Rental Market Trends in Philadelphia
Are you planning a move to Philadelphia, and unclear about the average rental price in
the city you're interested in? Don't worry, we'll provide you with the market trends of this
city. We hope this information helps you find your home of choice!
Average Rent in Philadelphia
Last updated on May 2024
Avg.rent
$2,057 /mo
Avg.apart
ment size
ment size
757 Sq.Ft
Philadelphia
17 apartments for rent
1. Average rent for different apartment types
As of May 2024, the average rent in Philadelphia was $2,057/month.
| Apartment Type | Avg Rent | Average Sq.Ft | Annual Change |
|---|---|---|---|
Studio | $1,509/month | 455 Sq.Ft | -8.0% |
1 Bedroom | $1,993/month | 630 Sq.Ft | -2.7% |
2 Bedrooms | $2,591/month | 1,063 Sq.Ft | +0.8% |
3 Bedrooms | $2,477/month | 1,462 Sq.Ft | -1.9% |
2. Market trends over time
In the past year, rent has reduced by 4.49%, which averages out to $97 less per month.
Median rents trends in Philadelphia
No Data
We are working hard to collect data as quickly as possible. Please stay tuned
Rent by Neighborhood
Last updated today
| Neighborhood | Avg Rent | Average Sq.Ft | Annual Change |
|---|---|---|---|
Temple University | $1,239/month | 870 Sq.Ft | +3.2% |
University City | $1,169/month | 434 Sq.Ft | -- |
We ensure the accuracy and transparency of our data
Our relies on big data and artificial intelligence to summarize and summarize this rental data. We combine this data with public record to provide the most up-to-date rental information available.
