Apartments for Rent in Philadelphia, PA

The best apartments in Philadelphia, PA are: Rushwood Apartments, The Weaver, 23 West, Chestnut Hill Village Apartments and 1600 Callowhill.

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 $232 and $15,050.

The price range for a 2-bedroom apartment in Philadelphia, PA is between $232 and $12,995.

The price range for a 3-bedroom apartment in Philadelphia, PA is between $600 and $13,329.

In Philadelphia 48% of the housing is rented out compared to 52% of homes are owned, according to the most recent Census Bureau estimates. 19% of Philadelphia's apartments are found in large buildings of 50 units or more, 77% are located in smaller apartment complexes with less than 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.