1. Home

Philadelphia, PA Condos For Rent

Beds

22 Properties

Average Rent in Philadelphia, PA

Avg. RentAnnual Change
Philadelphia Studio - $1,314-6%
Philadelphia 1 Bed - $1,787-2%
Philadelphia 2 Beds - $1,925-8%
Last updated 6/15/2024

Local Guide

See what Philadelphia, PA has to offer.

Local Reviews

It's cute! There's lots of nice bars and restaurants. I like that there's a lot of small parks. I would like some more stores and corner stores they aren't just bars

the unity in my neighborhood is unique. My favorite local place is the skating rink. me and my family love the skaing rink and bond and have a good timre there.

What's unique is that it's chill and shi any all my favorite business is chick fil a because It's good asf and my bxch loves it too

It is close to alot of stores within walking distance. Also it is on a bus route. There is job opportunities around my area.

I like going downtown Our philly cheesesteak is a popular in my city and we're the home of the best nfl team 2023 eagles

The fashion district & a lot of stores that are up an coming with temple buy uo everything I love gone to the movies

Demographics

Education

High School

49%

Associate's

23%

Bachelor's

18%

Master's

8%

Doctorate

2%

Family Size

2 people

42%

3 people

25%

4 people

18%

5 people

9%

6+ people

6%

Household Income

0-50k

53%

50-100k

26%

100-150k

11%

150-200k

5%

200k+

5%

Age

0-10

13%

10-20

12%

20-45

39%

45-65

23%

65+

13%

Affordability

Percentage: 3/53/5

Renters gave this area a 3 out of 5 for affordability

Last updated 6/15/2024

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in Philadelphia, PA

In Philadelphia, PA, as of 2024, the average rent for apartments ranges from $1,314 to $1,925. Specifically, the average rent for a studio apartment in Philadelphia, PA is $1,314. For those seeking a 1-bedroom apartments, the average rent is $1,787. And for a 2-bedroom apartment, renters can expect to pay an average of $1,925.

Annual Rent Change Over the Past 12 Months

Studio

-6%

Changed from $1,398 to $1,314
1 Bed

-2%

Changed from $1,823 to $1,787
2 Beds

-8%

Changed from $2,092 to $1,925
Last updated 6/15/2024

Rent Ranges

Apartment PricesProportion
1%
6%
29%
37%
28%

Compare Other Cities

CityStudio Avg RentAnnual Change
Bala Cynwyd$1,735-4%
Warminster$1,300+6%
Collingswood$1,217-3%
City1 Bed Avg RentAnnual Change
Manalapan$2,510+129%
North Brunswick$2,242+3%
Bala Cynwyd$1,947-18%
Newtown$1,900-14%
Englishtown$1,825--
Warminster$1,775+4%
Holland$1,750--
Mont Clare$1,450--
Collingswood$1,422-2%
City2 Beds Avg RentAnnual Change
Manalapan$3,407+160%
Bala Cynwyd$2,914-1%
Newtown$2,750+17%
North Brunswick$2,733+6%
Warminster$2,230+1%
Holland$2,100--
Englishtown$2,100--
Collingswood$1,750-5%
Mont Clare$1,700--
Upper Darby$1,250+4%

Compare Neighborhoods

Walnut Hill

$1,050

1 Bed Avg. Rent

North Central

$1,215

1 Bed Avg. Rent

Lower North

$1,408

1 Bed Avg. Rent

What are the most affordable neighborhoods in Philadelphia, PA?

For renters in Philadelphia seeking more affordable options, the neighborhoods to watch are Walnut Hill, North Central, and Lower North, where average rents for 1-bedroom apartments stand at $1,050, $1,215, and $1,408 respectively. Additional areas offering value are West Philadelphia and River Wards, where the rents are $1,552 and $1,570, a favorable comparison to Philadelphia's overall 1-bedroom average of $1,787.

What are the most expensive neighborhoods in Philadelphia, PA?

In Philadelphia, the neighborhoods commanding the highest rents are Center City West, Center City, and Avenue of the Arts North. A 1-bedroom apartment in Center City West averages at $2,100, in Center City it averages $2,077, and in Avenue of the Arts North, the average is $2,061. For additional high-end living options, Rittenhouse Square offers 1-bedroom apartments at $1,995, and Old City at $1,900. These rates compare to the overall average rent of $1,787 for a 1-bedroom apartment in Philadelphia, highlighting the premium nature of these specific neighborhoods.

What are the most popular neighborhoods in Philadelphia, PA?

In Philadelphia, the most sought-after neighborhoods for renters include West Philadelphia, Lower North, and North Central. In West Philadelphia, the average rent for a 1-bedroom apartment is $1,552. Lower North sees average rents of $1,408 for a 1-bedroom unit. North Central offers similar appeal with 1-bedroom apartments averaging $1,215. For those seeking other popular areas, Walnut Hill presents 1-bedroom apartments at $1,050, and Center City at $2,077. These prices are set against the backdrop of the city-wide average of $1,787 for a 1-bedroom apartment in Philadelphia, underscoring the popularity of these particular neighborhoods.

NeighborhoodStudio Avg RentAnnual Change
Avenue of the Arts North$1,500-9%
Rittenhouse Square$1,475+4%
Old City$1,475-15%
Fishtown$1,450+9%
River Wards$1,444+32%
West Philadelphia$1,369+5%
Center City$1,322-10%
Center City West$1,300-18%
Lower North$1,300-7%
Walnut Hill$1,265+27%
Neighborhood1 Bed Avg RentAnnual Change
Center City West$2,100+7%
Center City$2,077-4%
Avenue of the Arts North$2,061+3%
Rittenhouse Square$1,995+3%
Old City$1,900-6%
Fishtown$1,697+1%
River Wards$1,570-5%
West Philadelphia$1,552-14%
Lower North$1,408-6%
North Central$1,2150%
Walnut Hill$1,050-9%
Neighborhood2 Beds Avg RentAnnual Change
Rittenhouse Square$3,110+8%
Center City West$3,000+8%
Center City$2,940-2%
Old City$2,645-7%
Fishtown$2,395+9%
Avenue of the Arts North$2,000-15%
River Wards$1,960-1%
West Philadelphia$1,695-9%
Lower North$1,609-10%
Walnut Hill$1,554+16%
North Central$1,5000%

Transportation

Commute Time

0-15 Mins

14%

15-30 Mins

30%

30-40 Mins

22%

40-60 Mins

18%

60+ Mins

15%

Transportation Scores

Percentage: 8484

Walk Score®

Walkable

No

Say 163 of 287 renters

Has Sidewalks

Yes

Say 185 of 287 renters

Percentage: 7676

Bike Score®

Bike Friendly

No

Say 152 of 287 renters

Percentage: 6868

Transit Score®

They Are Located Near Public Transportation

Yes

Say 197 of 287 renters

Need A Car

No

Say 161 of 287 renters

Area Amenities

Top Score

Grocery Stores

5/5 stars based on undefined reviews

Supermarket sweep. Philadelphia is top shelf for groceries.

  1. A high number of grocery stores per resident
  2. Significantly more grocery stores than average
  3. Significantly more grocery stores than areas of a similar size

Restaurants

4.5/5 stars based on undefined reviews

Great service and no need for reservations. A great place for food.

  1. Few restaurants per resident
  2. Significantly more restaurants than average
  3. 15% more restaurants than areas of a similar size

Coffee

4.5/5 stars based on undefined reviews

We're full of beans for Philadelphia's coffee shop scene.

  1. Few coffee shops per resident
  2. Significantly more coffee shops than average
  3. A standard number of coffee shops compared to areas of a similar size

Nightlife

4.5/5 stars based on undefined reviews

Get your dance shoes on, Philadelphia looks good for nightlife.

  1. Few bars and clubs per resident
  2. Significantly more bars and clubs than average
  3. 24% more bars and clubs than areas of a similar size

Parks

4.5/5 stars based on undefined reviews

Philadelphia is team green. Parks get a high score.

  1. Few parks per resident
  2. Significantly more parks than average
  3. 37% fewer parks than areas of a similar size

Retail Shops

4.5/5 stars based on undefined reviews

A shopaholic favorite. Philadelphia has a lot of style.

  1. Few shops per resident
  2. Significantly more shops than average
  3. A standard number of shops compared to areas of a similar size

Health and Fitness

4.5/5 stars based on undefined reviews

Pumped and lifting a solid 4.5 stars for fitness.

  1. Few gyms per resident
  2. Significantly more gyms than average
  3. 10% fewer gyms than areas of a similar size

Pet Services

4.5/5 stars based on undefined reviews

Philadelphia is real pawsitive for your pets.

  1. Few pet facilities per resident
  2. Significantly more pet facilities than average
  3. 37% fewer pet facilities than areas of a similar size

Fine Arts

4.5/5 stars based on undefined reviews

This place gets the picture when it comes to art.

  1. Few fine art centers per resident
  2. Significantly more fine art centers than average
  3. 20% fewer fine art centers than areas of a similar size

Medical Care

4.5/5 stars based on undefined reviews

The great medical care here is just what the doctor ordered.

  1. Few medical facilities per resident
  2. Significantly more medical facilities than average
  3. 7% fewer medical facilities than areas of a similar size

Gas Stations

4.5/5 stars based on undefined reviews

You won't have to drive far to fill up around here.

  1. Few gas stations per resident
  2. Significantly more gas stations than average
  3. 7% fewer gas stations than areas of a similar size

Area Features

Area Has Litter

No

Say 207 of 287 renters

Noise Late At Night

No

Say 204 of 287 renters

Good Place To Raise A Family

Yes

Say 204 of 287 renters

Near Grocery Stores

Yes

Say 195 of 287 renters

Near Schools

Yes

Say 187 of 287 renters

Area Has Potholes

No

Say 187 of 287 renters

Busy Streets

No

Say 177 of 287 renters

Mostly Older Buildings

No

Say 172 of 287 renters

Nearby Parks

Yes

Say 164 of 287 renters

Pet Friendly

Yes

Say 150 of 287 renters

Area Has Kids Play Outside

No

Say 149 of 287 renters

Safe For Families

No

Say 163 of 287 renters

Quiet Area

No

Say 173 of 287 renters

Tree Lined Streets

No

Say 184 of 287 renters

Well Lit

No

Say 184 of 287 renters

Maintained Yards

No

Say 189 of 287 renters

Near Downtown

No

Say 204 of 287 renters

Near Highways

No

Say 214 of 287 renters

Nice Views

No

Say 232 of 287 renters

Mostly Newer Buildings

No

Say 242 of 287 renters

Schools

Percentage: 3/53/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in Philadelphia

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

Find Condos in Nearby Cities

City1 Bed Price2 Beds Price
Middle City West, PA 0.6 miles------
Middle City East, PA 0.9 miles------
William Penn Annex West, PA 1.3 miles------
William Penn Annex East, PA 1.9 miles------
Cherry Hill, NJ 8.1 miles$2,242$2,720
Spruce Hill, PA 1.8 miles------
Bala Cynwyd, PA 4.3 miles$1,947$2,914
Northeast Philadelphia, PA 12.5 miles$1,544$1,849
Voorhees, NJ 14.3 miles$1,693$2,114
West Chester, PA 22.6 miles$1,887$2,239

Find Condos in Nearby Neighborhoods

Neighborhood1 Bed Price2 Beds Price
Center City$2,077$2,940