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Highlights

  • Prime location
  • Vibrant neighborhood
  • Off-street parking available
  • Laundry facilities in building
  • Professionals

Location

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

Management

La Gioconda Inc

Leasing office

(844) 913-7494 ext. 7564

Property Overview

4040 Spruce St. offers strong overall value with an 8.8/10 expert rating, highlighted by an exceptional 10/10 price rating and 9/10 scores for both amenities and location. Residents benefit from a prime, vibrant neighborhood with convenient access to a highly rated nearby elementary school, off-street parking, in-building laundry, and a setting well-suited to professionals. With solid quality and trustworthiness ratings plus 50 detailed photos, it provides a clear, appealing option for renters seeking good balance between cost, comfort, and convenience.

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

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 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
  • Dishwasher
  • Images Available

Floor plans

4040 Spruce St. - 5Studio1 bath400 sqft$1,100 /moWelcome to 4040 Spruce St. - 5, a beautifully maintained Studio, 1 bathroom apartment located in the vibrant neighborhood of Center City Philadelphia. This stylish unit offers approximately 400 square feet of living space, perfect for singles or professionals looking for a convenient and comfortable place to call home. Unit Features: Studio 1 bathroom Approximately 400 square feet of living space Prime location in Philadelphia NOTE:- Furniture is for staging purposes only and is not included in the rental. The unit's stylish layout is showcased to give you an idea of the space's potential. Make it your own and create the home you've always wanted! Don't miss out on this opportunity! Contact us today to schedule a viewing and make this unit your home.
4040 Spruce St. - 3Studio1 bath400 sqft$1,200 /moWelcome to 4040 Spruce St. - 3, a beautifully maintained Studio, 1 bathroom apartment located in the vibrant neighborhood of Center City Philadelphia. This stylish unit offers approximately 400 square feet of living space, perfect for singles, couples, or professionals looking for a convenient and comfortable place to call home. Unit Features: 1 bathroom Approximately 400 square feet of living space Prime location in Philadelphia NOTE:- Furniture is for staging purposes only and is not included in the rental. The unit's stylish layout is showcased to give you an idea of the space's potential. Make it your own and create the home you've always wanted! Don't miss out on this opportunity! Contact us today to schedule a viewing and make this unit your home.
4040 Spruce St. - 22 bed1 bath720 sqft$1,500 /moCharming 2 Bedroom Apartment in Convenient Location! Welcome to 4040 Spruce St #2, a beautifully maintained 2 bedroom, 1 bathroom apartment located in a desirable neighborhood. This spacious unit offers approximately 720 square feet of living space, perfect for couples, roommates, or small families. Unit Features: 2 spacious bedrooms 1 bathroom Approximately 720 square feet of living space Laundry facilities in building Off-street parking available Enjoy the convenience of being close to everything, with easy access to local amenities and public transportation. NOTE:- Furniture is for staging purposes only and is not included in the rental. The unit's stylish layout is showcased to give you an idea of the space's potential. Make it your own and create the home you've always wanted!

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Amenities for 4040 Spruce St.

Apartment Amenities

Hot Water
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

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time.

Contact Property

Questions about this property’s policies and fees?

Building details

Property details

Units3
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About 4040 Spruce St.

HomeApartments in PhiladelphiaSpruce Hill 4040 Spruce St.

Charming 2 Bedroom Apartment in Convenient Location! Welcome to 4040 Spruce St #2, a beautifully maintained 2 bedroom, 1 bathroom apartment located in a desirable neighborhood. This spacious unit offers approximately 720 square feet of living space, perfect for couples, roommates, or small families. Unit Features: 2 spacious bedrooms 1 bathroom Approximately 720 square feet of living space Laundry facilities in building Off-street parking available Enjoy the convenience of being close to everything, with easy access to local amenities and public transportation. NOTE:- Furniture is for staging purposes only and is not included in the rental. The unit's stylish layout is showcased to give you an idea of the space's potential. Make it your own and create the home you've always wanted!


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.
8.8
/10
Very Good
With a solid 8.8 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·10A 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. offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A 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.
4040 Spruce St. goes above and beyond to provide sought-after conveniences and desirable perks, including hot water. Renters looking for popular or luxurious features will find them here—and for that reason, 4040 Spruce St. receives one of the highest amenities scores.
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·7A 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 it may not have as many distinctive features as similar properties in the surrounding area, renters can trust 4040 Spruce St. to provide reasonable accomodations and accurate details about its community.
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.

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
Dishwasher
Dishwasher available in kitchen
Images Available
There are at least 10 photos of this address
Walk-in closet
More closet space on average

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

Studio apartments at 4040 Spruce St. cost about 10% more than the average rent price for studios in Spruce Hill.

If you decide to upgrade your space, you can expect 2-bedrooms at 4040 Spruce St. to be 15% less than the average for similarly sized apartments in Spruce Hill.

Median rents as of May 9 2026.
Spruce Hill
Philadelphia
A table of studio rental data trends in Philadelphia
MonthMedian 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
A table of studio rental data trends in Spruce Hill
MonthMedian Rent
May 2024$1,025
June 2024$1,009
July 2024$1,021
August 2024$1,014
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$1,040

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

$46,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $46,000 annually to afford this studio median monthly rent price of $1,150.
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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Internet available near 4040 Spruce St.

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

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