Philadelphia, PA Rental Market Trends

What is the average rent in Philadelphia?

The average rent for an apartment in Philadelphia is $2,027. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Philadelphia, PA

Last updated September 2025

Average Rent	Average Apartment Size
$2,027	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
Society Hill	$3,305
University City	$3,255
Northern Liberties	$2,962
Center City West	$2,791
Powelton Village	$2,752
North Philadelphia	$2,627
Rittenhouse Square	$2,600
Logan Square	$2,543
West Poplar	$2,420
Old City	$2,383
Passyunk Square	$2,373
Olde Kensington	$2,298
Manayunk	$2,294
Market East	$2,273
Washington Square West	$2,232
Kensington South	$2,183
Fishtown	$2,177
East Poplar	$2,146
Callowhill	$2,131
Spring Garden	$2,118
Chestnut Hill	$1,975
Spruce Hill	$1,888
Paradise	$1,859
Wynnefield Heights	$1,842
Cabot	$1,826
East Torresdale	$1,824
Mantua	$1,810
Central Roxborough	$1,769
Upper Roxborough	$1,742
Packer Park	$1,737
Francisville	$1,725
Brewerytown	$1,706
Garden Court	$1,691
Andorra	$1,689
Wynnefield	$1,683
Wissahickon	$1,665
East Falls	$1,648
Parkwood	$1,643
Overbrook Farms	$1,629
East Kensington	$1,611
Holmesburg	$1,548
West Mount Airy	$1,542
Point Breeze	$1,542
Somerton	$1,505
Bustleton	$1,497
Germantown	$1,481
Cecil B Moore	$1,477
West Torresdale	$1,473
Winchester	$1,458
Rhawnhurst	$1,448
Millbrook	$1,442
Fox Chase	$1,422
Kensington	$1,410
Melrose Park Gardens	$1,407
East Oak Lane	$1,406
Ashton - Woodenbridge	$1,401
Burholme	$1,399
Bells Corner	$1,380
East Mount Airy	$1,368
Cedarbrook	$1,339
Cobbs Creek	$1,337
Oxford Circle	$1,334
Tacony	$1,329
Eastwick Southwest Philadelphia	$1,329
West Oak Lane	$1,304
Logan	$1,245
Cedar Park	$1,218
Olney	$1,200
Fern Rock	$1,192
Walnut Hill	$1,156
Lexington	$1,152
Ogontz	$1,109
Frankford	$1,056
Tioga	$1,051

What are the most affordable neighborhoods in Philadelphia?

The most affordable neighborhoods in Philadelphia are Tioga, where the average rent goes for $1,051/month, Frankford, where renters pay $1,056/mo on average, and Ogontz, where the average rent goes for $1,109/mo. If you’re looking for other great deals, check out the listings from Lexington ($1,152), Walnut Hill ($1,156), and Fern Rock ($1,192), where the asking prices are below the average Philadelphia rent of $2,027/mo.

What are the most expensive neighborhoods in Philadelphia?

The most expensive neighborhoods in Philadelphia are Northern Liberties ($2,962), University City ($3,255) and Society Hill ($3,305).

What are the most popular neighborhoods in Philadelphia?

The most popular neighborhood in Philadelphia is Center City West, where there are 41 listings with an average rent of $2,791. Next up is Rittenhouse Square, where apartments go for $2,600/month, followed by Washington Square West with $2,232 If you’re looking to rent in Philadelphia’s most popular neighborhoods, make sure to also check out East Kensington, where renters pay $1,611 on average, and Manayunk, where the average monthly rent is $2,294.

Philadelphia | Rent Comparison by Neighborhood

Rent in Andorra is 21% higher than in Ashton - Woodenbridge

$1,689

Andorra rent is 17% lower than Philadelphia average

Average Rent $1,689

$1,401

Ashton - Woodenbridge rent is 31% lower than Philadelphia average

Average Rent $1,401

How Philadelphia Compares to Other Cities

State	Average Rent
Philadelphia	$2,027
Pittsburgh	$1,775
Lehigh Valley	$1,791
Harrisburg	$1,405
Reading	$1,674
Allentown	$1,666
Bethlehem	$1,872
York	$1,537
Chambersburg	$1,564
Coatesville	$1,664
Lancaster	$1,728

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.