Updated 4 Days Ago
Location
506 S 5th St, Philadelphia, PA 19147, USA|Center City East
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Property Overview
Located in a highly convenient area, 506 S 5th St offers easy access to nearby amenities and daily essentials. Its setting may appeal to those seeking a well-situated home with strong neighborhood convenience.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Less expensive
Great for
Eco living
Social life
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 506 S 5th St
Sweet deal!
This listing is 21% below the median price for 1 bedroom apartments in Center City East.
Property Status: Active Well-maintained apartment situated in a highly convenient location, close to everything. Move-in ready, this apartment won't last long. Office Phone: (215) 833-4787 Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
506 S 5th St is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 506 S 5th St compares to other nearby properties.
Positives
- More space
- The 1-bedroom is 600 sqft larger than other listings nearby
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
Address details
| Neighborhood | Center City East |
|---|---|
| Zip code | 19147 |
| Type | Apartment for rent |
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Rent trends in Center City East
1-bedroom apartments at 506 S 5th St cost about 21% less than the average rent price for 1-bedroom apartments in Philadelphia.
Median rents as of Aug 29 2026.
Center City East
Philadelphia
| Month | Median Rent |
|---|---|
| September 2024 | $1,500 |
| October 2024 | $1,505 |
| November 2024 | $1,529 |
| December 2024 | $1,534 |
| January 2025 | $1,528 |
| February 2025 | $1,532 |
| March 2025 | $1,521 |
| April 2025 | $1,504 |
| May 2025 | $1,531 |
| June 2025 | $1,535 |
| July 2025 | $1,512 |
| August 2025 | $1,495 |
| September 2025 | $1,496 |
| October 2025 | $1,487 |
| November 2025 | $1,465 |
| December 2025 | $1,484 |
| January 2026 | $1,439 |
| February 2026 | $1,430 |
| March 2026 | $1,450 |
| April 2026 | $1,452 |
| May 2026 | $1,492 |
| June 2026 | $1,473 |
| July 2026 | $1,454 |
| August 2026 | $1,454 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,825 |
| October 2024 | $1,794 |
| November 2024 | $1,818 |
| December 2024 | $1,881 |
| January 2025 | $1,880 |
| February 2025 | $1,891 |
| March 2025 | $1,900 |
| April 2025 | $1,888 |
| May 2025 | $1,976 |
| June 2025 | $1,958 |
| July 2025 | $1,954 |
| August 2025 | $1,984 |
| September 2025 | $2,169 |
| October 2025 | $2,050 |
| November 2025 | $2,054 |
| December 2025 | $1,982 |
| January 2026 | $1,862 |
| February 2026 | $1,856 |
| March 2026 | $1,885 |
| April 2026 | $1,932 |
| May 2026 | $1,961 |
| June 2026 | $1,987 |
| July 2026 | $2,008 |
| August 2026 | $1,903 |
Affordability calculator
Can I afford to live at 506 S 5th St?
Bedrooms
1 bedroomRent-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
$60,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $60,000 annually to afford this 1-bedroom monthly rent price of $1,500.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Last month | $1,500 |
Schools near 506 S 5th St
Gen. George A. McCall School
325 s 7th st
philadelphia, PA, 19106
K-8Public
B+
Mosaic Early Learning - KCNA Center
525 clinton st
camden, NJ, 8103
PKPublic
KIPP Cooper Norcross Academy
525 clinton st
camden, NJ, 8103
K-11Public
C
Acelero Learning - Marshall Street Center
949 north marshall st
philadelphia, PA, 19123
PKPublic
Acelero Learning - Jefferson Center
900 w jefferson st
philadelphia, PA, 19122
PKPublic
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Internet available near 506 S 5th St
Neighborhood
Center City East | Philadelphia, PA
Getting around Philadelphia near 506 S 5th St
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 506 S 5th St, Philadelphia
Groceries
10/10
Exceptional variety of groceries within a few minutes' walk
Shopping
10/10
Exceptional variety of shops within a few minutes’ walk
Cafes
10/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
10/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
9/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
10/10
Exceptional variety of bars right within a few minutes’ walk
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