Center City, Philadelphia, PA Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Center City is $2,544, a 3.85% increase compared to the previous year, when the average rent was $2,450.
Studio Apartments at $1,663 offer the most budget-friendly option with 454 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 733 square feet for $2,378, balancing privacy and affordability.
Two-beedroom units at $3,410 offer 1,108 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,706 sq ft) for $5,445, suitable for larger households.
Average rent in Center City, Philadelphia, PA
Last updated: October 19, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,544 | 788 sq. ft. |
| Studio | $1,663 | 454 sq. ft. |
| 1 Bed | $2,378 | 733 sq. ft. |
| 2 Beds | $3,410 | 1,108 sq. ft. |
| 3 Beds | $5,445 | 1,706 sq. ft. |
Center City, Philadelphia, PA rent trends
Rental prices in Center City, Philadelphia, PA have increased by 3.85% over the past year. The average rent moved from $2,450 to $2,544.
What's the typical rent budget in Center City, Philadelphia, PA?
The largest share of rentals in Center City, Philadelphia, PA (29%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Center City, Philadelphia, PA?
29,064 or 70% of the households in Center City, Philadelphia, PA are renter-occupied while 12,700 or 30% are owner-occupied.
Most affordable neighborhoods in Center City?
Tioga $1,051/month
Frankford $1,056/month
Ogontz $1,109/month
All of these neighborhoods fall below the city wide average of $2,027/month.Most expensive neighborhoods in Center City?
Northern Liberties $2,962/month
University City $3,255/month
Society Hill $3,305/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Philadelphia, PA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Society Hill | $3,305 |
| University City | $3,255 |
| Northern Liberties | $2,962 |
| Center City West | $2,791 |
| Powelton Village | $2,752 |
| North Philadelphia | $2,627 |
| Rittenhouse Square | $2,600 |
| Logan Square | $2,543 |
| West Poplar | $2,420 |
| Old City | $2,383 |
| Passyunk Square | $2,373 |
| Olde Kensington | $2,298 |
| Manayunk | $2,294 |
| Market East | $2,273 |
| Washington Square West | $2,232 |
| Kensington South | $2,183 |
| Fishtown | $2,177 |
| East Poplar | $2,146 |
| Callowhill | $2,131 |
| Spring Garden | $2,118 |
| Chestnut Hill | $1,975 |
| Spruce Hill | $1,888 |
| Paradise | $1,859 |
| Wynnefield Heights | $1,842 |
| Cabot | $1,826 |
| East Torresdale | $1,824 |
| Mantua | $1,810 |
| Central Roxborough | $1,769 |
| Upper Roxborough | $1,742 |
| Packer Park | $1,737 |
| Francisville | $1,725 |
| Brewerytown | $1,706 |
| Garden Court | $1,691 |
| Andorra | $1,689 |
| Wynnefield | $1,683 |
| Wissahickon | $1,665 |
| East Falls | $1,648 |
| Parkwood | $1,643 |
| Overbrook Farms | $1,629 |
| East Kensington | $1,611 |
| Holmesburg | $1,548 |
| West Mount Airy | $1,542 |
| Point Breeze | $1,542 |
| Somerton | $1,505 |
| Bustleton | $1,497 |
| Germantown | $1,481 |
| Cecil B Moore | $1,477 |
| West Torresdale | $1,473 |
| Winchester | $1,458 |
| Rhawnhurst | $1,448 |
| Millbrook | $1,442 |
| Fox Chase | $1,422 |
| Kensington | $1,410 |
| Melrose Park Gardens | $1,407 |
| East Oak Lane | $1,406 |
| Ashton - Woodenbridge | $1,401 |
| Burholme | $1,399 |
| Bells Corner | $1,380 |
| East Mount Airy | $1,368 |
| Cedarbrook | $1,339 |
| Cobbs Creek | $1,337 |
| Oxford Circle | $1,334 |
| Tacony | $1,329 |
| Eastwick Southwest Philadelphia | $1,329 |
| West Oak Lane | $1,304 |
| Logan | $1,245 |
| Cedar Park | $1,218 |
| Olney | $1,200 |
| Fern Rock | $1,192 |
| Walnut Hill | $1,156 |
| Lexington | $1,152 |
| Ogontz | $1,109 |
| Frankford | $1,056 |
| Tioga | $1,051 |
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Philadelphia | Rent Comparison by Neighborhood
Rent in Andorra is 21% higher than in Ashton - Woodenbridge
$1,689
Andorra rent is 34% lower than Philadelphia average
Average Rent
$1,689
$1,401
Ashton - Woodenbridge rent is 45% lower than Philadelphia average
Average Rent
$1,401
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Center City apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.