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3 Bedroom Apartments for Rent in Philadelphia, PA - 258 Rentals available

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Philadelphia’s average rent reached $1,660 in December

Philadelphia’s average rent reached $1,660 in December, after a 0.5% increase since last year. Renters make up 47% of Philadelphia’s households. Pennsylvania’s largest city is a diverse and vibrant place to live in, with apartment rents above the national average of $1,462. [View Full Report]

Philadelphia apartment rent report

Philadelphia’s average rent was $1,660 in December

Philadelphia’s average rent reached $1,660 in December, after a 0.5% increase since last year. Renters make up 47% of Philadelphia’s households. Pennsylvania’s largest city is a diverse and vibrant place to live in, with apartment rents above the national average of $1,462.

This December, the average rent for an apartment in Philadelphia has increased along with other surrounding cities such as Upper Darby where apartments go for $911 after a 0.6% growth, and Bensalem, where rent went up 6.7%, reaching $1,330.

Philadelphia apartment rent report

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

62% of West Chester and Norristown households are renting. Rent in West Chester is $1,577 on average, following a 1.3% increase this past year. Apartments in Norristown go for $1,352, 0.1% more than last December. Exton (60%) is also popular among renters even as rates went up by 3.6% and reaching $1,776 this December. Apartments in Media (57%) saw a 3.6% growth and reached $1,600. In Bryn Mawr (also 57%), apartments go for around $1,820 per month after an 8.1% increase compared to last year.

The priciest and cheapest cities for renters in the Philadelphia area

Bryn Mawr is the priciest city for renters in the Philadelphia area, with apartments here going for $1,820 a month. Next in line when it comes to most expensive average rent is Malvern, averaging on $1,787, followed by Exton with $1,776 a month.

At $911 a month and despite a 0.6% increase, Upper Darby has the most budget-friendly apartments in the Philadelphia area. Following a 3.6% growth, Drexel Hill’s $1,149 average rent is still an attractive option, much like the $1,167 found in Pottstown (up 2.2%).

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 3 bedroom apartments near me

Are you looking to upgrade to a larger apartment? Are there certain requirements that you and your family need to be able to find the perfect apartment? Browse 3 bedroom apartments near you on RENTCafé to find the one that fits your family. Filter by size, price, and amenities both inside and outside the apartment, and check reviews by verified residents, to make sure you are choosing the apartment that is perfect for you and your family.

Browse for 3 bedroom apartments near you, whether you want to stay in the same neighborhood or ZIP code, or in any city in the U.S. that you plan on moving to. We can help you find the one that is near all the essential places, such as stores, parks, schools and even your job, at the price that suits your budget. Your next home is waiting, let's find it!

Frequently Asked Questions

What is the price of a 3 bedroom apartment in Philadelphia, PA?

The price range of a 3 bedroom apartment is between $665 and $7,951. Search 3 bedroom apartments in Philadelphia, PA.

How many 3 bedroom apartments for rent are available in Philadelphia, PA on RENTCafé?

There are 203 3 bedroom rentals available on RENTCafé. Prices and availability in Philadelphia, PA were last updated on 14 Jan 2021.

What is the average size of a 3 bedroom apartment in Philadelphia, PA?

The average Philadelphia, PA 3 bedroom apartment size is 1,232 sq. ft.

What are the advantages of renting a 3 bedroom apartment in Philadelphia, PA?

Renting a 3 bedroom apartment offers extra space compared to a 2 bedroom apartment, suited for a family or for sharing it with someone else.

What are the downsides of renting a 3 bedroom apartment in Philadelphia, PA?

A 3 bedroom apartment is more expensive than smaller units and it usually comes with higher utility costs. You might be interested in studio apartments, 1 bedroom apartments or 2 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, October 2020 $1,645 /mo

Philadelphia, PA Apartment Rent Ranges

  • $501-$7001%
  • $701-$1,00015%
  • $1,001-$1,50040%
  • $1,501-$2,00020%
  • > $2,00023%

Philadelphia, PA Rent Trends

Average Rent Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Oct / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Oct / 2020
Philadelphia, PA $1,514 $1,525 $1,545 $1,572 $1,590 $1,624 $1,652 $1,640 $1,664 $1,663 $1,645
National $1,377 $1,380 $1,417 $1,426 $1,430 $1,466 $1,466 $1,473 $1,474 $1,461 $1,464
/

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 3 bedroom apartment in Philadelphia, PA

With 258 apartments in Philadelphia, PA, it can be hard finding just the right 3 bedroom apartment. Before you even start thinking about size, price and features, you have to choose a neighborhood. And that’s no easy task, considering that, depending on the area, you get a wide range of rentals in Philadelphia, PA, from very cheap to very expensive. Society Hill is the most expensive neighborhood of Philadelphia, PA with rents as high as $2,690, while in more affordable areas like Frankford the monthly rent can be as low as $1,075. Then you also have to factor in the distance to work, kindergarten and/or school. It’s an important decision, as most likely you’re going to spend the next couple of years in this apartment with your family. You are not just searching for an apartment to live in, you’re searching for a home. The internet is supposed to help, but it only confuses you further with redundant lists of things you should pay attention to. We know the feeling very well. Let us give you just one piece of advice: take the rational path and get your priorities right. The only person who knows what type of apartment you need is you. Create a mental or written list of things you absolutely cannot live without, filter accordingly. If a balcony or a garage is absolutely crucial, then head on to the filters section and check the ones you want. This way you will save time by skipping the apartments that don’t meet your criteria.

Is choosing a cheap apartment worth it?

There are certainly plenty of options among our 258 available units in Philadelphia, PA if you’re considering also cheap 3 bedroom apartments. But are they worth considering? Certainly. Yet, you should not get carried away with very low prices, as your decision is not affecting only you. Most probably you’re moving with a family, and for the next few years this will be the place where your children will create memories. Good or bad. Remember how much you hated staying between four walls when you were a kid? Are there any playgrounds or parks around? Neighborhood amenities are important too. Cheap apartments in Philadelphia, PA have low prices mostly because of their location. Take into account your morning commute. With children morning commutes are quite long anyway, so moving to that amazing apartment in Frankford can quickly become a drag if it’s on the opposite end of town than your job or the oldest one’s school. That being said, cheap apartments can be really good deals, but not at any price.

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