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Highlights

  • Rent Special
  • Pet Friendly
  • On-site retailers
  • Unparalleled amenities

Location

834 Chestnut St, Philadelphia, PA 19107, USA|Center City East
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Contact

Management

Korman Communities

Leasing office

(844) 325-4840 ext. 4364

Open today 

10:00 am–5:00 pm ET

Property Overview

The Franklin Residences has an 8.5/10 Zumper Expert Rating, with especially strong marks for amenities, location, and overall quality, plus competitive value for the price. It also features on-site retailers and standout amenities, and is noted for convenience, wellness, work-from-home use, social life, and pet-friendliness.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, The Franklin Residences is a great option for renters. While some aspects, like Price, might not be as distinguished as other properties nearby, The Franklin Residences has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • More space
  • Images Available

Great for

  • Work-from-home
  • Social life
  • Pet owners

Floor plans

E2Studio1 bath613 sqft$2,195 /mo1 unit available
E1Studio1 bath621 sqft$2,225 /mo1 unit available
A21 bed1 bath845 sqft$2,125 /mo1 unit available
A11 bed1 bath708 sqft$2,425 /mo1 unit available
A111 bed1 bath799 sqft$2,525 /mo1 unit available
A81 bed1 bath857 sqft$2,525 /mo1 unit available
B22 bed2 bath1,061 sqft$3,625 /mo1 unit available
B12 bed2 bath993 sqft$3,850 /mo1 unit available

Let's explore this property.

Amenities for The Franklin Residences

Apartment Amenities

10' CeilingsA Variety Of Finishes
Abundant Closet SpaceAir Conditioning
BalconyCustom Blinds
Dining AreasElectric Key Entry
Expansive Windows That OpenHigh Ceilings
Sound Walls

Appliances

In-Unit LaundryPersonal Washer and Dryer in Residence

Building

24/7 State Of The Art Fitness CenterCats OK
Dogs OKFitness Center
Residents Lounge

Grounds

Garage ParkingValet Underground Garage Parking Available

Services

24/7 Concierge24/7 Onsite Maintenance Team
24/7 Self-service Package KioskConcierge Service
Door ServiceDry Cleaning Service
Fun Resident EventsPackage Service
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

Applicants

Application Fee

Per-applicant. Agent application fee.

Contact Property

REQUIRED FEES

Deposit

One-time. Refund Policy: 100%. Security Deposit.

$500–$1,000

OPTIONAL FEES

Parking Policy

Garage Parking

Dog Policy

Allowed

Cat Policy

Allowed

Cat

Cat Fee

One-time. 2 cats max. Refund Policy: Non-refundable.

$400

Cat Rent

Monthly. Refund Policy: Non-refundable.

$40

Dog

Dog Fee

One-time. 2 dogs max. Refund Policy: Non-refundable.

$400

Dog Rent

Monthly. Refund Policy: Non-refundable.

$40

Questions about this property’s policies and fees?

Building details

Property details

Units303
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About The Franklin Residences

HomeApartments in PhiladelphiaCenter City East The Franklin Residences

The Franklin Residences isn't just where you live – it’s how you Live Better(R). Experience elevated apartment living in a storied Philadelphia high-rise with on-demand amenities, high-touch service, and a vibrant social community in the heart of Center City. We offer a variety of spacious studio, 1, and 2 bedroom apartments featuring 10-foot ceilings, expansive windows, and abundant closet space. With our 24/7 concierge service, historic resident balcony overlooking Chestnut Street, 24/7 fitness center, and on-demand flexible workspaces, everything you need to live, work, and play is right here. Experience Philadelphia's most walkable downtown neighborhood, with major historical, cultural, and culinary destinations such as Independence Hall and Reading Terminal Market just steps from your front door. Looking for something more flexible? Our furnished apartments are the perfect solution for stays of 30 days or longer, offering all the comforts of home with the flexibility you need.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, The Franklin Residences is a great option for renters. While some aspects, like Price, might not be as distinguished as other properties nearby, The Franklin Residences has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated The Franklin Residences
Price·7A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
While the monthly rent is more than the median price per bedroom of nearby properties, The Franklin Residences has other amenities and features that might compensate for the increased price. The higher monthly rent potentially reflects a higher quality of living that renters might find here, compared to other properties in the area.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
The Franklin Residences stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Franklin Residences is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·9A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
The Franklin Residences has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

The Franklin Residences is great for:

Work-from-home

  • Large windows for natural lighting
  • Common areas for meetings or remote work
  • 17 internet service provider options nearby
  • 20 coworking spaces or cafes within 1 mile

Social life

  • 1514 restaurants within 1 mile of this property
  • Community gathering spaces on-site (lounges, rooftops, etc.)
  • 122 local event hubs within 1 mile
  • 345 museums, art galleries, or cultural centers within 1 mile

Pet owners

  • Outdoor spaces are available at this property
  • 12 pet hospitals in the area
  • 21 pet supply stores near the property
  • 6 pet grooming services nearby

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 The Franklin Residences compares to other nearby properties.

Positives

High school nearby
There is a high school 0.2 mile away
More space
Studio is 211 sqft larger than other listings nearby
More space
The 1-bedroom is 86 sqft larger than other listings nearby
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors
Package service
More secure storage for delivery

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 0.4 mile away
Greater distance from middle schools
The nearest middle school is farther than 1 mile away

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Rent trends in Center City East

Studio apartments at The Franklin Residences cost about 61% more than the average rent price for studios in Center City East.

1-bedroom apartments here are priced 27% higher than 1-bedrooms in Center City East.

If you decide to upgrade your space, you can expect 2-bedrooms at The Franklin Residences to be 43% more than the average for similarly sized apartments in Center City East.

Median rents as of Aug 29 2026.
Center City East
Philadelphia
A table of studio rental data trends in Philadelphia
MonthMedian Rent
September 2024$1,188
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
May 2026$1,195
June 2026$1,196
July 2026$1,198
August 2026$1,225
A table of studio rental data trends in Center City East
MonthMedian Rent
September 2024$1,358
October 2024$1,372
November 2024$1,257
December 2024$1,203
January 2025$1,302
February 2025$1,454
March 2025$1,431
April 2025$1,195
May 2025$1,191
June 2025$1,218
July 2025$1,427
August 2025$1,452
September 2025$1,500
October 2025$1,420
November 2025$1,497
December 2025$1,265
January 2026$1,261
February 2026$1,299
March 2026$1,278
April 2026$1,304
May 2026$1,495
June 2026$1,500
July 2026$1,428
August 2026$1,355

Affordability calculator

Can I afford to live at 834 Chestnut St?

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

$88,400/yr

With your selected rent-to-income ratio, you'd ideally want to make $88,400 annually to afford this studio median monthly rent price of $2,210.
For more information on rent affordability, visit our rent calculator.

Schools near The Franklin Residences

Gen. George A. McCall School

325 s 7th st

philadelphia, PA, 19106

K-8Public
B+

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

KIPP Cooper Norcross Academy

525 clinton st

camden, NJ, 8103

K-11Public
C

Mosaic Early Learning - KCNA Center

525 clinton st

camden, NJ, 8103

PKPublic
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Internet available near The Franklin Residences

Neighborhood

Center City East | Philadelphia, PA

NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.

Getting around Philadelphia near 834 Chestnut St

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

3/10
Roads are accessible, but parking may be a challenge.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 834 Chestnut 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

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

10/10
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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