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Philadelphia, PA Rent Trends

Rank #33, last updated May 14

To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily.

What is the average rent in Philadelphia?

The average rent of a studio apartment in Philadelphia, PA is $1,195. The average rent of a 1-bedroom in Philadelphia, PA is $1,429. The average rent of a 2-bedroom in Philadelphia, PA is $1,650. The average rent of a 3-bedroom in Philadelphia, PA is $1,955.

Studio

$1,195


1 bed

$1,429


2 beds

$1,650


3+ beds

$1,955

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

Rent Prices Over Time in Philadelphia

Apartment Rent Ranges in Philadelphia

The monthly rent for apartments in Philadelphia, PA ranges from $300 to $2,700+.

$300 - $900

$900 - $1,500

$1,500 - $2,100

$2,100 - $2,700

$2,700+

What is the average apartment size in Philadelphia?

The average size of a Philadelphia, PA apartment is 667 square feet, while the median apartment size for Philadelphia, PA is 667 square feet. However, square footage varies based on unit type. Most rentals in Philadelphia, PA (37.42%) are 1 bedroom apartments, while the fewest (11.5%) are studio apartments. Meanwhile, 2 bedroom apartments account for 30.94%, and 3+ bedroom apartments make up 20.13%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Philadelphia?

Studio1 bed2 beds3+ beds
Brewerytown*$1,504$1,790$2,275
Center City$1,300$1,800$2,483$3,850
Chestnut Hill*$1,657$1,889*
East Falls*$1,149$1,731*
Fairmount$1,400$1,635$2,086$2,188
Fishtown*$1,772$2,195*
Germantown$1,156$1,471$1,800*
North Philadelphia$1,323$1,546$1,800$1,955
Northeast Philadelphia$1,050$1,267$1,513$1,700
Northern Liberties$1,693$1,797$2,498*
Old City$1,741$2,063$2,495*
Port Richmond**$1,499$1,695
Rittenhouse Square$1,323$1,999$2,450*
Roxborough*$1,600$1,775$2,300
University City*$1,413$1,650$2,175
Washington Square West$1,195$1,795**
West Philadelphia$1,200$1,175$1,400$1,700

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

* Insufficient data to calculate value

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