Lexington, Philadelphia, PA Rental Market Trends
Last updated: April 27, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lexington is $1,274, a 9.5% increase compared to the previous year, when the average rent was $1,164.
One-bedroom apartments provide 708 square feet for $1,325, balancing privacy and affordability.
Average rent in Lexington, Philadelphia, PA
Last updated: April 27, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,274 | 707 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,325 | 708 sq. ft. |
| 2 Beds | n/a | n/a |
| 3 Beds | n/a | n/a |
Lexington, Philadelphia, PA rent trends
Rental prices in Lexington, Philadelphia, PA have increased by 9.5% over the past year. The average rent moved from $1,164 to $1,274.
What's the typical rent budget in Lexington, Philadelphia, PA?
The largest share of rentals in Lexington, Philadelphia, PA (84%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Lexington, Philadelphia, PA?
852 or 44% of the households in Lexington, Philadelphia, PA are renter-occupied while 1,099 or 56% are owner-occupied.
Most affordable neighborhoods in Lexington?
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 Lexington?
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 |
| Somerton | $1,527 |
| 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 |
| Tacony | $1,398 |
| 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 |
| Lexington | $1,274 |
| 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 Lexington is 24% lower than in Andorra
$1,274
Lexington rent is the same as Philadelphia average
Average Rent
$1,274
$1,682
Andorra rent is 32% higher than Philadelphia average
Average Rent
$1,682
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 Lexington 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.