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Highlights

  • Prime location
  • Built-in dishwasher
  • Modern living space
  • Great amenities
  • Optional off-street parking
  • Beautiful newly renovated

Location

4040 Spruce St, Philadelphia, PA 19104, USA|Spruce Hill
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Contact

Management

LA GIOCONDA UC

Leasing office

(484) 562-4776

Property Overview

4040 Spruce St. stands out for its prime location, modern newly renovated living space, built-in dishwasher, great amenities, and optional off-street parking. It earns a strong 8.1 Zumper Expert Rating, with especially high marks for price and location, while also offering walkable surroundings, nearby transit options, many restaurants, and plenty of parks.

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

8.1
Very Good
With a solid 8.1 out of 10 overall, 4040 Spruce St. is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 4040 Spruce St. has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Elementary school nearby

Great for

  • Eco living
  • Social life

Floor plans

2BR/1.0BA2 bed1 bath736 sqft$1,700 /mo1 unit availableBeautiful newly renovated 2 bedroom apartment 1 full bath full kitchen
3BR/1.0BA3 bed1 bath936 sqft$1,850 /mo1 unit availableWelcome to this beautifully remodeled 3-bedroom unit, located on the top floor and offering 1000 sq. feet of modern living space. This unit features central air, a built-in dishwasher, a spacious full bath, fresh paint on the walls, a microwave, and a walk-in closet in the master bedroom. Potential tenants can also enjoy the convenience of optional off-street parking at an additional cost. Situated just a few steps from UPenn's School of Dentistry, this home is perfect for students and professionals alike. Don't miss out on this fantastic opportunity to live in a prime location with great amenities!

Let's explore this property.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units7
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About 4040 Spruce St.

HomeApartments in PhiladelphiaSpruce Hill 4040 Spruce St.

Beautiful newly renovated 2 bedroom apartment 1 full bath full kitchen


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.
8.1
/10
Very Good
With a solid 8.1 out of 10 overall, 4040 Spruce St. is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 4040 Spruce St. has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 4040 Spruce St.
Price·9A 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.
4040 Spruce St. stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A 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.
With multiple in-demand amenities, 4040 Spruce St. is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
4040 Spruce St. 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·6A 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.
While 4040 Spruce St. does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
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.

4040 Spruce St. is great for:

Eco living

  • You can get around by foot in this area
  • Public transit available nearby
  • 45 parks within a mile

Social life

  • Areas nearby are accessible by walking
  • The area has transit options
  • A bustling neighborhood
  • 372 restaurants within 1 mile of this property

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 4040 Spruce St. compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.1 mile away

Considerations

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

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Rent trends in Spruce Hill

If you decide to upgrade your space, you can expect 2-bedrooms at 4040 Spruce St. to be 6% less than the average for similarly sized apartments in Spruce Hill.

3-bedroom apartments at 4040 Spruce St. cost about 11% less than the average rent price for 3-bedroom apartments in Spruce Hill.

Median rents as of Aug 22 2026.
Spruce Hill
Philadelphia
A table of studio rental data trends in Philadelphia
MonthMedian Rent
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
June 2026$1,196
July 2026$1,198
August 2026$1,223
A table of studio rental data trends in Spruce Hill
MonthMedian Rent
September 2024$1,015
October 2024$1,012
November 2024$1,038
December 2024$1,052
January 2025$1,047
February 2025$1,044
March 2025$1,020
April 2025$1,021
May 2025$1,033
June 2025$1,038
July 2025$1,044
August 2025$1,024
September 2025$1,027
October 2025$1,048
November 2025$1,034
December 2025$1,032
January 2026$1,068
February 2026$1,065
March 2026$1,045
April 2026$1,027
May 2026$1,050
June 2026$1,054
July 2026$1,069
August 2026$1,065

Affordability calculator

Can I afford to live at 4040 Spruce 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

$68,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $68,000 annually to afford this 2-bedrooms monthly rent price of $1,700.
For more information on rent affordability, visit our rent calculator.

Schools near 4040 Spruce St.

Penn Alexander School

4209 spruce st

philadelphia, PA, 19104

K-8Public
A-

Acelero Learning - St. Elizabeth's Center 1

1801 north 23rd st

philadelphia, PA, 19121

PKPublic

Acelero Learning - St. Elizabeth's Center 3

1801 north 23rd st

philadelphia, PA, 19121

PKPublic

Acelero Learning - St. Elizabeth's Center 2

1801 north 23rd st

philadelphia, PA, 19121

PKPublic

Acelero Learning - Jefferson Center

900 w jefferson st

philadelphia, PA, 19122

PKPublic
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Neighborhood

Spruce Hill | Philadelphia, PA

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Philadelphia near 4040 Spruce St

Walking

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

Driving

5/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 4040 Spruce St, Philadelphia

Groceries

9/10
At least one supermarket within a 10-minute walk

Shopping

7/10
Several shops within a few minutes’ walk

Cafes

8/10
Several cafés within a few minutes’ walk

Restaurants

9/10
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

8/10
At least one high school within a 10-minute walk

Parks

8/10
Very large amount of park space within a few minutes' walk

Nightlife

6/10
Several bars within a few minutes’ walk

Explore the area around 4040 Spruce St

ACME Markets
4001 Walnut St
Makkah Market
4249 Walnut St
Supremo Shop N Bag
4301 Walnut St
Mini Market
4049 Market St
Grocery Outlet
4301 Chestnut St

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