Apartments for Rent in Philadelphia, PA

Prices and availability in Philadelphia, PA were last updated on 28 Aug 2026.

The best apartments in Philadelphia, PA are: The Weaver, Glassworks Apartments, Rushwood Apartments, Chestnut Hill Village Apartments and 23 West.

The average rent in Philadelphia, PA is $1,958.

The price range for a studio apartment in Philadelphia, PA is between $85 and $44,056.

The price range for a 1-bedroom apartment in Philadelphia, PA is between $125 and $15,189.

The price range for a 2-bedroom apartment in Philadelphia, PA is between $546 and $12,538.

The price range for a 3-bedroom apartment in Philadelphia, PA is between $600 and $12,538.

In Philadelphia, 48% of the residents are renting compared to 52% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 19% of Philadelphia's rentals, 77% are small-scale complexes with under 50 units, and 4% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Philadelphia are about 39 years old, on average. Of these, 41% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 10 stories. About 49% of the rental communities here are low-rise, garden-style communities, 27% are mid-rises, and 36% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Philadelphia come in a range of sizes and floorplans. Studio apartments represent 14% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 50% of the total apartments in the city, while 2-bedroom floorplans represent around 29% of all rentals in Philadelphia. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.