Philadelphia, PA Rental Market Trends
Highlights
The average rent for an apartment in Philadelphia is $1,499, a 2% increase compared to the previous year, when the average rent was $1,470.
Studio apartments in Philadelphia rent for $1,163 a month, while 1-bedroom apartments ask on average $1,350 a month; the average rent for a 2-bedroom apartment is $1,645.
Average Rent in Philadelphia, PA
Last updated Apr 2018
| All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Average Rent | $1,499 | $1,163 | $1,350 | $1,645 | $2,597 |
| Y-o-Y Change | 2% | 5% | 1% | 4% | 1% |
| Average Apartment Size | 795 sq. ft. | 483 sq. ft. | 697 sq. ft. | 950 sq. ft. | 1,388 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: 697. 2-bedroom apartments in Philadelphia have an average size of 950 sq. ft.
Philadelphia, PA Apartment Rent Ranges
- $501-$7003%
- $701-$1,00024%
- $1,001-$1,50035%
- $1,501-$2,00021%
- > $2,00018%
Philadelphia, PA Rent Trends
| Average Rent All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Apr / 2018 | $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 | $764 | $635 | $742 | $775 | $876 |
| Tioga | $764 | $635 | $742 | $775 | $876 |
| Forgotten Blocks | $764 | $635 | $742 | $775 | $876 |
| Logan | $856 | $787 | $846 | $911 | $1,200 |
| Fern Rock | $856 | $787 | $846 | $911 | $1,200 |
| Ogontz | $864 | $787 | $840 | $929 | $1,200 |
| East Oak Lane | $867 | $771 | $840 | $940 | $1,200 |
| Juniata Park | $884 | $637 | $794 | $955 | $955 |
| Summerdale | $885 | $698 | $770 | $970 | $1,271 |
| Lawncrest | $903 | $693 | $793 | $988 | $1,271 |
| Oxford Circle | $903 | $698 | $792 | $1,017 | $1,300 |
| Castor Gardens | $903 | $698 | $792 | $1,017 | $1,300 |
| Upper Northwood | $916 | $698 | $793 | $1,012 | $1,300 |
| Lawndale | $916 | $698 | $793 | $1,012 | $1,300 |
| Fox Chase | $916 | $698 | $793 | $1,012 | $1,300 |
| Burholme | $916 | $698 | $793 | $1,012 | $1,300 |
| Rhawnhurst | $922 | $697 | $848 | $1,015 | $1,300 |
| Cobbs Creek | $959 | $750 | $911 | $1,272 | $2,325 |
| Morris Park | $970 | $667 | $882 | $1,085 | $1,740 |
| Somerton | $984 | $736 | $882 | $1,102 | $1,545 |
| Byberry | $1,026 | $744 | $920 | $1,104 | $1,321 |
| Academy Gardens | $1,043 | $749 | $950 | $1,185 | $1,563 |
| Kingsessing | $1,064 | $803 | $989 | $1,470 | $2,325 |
| Garden Court | $1,064 | $803 | $989 | $1,470 | $2,325 |
| Elmwood | $1,064 | $803 | $989 | $1,470 | $2,325 |
| Cedar Park | $1,064 | $803 | $989 | $1,470 | $2,325 |
| Walton Park | $1,069 | $755 | $970 | $1,106 | $1,245 |
| Parkwood | $1,069 | $755 | $970 | $1,106 | $1,245 |
| Normandy | $1,069 | $755 | $970 | $1,106 | $1,245 |
| Modena Park | $1,069 | $755 | $970 | $1,106 | $1,245 |
| Millbrook | $1,069 | $755 | $970 | $1,106 | $1,245 |
| Northeast Philadelphia Airport | $1,071 | $747 | $977 | $1,166 | $1,335 |
| Crestmont Farms | $1,071 | $747 | $977 | $1,166 | $1,335 |
| West Torresdale | $1,072 | $744 | $980 | $1,203 | $1,563 |
| Morrell Park | $1,072 | $744 | $980 | $1,203 | $1,563 |
| East Torresdale | $1,072 | $744 | $980 | $1,203 | $1,563 |
| Brookhaven | $1,072 | $744 | $980 | $1,203 | $1,563 |
| Ashton - Woodenbridge | $1,072 | $744 | $980 | $1,203 | $1,563 |
| West Mount Airy | $1,105 | $792 | $995 | $1,251 | $1,442 |
| East Mount Airy | $1,105 | $792 | $995 | $1,251 | $1,442 |
| Overbrook Park | $1,121 | $738 | $970 | $1,170 | $1,740 |
| Green Hill Farms | $1,121 | $738 | $970 | $1,170 | $1,740 |
| Cobbs Creek Park | $1,121 | $738 | $970 | $1,170 | $1,740 |
| East Germantown | $1,158 | $865 | $1,082 | $1,291 | $1,996 |
| Germantown | $1,170 | $865 | $1,095 | $1,312 | $1,996 |
| Blue Bell Hill | $1,170 | $865 | $1,095 | $1,312 | $1,996 |
| East Falls | $1,206 | $866 | $1,134 | $1,345 | $1,978 |
| Haddington | $1,250 | $802 | $1,150 | $1,447 | $2,319 |
| Strawberry Mansion | $1,264 | $1,073 | $1,036 | $1,527 | $1,763 |
| North Central Philadelphia | $1,264 | $1,073 | $1,036 | $1,527 | $1,763 |
| Overbrook Farms | $1,277 | $835 | $1,166 | $1,440 | $2,260 |
| Overbrook | $1,277 | $835 | $1,166 | $1,440 | $2,260 |
| Carroll Park | $1,277 | $835 | $1,166 | $1,440 | $2,260 |
| Wynnefield Heights | $1,299 | $843 | $1,192 | $1,478 | $2,319 |
| Wynnefield | $1,299 | $843 | $1,192 | $1,478 | $2,319 |
| West Parkside | $1,299 | $843 | $1,192 | $1,478 | $2,319 |
| West Fairmount Park | $1,299 | $843 | $1,192 | $1,478 | $2,319 |
| Cathedral Park | $1,299 | $843 | $1,192 | $1,478 | $2,319 |
| Shawmont Valley | $1,313 | $1,015 | $1,190 | $1,375 | $1,729 |
| Central Roxborough | $1,313 | $1,015 | $1,190 | $1,375 | $1,729 |
| Andorra | $1,313 | $1,015 | $1,190 | $1,375 | $1,729 |
| Sharswood | $1,339 | $1,092 | $1,111 | $1,585 | $2,428 |
| Cecil B Moore | $1,339 | $1,092 | $1,111 | $1,585 | $2,428 |
| Cabot | $1,339 | $1,092 | $1,111 | $1,585 | $2,428 |
| Brewerytown | $1,339 | $1,092 | $1,111 | $1,585 | $2,428 |
| Wissahickon Park | $1,342 | $1,040 | $1,175 | $1,447 | $1,908 |
| Paradise | $1,367 | $816 | $1,310 | $1,474 | $1,427 |
| Allegheny West | $1,367 | $816 | $1,310 | $1,474 | $1,427 |
| Wissahickon | $1,394 | $1,040 | $1,269 | $1,486 | $1,755 |
| Upper Roxborough | $1,394 | $1,040 | $1,269 | $1,486 | $1,755 |
| Manayunk | $1,394 | $1,040 | $1,269 | $1,486 | $1,755 |
| Chestnut Hill | $1,397 | $1,065 | $1,150 | $1,606 | $2,426 |
| Hunting Park Industrial Area | $1,524 | $936 | $1,487 | $1,554 | $1,916 |
| West Poplar | $1,642 | $846 | $1,498 | $1,970 | $3,111 |
| Northern Liberties | $1,642 | $846 | $1,498 | $1,970 | $3,111 |
| East Poplar | $1,642 | $846 | $1,498 | $1,970 | $3,111 |
| Fishtown | $1,655 | $846 | $1,518 | $1,980 | $3,111 |
| Callowhill | $1,764 | $1,140 | $1,731 | $2,281 | $3,767 |
| Center City East | $1,808 | $1,179 | $1,809 | $2,505 | $4,125 |
| Fairmount Park | $1,826 | $1,330 | $1,602 | $2,245 | $2,460 |
| Mill Creek | $1,831 | $1,076 | $1,504 | $2,118 | $3,131 |
| Washington Square West | $1,890 | $1,184 | $1,821 | $2,542 | $3,818 |
| Yorktown | $1,942 | $1,026 | $1,494 | $1,953 | $2,838 |
| Market East | $1,970 | $1,282 | $1,861 | $2,730 | $4,604 |
| Chinatown | $1,970 | $1,282 | $1,861 | $2,730 | $4,604 |
| Old City | $2,024 | $1,412 | $1,774 | $2,499 | $4,410 |
| Rittenhouse Square | $2,063 | $1,566 | $1,904 | $2,710 | $4,125 |
| Spring Garden | $2,077 | $1,490 | $1,794 | $2,591 | $3,348 |
| Francisville | $2,077 | $1,490 | $1,794 | $2,591 | $3,348 |
| Fairmount | $2,077 | $1,490 | $1,794 | $2,591 | $3,348 |
| Logan Square | $2,079 | $1,557 | $1,890 | $2,688 | $3,959 |
| Center City West | $2,079 | $1,574 | $1,914 | $2,731 | $4,125 |
| West Shore | $2,131 | $1,123 | $1,745 | $2,631 | $3,386 |
| Spruce Hill | $2,131 | $1,123 | $1,745 | $2,631 | $3,386 |
| West Powelton | $2,268 | $1,167 | $1,889 | $2,744 | $3,416 |
| University City | $2,268 | $1,167 | $1,889 | $2,744 | $3,416 |
| Saunders Park | $2,268 | $1,167 | $1,889 | $2,744 | $3,416 |
| Powelton Village | $2,268 | $1,167 | $1,889 | $2,744 | $3,416 |
| Mantua | $2,268 | $1,167 | $1,889 | $2,744 | $3,416 |
| East Parkside | $2,268 | $1,167 | $1,889 | $2,744 | $3,416 |
| Belmont | $2,268 | $1,167 | $1,889 | $2,744 | $3,416 |
| Olde Kensington | $2,272 | $1,775 | $1,484 | $1,933 | $2,782 |
| North Philadelphia | $2,272 | $1,775 | $1,484 | $1,933 | $2,782 |
| Norris Square | $2,272 | $1,775 | $1,484 | $1,933 | $2,782 |
| Ludlow | $2,272 | $1,775 | $1,484 | $1,933 | $2,782 |
| Kensington South | $2,272 | $1,775 | $1,484 | $1,933 | $2,782 |
| Society Hill | $2,371 | $1,739 | $1,983 | $2,875 | $4,395 |
| Queen Village Pennsport | $2,508 | $1,605 | $2,059 | $2,616 | $3,397 |
| Passyunk Square | $2,508 | $1,605 | $2,059 | $2,616 | $3,397 |
| Hawthorne | $2,508 | $1,605 | $2,059 | $2,616 | $3,397 |
| Dickinson Narrows | $2,508 | $1,605 | $2,059 | $2,616 | $3,397 |
| Bella Vista | $2,508 | $1,605 | $2,059 | $2,616 | $3,397 |
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The most affordable neighborhoods in Philadelphia are Forgotten Blocks, where the average rent goes for $764/month, Tioga, where renters pay $764/mo on average, and West Fairhill, where the average rent goes for $764/mo. If you’re looking for other great deals, check out the listings from Fern Rock ($856), Logan ($856), and Ogontz ($864), where the asking prices are below the average Philadelphia rent of $1,499/mo.
The most expensive neighborhoods in Philadelphia are Hawthorne ($2,508), Passyunk Square ($2,508) and Queen Village Pennsport ($2,508).
Philadelphia | Rent Comparison by Neighborhood
Rent in Academy Gardens is 24% lower than in Allegheny West
$1,043
Academy Gardens rent is 30% lower than Philadelphia average
| All rentals | $1,043 |
|---|---|
| Studio | $749 |
| 1 Bed | $950 |
| 2 Beds | $1,185 |
| 3 Beds | $1,563 |
$1,367
Allegheny West rent is 9% lower than Philadelphia average
| All rentals | $1,367 |
|---|---|
| Studio | $816 |
| 1 Bed | $1,310 |
| 2 Beds | $1,474 |
| 3 Beds | $1,427 |
How Does Philadelphia Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Philadelphia | $1,499 | 2% |
| Pittsburgh | $1,245 | 3% |
For more information about the Philadelphia rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
- 1616 Fairmount Avenue, LP
- The Willows at Wissahickon - Formerly Cricket Court Commons
- Nicetown Court I
- FOUND Residences | Philadelphia
- Kardon/Atlantic Apartments
- The Willows at Frankford - Formerly Foulkrod Apartments
- Birchwood at Cedars Village - Formerly Cedars Village
- The Willows at Edgewood - Formerly Edgewood Manor
- Academia Suites
- Regency Park
- Birchwood at Grays Ferry - Formerly St Anthony's Senior Residences
- Terrace South
- The Towers
- Oregon Arms
- The Willows at Cobbs Creek - Formerly South 55th
- The Plaza
- Bromley House
- Gardens of Mt. Airy
- The Willows at Walnut Hill - Formerly Chatham Court
- YONO
Mid-priced Listings on RENTCafé
- Presidential City
- Paseo Verde South
- Lincoln Square
- 328 S. 17th Street
- 115 S. 21 Street
- Midtown Apartments
- 2127 Walnut Street
- Parkway House Apartments
- Boone Lofts
- 115 S. 21 Street
- Waterfront I
- Terrace North
- Hamilton Court
- 5261 Ridge Avenue
- 5021 Parrish St
- 5020 Ogden St
- 1830 Judson St
- Packer Park Court
- The Shirt Corner Apartments
- 243 Daly St
Most Expensive Listings on RENTCafé
- Navona
- 2116 Chestnut
- The Collins
- 336 - 338 S. 6th Street
- 2013 Spruce Street
- Waterfront II
- 1949 Locust Street
- Mercato
- 1535 Pine Street
- Baums by Collins
- The Pepper Building
- 1819 Spruce Street
- 4668 UMBRIA STREET LLC
- 229 Christian St
- 1404 Wharton St
- 1137 S 10th St
- 1530 Pine Street
- Liberties Walk Townhomes
- George St Townhomes
- The Royer
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.