Philadelphia, PA Rent Trends
Rank #31, last updated May 4
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 $1,198. The average rent of a 1-bedroom in Philadelphia, PA is $1,445. The average rent of a 2-bedroom in Philadelphia, PA is $1,695. The average rent of a 3-bedroom in Philadelphia, PA is $1,925.
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 661 square feet, while the median apartment size for Philadelphia, PA is 657 square feet. However, square footage varies based on unit type. Most rentals in Philadelphia, PA (37.36%) are 1 bedroom apartments, while the fewest (11.93%) are studio apartments. Meanwhile, 2 bedroom apartments account for 30.86%, and 3+ bedroom apartments make up 19.85%.
Studio
One bedroom
Two bedrooms
Three+ bedrooms
What is the average rent for various neighborhoods in Philadelphia?
Studio | 1 bed | 2 beds | 3+ beds | |
---|---|---|---|---|
Brewerytown | $1,400 | $1,440 | $1,800 | $2,600 |
Center City | $1,340 | $1,797 | $2,450 | $4,400 |
East Falls | * | $1,315 | $1,777 | * |
Fairmount | $1,363 | $1,573 | $2,039 | $2,473 |
Fishtown | * | $1,787 | $2,195 | * |
Germantown | $1,031 | $1,431 | $1,572 | * |
Mount Airy | * | * | $1,495 | $2,210 |
North Philadelphia | $1,295 | $1,538 | $1,775 | $1,900 |
Northeast Philadelphia | $1,050 | $1,250 | $1,513 | $1,650 |
Northern Liberties | * | $1,798 | $2,175 | * |
Old City | $1,555 | $1,825 | $2,795 | * |
Port Richmond | * | $1,222 | $1,583 | $1,695 |
Queen Village | $1,553 | $1,494 | $2,190 | * |
Rittenhouse Square | $1,450 | $1,882 | $2,450 | * |
Roxborough | * | $1,600 | $1,833 | * |
University City | * | $1,400 | $1,695 | $2,100 |
Washington Square West | $1,273 | $1,795 | $2,294 | * |
West Philadelphia | $1,095 | $1,271 | $1,475 | $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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