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Prices and availability in Philadelphia, PA were last updated on 24 Oct 2026.
The best apartments in Philadelphia, PA are: 23 West, The Weaver, 1600 Callowhill, Chestnut Hill Village Apartments and The View at Old City.
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 $300 and $8,138.
The price range for a 2-bedroom apartment in Philadelphia, PA is between $546 and $17,071.
The price range for a 3-bedroom apartment in Philadelphia, PA is between $793 and $24,022.
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.
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.
