you find the one that does it. Choose the location you want, near the stores, parks or people that are dear to you. Somewhere out there is the right apartment for you.

So, start looking for 2 bedroom apartments near you, in your favorite neighborhood, ZIP code, or anywhere in the U.S. that you plan on moving to, and let us guide you to your next home!

Frequently Asked Questions

What is the price of a 2 bedroom apartment in Philadelphia, PA?

The price range of a 2 bedroom apartment is between $850 and $9,742. Search 2 bedroom apartments in Philadelphia, PA.

How many 2 bedroom apartments for rent are available in Philadelphia, PA on RENTCafé?

There are 420 2 bedroom rentals available on RENTCafé. Prices and availability in Philadelphia, PA were last updated on 1 Mar 2021.

What is the average size of a 2 bedroom apartment in Philadelphia, PA?

The average Philadelphia, PA 2 bedroom apartment size is 782 sq. ft.

What are the advantages of renting a 2 bedroom apartment in Philadelphia, PA?

2 bedroom apartments offer more space compared to 1 bedroom or studio apartments. They are more suitable for 2 persons.

What are the downsides of renting a 2 bedroom apartment in Philadelphia, PA?

A 2 bedroom apartment is usually slightly more expensive than a 1 bedroom apartment. You might be interested in studio apartments, 1 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in Philadelphia, PA.

Philadelphia, PA Demographics

  • Total Population1,575,522
  • Female 745,543
    Male 829,979
  • Median Age34.3

Average Rent in Philadelphia, PA

  • Philadelphia, PA Average Rental Price, December 2020 $1,660 /mo

Philadelphia, PA Apartment Rent Ranges

  • $501-$7001%
  • $701-$1,00016%
  • $1,001-$1,50039%
  • $1,501-$2,00021%
  • > $2,00024%

Philadelphia, PA Rent Trends

Average Rent Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Dec / 2020
Philadelphia, PA $1,510 $1,514 $1,525 $1,545 $1,572 $1,590 $1,624 $1,640 $1,664 $1,663 $1,660
National $1,373 $1,378 $1,381 $1,418 $1,428 $1,432 $1,468 $1,475 $1,477 $1,464 $1,462
/

Check out the average rent prices in Philadelphia by neighborhood.

Philadelphia, PA Households

  • Total Number of Households594,778
  • Family 321,389
    Non-family 273,389
  • Children 161,687
    No Children 433,091
  • Average People Per Household2.57
  • Median Household Income$43,744
  • Median Housing Costs Per Month$973

Philadelphia, PA Education Statistics

  • No High School5%
  • Some High School43%
  • Some College19%
  • Associate Degree5%
  • Bachelor Degree16%
  • Graduate Degree10%

Renting a 2 bedroom apartment in Philadelphia, PA

A new little family member made its appearance in your life and your apartment suddenly became too small? Having some toys laying around in the living room at noon is one thing. But stepping on Thomas the Tank Engine in your own bedroom, in the middle of the night, when the only thing you want to do is drink some water and go back to sleep, is a truly awakening, eye opening experience. Not something that you’d expect at 2:30 a.m. Frankly, it looks like you’re one bedroom short. But there’s no need to be worried as there are as many as 553 apartments available for rent in Philadelphia, PA at your fingertips, among which you will surely find plenty of 2 bedroom apartment rentals as well. Whether you want just a few appliances and you’d prefer to bring your own stuff or you’re searching for a fully furnished living space, there are options for either one and solutions for every budget. After all, there can be huge differences between different parts of Philadelphia, PA.

Cheap housing for young families

If you are a small, dynamic family renting a 2 bedroom is a smart choice as it offers the golden ratio of living space, location and price. All these are now important criteria that you have to have. Space? If you want to keep yourself and Thomas the Tank Engine in different rooms, then this one doesn’t need any explanation. Location? You don’t want to totally give-up on those Friday nights out or your Thursday after-hours, but babysitters cannot always stay late in the night, so it helps if you’re in an area close to restaurants and theatres. Price? You could put the extra couple of bucks you’re saving on rent monthly into your child’s college savings plan. Whatever your golden ratio may be, we are convinced that you’ll find something interesting amongst the 219 listings in Philadelphia, PA. If price is important, finding plenty of cheap 2 bedroom apartments shouldn’t be a problem as the lowest rents start at $819 per month.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!