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3098 1/2 Ruth Street has received high ratings across various metrics, including a 9.2 expert rating, indicating it’s an impressive choice for renters. Its outstanding amenities, excellent location, and competitive pricing enhance its appeal, making it a standout property in the area. Additionally, notable features such as updated interiors and nearby schools contribute to a vibrant community atmosphere, offering a robust social life and convenience for residents.
Things you’ll love
Middle school nearbyLess expensiveHigh school nearbyGreat for
Social life| 0BR/1.0BA | Studio | 1 bath | 210+ sqft | $725–$800 /mo | 3 units available | Now available — this newly renovated commercial space in North Philadelphia offers a great opportunity for small business owners looking for an affordable and convenient location. The space features updated flooring, modern lighting, refreshed interior finishes, and a functional open layout that can easily be adapted for a barber shop, nail salon, beauty studio, small office, or other service-based business. Photos shown are of the actual space. Located just minutes from Fishtown, with Center City only a short train ride away, this property benefits from excellent accessibility. Public transportation (bus routes and train stations) are within a few blocks, and the location offers easy access to I-95, I-76, Lehigh Avenue, and Aramingo Avenue, providing convenient access for both clients and staff. Nearby residential neighborhoods and local businesses create a strong community presence and steady local activity. Don’t miss this opportunity to establish or expand your business in a growing area of Philadelphia. Contact us today to schedule a showing — this space will not last long! Rental Requirements: -Monthly income: Minimum 3× monthly rent -Proof of income: 2-3 months of recent paystubs or bank statements showing deposits -Been employed at least for 6 months -Application fee: $50 per adult (non-refundable) -All residents 18+ must apply and will be listed on the lease -Photo ID and Social Security Number required for screening -Background check: Prior evictions, judgments or felonies within 10 years disqualify applicants -No high collections on your credit over $5,000 -Move-In Costs: A full security deposit (same as rent) is required prior to move-in. First month & last month’s rent at the time of move-in. -Holding deposit: We require at least one month as the initial deposit to hold a unit for 30 days (non-refundable if applicant withdraws) We Do Not Accept: -Social Security Income (SSI) -Section 8 or any Housing Vouchers -Assistance funding for move-ins -Co-signers, unless they will be living in the property -Anyone 18 years or older who will live in the property must submit an application -Parole Cases / Past Evictions Ready to Open Your Business Here? This versatile commercial space is available now and is ideal for entrepreneurs looking for an affordable location to operate their business. Contact us today to schedule a tour or request leasing details. |
Let's explore this property.
Apartment Amenities
| Gas |
Appliances
| Range | Stove |
One-time.
One-time. Refundable.
| Units | 4 |
|---|
Now available — this newly renovated commercial space in North Philadelphia offers a great opportunity for small business owners looking for an affordable and convenient location. The space features updated flooring, modern lighting, refreshed interior finishes, and a functional open layout that can easily be adapted for a barber shop, nail salon, beauty studio, small office, or other service-based business. Photos shown are of the actual space. Located just minutes from Fishtown, with Center City only a short train ride away, this property benefits from excellent accessibility. Public transportation (bus routes and train stations) are within a few blocks, and the location offers easy access to I-95, I-76, Lehigh Avenue, and Aramingo Avenue, providing convenient access for both clients and staff. Nearby residential neighborhoods and local businesses create a strong community presence and steady local activity. Don’t miss this opportunity to establish or expand your business in a growing area of Philadelphia. Contact us today to schedule a showing — this space will not last long! Rental Requirements: -Monthly income: Minimum 3× monthly rent -Proof of income: 2-3 months of recent paystubs or bank statements showing deposits -Been employed at least for 6 months -Application fee: $50 per adult (non-refundable) -All residents 18+ must apply and will be listed on the lease -Photo ID and Social Security Number required for screening -Background check: Prior evictions, judgments or felonies within 10 years disqualify applicants -No high collections on your credit over $5,000 -Move-In Costs: A full security deposit (same as rent) is required prior to move-in. First month & last month’s rent at the time of move-in. -Holding deposit: We require at least one month as the initial deposit to hold a unit for 30 days (non-refundable if applicant withdraws) We Do Not Accept: -Social Security Income (SSI) -Section 8 or any Housing Vouchers -Assistance funding for move-ins -Co-signers, unless they will be living in the property -Anyone 18 years or older who will live in the property must submit an application -Parole Cases / Past Evictions Ready to Open Your Business Here? This versatile commercial space is available now and is ideal for entrepreneurs looking for an affordable location to operate their business. Contact us today to schedule a tour or request leasing details.
How 3098 1/2 Ruth Street compares to other nearby properties.
Positives
Considerations
studio apartments at 3098 1/2 Ruth Street cost about 36% less than the average rent price for studio apartments in Kensington.
| Month | Median Rent |
|---|---|
| April 2024 | $1,191 |
| 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 | $1,177 |
| Month | Median Rent |
|---|---|
| April 2024 | $1,136 |
| May 2024 | $897 |
| June 2024 | $1,009 |
| July 2024 | $1,162 |
| August 2024 | $1,301 |
| September 2024 | $1,337 |
| October 2024 | $1,312 |
| November 2024 | $1,344 |
| December 2024 | $1,328 |
| January 2025 | $1,288 |
| February 2025 | $1,286 |
| March 2025 | $1,199 |
| April 2025 | $1,087 |
| May 2025 | $1,221 |
| June 2025 | $1,265 |
| July 2025 | $1,268 |
| August 2025 | $1,213 |
| September 2025 | $1,055 |
| October 2025 | $1,106 |
| November 2025 | $1,106 |
| December 2025 | $1,054 |
| January 2026 | $1,014 |
| February 2026 | $1,169 |
| March 2026 | $1,084 |
| April 2026 | $1,106 |
Can I afford to live at 3098 1/2 Ruth St?
Bedrooms
StudioRent-to-income ratio
30%
$29,000/yr
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Graduate Hospital • 2100 2100 Block Christian Street
Studio–2 Beds
$1,025–$1,600
Cedarbrook - Stenton • 1061 E Mount Airy Ave
Studio–2 Beds
$974–$1,577
East Falls • 5500 Wissahickon Ave
Studio–2 Beds
$1,039–$3,858
Elkins Park • 1990 Ashbourne Rd
1–2 Beds
$1,000–$1,189
Tacony - Wissinoming • 5716 Hegerman St #2
1 Bed
$990
