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5003 Penn Street is a competitively priced, high–value option with an overall expert rating of 8.8/10, including a perfect price score and top-tier value for money and value per square foot. Residents can expect a recently renovated space with a spacious living area, updated kitchen and new appliances, ample storage, and convenient urban living in a highly rated location close to a top high school, backed by strong quality, amenities, and trustworthiness ratings.
Things you’ll love
Less expensiveMore spaceHigh school nearby| 0BR/1.0BA | Studio | 1 bath | 700 sqft | $795 /mo | 1 unit available | Virtual Tour: https my matterport com show ?m=HMt8bgRLCkr VIDEO WALKTHROUGH https youtube com shorts owQQ-Gba1IE?si=ThuCZKWcd0GUXjr4 This apartment in Philadelphia offers a thoughtfully designed living space on a single floor. The interior has been recently renovated, showcasing a blend of modern functionality and aesthetic appeal. The kitchen is a standout feature, boasting crisp white cabinetry with contrasting dark hardware, a sleek marble-look backsplash, and new appliances, including a freestanding range. The living area is surprisingly spacious for the apartment's size, with ample room for both seating and dining arrangements. Large windows flood the space with natural light, enhancing the sense of openness. The floors throughout are finished in a durable, attractive wood-look material that adds warmth to the neutral color palette. The apartment's efficient layout maximizes the available space, with thoughtful details like recessed lighting and strategically placed electrical outlets. While compact, the design creates distinct zones for cooking, living, and potentially sleeping. The fresh and updated features make this apartment an attractive option for urban living in Philadelphia. Qualifications / General Screening Criteria: • Rental applications must be complete, correct and verified. • Gross monthly income must provable and be at least 3 times rent or tenant must have a housing choice voucher. • Applicants must have a proven history of on-time rental payments not including the COVID-19 emergency period. • Applicants must have a good relevant credit history or tenant must have a housing choice voucher. • Applicants must have no evictions in the last 4 years except during the COVID-19 emergency period. | |
| 1BR/1.0BA | 1 bed | 1 bath | 700 sqft | $1,125 /mo | 1 unit available | Virtual Tour: https my matterport com show ?m=Kvc9BvXLoms This apartment in Philadelphia offers a harmonious blend of classic architecture and modern comfort. The space is characterized by its expansive primary bedroom which could potentially serve as a combined living and sleeping area. Rich hardwood floors run throughout, adding warmth and character to the entire unit. Large windows in multiple rooms flood the space with natural light, creating a bright and airy atmosphere. The living area is particularly noteworthy, featuring a bay window arrangement that not only enhances the room's spaciousness but also provides picturesque views of the surrounding neighborhood. A standout feature is the extensive built-in shelving, offering ample storage and display space. The apartment also includes a fireplace, adding a touch of coziness and serving as a focal point in one of the rooms. The bathroom, while compact, is efficiently designed with clean, white fixtures and tiling. Baseboard heating ensures comfort throughout the seasons, and the neutral gray wall color provides a versatile backdrop for various decor styles. This one-bedroom, one-bathroom unit on a single floor strikes a balance between functionality and charm, making it an attractive option for urban living in Philadelphia. Qualifications / General Screening Criteria: • Rental applications must be complete, correct and verified. • Gross monthly income must provable and be at least 3 times rent or tenant must have a housing choice voucher. • Applicants must have a proven history of on-time rental payments not including the COVID-19 emergency period. • Applicants must have a good relevant credit history or tenant must have a housing choice voucher. • Applicants must have no evictions in the last 4 years except during the COVID-19 emergency period. |
Let's explore this property.
Appliances
| Range Hood | Refrigerator |
| Stove | Stove & Refrigerator |
One-time.
One-time. Refundable.
| Units | 5 |
|---|
Virtual Tour: https my matterport com show ?m=Kvc9BvXLoms This apartment in Philadelphia offers a harmonious blend of classic architecture and modern comfort. The space is characterized by its expansive primary bedroom which could potentially serve as a combined living and sleeping area. Rich hardwood floors run throughout, adding warmth and character to the entire unit. Large windows in multiple rooms flood the space with natural light, creating a bright and airy atmosphere. The living area is particularly noteworthy, featuring a bay window arrangement that not only enhances the room's spaciousness but also provides picturesque views of the surrounding neighborhood. A standout feature is the extensive built-in shelving, offering ample storage and display space. The apartment also includes a fireplace, adding a touch of coziness and serving as a focal point in one of the rooms. The bathroom, while compact, is efficiently designed with clean, white fixtures and tiling. Baseboard heating ensures comfort throughout the seasons, and the neutral gray wall color provides a versatile backdrop for various decor styles. This one-bedroom, one-bathroom unit on a single floor strikes a balance between functionality and charm, making it an attractive option for urban living in Philadelphia. Qualifications / General Screening Criteria: • Rental applications must be complete, correct and verified. • Gross monthly income must provable and be at least 3 times rent or tenant must have a housing choice voucher. • Applicants must have a proven history of on-time rental payments not including the COVID-19 emergency period. • Applicants must have a good relevant credit history or tenant must have a housing choice voucher. • Applicants must have no evictions in the last 4 years except during the COVID-19 emergency period.
How 5003 Penn Street compares to other nearby properties.
Positives
Considerations
Studio apartments at 5003 Penn Street cost about 16% less than the average rent price for studios in Frankford.
1-bedroom apartments here are priced 13% higher than 1-bedrooms in Frankford.
| Month | Median Rent |
|---|---|
| May 2024 | $1,200 |
| June 2024 | $1,210 |
| July 2024 | $1,204 |
| August 2024 | $1,195 |
| September 2024 | $1,191 |
| October 2024 | $1,180 |
| November 2024 | $1,196 |
| December 2024 | $1,199 |
| January 2025 | $1,206 |
| February 2025 | $1,208 |
| March 2025 | $1,209 |
| April 2025 | $1,194 |
| May 2025 | $1,222 |
| June 2025 | $1,225 |
| July 2025 | $1,227 |
| August 2025 | $1,198 |
| September 2025 | $1,195 |
| October 2025 | $1,193 |
| November 2025 | $1,153 |
| December 2025 | $1,149 |
| January 2026 | $1,189 |
| February 2026 | $1,197 |
| March 2026 | $1,197 |
| April 2026 | $1,176 |
| Month | Median Rent |
|---|---|
| May 2024 | $950 |
| June 2024 | $914 |
| July 2024 | $853 |
| August 2024 | $850 |
| September 2024 | $818 |
| October 2024 | $815 |
| November 2024 | $796 |
| December 2024 | $778 |
| January 2025 | $800 |
| February 2025 | $800 |
| March 2025 | $850 |
| April 2025 | $836 |
| May 2025 | $797 |
| June 2025 | $800 |
| July 2025 | $839 |
| November 2025 | $850 |
| December 2025 | $843 |
| January 2026 | $846 |
| February 2026 | $865 |
| March 2026 | $932 |
| April 2026 | $943 |
Can I afford to live at 5003 Penn St?
Bedrooms
Rent-to-income ratio
30%
$31,800/yr
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Frankford | Philadelphia, PA
Walnut Hill • 241 S 49th St
1–3 Beds
$1,398–$2,050
Roxborough • 7949 Ridge Ave
1–2 Beds
$1,462–$1,980
East Falls • 4021 Ridge Ave
Studio–2 Beds
$1,425–$2,550
Chestnut Hill • 7600 Stenton Ave
Studio–3 Beds
$1,287–$2,238
Allegheny West • 4055 Ridge Ave
1–3 Beds
$1,245–$2,245
East Falls • 5500 Wissahickon Ave
Studio–3 Beds
$945–$10,000
North Philadelphia West • 2016 Master Street
1–3 Beds
$1,110–$1,276
Parkside • 1527 Park Boulevard
1–2 Beds
$1,400–$1,600
Walnut Hill • 241 S 49th St
1–3 Beds
$1,398–$2,050
Roxborough • 7949 Ridge Ave
1–2 Beds
$1,462–$1,980
East Falls • 4021 Ridge Ave
Studio–2 Beds
$1,425–$2,550
Chestnut Hill • 7600 Stenton Ave
Studio–3 Beds
$1,287–$2,238
Allegheny West • 4055 Ridge Ave
1–3 Beds
$1,245–$2,245
East Falls • 5500 Wissahickon Ave
Studio–3 Beds
$945–$10,000
North Philadelphia West • 2016 Master Street
1–3 Beds
$1,110–$1,276
Parkside • 1527 Park Boulevard
1–2 Beds
$1,400–$1,600
