Philadelphia, PA Rental Market Trends
Highlights
The average rent for an apartment in Philadelphia is $1,525, a 4% increase compared to the previous year, when the average rent was $1,462.
Studio apartments in Philadelphia rent for $1,161 a month, while 1-bedroom apartments ask on average $1,379 a month; the average rent for a 2-bedroom apartment is $1,672.
Average Rent in Philadelphia, PA
Last updated Jul 2018
| All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Average Rent | $1,525 | $1,161 | $1,379 | $1,672 | $2,606 |
| Y-o-Y Change | 4% | 6% | 4% | 5% | 3% |
| Average Apartment Size | 796 sq. ft. | 485 sq. ft. | 697 sq. ft. | 952 sq. ft. | 1,392 sq. ft. |
The average size for a Philadelphia apartment is 796 square feet, but this number varies greatly depending on apartment type. A studio averages 485 sq. ft., while a one-bedroom apartment offers a more generous square footage: 697. 2-bedroom apartments in Philadelphia have an average size of 952 sq. ft.
Philadelphia, PA Apartment Rent Ranges
- $501-$70010%
- $701-$1,00028%
- $1,001-$1,50044%
- $1,501-$2,00017%
- > $2,0001%
Philadelphia, PA Rent Trends
| Average Rent All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Jul / 2018 | $1,525 | $1,161 | $1,379 | $1,672 | $2,606 |
| Sept / 2017 | $1,499 | $1,163 | $1,350 | $1,645 | $2,597 |
| May / 2017 | $1,495 | $1,142 | $1,352 | $1,639 | $2,567 |
| Jan / 2017 | $1,462 | $1,096 | $1,323 | $1,599 | $2,541 |
| Sept / 2016 | $1,470 | $1,109 | $1,340 | $1,589 | $2,583 |
| May / 2016 | $1,468 | $1,088 | $1,339 | $1,593 | $2,573 |
| Jan / 2016 | $1,435 | $1,077 | $1,305 | $1,559 | $2,516 |
| Sept / 2015 | $1,415 | $1,054 | $1,278 | $1,548 | $2,469 |
| May / 2015 | $1,388 | $1,015 | $1,257 | $1,517 | $2,413 |
| Jan / 2015 | $1,360 | $994 | $1,226 | $1,486 | $2,405 |
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Average Rent in Philadelphia, PA By Neighborhood
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| Average Rent | |||||
|---|---|---|---|---|---|
| Neighborhood | All rentals | Studio | 1 Bed | 2 Beds | 3 Beds |
| West Fairhill | $769 | $623 | $750 | $785 | $876 |
| Tioga | $769 | $623 | $750 | $785 | $876 |
| Forgotten Blocks | $769 | $623 | $750 | $785 | $876 |
| Logan | $847 | $787 | $823 | $911 | $1,200 |
| Fern Rock | $847 | $787 | $823 | $911 | $1,200 |
| Ogontz | $856 | $787 | $818 | $933 | $1,200 |
| East Oak Lane | $872 | $779 | $831 | $958 | $1,200 |
| Juniata Park | $888 | $626 | $795 | $959 | $1,058 |
| Summerdale | $897 | $677 | $777 | $975 | $1,364 |
| Oxford Circle | $909 | $678 | $790 | $1,018 | $1,392 |
| Castor Gardens | $909 | $678 | $790 | $1,018 | $1,392 |
| Lawncrest | $913 | $673 | $802 | $990 | $1,364 |
| Upper Northwood | $931 | $677 | $809 | $1,014 | $1,392 |
| Lawndale | $931 | $677 | $809 | $1,014 | $1,392 |
| Fox Chase | $931 | $677 | $809 | $1,014 | $1,392 |
| Burholme | $931 | $677 | $809 | $1,014 | $1,392 |
| Rhawnhurst | $935 | $677 | $866 | $1,018 | $1,392 |
| Morris Park | $984 | $702 | $884 | $1,109 | $1,720 |
| Cobbs Creek | $984 | $778 | $958 | $1,232 | $2,374 |
| Somerton | $997 | $749 | $889 | $1,121 | $1,545 |
| Byberry | $1,040 | $761 | $929 | $1,123 | $1,337 |
| Academy Gardens | $1,046 | $769 | $959 | $1,179 | $1,537 |
| West Torresdale | $1,075 | $767 | $993 | $1,194 | $1,537 |
| Morrell Park | $1,075 | $767 | $993 | $1,194 | $1,537 |
| East Torresdale | $1,075 | $767 | $993 | $1,194 | $1,537 |
| Brookhaven | $1,075 | $767 | $993 | $1,194 | $1,537 |
| Ashton - Woodenbridge | $1,075 | $767 | $993 | $1,194 | $1,537 |
| Northeast Philadelphia Airport | $1,079 | $769 | $990 | $1,168 | $1,344 |
| Crestmont Farms | $1,079 | $769 | $990 | $1,168 | $1,344 |
| West Mount Airy | $1,083 | $826 | $963 | $1,246 | $1,510 |
| Kingsessing | $1,083 | $821 | $1,038 | $1,413 | $2,374 |
| Garden Court | $1,083 | $821 | $1,038 | $1,413 | $2,374 |
| Elmwood | $1,083 | $821 | $1,038 | $1,413 | $2,374 |
| East Mount Airy | $1,083 | $826 | $963 | $1,246 | $1,510 |
| Cedar Park | $1,083 | $821 | $1,038 | $1,413 | $2,374 |
| Walton Park | $1,085 | $775 | $982 | $1,125 | $1,267 |
| Parkwood | $1,085 | $775 | $982 | $1,125 | $1,267 |
| Normandy | $1,085 | $775 | $982 | $1,125 | $1,267 |
| Modena Park | $1,085 | $775 | $982 | $1,125 | $1,267 |
| Millbrook | $1,085 | $775 | $982 | $1,125 | $1,267 |
| Overbrook Park | $1,119 | $733 | $938 | $1,204 | $1,720 |
| Green Hill Farms | $1,119 | $733 | $938 | $1,204 | $1,720 |
| Cobbs Creek Park | $1,119 | $733 | $938 | $1,204 | $1,720 |
| East Germantown | $1,140 | $852 | $1,055 | $1,293 | $1,850 |
| Germantown | $1,151 | $852 | $1,068 | $1,313 | $1,850 |
| Blue Bell Hill | $1,151 | $852 | $1,068 | $1,313 | $1,850 |
| East Falls | $1,189 | $856 | $1,108 | $1,345 | $1,874 |
| Strawberry Mansion | $1,260 | $930 | $1,118 | $1,529 | $1,739 |
| North Central Philadelphia | $1,260 | $930 | $1,118 | $1,529 | $1,739 |
| Shawmont Valley | $1,321 | $926 | $1,184 | $1,381 | $1,841 |
| Central Roxborough | $1,321 | $926 | $1,184 | $1,381 | $1,841 |
| Andorra | $1,321 | $926 | $1,184 | $1,381 | $1,841 |
| Sharswood | $1,334 | $943 | $1,212 | $1,586 | $2,386 |
| Cecil B Moore | $1,334 | $943 | $1,212 | $1,586 | $2,386 |
| Cabot | $1,334 | $943 | $1,212 | $1,586 | $2,386 |
| Brewerytown | $1,334 | $943 | $1,212 | $1,586 | $2,386 |
| Haddington | $1,336 | $955 | $1,248 | $1,500 | $2,583 |
| Wissahickon Park | $1,341 | $1,045 | $1,167 | $1,447 | $1,952 |
| Overbrook Farms | $1,354 | $984 | $1,252 | $1,494 | $2,524 |
| Overbrook | $1,354 | $984 | $1,252 | $1,494 | $2,524 |
| Carroll Park | $1,354 | $984 | $1,252 | $1,494 | $2,524 |
| Paradise | $1,365 | $870 | $1,303 | $1,466 | $1,448 |
| Allegheny West | $1,365 | $870 | $1,303 | $1,466 | $1,448 |
| Wynnefield Heights | $1,380 | $997 | $1,287 | $1,531 | $2,583 |
| Wynnefield | $1,380 | $997 | $1,287 | $1,531 | $2,583 |
| West Parkside | $1,380 | $997 | $1,287 | $1,531 | $2,583 |
| West Fairmount Park | $1,380 | $997 | $1,287 | $1,531 | $2,583 |
| Cathedral Park | $1,380 | $997 | $1,287 | $1,531 | $2,583 |
| Chestnut Hill | $1,381 | $1,165 | $1,137 | $1,591 | $2,273 |
| Wissahickon | $1,385 | $990 | $1,242 | $1,477 | $1,864 |
| Upper Roxborough | $1,385 | $990 | $1,242 | $1,477 | $1,864 |
| Manayunk | $1,385 | $990 | $1,242 | $1,477 | $1,864 |
| Hunting Park Industrial Area | $1,519 | $1,035 | $1,475 | $1,543 | $1,956 |
| West Poplar | $1,620 | $859 | $1,453 | $1,968 | $3,218 |
| Northern Liberties | $1,620 | $859 | $1,453 | $1,968 | $3,218 |
| East Poplar | $1,620 | $859 | $1,453 | $1,968 | $3,218 |
| Fishtown | $1,632 | $859 | $1,475 | $1,975 | $3,218 |
| Callowhill | $1,774 | $1,105 | $1,745 | $2,296 | $3,750 |
| Center City East | $1,827 | $1,140 | $1,832 | $2,530 | $4,040 |
| Mill Creek | $1,857 | $1,128 | $1,546 | $2,130 | $3,033 |
| Fairmount Park | $1,874 | $1,220 | $1,719 | $2,282 | $2,417 |
| Washington Square West | $1,895 | $1,145 | $1,845 | $2,525 | $3,763 |
| Yorktown | $1,945 | $1,037 | $1,460 | $1,948 | $2,949 |
| Market East | $2,023 | $1,238 | $1,889 | $2,922 | $4,559 |
| Chinatown | $2,023 | $1,238 | $1,889 | $2,922 | $4,559 |
| Rittenhouse Square | $2,083 | $1,577 | $1,922 | $2,712 | $4,192 |
| Old City | $2,097 | $1,357 | $1,786 | $2,714 | $4,437 |
| Center City West | $2,099 | $1,584 | $1,931 | $2,735 | $4,192 |
| Logan Square | $2,103 | $1,549 | $1,923 | $2,692 | $3,991 |
| Spring Garden | $2,117 | $1,402 | $1,893 | $2,603 | $3,262 |
| Francisville | $2,117 | $1,402 | $1,893 | $2,603 | $3,262 |
| Fairmount | $2,117 | $1,402 | $1,893 | $2,603 | $3,262 |
| West Shore | $2,185 | $1,166 | $1,790 | $2,661 | $3,284 |
| Spruce Hill | $2,185 | $1,166 | $1,790 | $2,661 | $3,284 |
| Olde Kensington | $2,303 | $1,789 | $1,477 | $1,924 | $2,893 |
| North Philadelphia | $2,303 | $1,789 | $1,477 | $1,924 | $2,893 |
| Norris Square | $2,303 | $1,789 | $1,477 | $1,924 | $2,893 |
| Ludlow | $2,303 | $1,789 | $1,477 | $1,924 | $2,893 |
| Kensington South | $2,303 | $1,789 | $1,477 | $1,924 | $2,893 |
| West Powelton | $2,326 | $1,213 | $1,932 | $2,785 | $3,313 |
| University City | $2,326 | $1,213 | $1,932 | $2,785 | $3,313 |
| Saunders Park | $2,326 | $1,213 | $1,932 | $2,785 | $3,313 |
| Powelton Village | $2,326 | $1,213 | $1,932 | $2,785 | $3,313 |
| Mantua | $2,326 | $1,213 | $1,932 | $2,785 | $3,313 |
| East Parkside | $2,326 | $1,213 | $1,932 | $2,785 | $3,313 |
| Belmont | $2,326 | $1,213 | $1,932 | $2,785 | $3,313 |
| Queen Village Pennsport | $2,446 | $1,685 | $2,126 | $2,513 | $3,327 |
| Passyunk Square | $2,446 | $1,685 | $2,126 | $2,513 | $3,327 |
| Hawthorne | $2,446 | $1,685 | $2,126 | $2,513 | $3,327 |
| Dickinson Narrows | $2,446 | $1,685 | $2,126 | $2,513 | $3,327 |
| Bella Vista | $2,446 | $1,685 | $2,126 | $2,513 | $3,327 |
| Society Hill | $2,473 | $1,654 | $2,038 | $3,096 | $4,414 |
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The most affordable neighborhoods in Philadelphia are Forgotten Blocks, where the average rent goes for $769/month, Tioga, where renters pay $769/mo on average, and West Fairhill, where the average rent goes for $769/mo. If you’re looking for other great deals, check out the listings from Fern Rock ($847), Logan ($847), and Ogontz ($856), where the asking prices are below the average Philadelphia rent of $1,525/mo.
The most expensive neighborhoods in Philadelphia are Passyunk Square ($2,446), Queen Village Pennsport ($2,446) and Society Hill ($2,473).
Philadelphia | Rent Comparison by Neighborhood
Rent in Academy Gardens is 23% lower than in Allegheny West
$1,046
Academy Gardens rent is 31% lower than Philadelphia average
| All rentals | $1,046 |
|---|---|
| Studio | $769 |
| 1 Bed | $959 |
| 2 Beds | $1,179 |
| 3 Beds | $1,537 |
$1,365
Allegheny West rent is 10% lower than Philadelphia average
| All rentals | $1,365 |
|---|---|
| Studio | $870 |
| 1 Bed | $1,303 |
| 2 Beds | $1,466 |
| 3 Beds | $1,448 |
How Does Philadelphia Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Philadelphia | $1,525 | 4% |
| Pittsburgh | $1,240 | 2% |
For more information about the Philadelphia rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
- The Legacy at Drexel Arms
- 1616 Fairmount Avenue, LP
- The Willows at Wissahickon - Formerly Cricket Court Commons
- Birchwood at Brooks - Formerly George Brooks School
- Nicetown Court I
- FOUND Residences | Philadelphia
- 2013 E. Orleans St.
- Kardon/Atlantic Apartments
- Regency House
- 3417 E. Street
- 1822 E. Madison Street
- 4223 Manayunk Avenue
- 4027 Baring Street
- Academia Suites
- Birchwood at Grays Ferry - Formerly St Anthony's Senior Residences
- 1854 E. Thayer Street
- Good Food Flats
- The Legacy at Powelton Village
- The Towers
- Oregon Arms
Mid-priced Listings on RENTCafé
- 2125 Walnut Street
- 115 S. 21 Street
- 2017 Spruce Street
- 326 S. 16th Street
- 2223 Locust Street
- Vista
- Presidential City
- 526 Moyamensing Ave
- 5261 Ridge Avenue
- Gateway Towers
- Packer Park Court Annex
- Packer Park Court
- 420 S. 15th Street
- 115 S. 21 Street
- 1452 S Chadwick St
- 2574 Collins St.
- Boone Lofts
- 4114 Lauriston Street
- Lincoln Square
- Waterfront I
Most Expensive Listings on RENTCafé
- 2013 Spruce Street
- Navona
- 912 Reed St
- Mercato
- The Collins
- 2025 Walnut Street
- 2444 Montrose St
- Baums by Collins
- 2116 Chestnut
- 1311 Spruce
- 1600 Walnut Street
- 216 S 11th St
- 4668 UMBRIA STREET LLC
- 1949 Locust Street
- 1900 Arch Street
- Liberties Walk Townhomes
- George St Townhomes
- 2131 Spruce St
- The Versailles
- 1837 Spruce St
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Philadelphia apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.