Lexington, Philadelphia, PA Rental Market Trends
Last updated: June 03, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lexington is $1,261, a 8.46% increase compared to the previous year, when the average rent was $1,163.
One-bedroom apartments provide 708 square feet for $1,305, balancing privacy and affordability.
Average rent in Lexington, Philadelphia, PA
Last updated: June 03, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,261 | 707 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,305 | 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 8.46% over the past year. The average rent moved from $1,163 to $1,261.
What's the typical rent budget in Lexington, Philadelphia, PA?
The largest share of rentals in Lexington, Philadelphia, PA (74%) 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?
762 or 39% of the households in Lexington, Philadelphia, PA are renter-occupied while 1,178 or 61% are owner-occupied.
Most affordable neighborhoods in Lexington?
Ogontz $1,102/month
Frankford $1,117/month
Tioga $1,175/month
All of these neighborhoods fall below the city wide average of $2,022/month.Most expensive neighborhoods in Lexington?
University City $3,347/month
Hawthorne $3,379/month
Society Hill $3,481/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 | $3,481 |
| Hawthorne | $3,379 |
| University City | $3,347 |
| Center City West | $2,955 |
| Powelton Village | $2,635 |
| Passyunk Square | $2,612 |
| Rittenhouse Square | $2,588 |
| North Philadelphia | $2,580 |
| Logan Square | $2,479 |
| Northern Liberties | $2,461 |
| Old City | $2,320 |
| Southwest Center City | $2,309 |
| Market East | $2,272 |
| Manayunk | $2,258 |
| West Poplar | $2,258 |
| Olde Kensington | $2,224 |
| Spring Garden | $2,219 |
| East Poplar | $2,163 |
| Fishtown | $2,160 |
| Kensington South | $2,150 |
| Washington Square West | $2,069 |
| Callowhill | $2,019 |
| Chestnut Hill | $1,943 |
| Paradise | $1,912 |
| Cabot | $1,870 |
| East Torresdale | $1,861 |
| Francisville | $1,834 |
| Central Roxborough | $1,814 |
| Norris Square | $1,807 |
| Spruce Hill | $1,791 |
| Brewerytown | $1,782 |
| Mantua | $1,752 |
| Wynnefield Heights | $1,750 |
| Garden Court | $1,738 |
| East Kensington | $1,737 |
| Packer Park | $1,708 |
| Andorra | $1,697 |
| Upper Roxborough | $1,696 |
| Wynnefield | $1,696 |
| East Falls | $1,649 |
| Point Breeze | $1,606 |
| Overbrook Farms | $1,590 |
| West Torresdale | $1,548 |
| West Mount Airy | $1,537 |
| Somerton | $1,534 |
| Wissahickon | $1,516 |
| Holmesburg | $1,504 |
| Millbrook | $1,496 |
| Germantown | $1,495 |
| Bustleton | $1,483 |
| Fox Chase | $1,475 |
| Kensington | $1,453 |
| Burholme | $1,437 |
| Rhawnhurst | $1,432 |
| Winchester | $1,419 |
| East Oak Lane | $1,383 |
| East Mount Airy | $1,375 |
| Ashton - Woodenbridge | $1,365 |
| Cecil B Moore | $1,361 |
| Cedarbrook | $1,356 |
| Eastwick Southwest Philadelphia | $1,329 |
| Bells Corner | $1,312 |
| Cobbs Creek | $1,304 |
| Olney | $1,285 |
| West Oak Lane | $1,282 |
| Fern Rock | $1,274 |
| Lexington | $1,261 |
| Cedar Park | $1,260 |
| Logan | $1,258 |
| Walnut Hill | $1,181 |
| Tioga | $1,175 |
| Frankford | $1,117 |
| Ogontz | $1,102 |
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Philadelphia | Rent Comparison by Neighborhood
Rent in Lexington is 26% lower than in Andorra
$1,261
Lexington rent is the same as Philadelphia average
Average Rent
$1,261
$1,697
Andorra rent is 35% higher than Philadelphia average
Average Rent
$1,697
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.