Philadelphia, PA Rental Market Trends
Highlights
The average rent for an apartment in Philadelphia is $1,655, a 5% increase compared to the previous year.
Average Rent in Philadelphia, PA
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,655 | 5% | 805 sq. ft. |
The average size for a Philadelphia, PA apartment is 805 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Philadelphia, PA Apartment Rent Ranges
- $501-$7001%
- $701-$1,00019%
- $1,001-$1,50034%
- $1,501-$2,00023%
- > $2,00024%
Philadelphia, PA Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Dec / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Philadelphia, PA | $1,485 | $1,478 | $1,510 | $1,514 | $1,525 | $1,545 | $1,572 | $1,590 | $1,624 | $1,640 | $1,655 |
| National | $1,354 | $1,350 | $1,382 | $1,385 | $1,388 | $1,423 | $1,431 | $1,434 | $1,469 | $1,473 | $1,474 |
Average Rent in Philadelphia, PA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| West Fairhill | $747 |
| Tioga | $747 |
| Forgotten Blocks | $747 |
| Whitaker | $790 |
| Northwood | $790 |
| Kensington | $790 |
| Frankford Valley | $790 |
| Frankford | $790 |
| Mayfair | $922 |
| Winchester Park | $924 |
| Upper Holmesburg | $924 |
| Pennypack Woods | $924 |
| Holmesburg | $924 |
| Juniata Park | $926 |
| Logan | $930 |
| Fern Rock | $930 |
| Ogontz | $938 |
| Walnut Hill | $949 |
| Dunlap | $949 |
| North Delaware | $960 |
| East Oak Lane | $962 |
| Cedarbrook | $965 |
| Summerdale | $987 |
| Lawncrest | $988 |
| Olney | $992 |
| Hunting Park | $992 |
| Feltonville | $992 |
| West Oak Lane | $992 |
| Melrose Park Gardens | $1,006 |
| Oxford Circle | $1,009 |
| Castor Gardens | $1,009 |
| Pennypack Park | $1,014 |
| Bustleton | $1,015 |
| Winchester | $1,031 |
| Lexington | $1,031 |
| Bells Corner | $1,031 |
| Rhawnhurst | $1,032 |
| Upper Northwood | $1,033 |
| Lawndale | $1,033 |
| Fox Chase | $1,033 |
| Burholme | $1,033 |
| Somerton | $1,043 |
| Cobbs Creek | $1,065 |
| Wissinoming | $1,084 |
| Tacony | $1,084 |
| Academy Gardens | $1,101 |
| Byberry | $1,113 |
| Kingsessing | $1,116 |
| Garden Court | $1,116 |
| Elmwood | $1,116 |
| Cedar Park | $1,116 |
| West Torresdale | $1,129 |
| Morrell Park | $1,129 |
| East Torresdale | $1,129 |
| Brookhaven | $1,129 |
| Ashton - Woodenbridge | $1,129 |
| Morris Park | $1,137 |
| Northeast Philadelphia Airport | $1,149 |
| Crestmont Farms | $1,149 |
| Philadelphia International Airport | $1,166 |
| Eastwick Southwest Philadelphia | $1,166 |
| West Mount Airy | $1,171 |
| East Mount Airy | $1,171 |
| Walton Park | $1,185 |
| Parkwood | $1,185 |
| Normandy | $1,185 |
| Modena Park | $1,185 |
| Millbrook | $1,185 |
| East Germantown | $1,240 |
| Overbrook Park | $1,252 |
| Green Hill Farms | $1,252 |
| Germantown | $1,252 |
| Cobbs Creek Park | $1,252 |
| Blue Bell Hill | $1,252 |
| East Falls | $1,292 |
| Shawmont Valley | $1,393 |
| Central Roxborough | $1,393 |
| Andorra | $1,393 |
| Strawberry Mansion | $1,439 |
| North Central Philadelphia | $1,439 |
| West Passyunk | $1,444 |
| Packer Park | $1,444 |
| Newbold | $1,444 |
| Industrial | $1,444 |
| Girard Estates | $1,444 |
| Wissahickon | $1,456 |
| Upper Roxborough | $1,456 |
| Manayunk | $1,456 |
| Paradise | $1,458 |
| Allegheny West | $1,458 |
| Wissahickon Park | $1,479 |
| Haddington | $1,506 |
| Overbrook Farms | $1,515 |
| Overbrook | $1,515 |
| Carroll Park | $1,515 |
| Sharswood | $1,519 |
| Cecil B Moore | $1,519 |
| Cabot | $1,519 |
| Brewerytown | $1,519 |
| Point Breeze | $1,541 |
| Grays Ferry | $1,541 |
| Wynnefield Heights | $1,543 |
| Wynnefield | $1,543 |
| West Parkside | $1,543 |
| West Fairmount Park | $1,543 |
| Cathedral Park | $1,543 |
| Hunting Park Industrial Area | $1,642 |
| Chestnut Hill | $1,645 |
| Southwest Center City | $1,712 |
| West Poplar | $1,718 |
| Northern Liberties | $1,718 |
| East Poplar | $1,718 |
| Fishtown | $1,730 |
| Callowhill | $1,933 |
| West Kensington | $1,949 |
| Olde Richmond | $1,949 |
| East Kensington | $1,949 |
| Fairmount Park | $1,964 |
| Yorktown | $2,007 |
| Center City East | $2,010 |
| Mill Creek | $2,019 |
| Washington Square West | $2,070 |
| Market East | $2,200 |
| Chinatown | $2,200 |
| Spring Garden | $2,202 |
| Francisville | $2,202 |
| Fairmount | $2,202 |
| Old City | $2,218 |
| Rittenhouse Square | $2,255 |
| Logan Square | $2,263 |
| Center City West | $2,283 |
| Olde Kensington | $2,325 |
| North Philadelphia | $2,325 |
| Norris Square | $2,325 |
| Ludlow | $2,325 |
| Kensington South | $2,325 |
| West Shore | $2,327 |
| Spruce Hill | $2,327 |
| Queen Village Pennsport | $2,475 |
| Passyunk Square | $2,475 |
| Hawthorne | $2,475 |
| Dickinson Narrows | $2,475 |
| Bella Vista | $2,475 |
| West Powelton | $2,483 |
| University City | $2,483 |
| Saunders Park | $2,483 |
| Powelton Village | $2,483 |
| Mantua | $2,483 |
| East Parkside | $2,483 |
| Belmont | $2,483 |
| Society Hill | $2,539 |
The most affordable neighborhoods in Philadelphia are Forgotten Blocks, where the average rent goes for $747/month, Tioga, where renters pay $747/mo on average, and West Fairhill, where the average rent goes for $747/mo. If you’re looking for other great deals, check out the listings from Frankford ($790), Frankford Valley ($790), and Kensington ($790), where the asking prices are below the average Philadelphia rent of $1,655/mo.
The most expensive neighborhoods in Philadelphia are University City ($2,483), West Powelton ($2,483) and Society Hill ($2,539).
The most popular neighborhood in Philadelphia is Rittenhouse Square, where there are 35 verified RENTCafé listings with an average rent of $2,255. Next up is Center City West, where apartments go for $2,283/month, followed by Washington Square West with $2,070 If you’re looking to rent in Philadelphia’s most popular neighborhoods, make sure to also check out Logan Square, where renters pay $2,263 on average, and Queen Village Pennsport, where the average monthly rent is $2,475.
Philadelphia | Rent Comparison by Neighborhood
Rent in Academy Gardens is 24% lower than in Allegheny West
Academy Gardens rent is 33% lower than Philadelphia average
| Average Rent | $1,101 |
|---|
Allegheny West rent is 12% lower than Philadelphia average
| Average Rent | $1,458 |
|---|
How Philadelphia Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Philadelphia | $1,655 | 5% |
| Bethlehem | $1,362 | n/a |
| Harrisburg | $1,045 | n/a |
| Allentown | $1,123 | 4% |
| Exton | $1,748 | 6% |
| Lancaster | $1,219 | n/a |
| Bensalem | $1,229 | 5% |
| Bala Cynwyd | $2,077 | 9% |
| Elkins Park | $1,313 | 9% |
| Wynnewood | $2,053 | 5% |
| Lansdowne | $918 | 3% |
For more information about the Philadelphia rental trends, check out our monthly rent report
Check out Pennsylvania Cities, Pennsylvania Neighborhoods and Pennsylvania Zip Codes for more details on verified listings, including the Pennsylvania Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!
Cheapest Listings on RENTCafé
Birchwood At Grays Ferry - Formerly St Anthony's Senior Residences
- 1-4 Beds
- 1-2 Baths
- 800 - 2,724 Sqft