Center City, Philadelphia, PA Rental Market Trends
Last updated: September 30, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Center City is $2,522, a 0.62% increase compared to the previous year, when the average rent was $2,507.
Studio Apartments at $1,664 offer the most budget-friendly option with 453 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 722 square feet for $2,301, balancing privacy and affordability.
Two-bedroom units at $3,451 offer 1,104 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,694 sq ft) for $5,659, suitable for larger households.
Average rent in Center City, Philadelphia, PA
Last updated: September 30, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,522 | 784 sq. ft. |
| Studio | $1,664 | 453 sq. ft. |
| 1 Bed | $2,301 | 722 sq. ft. |
| 2 Beds | $3,451 | 1,104 sq. ft. |
| 3 Beds | $5,659 | 1,694 sq. ft. |
Center City, Philadelphia, PA rent trends
Rental prices in Center City, Philadelphia, PA have increased by 0.62% over the past year. The average rent moved from $2,507 to $2,522.
What's the typical rent budget in Center City, Philadelphia, PA?
The largest share of rentals in Center City, Philadelphia, PA (28%) 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?
30,283 or 71% of the households in Center City, Philadelphia, PA are renter-occupied while 12,499 or 29% are owner-occupied.
Most affordable neighborhoods in Center City?
Ogontz $1,102/month
Frankford $1,159/month
Walnut Hill $1,202/month
All of these neighborhoods fall below the city wide average of $2,036/month.Most expensive neighborhoods in Center City?
Navy Yard $3,460/month
Society Hill $3,495/month
Hawthorne $3,610/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Philadelphia, PA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Hawthorne | $3,610 |
| Society Hill | $3,495 |
| Navy Yard | $3,460 |
| University City | $3,342 |
| Center City West | $2,884 |
| North Philadelphia | $2,717 |
| Powelton Village | $2,623 |
| Rittenhouse Square | $2,578 |
| Logan Square | $2,486 |
| Passyunk Square | $2,476 |
| Old City | $2,408 |
| West Poplar | $2,332 |
| Southwest Center City | $2,280 |
| Manayunk | $2,265 |
| East Poplar | $2,252 |
| Market East | $2,242 |
| Spring Garden | $2,237 |
| Olde Kensington | $2,181 |
| Kensington South | $2,148 |
| Fishtown | $2,060 |
| Northern Liberties | $2,060 |
| Callowhill | $2,017 |
| Washington Square West | $1,967 |
| Spruce Hill | $1,936 |
| Paradise | $1,911 |
| Chestnut Hill | $1,900 |
| East Torresdale | $1,842 |
| Mill Creek | $1,831 |
| Cabot | $1,830 |
| Francisville | $1,829 |
| Central Roxborough | $1,808 |
| Norris Square | $1,799 |
| Brewerytown | $1,786 |
| Packer Park | $1,775 |
| Wynnefield Heights | $1,771 |
| East Kensington | $1,743 |
| Andorra | $1,733 |
| Mantua | $1,729 |
| Garden Court | $1,721 |
| Upper Roxborough | $1,704 |
| Wynnefield | $1,696 |
| East Falls | $1,652 |
| Wissahickon | $1,632 |
| Overbrook Farms | $1,602 |
| Point Breeze | $1,586 |
| Kensington | $1,571 |
| West Torresdale | $1,562 |
| West Mount Airy | $1,522 |
| Germantown | $1,517 |
| Somerton | $1,493 |
| Bustleton | $1,480 |
| Holmesburg | $1,479 |
| Rhawnhurst | $1,453 |
| Fox Chase | $1,430 |
| Winchester | $1,427 |
| Millbrook | $1,418 |
| East Oak Lane | $1,415 |
| East Mount Airy | $1,410 |
| Ashton - Woodenbridge | $1,385 |
| Cedarbrook | $1,381 |
| Cecil B Moore | $1,371 |
| Bells Corner | $1,349 |
| Eastwick Southwest Philadelphia | $1,329 |
| Olney | $1,282 |
| Cobbs Creek | $1,278 |
| Fern Rock | $1,275 |
| Tioga | $1,261 |
| Lexington | $1,257 |
| West Oak Lane | $1,255 |
| Burholme | $1,245 |
| Logan | $1,229 |
| Cedar Park | $1,219 |
| Walnut Hill | $1,202 |
| Frankford | $1,159 |
| Ogontz | $1,102 |
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Philadelphia | Rent Comparison by Neighborhood
Rent in Andorra is 25% higher than in Ashton - Woodenbridge
$1,733
Andorra rent is 31% lower than Philadelphia average
Average Rent
$1,733
$1,385
Ashton - Woodenbridge rent is 45% lower than Philadelphia average
Average Rent
$1,385
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.