Philadelphia, PA Rental Market Trends
What is the average rent in Philadelphia?
The average rent for an apartment in Philadelphia is $1,996. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Philadelphia, PA
Last updated June 2025
| Average Rent | Average Apartment Size |
|---|---|
| $1,996 | 788 sq. ft. |
What is the average apartment size in Philadelphia?
The average size for a Philadelphia, PA apartment is 788 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 | $3,204 |
| Society Hill | $3,090 |
| Northern Liberties | $3,027 |
| Center City West | $2,733 |
| Powelton Village | $2,704 |
| Rittenhouse Square | $2,584 |
| Logan Square | $2,467 |
| West Poplar | $2,420 |
| North Philadelphia | $2,413 |
| Old City | $2,381 |
| Passyunk Square | $2,334 |
| Olde Kensington | $2,325 |
| Manayunk | $2,259 |
| Market East | $2,210 |
| Washington Square West | $2,166 |
| Fishtown | $2,159 |
| Kensington South | $2,154 |
| Callowhill | $2,111 |
| Spring Garden | $2,104 |
| East Poplar | $2,089 |
| Spruce Hill | $1,939 |
| Chestnut Hill | $1,938 |
| Paradise | $1,869 |
| Cabot | $1,822 |
| Mantua | $1,807 |
| East Torresdale | $1,794 |
| Wynnefield Heights | $1,772 |
| Central Roxborough | $1,767 |
| Overbrook Farms | $1,766 |
| Packer Park | $1,727 |
| Francisville | $1,725 |
| Upper Roxborough | $1,722 |
| Brewerytown | $1,706 |
| Andorra | $1,661 |
| Wynnefield | $1,661 |
| Wissahickon | $1,654 |
| East Falls | $1,650 |
| Parkwood | $1,617 |
| East Kensington | $1,610 |
| Cobbs Creek | $1,552 |
| Holmesburg | $1,530 |
| Point Breeze | $1,526 |
| Garden Court | $1,511 |
| West Mount Airy | $1,497 |
| Somerton | $1,489 |
| Bustleton | $1,487 |
| Germantown | $1,461 |
| Winchester | $1,449 |
| Cecil B Moore | $1,437 |
| Rhawnhurst | $1,431 |
| West Torresdale | $1,424 |
| Fox Chase | $1,423 |
| Burholme | $1,421 |
| Kensington | $1,408 |
| Melrose Park Gardens | $1,398 |
| East Oak Lane | $1,395 |
| Ashton - Woodenbridge | $1,388 |
| Millbrook | $1,385 |
| East Mount Airy | $1,356 |
| Cedarbrook | $1,354 |
| Tacony | $1,327 |
| Eastwick Southwest Philadelphia | $1,323 |
| Bells Corner | $1,316 |
| Oxford Circle | $1,315 |
| West Oak Lane | $1,303 |
| Cedar Park | $1,216 |
| Olney | $1,198 |
| Fern Rock | $1,193 |
| Logan | $1,189 |
| Lexington | $1,147 |
| Walnut Hill | $1,117 |
| Frankford | $1,110 |
| Tioga | $1,099 |
| Ogontz | $1,050 |
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What are the most affordable neighborhoods in Philadelphia?
The most affordable neighborhoods in Philadelphia are Ogontz, where the average rent goes for $1,050/month, Tioga, where renters pay $1,099/mo on average, and Frankford, where the average rent goes for $1,110/mo. If you’re looking for other great deals, check out the listings from Walnut Hill ($1,117), Lexington ($1,147), and Logan ($1,189), where the asking prices are below the average Philadelphia rent of $1,996/mo.
What are the most expensive neighborhoods in Philadelphia?
The most expensive neighborhoods in Philadelphia are Northern Liberties ($3,027), Society Hill ($3,090) and University City ($3,204).
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 $2,733. Next up is Rittenhouse Square, where apartments go for $2,584/month, followed by Washington Square West with $2,166 If you’re looking to rent in Philadelphia’s most popular neighborhoods, make sure to also check out East Kensington, where renters pay $1,610 on average, and Manayunk, where the average monthly rent is $2,259.
Philadelphia | Rent Comparison by Neighborhood
Rent in Andorra is 20% higher than in Ashton - Woodenbridge
$1,661
Andorra rent is 17% lower than Philadelphia average
Average Rent
$1,661
$1,388
Ashton - Woodenbridge rent is 30% lower than Philadelphia average
Average Rent
$1,388
How Philadelphia Compares to Other Cities
| State | Average Rent |
|---|---|
| Philadelphia | $1,996 |
| Pittsburgh | $1,753 |
| Lehigh Valley | $1,788 |
| Harrisburg | $1,386 |
| Reading | $1,659 |
| Allentown | $1,647 |
| Bethlehem | $1,886 |
| Camp Hill | $1,488 |
| Chambersburg | $1,585 |
| Lancaster | $1,703 |
| Mechanicsburg | $1,486 |
| Conshohocken, PA | $2,299 |
| Camden, NJ | $1,400 |
| Upper Darby, PA | $1,111 |
| Haddon Township, NJ | $2,134 |
| Ardmore, PA | $2,645 |
| Bala Cynwyd, PA | $2,467 |
| Merchantville, NJ | $1,627 |
| Bryn Mawr, PA | $2,127 |
| Elkins Park, PA | $1,583 |
| Lansdowne, PA | $1,189 |
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 $141.44. 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 | $2,021+ |
| 3 BEDS | $2,666 |
1600 Callowhill
1600 Callowhill Street, Philadelphia, PA 19130| STUDIO | $2,095+ |
| 1 BED | $1,995+ |
| 2 BEDS | $3,300+ |
