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1501 Locust Street [Residential] offers strong overall value with an expert rating of 8.1/10, highlighted by excellent pricing, a premier amenities package, and a highly convenient location close to schools and key city destinations. Modern interiors with hardwood floors, stainless steel appliances, granite countertops, walk-in closets, and reliable cable/high-speed internet support both everyday comfort and work-from-home needs. With extensive nearby fitness, wellness, social, dining, and coworking options, plus transparent property information and abundant photos, it stands out as a compelling choice for many lifestyles.
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High school nearbyMore spaceImages AvailableGreat for
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Work-from-home| 1BR/1.0BA | 1 bed | 1 bath | 628 sqft | $1,998–$2,165 /mo | 2 units available | Experience the charm and history of Rittenhouse square from the comforts of your own luxury apartment in one of Philadelphia’s most sought after neighborhoods. 1501 Locust is a luxury boutique building offering modern, opulent, and spacious apartments with stainless steel appliances, high ceilings, hardwood floors, and much more. These Rittenhouse Square apartments are just steps away from some of the best restaurants, bars, shops, public transportation, and historic attractions. 1501 Locust is a nine story luxury boutique building in the heart of Rittenhouse Square. The building offers a wide range of floor plans from studios to four bedroom units with beautiful hardwood floors, coffered ceilings, NEST thermostats, walk-in closets, modern kitchens with granite countertops, stainless steel appliances, in-unit washers and dryers and secured building entry. Some units offer balconies and private elevator entrances. Located on the Northwest corner of 15th and Locust, it is directly above a SEPTA subway stop and just two and a half blocks East of Rittenhouse Square. True luxury living in an exclusive, charming boutique building. Lease Terms: Generally, 1st month, and 1 month security deposit due at, or prior to, lease signing. Other terms may be required by Landlord such as last month’s rent upfront. $65 application fee per applicant. electricity, gas (if applicable), cable/internet and $10/mo technology fee. Water is a flat monthly fee of $60. $25 service fee plus cost of the air filter will be charged quarterly for routine air filter replacement. Landlord Requirements: Applicants to make 3x the monthly rent in verifiable gross income, credit history to be considered, no evictions within the past 5 years, and must have a verifiable rental history with on-time rental payments. Exceptions to this criteria may exist under the law and will be considered. Cosigners will be considered. Lease Terms: Generally, 1st month, and 1 month security deposit due at, or prior to, lease signing. Other terms may be required by Landlord such as last month’s rent upfront. $50 application fee per applicant. electricity, gas (if applicable), cable/internet and $10/mo technology fee. Water is a flat monthly fee of $70. $25 service fee plus cost of the air filter will be charged quarterly for routine air filter replacement. Landlord Requirements: Applicants to make 3x the monthly rent in verifiable gross income, credit history to be considered, no evictions within the past 5 years, and must have a verifiable rental history with on-time rental payments. Exceptions to this criteria may exist under the law and will be considered. Cosigners will be considered. *Small pets permitted with owner approval; $350 non-refundable pet deposit, $50/month pet rent *Photos are of a similar unit in the building (402), finishes will match, layout may differ | |
| 1BR/1.5BA | 1 bed | 1.5 bath | 970 sqft | $2,379 /mo | 1 unit available | Experience the charm and history of Rittenhouse square from the comforts of your own luxury apartment in one of Philadelphia’s most sought after neighborhoods. 1501 Locust is a luxury boutique building offering modern, opulent, and spacious apartments with stainless steel appliances, high ceilings, hardwood floors, and much more. These Rittenhouse Square apartments are just steps away from some of the best restaurants, bars, shops, public transportation, and historic attractions. 1501 Locust is a nine story luxury boutique building in the heart of Rittenhouse Square. The building offers a wide range of floor plans from studios to four bedroom units with beautiful hardwood floors, coffered ceilings, NEST thermostats, walk-in closets, modern kitchens with granite countertops, stainless steel appliances, in-unit washers and dryers and secured building entry. Some units offer balconies and private elevator entrances. Located on the Northwest corner of 15th and Locust, it is directly above a SEPTA subway stop and just two and a half blocks East of Rittenhouse Square. True luxury living in an exclusive, charming boutique building. Lease Terms: First month, and security deposit equal to one month's rent due at, or prior to, lease signing. $50 application fee per applicant. Utilities: Electricity, gas, cable/internet, and water($70/mo.) are the tenant's responsibility. Landlord Screening Requirements: Applicants to make 3x the monthly rent in verifiable gross income, credit history to be considered, have no evictions within the past 5 years, and must have a verifiable rental history with on-time rental payments. Exceptions to this criteria may exist under the law and will be considered. Cosigners will be considered. *Price reflects the net effective rent after a 1-month credit is applied on a 12-month lease at $2,595/mo. *Small pets permitted with owner approval; $350 non-refundable pet deposit, $50/month pet rent *Photos are of a similar unit in the building (301), finishes will match, layout may differ |
Let's explore this property.
One-time.
One-time. Refundable.
| Units | 29 |
|---|
Experience the charm and history of Rittenhouse square from the comforts of your own luxury apartment in one of Philadelphia’s most sought after neighborhoods. 1501 Locust is a luxury boutique building offering modern, opulent, and spacious apartments with stainless steel appliances, high ceilings, hardwood floors, and much more. These Rittenhouse Square apartments are just steps away from some of the best restaurants, bars, shops, public transportation, and historic attractions. 1501 Locust is a nine story luxury boutique building in the heart of Rittenhouse Square. The building offers a wide range of floor plans from studios to four bedroom units with beautiful hardwood floors, coffered ceilings, NEST thermostats, walk-in closets, modern kitchens with granite countertops, stainless steel appliances, in-unit washers and dryers and secured building entry. Some units offer balconies and private elevator entrances. Located on the Northwest corner of 15th and Locust, it is directly above a SEPTA subway stop and just two and a half blocks East of Rittenhouse Square. True luxury living in an exclusive, charming boutique building. Lease Terms: First month, and security deposit equal to one month's rent due at, or prior to, lease signing. $50 application fee per applicant. Utilities: Electricity, gas, cable/internet, and water($70/mo.) are the tenant's responsibility. Landlord Screening Requirements: Applicants to make 3x the monthly rent in verifiable gross income, credit history to be considered, have no evictions within the past 5 years, and must have a verifiable rental history with on-time rental payments. Exceptions to this criteria may exist under the law and will be considered. Cosigners will be considered. *Price reflects the net effective rent after a 1-month credit is applied on a 12-month lease at $2,595/mo. *Small pets permitted with owner approval; $350 non-refundable pet deposit, $50/month pet rent *Photos are of a similar unit in the building (301), finishes will match, layout may differ
How 1501 Locust Street [Residential] compares to other nearby properties.
Positives
1-bedroom apartments here are priced 23% higher than 1-bedrooms in Rittenhouse Square.
| 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 |
| May 2026 | $1,195 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,395 |
| June 2024 | $1,442 |
| July 2024 | $1,436 |
| August 2024 | $1,413 |
| September 2024 | $1,353 |
| October 2024 | $1,231 |
| November 2024 | $1,231 |
| December 2024 | $1,229 |
| January 2025 | $1,281 |
| February 2025 | $1,256 |
| March 2025 | $1,363 |
| April 2025 | $1,471 |
| May 2025 | $1,450 |
| June 2025 | $1,460 |
| July 2025 | $1,487 |
| August 2025 | $1,499 |
| September 2025 | $1,456 |
| October 2025 | $1,445 |
| November 2025 | $1,477 |
| December 2025 | $1,447 |
| January 2026 | $1,409 |
| February 2026 | $1,412 |
| March 2026 | $1,405 |
| April 2026 | $1,347 |
| May 2026 | $1,405 |
Can I afford to live at 1501 Locust St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$87,540/yr
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Rittenhouse Square | Philadelphia, PA
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$1,425–$2,550
Walnut Hill • 241 S 49th St
1–3 Beds
$1,398–$2,050
Mill Creek • 800 North 48th Street
3 Beds
$1,980
Jenkintown • 1300 Greenwood Ave
Studio–2 Beds
$2,299–$3,834
Roxborough • 7949 Ridge Ave
1–2 Beds
$1,505–$1,930
Chestnut Hill • 7715 Mccallum St
1–3 Beds
$1,648–$3,035
Chestnut Hill • 7600 Stenton Ave
Studio–3 Beds
$1,287–$2,044
East Falls • 4021 Ridge Ave
Studio–2 Beds
$1,425–$2,550
