Philadelphia, PA Rent Trends
Rank #34, last updated May 20
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 $1,415. The average rent of a 2-bedroom in Philadelphia, PA is $1,650. The average rent of a 3-bedroom in Philadelphia, PA is $1,984.
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 671 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 (37.95%) are 1 bedroom apartments, while the fewest (10.82%) are studio apartments. Meanwhile, 2 bedroom apartments account for 30.91%, and 3+ bedroom apartments make up 20.32%.
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 | * | $1,494 | $1,750 | $2,425 |
| Center City | $1,418 | $1,800 | $2,600 | $3,850 |
| Chestnut Hill | * | $1,680 | $1,889 | * |
| East Falls | $1,199 | $1,499 | $1,885 | * |
| Fairmount | * | $1,570 | $2,000 | $1,995 |
| Fishtown | * | $1,695 | $2,195 | $3,195 |
| Germantown | $1,145 | $1,370 | $1,799 | * |
| Manayunk | * | $1,525 | * | $2,350 |
| North Philadelphia | $1,323 | $1,475 | $1,750 | $1,938 |
| Northeast Philadelphia | * | $1,050 | * | $1,900 |
| Northern Liberties | * | $1,848 | $2,495 | * |
| Old City | $1,741 | $2,063 | $2,495 | * |
| Port Richmond | * | * | $1,499 | $1,695 |
| Roxborough | * | $1,598 | $1,850 | * |
| University City | * | $1,425 | $1,671 | $2,250 |
| Washington Square West | $1,195 | $1,798 | * | * |
| West Philadelphia | $1,090 | $1,100 | $1,398 | $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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