Philadelphia, PA Rental Market Trends
What is the average rent in Philadelphia?
The average rent for an apartment in Philadelphia is $1,978. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Philadelphia, PA
Last updated March 2025
| Average Rent | Average Apartment Size |
|---|---|
| $1,978 | 786 sq. ft. |
What is the average apartment size in Philadelphia?
The average size for a Philadelphia, PA apartment is 786 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
Average Rent in Philadelphia, PA By Neighborhood
| City | Average Rent |
|---|---|
| University City | $3,320 |
| Society Hill | $3,210 |
| Northern Liberties | $3,075 |
| North Philadelphia | $2,814 |
| Center City West | $2,687 |
| Powelton Village | $2,612 |
| Passyunk Square | $2,606 |
| Rittenhouse Square | $2,547 |
| West Poplar | $2,426 |
| Logan Square | $2,386 |
| Olde Kensington | $2,357 |
| Old City | $2,342 |
| Market East | $2,190 |
| Manayunk | $2,183 |
| Fishtown | $2,128 |
| Callowhill | $2,105 |
| Kensington South | $2,084 |
| East Poplar | $2,083 |
| Washington Square West | $2,066 |
| Spring Garden | $2,042 |
| Chestnut Hill | $1,935 |
| Spruce Hill | $1,882 |
| Paradise | $1,876 |
| Cabot | $1,863 |
| Mantua | $1,792 |
| Packer Park | $1,779 |
| Central Roxborough | $1,754 |
| Overbrook Farms | $1,745 |
| East Torresdale | $1,743 |
| Wynnefield Heights | $1,730 |
| Upper Roxborough | $1,728 |
| Francisville | $1,704 |
| Andorra | $1,700 |
| Wynnefield | $1,677 |
| Brewerytown | $1,676 |
| East Falls | $1,620 |
| Garden Court | $1,607 |
| Parkwood | $1,603 |
| Wissahickon | $1,586 |
| East Kensington | $1,581 |
| Point Breeze | $1,530 |
| West Mount Airy | $1,530 |
| Rhawnhurst | $1,500 |
| Cecil B Moore | $1,468 |
| Bustleton | $1,467 |
| West Torresdale | $1,459 |
| Somerton | $1,453 |
| Germantown | $1,439 |
| Kensington | $1,430 |
| Fox Chase | $1,422 |
| Burholme | $1,419 |
| Holmesburg | $1,411 |
| Melrose Park Gardens | $1,411 |
| Millbrook | $1,407 |
| Winchester | $1,406 |
| East Oak Lane | $1,371 |
| Bells Corner | $1,354 |
| East Mount Airy | $1,333 |
| Ashton - Woodenbridge | $1,323 |
| West Oak Lane | $1,305 |
| Logan | $1,299 |
| Cedarbrook | $1,288 |
| Cobbs Creek | $1,268 |
| Oxford Circle | $1,264 |
| Eastwick Southwest Philadelphia | $1,261 |
| Tacony | $1,257 |
| Fern Rock | $1,242 |
| Olney | $1,212 |
| Cedar Park | $1,211 |
| Lexington | $1,171 |
| Frankford | $1,156 |
| Tioga | $1,126 |
| Ogontz | $1,118 |
| Walnut Hill | $1,080 |
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What are the most affordable neighborhoods in Philadelphia?
The most affordable neighborhoods in Philadelphia are Walnut Hill, where the average rent goes for $1,080/month, Ogontz, where renters pay $1,118/mo on average, and Tioga, where the average rent goes for $1,126/mo. If you’re looking for other great deals, check out the listings from Frankford ($1,156), Lexington ($1,171), and Cedar Park ($1,211), where the asking prices are below the average Philadelphia rent of $1,978/mo.
What are the most expensive neighborhoods in Philadelphia?
The most expensive neighborhoods in Philadelphia are Northern Liberties ($3,075), Society Hill ($3,210) and University City ($3,320).
What are the most popular neighborhoods in Philadelphia?
The most popular neighborhood in Philadelphia is Center City West, where there are 38 listings with an average rent of $2,687. Next up is Rittenhouse Square, where apartments go for $2,547/month, followed by East Kensington with $1,581 If you’re looking to rent in Philadelphia’s most popular neighborhoods, make sure to also check out Washington Square West, where renters pay $2,066 on average, and Manayunk, where the average monthly rent is $2,183.
Philadelphia | Rent Comparison by Neighborhood
Rent in Andorra is 29% higher than in Ashton - Woodenbridge
$1,700
Andorra rent is 14% lower than Philadelphia average
Average Rent
$1,700
$1,323
Ashton - Woodenbridge rent is 33% lower than Philadelphia average
Average Rent
$1,323
How Philadelphia Compares to Other Cities
| State | Average Rent |
|---|---|
| Philadelphia | $1,978 |
| Pittsburgh | $1,751 |
| Lehigh Valley | $1,747 |
| Harrisburg | $1,398 |
| Reading | $1,652 |
| Allentown | $1,601 |
| Bethlehem | $1,820 |
| Chester | $1,235 |
| Chambersburg | $1,465 |
| Camp Hill | $1,462 |
| Mechanicsburg | $1,478 |
| Conshohocken, PA | $2,311 |
| Camden, NJ | $1,465 |
| Bala Cynwyd, PA | $2,379 |
| Haddon Township, NJ | $2,184 |
| Lansdowne, PA | $1,163 |
| Upper Darby, PA | $1,128 |
| Ardmore, PA | $2,616 |
| Bryn Mawr, PA | $2,232 |
| Elkins Park, PA | $1,621 |
| Haddonfield, NJ | $1,866 |
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 $124.62. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Philadelphia
Chestnut Hill Village Apartments
7715 Crittenden St, Philadelphia, PA 19118| 1 BED | $1,354 |
| 2 BEDS | $2,071+ |
| 3 BEDS | $2,566 |
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Fountain Gardens
2901 Welsh Road, Philadelphia, PA 19152| STUDIO | $1,184+ |
| 1 BED | $1,160+ |
| 2 BEDS | $1,580+ |
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