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701 N 40th St enjoys an impressive Zumper expert rating of 8.6, reflecting its excellent overall appeal to renters. The property is competitively priced, scoring a perfect 10 for value, and features modern amenities such as stainless steel appliances and wood-look flooring, contributing to its 9 out of 10 amenities rating. With a strong 9 for location, residents benefit from numerous parks, public transit options, and a vibrant social scene, while a trustworthiness rating of 8 showcases transparency in its management.
Things you’ll love
Middle school nearbyElementary school nearbyDishwasherGreat for
Social life
Eco living| 2BR/2.0BA | 2 bed | 2 bath | $1,650–$1,800 /mo | 3 units available | Virtual Tour: https my matterport com show ?m=TeZZJ8MHWBb This unit for rent is a 2-bed, 2 full bath. This recently renovated apartment in Philadelphia offers a blend of modern comfort and practical design. The space comprises two bedrooms, two full bathrooms, and an open-concept kitchen and living area, perfect for entertaining. Throughout the apartment, attractive wood-look flooring creates a warm and cohesive aesthetic. Large windows in the bedrooms and living area flood the space with natural light, while offering views of the surrounding neighborhood. The walls are painted in a neutral tone, providing a clean canvas for personalization. The two bathrooms feature modern designs. The main bathroom includes a white bathtub, toilet, and a striking grey tile surround accented by a decorative mosaic strip. In the kitchen, sleek two-tone cabinetry (light grey uppers and darker grey lowers) is complemented by stainless steel appliances, including a refrigerator, stove, and over-the-range microwave. A central island with a sink adds functionality and serves as a focal point, illuminated by modern pendant lighting and a seating area for bar stools. Storage solutions are integrated throughout, with closet spaces and additional cabinetry. The apartment's layout maximizes the use of space, creating an environment that feels both open and intimate. Located at 701 N. 40th St., this property offers a fresh, contemporary living space in the heart of Philadelphia. Promo: 1 month free rent concession on a 13-month contract or 2 months free rent concession on an 18-month contract. Concession cannot be amortized, and concession will be applied on Months #3 & #4 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
| Dishwasher | In-Unit Laundry |
| Microwave | Stove & Refrigerator |
| Washer and Dryer |
Tech
| Stove/Refrigerator |
One-time.
One-time. Refundable.
| Units | 3 |
|---|
Virtual Tour: https my matterport com show ?m=TeZZJ8MHWBb This unit for rent is a 2-bed, 2 full bath. This recently renovated apartment in Philadelphia offers a blend of modern comfort and practical design. The space comprises two bedrooms, two full bathrooms, and an open-concept kitchen and living area, perfect for entertaining. Throughout the apartment, attractive wood-look flooring creates a warm and cohesive aesthetic. Large windows in the bedrooms and living area flood the space with natural light, while offering views of the surrounding neighborhood. The walls are painted in a neutral tone, providing a clean canvas for personalization. The two bathrooms feature modern designs. The main bathroom includes a white bathtub, toilet, and a striking grey tile surround accented by a decorative mosaic strip. In the kitchen, sleek two-tone cabinetry (light grey uppers and darker grey lowers) is complemented by stainless steel appliances, including a refrigerator, stove, and over-the-range microwave. A central island with a sink adds functionality and serves as a focal point, illuminated by modern pendant lighting and a seating area for bar stools. Storage solutions are integrated throughout, with closet spaces and additional cabinetry. The apartment's layout maximizes the use of space, creating an environment that feels both open and intimate. Located at 701 N. 40th St., this property offers a fresh, contemporary living space in the heart of Philadelphia. Promo: 1 month free rent concession on a 13-month contract or 2 months free rent concession on an 18-month contract. Concession cannot be amortized, and concession will be applied on Months #3 & #4 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 701 N 40th St compares to other nearby properties.
Positives
Considerations
2-bedroom apartments at 701 N 40th St cost about 12% more than the average rent price for 2-bedroom apartments in Belmont.
| Month | Median Rent |
|---|---|
| February 2024 | $1,195 |
| March 2024 | $1,162 |
| April 2024 | $1,185 |
| 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 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,584 |
| October 2024 | $1,125 |
| November 2024 | $1,043 |
| November 2025 | $960 |
| December 2025 | $835 |
| January 2026 | $889 |
Can I afford to live at 701 N 40th St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$66,000/yr
1500 w ontario st
philadelphia, PA, 19140
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East Falls • 4021 Ridge Ave
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Mill Creek • 800 North 48th Street
3 Beds
$1,980
Walnut Hill • 241 S 49th St
1–2 Beds
$1,250–$2,000
Jenkintown • 1300 Greenwood Ave
1 Bed
$2,324–$2,529
Chestnut Hill • 7715 Mccallum St
1–2 Beds
$1,585–$1,902
Chestnut Hill • 7600 Stenton Ave
1–2 Beds
$1,523–$2,198
East Falls • 4021 Ridge Ave
1 Bed
$1,725–$1,925
