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2 Bedroom Apartments for Rent in Philadelphia, PA
349 Rentals Available


Philadelphia’s average rent reached $1,685 in April

Philadelphia’s average rent reached $1,685 in April, after a 1.5% increase since last year. A thriving economic and cultural hub with a 44% renter share, Philadelphia is a desirable place to live and work in, with apartment prices above the national average of $1,417. [View Full Report]

Philadelphia apartment rent report

Philadelphia’s average rent was $1,685 in April

Philadelphia’s average rent reached $1,685 in April, after a 1.5% increase since last year. A thriving economic and cultural hub with a 44% renter share, Philadelphia is a desirable place to live and work in, with apartment prices above the national average of $1,417.

The average rent for an apartment in Philadelphia rose slower than in other surrounding cities, such as Upper Darby ($946), where prices went up by 4.5%. Meanwhile, apartment rates in Bensalem increased by 8.2%, reaching a $1,372 average.

Philadelphia apartment rent report

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

West Chester, the city with the largest renter share (63%) in the Philadelphia area, has a $1,637 average rent, after an 4.7% annual increase. The second largest renter hub, Norristown, has a 62% renter share, with its apartments going for $1,375 on average (up by 1.8% since last year). Exton and its 52% share of renters follows, with a $1,829 average apartment price.

Pottstown also has a 52% renter share, with apartments going for $1,241 after a 7.3% yearly increase. Last but not least, Bryn Mawr's 51% share of renters places it fifth among the area’s renter hubs. The city’s average rent reached $1,764 in April, going up by 3.8% in the past year. 

The priciest and cheapest cities for renters in the Philadelphia area

Exton is the priciest city for renters in the Philadelphia area, with apartments renting for $1,829 per month. Malvern’s $1,807 rate is the second most expensive, while apartments in Bryn Mawr ($1,764) come in third.

For renters in search of budget-friendly apartments, Upper Darby's $946 average rent is the cheapest in the Philadelphia area, followed by Drexel Hill's $1,178 rate. Morrisville rentals are the third least pricey on the list, with a $1,209 average rent as of April.

Philadelphia apartment rents in popular ZIP codes for renters

Among Philadelphia's most popular renter ZIP codes, 19103 has a $2,206 average rent, above the city average ($1,685). At the same time, rentals in ZIP 19104 go for $2,551, while prices in ZIP 19144 circle around $1,302. Apartment rents in ZIP 19131 clock in at around $1,561, lower than the Philadelphia average, while rates in ZIP 19102 average at $2,238.

Check out how average rents evolved across the Philadelphia area

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 $50 and $17,060. Search 2 bedroom apartments in Philadelphia, PA.

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

There are 197 2 bedroom rentals available on RENTCafé. Prices and availability in Philadelphia, PA were last updated on 25 Jul 2021.

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

The average Philadelphia, PA 2 bedroom apartment size is 760 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 Population1,579,075
  • Female 747,479
    Male 831,596
  • Median Age34.4

Average Rent in Philadelphia, PA

  • Philadelphia, PA Average Rental Price, June 2021 $1,712 /mo

Philadelphia, PA Apartment Rent Ranges

Philadelphia, PA Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 Jun / 2021
Philadelphia, PA $1,525 $1,545 $1,572 $1,590 $1,624 $1,640 $1,664 $1,663 $1,643 $1,672 $1,712
National $1,348 $1,357 $1,362 $1,394 $1,401 $1,403 $1,394 $1,397 $1,404 $1,482
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Philadelphia, PA Households

  • Total Number of Households601,337
  • Family 325,916
    Non-family 275,421
  • Children 163,078
    No Children 438,259
  • Average People Per Household2.55
  • Median Household Income$45,927
  • Median Housing Costs Per Month$994

Philadelphia, PA Education Statistics

Renting a 2 bedroom apartment in Philadelphia, PA

Renting a 2 bedroom apartment is ideal if you’re living with someone else, whether it’s your partner, your roommate, or your whole family. The second bedroom gives you enough space for more than one person or can come in handy as a home office that doubles as a guest bedroom. 2 bedroom apartment rentals in Philadelphia, PA offer a generous 1,065 Sq.Ft. of living space for an average monthly rent of $1,985. Your apartment quest is going to be different depending on where and what you’re looking for. If you’re focusing on more expensive neighborhoods, like Passyunk Square, rent prices for 2-bedroom apartments can run up to $1,749. If you’re looking primarily in affordable neighborhoods, like Frankford, you will find cheap 2 bedroom apartments with rents as low as $725.

Things to remember when looking for a cheap 2 bedroom apartment in Philadelphia, PA

There is a series of factors that determine the price of a rental apartment in Philadelphia, PA. Its location is probably at the top of the list. The closer a building is to the city center, or to a public transportation station, the more expensive it is. The same goes for buildings located in popular areas with a high density of quality dining, shopping and entertainment options. That’s because most renters would rather be close to where things are happening, thus creating an increased demand for those apartments. Another determinant is the quality of the building, as in how old it is, how well maintained, what amenities it offers. Similarly, the quality of the apartment unit itself is a factor. A furnished apartment will most certainly cost more than an unfurnished one. One that has newer appliances, or has been remodeled recently, is going to demand a higher price. On the flip side, you can find some really good deals if none of these factors are a priority for you. There are 231 apartment buildings in Philadelphia, PA you can explore that offer all types of floor plans, including cheap 2 bedroom apartments.

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