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Studio Apartments for Rent in Old City, Philadelphia, PA - 3 Rentals available

  • Apartment in Old City
    224 Church Street, Philadelphia, PA 19106
    $1,750 - $1,865
    • Studio-2 Beds
    • 1-2 Baths
    Alterra Property Group LLC
    Available Today!
    (267) 548-3274
  • Apartment in Old City
    106 S. Front Street, Philadelphia, PA 19106
    $1,620 - $1,650
    • Studio-3 Beds
    • 1-2 Baths
    Available Today!
    (215) 351-1535
  • Apartment in Old City
    229 Market Street, Philadelphia, PA 19106
    (215) 627-6500

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Old City, Philadelphia, PA Demographics

  • Total Population5,704
  • Female 2,845
    Male 2,858
  • Median Age35

Average Rent for Studios in Old City, Philadelphia, PA

  • The average rent for studios in Old City, Philadelphia, PA, December 2018$2,096/mo
  • Studio$1,357
  • 1 Bedroom$1,786
  • 2 Bedrooms$2,711
  • Studio$1,158
  • 1 Bedroom$1,378
  • 2 Bedroom$1,669

Old City, Philadelphia, PA Studios Rent Ranges

  • $501-$70022%
  • $1,001-$1,50044%
  • $1,501-$2,00027%
  • > $2,0007%

Old City, Philadelphia, PA Studios Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Dec / 2018 $2,096 $1,357
Jan / 2018 $2,097 $1,357
Sept / 2017 $2,024 $1,412
May / 2017 $2,008 $1,346
Jan / 2017 $1,977 $1,251
Sept / 2016 $1,913 $1,252
May / 2016 $1,975 $1,207
Jan / 2016 $1,825 $1,173
Sept / 2015 $1,916 $1,140
May / 2015 $1,904 $1,133
/

Old City, Philadelphia, PA Households

  • Total Number of Households2,900
  • Family 997
    Non-family 1,903
  • Children 279
    No Children 2,621
  • Average People Per Household1.81
  • Median Household Income$77,472
  • Median Housing Costs Per Month$1,446

Old City, Philadelphia, PA Education Statistics

  • No High School1%
  • Some High School18%
  • Some College10%
  • Associate Degree3%
  • Bachelor Degree36%
  • Graduate Degree32%

Renting a studio apartment in Old City, Philadelphia, PA

Looking to find an efficiency apartment in Old City, Philadelphia, PA? You’re not the only one. Studio apartments are one of the most searched types of rental housing in Old City, Philadelphia, PA. They give you the advantage of living in a trendy neighborhood close to work, shopping, dining, entertainment and public transportation while keeping your rent expense at a minimum. In Old City, Philadelphia, PA you have no less than 3 properties to choose from, offering a total of 3 small apartments.

Efficiency apartment vs bachelor flat: which one is right for you?

Cheap studios and efficiency apartments normally have the kitchen in the main room, which is a major discouraging factor for renters… But don’t let this scare you away: there are always some exceptions that prove the rule, and it’s worth locating them in Old City, Philadelphia, PA too. Some newer apartment buildings have very spacious floor-plans with layouts that allow you to divide the sleeping and living space for more privacy and comfort. A few design tricks, like a well-placed mirror, a bookshelf divider and functional space-saving furniture can make all the difference. As a benchmark, keep in mind that, in this neighborhood, apartments offer about 1,002 Sqft of living space, on average. Be prepared that bachelor flats with a separate kitchen tend to be a bit more expensive than your average one room apartment. If you plan on cooking and eating in a lot, it may be worth spending the extra dollars per month to have your kitchen separate from your bedroom/living area. It all comes down to finding a studio apartment that fits your lifestyle and your personal preferences.