Center City, Philadelphia, PA Rental Market Trends
Last updated: April 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Center City is $2,479, a 0.04% decrease compared to the previous year, when the average rent was $2,480.
Studio Apartments at $1,659 offer the most budget-friendly option with 454 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 728 square feet for $2,278, balancing privacy and affordability.
Two-beedroom units at $3,330 offer 1,111 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,708 sq ft) for $5,564, suitable for larger households.
Average rent in Center City, Philadelphia, PA
Last updated: April 22, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,479 | 790 sq. ft. |
| Studio | $1,659 | 454 sq. ft. |
| 1 Bed | $2,278 | 728 sq. ft. |
| 2 Beds | $3,330 | 1,111 sq. ft. |
| 3 Beds | $5,564 | 1,708 sq. ft. |
Center City, Philadelphia, PA rent trends
Rental prices in Center City, Philadelphia, PA have decreased by 0.04% over the past year. The average rent moved from $2,480 to $2,479.
What's the typical rent budget in Center City, Philadelphia, PA?
The largest share of rentals in Center City, Philadelphia, PA (27%) fall between $1,501-$2,000 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?
Ogontz $1,092/month
Frankford $1,105/month
Tioga $1,182/month
All of these neighborhoods fall below the city wide average of $2,002/month.Most expensive neighborhoods in Center City?
Society Hill $3,303/month
University City $3,322/month
Hawthorne $3,353/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Philadelphia, PA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Hawthorne | $3,353 |
| University City | $3,322 |
| Society Hill | $3,303 |
| Center City West | $2,897 |
| North Philadelphia | $2,672 |
| Powelton Village | $2,623 |
| Passyunk Square | $2,612 |
| Rittenhouse Square | $2,531 |
| Logan Square | $2,428 |
| Northern Liberties | $2,406 |
| Old City | $2,309 |
| Southwest Center City | $2,296 |
| West Poplar | $2,258 |
| Manayunk | $2,239 |
| Market East | $2,232 |
| Olde Kensington | $2,230 |
| Spring Garden | $2,186 |
| East Poplar | $2,152 |
| Fishtown | $2,114 |
| Kensington South | $2,093 |
| Washington Square West | $2,021 |
| Callowhill | $1,997 |
| Chestnut Hill | $1,938 |
| Paradise | $1,897 |
| Cabot | $1,881 |
| East Torresdale | $1,846 |
| Norris Square | $1,813 |
| Central Roxborough | $1,799 |
| Spruce Hill | $1,793 |
| Brewerytown | $1,765 |
| Mantua | $1,763 |
| East Kensington | $1,742 |
| Packer Park | $1,736 |
| Garden Court | $1,734 |
| Francisville | $1,725 |
| Wynnefield Heights | $1,716 |
| Wynnefield | $1,686 |
| Upper Roxborough | $1,682 |
| Andorra | $1,682 |
| East Falls | $1,634 |
| Point Breeze | $1,596 |
| Overbrook Farms | $1,596 |
| West Torresdale | $1,554 |
| West Mount Airy | $1,522 |
| Wissahickon | $1,503 |
| Holmesburg | $1,499 |
| Bustleton | $1,496 |
| Germantown | $1,477 |
| Rhawnhurst | $1,450 |
| Fox Chase | $1,436 |
| Kensington | $1,428 |
| Winchester | $1,418 |
| Cobbs Creek | $1,400 |
| Bells Corner | $1,398 |
| Burholme | $1,385 |
| Cecil B Moore | $1,383 |
| East Oak Lane | $1,375 |
| East Mount Airy | $1,375 |
| Ashton - Woodenbridge | $1,361 |
| Cedarbrook | $1,350 |
| Eastwick Southwest Philadelphia | $1,329 |
| West Oak Lane | $1,308 |
| Olney | $1,293 |
| Logan | $1,271 |
| Cedar Park | $1,268 |
| Fern Rock | $1,268 |
| Walnut Hill | $1,188 |
| Tioga | $1,182 |
| Frankford | $1,105 |
| Ogontz | $1,092 |
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Philadelphia | Rent Comparison by Neighborhood
Rent in Andorra is 24% higher than in Ashton - Woodenbridge
$1,682
Andorra rent is 32% lower than Philadelphia average
Average Rent
$1,682
$1,361
Ashton - Woodenbridge rent is 45% lower than Philadelphia average
Average Rent
$1,361
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.