Apartments for Rent in Philadelphia, PA

Prices and availability in Philadelphia, PA were last updated on 18 May 2026.

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

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

The price range for a studio apartment in Philadelphia, PA is between $300 and $44,056.

The price range for a 1-bedroom apartment in Philadelphia, PA is between $300 and $15,029.

The price range for a 2-bedroom apartment in Philadelphia, PA is between $300 and $12,995.

The price range for a 3-bedroom apartment in Philadelphia, PA is between $600 and $16,900.

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.

Studio apartments in Philadelphia are around 14% of rentals, while 1-bedroom floor plans represent 50% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 29% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.