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 Oct 2018
| 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 | |
|---|---|---|---|---|---|
| Oct / 2018 | $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
- 2224 North 15th Street
- Birchwood at Brooks - Formerly George Brooks School
- 1616 Fairmount Avenue, LP
- The Willows at Wissahickon - Formerly Cricket Court Commons
- Nicetown Court I
- Nicetown Court
- The Legacy at Drexel Arms
- FOUND Residences | Philadelphia
- 937 S Conestoga Street
- 2013 E. Orleans St.
- Kardon/Atlantic Apartments
- 1822 E. Madison Street
- 3417 E. Street
- 4027 Baring Street
- Academia Suites
- Regency House
- Evergreen Manor
- Bromley House
- The Willows at Walnut Hill - Formerly Chatham Court
- 2320 E. Cambria St.
Mid-priced Listings on RENTCafé
- Garden Court Plaza
- 6011 Ridge Avenue
- 5842 Walton Street
- Cosmopolitan Apartments
- Gateway Towers
- Vista
- Rittenhouse Hill
- 5226-30 Ridge Avenue, LP
- 1214 Waverly Walkway
- Paseo Verde South
- 2017 Spruce Street
- 1736 S 20th St
- 2007 N 17th St
- Hill House
- 115 S. 21 Street
- 2574 Collins St.
- Waterfront I
- 2057 Mountain St
- Terrace North
- Presidential City
Most Expensive Listings on RENTCafé
- The Franklin Residences
- 159 Hermitage Street
- 600 on Broad
- 2040 Market Apartments
- 2116 Chestnut
- 416 S. 15th Street
- 320 Walnut Street
- The Atlantic
- 2025 Walnut Street
- 2444 Montrose St
- 262 S. Alder St
- 1949 Locust Street
- Baums by Collins
- 1600 Walnut Street
- Mulberry Court
- 4668 UMBRIA STREET LLC
- The Alexander
- 1013 Spruce Street Rear
- 1200 Spruce St 1st Front
- 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.