Condo for rent

5+ Days Ago

1318 N Franklin St Unit 5 #5
1318 N Franklin St Unit 5 #5, Philadelphia, PA 19122, USA

Monthly rent	$2,995
Beds	2
Baths	2.5
Sqft	1,801

Monthly rent	$2,995
Beds	2
Baths	2.5
Sqft	1,801

5+ Days Ago

Highlights

Prime location
In-unit laundry
Stainless steel appliances
Built-in microwave
Intercom system
City views

Location

1318 N Franklin St Unit 5 #5, Philadelphia, PA 19122, USA|North Philadelphia East

Tour 1318 N Franklin St Unit 5 #5

Contact

Julian Hinson

Ergo Real Estate Company

(844) 334-1441 ext. 7000

Property Overview

Located in a prime area of Philadelphia, this property features stainless steel appliances, in-unit laundry, and city views, enhancing the living experience. It is also conveniently situated near top-rated elementary and middle schools, providing easy access to quality education. With 40 photos available, prospective renters can efficiently assess the unit, and its high value per square foot places it in the upper echelon of local properties.

Things you’ll love

Middle school nearby
More space
Elementary school nearby

Great for

Pet owners

Amenities for 1318 N Franklin St Unit 5 #5, North Philadelphia East

Apartment Amenities

2 Floors	Central Air
Hardwood Floor

Appliances

In-Unit Laundry

Building

Exterior Type: Brick	Exterior Type: Metal Siding
Onsite Laundry	Three Units in Building

Grounds

Outdoor Space

Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

About 1318 N Franklin St Unit 5 #5

Home

Apartments in Philadelphia

North Philadelphia East

1318 N Franklin St Unit 5 #5, Philadelphia, PA 19122, USA

Property Status: Active Welcome to this stunning penthouse condo with exclusive private parking! Offering modern comfort and style in a prime location just steps from Northern Liberties and Fishtown. Built in 2021, this spacious home features an open floor plan designed for both entertaining and everyday living. Upstairs, you'll find two generously sized bedrooms and two and a half bathrooms, each finished with clean, contemporary details. The kitchen is the centerpiece of the home, complete with a sleek island, stainless steel appliances, and a built-in microwave. Warm hardwood floors run throughout the space, adding character and charm. Other highlights include in-unit laundry with washer/dryer hookups, an intercom system for added security, and a private deck with city views-perfect for morning coffee, evening sunsets, or a weekend barbecue. This home will be available for lease starting September 15, 2025, with flexible lease options between 12 and 24 months. If you're looking for a thoughtfully designed space with the convenience of city living, this penthouse is one you won't want to miss. Office Phone: (267) 607-3551 Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Go to property website

Property highlights

How 1318 N Franklin St, Philadelphia, PA 19122, USA compares to other nearby properties.

Positives

Middle school nearby: There is a middle school 0.4 mile away
More space: The 2-bedroom is 467 sqft larger than other listings nearby
Elementary school nearby: There is an elementary school 0.2 mile away
Images Available: There are at least 10 photos of this address
Laundry available on site: Washers and dryers are available in-building or in-unit
Walk-in closet: More closet space on average

Considerations

Greater distance from high schools: The nearest high school is farther than 0.4 mile away

Address details

Neighborhood	North Philadelphia East
Zip code	19122
Type	Condo for rent

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Rent trends in North Philadelphia East

2-bedroom apartments at 1318 N Franklin St Unit 5 #5 cost about 71% more than the average rent price for 2-bedroom apartments in Philadelphia.

Median rents as of Nov 15 2025.

North Philadelphia East

Philadelphia

A table of 2-bedroom apartment rental data trends in Philadelphia
Month	Median Rent
December 2023	$1,733
January 2024	$1,750
February 2024	$1,700
March 2024	$1,739
April 2024	$1,772
May 2024	$1,790
June 2024	$1,784
July 2024	$1,790
August 2024	$1,771
September 2024	$1,753
October 2024	$1,750
November 2024	$1,750
December 2024	$1,751
January 2025	$1,763
February 2025	$1,790
March 2025	$1,773
April 2025	$1,782
May 2025	$1,800
June 2025	$1,802
July 2025	$1,810
August 2025	$1,796
September 2025	$1,783
October 2025	$1,747
November 2025	$1,712

A table of 2-bedroom apartment rental data trends in North Philadelphia East
Month	Median Rent
December 2023	$1,650
January 2024	$1,650
February 2024	$1,600
March 2024	$1,654
April 2024	$1,686
May 2024	$1,698
June 2024	$1,691
July 2024	$1,698
August 2024	$1,715
September 2024	$1,720
October 2024	$1,700
November 2024	$1,700
December 2024	$1,716
January 2025	$1,775
February 2025	$1,800
March 2025	$1,799
April 2025	$1,800
May 2025	$1,800
June 2025	$1,797
July 2025	$1,796
August 2025	$1,758
September 2025	$1,744
October 2025	$1,735
November 2025	$1,733

Affordability calculator

Can I afford to live at 1318 N Franklin St Unit 5 #5?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$119,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $119,800 annually to afford this 2-bedrooms monthly rent price of $2,995.

For more information on rent affordability, visit our rent calculator.

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Rent history

Check out the past listing prices for monthly rent at 1318 N Franklin St Unit 5, Philadelphia, PA.
			Bath
This month	$1,850	2 bed	2.5 bath
1 year ago	$1,800	2 bed	2.5 bath
1 year ago	$1,800	2 bed	2.5 bath
3 years ago	$1,800	2 bed	2.5 bath
3 years ago	$2,500	2 bed	2.5 bath

Schools near 1318 N Franklin St Unit 5 #5

Internet available near 1318 N Franklin St Unit 5 #5

Getting around Philadelphia near 1318 N Franklin St Unit 5 #5

Walking

10/10

No car? No problem. Everything you need is within a few blocks.

Driving

4/10

Roads are accessible, but parking may be a challenge.

Cycling

7/10

Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

9/10

Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 1318 N Franklin St Unit 5 #5, Philadelphia

Groceries

9/10

At least one supermarket within a 10-minute walk

Shopping

9/10

Wide variety of shops within a few minutes' walk

Cafes

8/10

Several cafés within a few minutes’ walk

Restaurants

9/10

Exceptional variety of restaurants within a few minutes’ walk

Primary schools

9/10

At least one elementary school within a 5-minute walk

High schools

9/10

At least one high school within a 5-minute walk

Parks

8/10

Very large amount of park space within a few minutes' walk

Nightlife

8/10

Several bars within a few minutes’ walk

Explore the area around 1318 N Franklin St Unit 5 #5

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Other units at this address

1318 N Franklin St, Philadelphia, PA

1318 N Franklin St Philadelphia, PA

Occupied

3

2 Beds

2.5 Baths

1,400 sqft

$1,800

Balcony • High Ceilings • In-Unit Laundry • Dishwasher • Air Conditioning • Walk-In Closets

Listed by Leasing Office

Days on market: 692

Luxurious 2-Bedroom Apartment Located in Ludlow! Available NOW! - Available NOW! This 2-Bedroom/2.5-Bathroom Apartment was constructed in 2021 and has all of the high-end features you could possibly be looking for in your next home! Located in the Ludlow neighborhood of Philadelphia, you will have easy access to public transportation and will be within walking distance of other great neighborhoods like Northern Liberties and Fishtown! This apartment is available now and is not one you want to miss out on! Enter the apartment and immediately fall in love with the spacious living room. Complete with wide-plank flooring, tall ceilings, and massive windows which allow plenty of natural light to pour in, this is the perfect space for entertaining! The living room is completely open into the dining room and kitchen which creates an open concept floor plan that everyone loves. There is also a powder room off the living room which adds convenience for when you have guests over. The dining room can accommodate a six-seat dining set with ease and also offers an unobstructed view into the luxurious kitchen. The kitchen is completely modern and includes white shaker-style cabinets with brushed nickel hardware, quartz countertops, stainless steel refrigerator, four-burner gas range, microwave, and dishwasher! There is a herringbone tile backsplash which adds the perfect pop of character and brings the entire design together. There is also an overhanging countertop off the kitchen island which is perfect for barstool seating to create an additional dining area. Both bedrooms are a comfortable size and can easily fit a queen-sized bed and complete bedroom set! The first bedroom includes a double door closet while the master bedroom has a walk-in closet and a private en-suite bathroom. Both bathrooms are stunning and include stone tile flooring and modern vanities which offer plenty of storage. The first bathroom has a full-sized bathtub/shower with a tile surround while the second bathroom has an incredible shower with custom floor-to-ceiling tile surround! In addition to all of the great features throughout the apartment, there is also Central AC and heat and a full-sized washer and dryer included - no need to leave the apartment to do your laundry! Water is included in rent! Tenants are responsible for electric, gas, and cable/internet in addition to rent every month. All Bay Management Group Philadelphia residents are automatically enrolled in the Resident Benefits Package (RBP) for $39.95/month, which includes renters insurance, credit building to help boost your credit score with timely rent payments, $1M Identity Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! The Resident Benefits Package is a voluntary program and may be terminated at any time, for any reason, upon thirty (30) days’ written notice. Tenants that do not upload their own renters insurance to the Tenant portal 5 days prior to move in will be automatically included in the RBP and the renters insurance program. More details upon application. Application Qualifications: Minimum monthly income 3 times the tenant’s portion of the monthly rent, acceptable rental history, acceptable credit history, and acceptable criminal history. More specific information provided with the application. To set up a ..