Philadelphia, PA Rental Market Trends

What is the average rent in Philadelphia?

The average rent for an apartment in Philadelphia is $1,998. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Philadelphia, PA

Last updated July 2025

Average Rent	Average Apartment Size
$1,998	787 sq. ft.

What is the average apartment size in Philadelphia?

The average size for a Philadelphia, PA apartment is 787 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Philadelphia, PA apartment rent ranges

Philadelphia, PA Occupied Housing Units

319,081 or 48% of the households in Philadelphia, PA are renter-occupied while 350,141 or 52% are owner-occupied.

Philadelphia, PA rent trends

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Philadelphia, PA By Neighborhood

City	Average Rent
University City	$3,213
Society Hill	$3,162
Northern Liberties	$3,007
Powelton Village	$2,717
Center City West	$2,713
North Philadelphia	$2,606
Rittenhouse Square	$2,586
Logan Square	$2,471
West Poplar	$2,413
Old City	$2,381
Passyunk Square	$2,341
Olde Kensington	$2,334
Manayunk	$2,266
Washington Square West	$2,183
Market East	$2,178
Kensington South	$2,160
Fishtown	$2,155
Callowhill	$2,122
Spring Garden	$2,107
East Poplar	$2,103
Chestnut Hill	$1,938
Spruce Hill	$1,904
Paradise	$1,867
Cabot	$1,812
Central Roxborough	$1,803
East Torresdale	$1,800
Mantua	$1,796
Wynnefield Heights	$1,784
Overbrook Farms	$1,763
Francisville	$1,725
Upper Roxborough	$1,723
Brewerytown	$1,699
Packer Park	$1,677
Andorra	$1,666
Wissahickon	$1,657
Wynnefield	$1,649
East Falls	$1,642
Parkwood	$1,622
East Kensington	$1,604
Holmesburg	$1,530
Point Breeze	$1,527
West Mount Airy	$1,505
Somerton	$1,495
Garden Court	$1,486
Bustleton	$1,478
Germantown	$1,463
Cobbs Creek	$1,458
West Torresdale	$1,448
Winchester	$1,447
Fox Chase	$1,438
Cecil B Moore	$1,431
Rhawnhurst	$1,427
Kensington	$1,399
Burholme	$1,396
East Oak Lane	$1,391
Ashton - Woodenbridge	$1,386
Melrose Park Gardens	$1,385
Millbrook	$1,370
Cedarbrook	$1,354
East Mount Airy	$1,350
Bells Corner	$1,331
Tacony	$1,319
Eastwick Southwest Philadelphia	$1,316
Oxford Circle	$1,311
West Oak Lane	$1,292
Fern Rock	$1,220
Cedar Park	$1,209
Logan	$1,200
Olney	$1,191
Lexington	$1,117
Walnut Hill	$1,110
Frankford	$1,096
Ogontz	$1,096
Tioga	$1,092

What are the most affordable neighborhoods in Philadelphia?

The most affordable neighborhoods in Philadelphia are Tioga, where the average rent goes for $1,092/month, Ogontz, where renters pay $1,096/mo on average, and Frankford, where the average rent goes for $1,096/mo. If you’re looking for other great deals, check out the listings from Walnut Hill ($1,110), Lexington ($1,117), and Olney ($1,191), where the asking prices are below the average Philadelphia rent of $1,998/mo.

What are the most expensive neighborhoods in Philadelphia?

The most expensive neighborhoods in Philadelphia are Northern Liberties ($3,007), Society Hill ($3,162) and University City ($3,213).

What are the most popular neighborhoods in Philadelphia?

The most popular neighborhood in Philadelphia is Center City West, where there are 37 listings with an average rent of $2,713. Next up is Rittenhouse Square, where apartments go for $2,586/month, followed by Washington Square West with $2,183 If you’re looking to rent in Philadelphia’s most popular neighborhoods, make sure to also check out East Kensington, where renters pay $1,604 on average, and Manayunk, where the average monthly rent is $2,266.

Philadelphia | Rent Comparison by Neighborhood

Rent in Andorra is 20% higher than in Ashton - Woodenbridge

$1,666

Andorra rent is 17% lower than Philadelphia average

Average Rent $1,666

$1,386

Ashton - Woodenbridge rent is 31% lower than Philadelphia average

Average Rent $1,386

How Philadelphia Compares to Other Cities

State	Average Rent
Philadelphia	$1,998
Pittsburgh	$1,772
Lehigh Valley	$1,788
Harrisburg	$1,401
Reading	$1,664
Allentown	$1,664
Bethlehem	$1,875
Camp Hill	$1,519
Chambersburg	$1,579
Mechanicsburg	$1,486
York	$1,554

What is the average price for a storage unit in Philadelphia?

The average rent for a non-climate-controlled 10'x10' storage unit in Philadelphia is $154.68. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.