Philadelphia, PA Rental Market Trends
Highlights
The average rent for an apartment in Philadelphia is $1,523, a 2% increase compared to the previous year, when the average rent was $1,495.
Studio apartments in Philadelphia rent for $1,158 a month, while 1-bedroom apartments ask on average $1,378 a month; the average rent for a 2-bedroom apartment is $1,669.
Average Rent in Philadelphia, PA
Last updated Jan 2019
| All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Average Rent | $1,523 | $1,158 | $1,378 | $1,669 | $2,607 |
| Y-o-Y Change | 2% | 1% | 2% | 2% | 2% |
| Average Apartment Size | 795 sq. ft. | 483 sq. ft. | 696 sq. ft. | 954 sq. ft. | 1,392 sq. ft. |
The average size for a Philadelphia apartment is 795 square feet, but this number varies greatly depending on apartment type. A studio averages 483 sq. ft., while a one-bedroom apartment offers a more generous square footage: 696. 2-bedroom apartments in Philadelphia have an average size of 954 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 | |
|---|---|---|---|---|---|
| Jan / 2019 | $1,523 | $1,158 | $1,378 | $1,669 | $2,607 |
| Jan / 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 |
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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 | $825 | $911 | $1,200 |
| Fern Rock | $847 | $787 | $825 | $911 | $1,200 |
| Ogontz | $856 | $787 | $820 | $933 | $1,200 |
| East Oak Lane | $872 | $779 | $833 | $958 | $1,200 |
| Juniata Park | $890 | $626 | $797 | $959 | $1,058 |
| Summerdale | $898 | $677 | $778 | $975 | $1,364 |
| Oxford Circle | $909 | $678 | $790 | $1,018 | $1,392 |
| Castor Gardens | $909 | $678 | $790 | $1,018 | $1,392 |
| Lawncrest | $914 | $673 | $803 | $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 |
| Cobbs Creek | $987 | $778 | $965 | $1,232 | $2,374 |
| Morris Park | $994 | $702 | $904 | $1,109 | $1,720 |
| 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 | $1,167 | $1,344 |
| Crestmont Farms | $1,079 | $769 | $990 | $1,167 | $1,344 |
| West Mount Airy | $1,083 | $826 | $963 | $1,246 | $1,510 |
| East Mount Airy | $1,083 | $826 | $963 | $1,246 | $1,510 |
| Walton Park | $1,085 | $775 | $982 | $1,124 | $1,267 |
| Parkwood | $1,085 | $775 | $982 | $1,124 | $1,267 |
| Normandy | $1,085 | $775 | $982 | $1,124 | $1,267 |
| Modena Park | $1,085 | $775 | $982 | $1,124 | $1,267 |
| Millbrook | $1,085 | $775 | $982 | $1,124 | $1,267 |
| Kingsessing | $1,088 | $821 | $1,048 | $1,413 | $2,374 |
| Garden Court | $1,088 | $821 | $1,048 | $1,413 | $2,374 |
| Elmwood | $1,088 | $821 | $1,048 | $1,413 | $2,374 |
| Cedar Park | $1,088 | $821 | $1,048 | $1,413 | $2,374 |
| East Germantown | $1,125 | $855 | $1,049 | $1,290 | $1,877 |
| Germantown | $1,135 | $855 | $1,061 | $1,309 | $1,877 |
| Blue Bell Hill | $1,135 | $855 | $1,061 | $1,309 | $1,877 |
| Overbrook Park | $1,137 | $733 | $974 | $1,204 | $1,720 |
| Green Hill Farms | $1,137 | $733 | $974 | $1,204 | $1,720 |
| Cobbs Creek Park | $1,137 | $733 | $974 | $1,204 | $1,720 |
| East Falls | $1,175 | $859 | $1,102 | $1,341 | $1,894 |
| Strawberry Mansion | $1,240 | $930 | $1,074 | $1,529 | $1,652 |
| North Central Philadelphia | $1,240 | $930 | $1,074 | $1,529 | $1,652 |
| Sharswood | $1,311 | $943 | $1,157 | $1,586 | $2,234 |
| Cecil B Moore | $1,311 | $943 | $1,157 | $1,586 | $2,234 |
| Cabot | $1,311 | $943 | $1,157 | $1,586 | $2,234 |
| Brewerytown | $1,311 | $943 | $1,157 | $1,586 | $2,234 |
| 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 |
| Haddington | $1,336 | $955 | $1,248 | $1,500 | $2,583 |
| Wissahickon Park | $1,341 | $1,045 | $1,167 | $1,447 | $1,952 |
| Overbrook Farms | $1,355 | $984 | $1,256 | $1,494 | $2,524 |
| Overbrook | $1,355 | $984 | $1,256 | $1,494 | $2,524 |
| Carroll Park | $1,355 | $984 | $1,256 | $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 | $1,389 | $990 | $1,252 | $1,475 | $1,864 |
| Upper Roxborough | $1,389 | $990 | $1,252 | $1,475 | $1,864 |
| Manayunk | $1,389 | $990 | $1,252 | $1,475 | $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 | $1,773 | $1,105 | $1,742 | $2,299 | $3,750 |
| Center City East | $1,826 | $1,140 | $1,829 | $2,535 | $4,040 |
| Mill Creek | $1,856 | $1,128 | $1,546 | $2,112 | $3,034 |
| Fairmount Park | $1,868 | $1,220 | $1,709 | $2,283 | $2,353 |
| Washington Square West | $1,894 | $1,145 | $1,842 | $2,528 | $3,763 |
| Yorktown | $1,945 | $1,037 | $1,460 | $1,948 | $2,949 |
| Market East | $2,022 | $1,238 | $1,887 | $2,923 | $4,559 |
| Chinatown | $2,022 | $1,238 | $1,887 | $2,923 | $4,559 |
| Rittenhouse Square | $2,079 | $1,566 | $1,913 | $2,723 | $4,235 |
| Old City | $2,096 | $1,357 | $1,786 | $2,711 | $4,437 |
| Center City West | $2,102 | $1,580 | $1,932 | $2,741 | $4,235 |
| Logan Square | $2,106 | $1,546 | $1,924 | $2,697 | $4,026 |
| Spring Garden | $2,117 | $1,402 | $1,893 | $2,604 | $3,246 |
| Francisville | $2,117 | $1,402 | $1,893 | $2,604 | $3,246 |
| Fairmount | $2,117 | $1,402 | $1,893 | $2,604 | $3,246 |
| West Shore | $2,186 | $1,166 | $1,792 | $2,643 | $3,283 |
| Spruce Hill | $2,186 | $1,166 | $1,792 | $2,643 | $3,283 |
| 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 | $2,328 | $1,213 | $1,933 | $2,769 | $3,312 |
| University City | $2,328 | $1,213 | $1,933 | $2,769 | $3,312 |
| Saunders Park | $2,328 | $1,213 | $1,933 | $2,769 | $3,312 |
| Powelton Village | $2,328 | $1,213 | $1,933 | $2,769 | $3,312 |
| Mantua | $2,328 | $1,213 | $1,933 | $2,769 | $3,312 |
| East Parkside | $2,328 | $1,213 | $1,933 | $2,769 | $3,312 |
| Belmont | $2,328 | $1,213 | $1,933 | $2,769 | $3,312 |
| 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 | $2,472 | $1,654 | $2,038 | $3,092 | $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 $1,523/mo.
The most expensive neighborhoods in Philadelphia are Passyunk Square ($2,446), Queen Village Pennsport ($2,446) and Society Hill ($2,472).
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 | $1,523 | 2% |
| Pittsburgh | $1,241 | -1% |
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
- Nicetown Court I
- Nicetown Court
- Birchwood at Brooks - Formerly George Brooks School
- The Legacy at Powelton Village
- 3017 N. Bailey Street
- 718 E Willard Street
- 1943 E. Somerset St
- 3526 Jasper St
- 1540 Church Street
- 2209 Cantrell Street
- 3126 N. Chadwick Street
- 3028 Agate St
- Kardon/Atlantic Apartments
- 937 S Conestoga Street
- 2013 E. Orleans St.
- 6051 N. Norwood Street
- 1863 Clarence St.
Mid-priced Listings on RENTCafé
- 1647 Wilton St
- 5932 Ridge Avenue
- 1200 N. 5th Street, LLC
- The Yorkhouse
- Embassy Apartments
- Henry on the Park Apartment Homes
- Haverford Court
- Bromley House
- Midtown Apartments
- Willow Bend Apartments
- Delmar Morris
- Vista
- Longwood Manor
- Sedgwick Gardens
- Oregon Court
- Garden Court Plaza
- 5842 Walton Street
- 2422 N. 31st St
- 6619 Ridge Avenue
- FOUND Residences | Philadelphia
Most Expensive Listings on RENTCafé
- 1919 Market St.
- 320 Walnut Street
- The Republic
- 2116 Chestnut
- 1819 Spruce Street
- 265 S 22nd St
- 1949 Locust Street
- 1250 S 19th St
- 159 Hermitage Street
- 2040 Market Apartments
- The Collins
- The Atlantic
- Baums by Collins
- 262 S. Alder St
- 2444 Montrose St
- The Alexander
- 1600 Walnut Street
- 4668 UMBRIA STREET LLC
- THE GRIFFIN CENTER CITY
- The Versailles
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.