15 Hours Ago
Location
4938 Penn St, Philadelphia, PA 19124, USA|Frankford
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Property Overview
4938 receives a strong Zumper expert rating of 8.3 out of 10, with especially high marks for price, location, and amenities. It also offers solid value for money and has a top-rated high school nearby, making it notable for convenience and overall appeal.
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.
Things you’ll love
High school nearby- Less expensive
Great for
Eco living
Floor plans
| 2/1 | 2 bed | 1 bath | 680 sqft | $1,250 /mo |
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Policies and fees
Applicants
Application Fee
Per-applicant.
Contact Property
REQUIRED FEES
Admin Fee
One-time.
$65
Security Deposit
One-time. Refundable.
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Questions about this property’s policies and fees?
Building details
Property details
| Units | 3 |
|---|
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About 4938
Discover comfortable living at 4938, a charming multi-family residential property located at 4938 N Penn St, Philadelphia, PA. This smoke-free community offers convenient recycling amenities, promoting an eco-friendly lifestyle. Enjoy the benefits of a well-maintained residence in a vibrant neighborhood. Whether you're seeking a peaceful retreat or easy access to city life, 4938 provides a welcoming home environment. Experience the perfect blend of comfort and convenience in this desirable Philadelphia location.
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.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, 4938 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 4938 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
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.
4938 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·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, 4938 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.
4938 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 4938 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
4938 provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
4938 is great for:
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 4938 compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.1 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
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Rent trends in Frankford
2-bedroom apartments at 4938 cost about 7% less than the average rent price for 2-bedroom apartments in Frankford.
Median rents as of Jul 4 2026.
Frankford
Philadelphia
| Month | Median Rent |
|---|---|
| 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 |
| June 2026 | $1,196 |
| July 2026 | $1,195 |
| Month | Median Rent |
|---|---|
| July 2024 | $850 |
| August 2024 | $850 |
| September 2024 | $818 |
| October 2024 | $815 |
| November 2024 | $796 |
| December 2024 | $778 |
| January 2025 | $800 |
| February 2025 | $800 |
| March 2025 | $850 |
| April 2025 | $836 |
| May 2025 | $797 |
| June 2025 | $800 |
| July 2025 | $839 |
| November 2025 | $850 |
| December 2025 | $843 |
| January 2026 | $846 |
| February 2026 | $865 |
| March 2026 | $932 |
| April 2026 | $943 |
| May 2026 | $880 |
| June 2026 | $912 |
| July 2026 | $938 |
Affordability calculator
Can I afford to live at 4938 Penn St?
Bedrooms
2 bedroomsRent-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
$50,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $50,000 annually to afford this 2-bedrooms monthly rent price of $1,250.
For more information on rent affordability, visit our rent calculator.
Schools near 4938
Northeast Community Propel Academy
7500 rowland ave
philadelphia, PA, 19136
K-8Public
C
Acelero Learning - Plaza Allegheny
432 w allegheny ave
philadelphia, PA, 19133
PKPublic
Acelero Learning - Big Germantown
3149 germantown ave
philadelphia, PA, 19133
PKPublic
Riverton School
600 fifth st
riverton, NJ, 8077
PK, K-8Public
B+
Kenderton Elementary School
1500 w ontario st
philadelphia, PA, 19140
K-8Public
C-
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Internet available near 4938
Getting around Philadelphia near 4938 Penn St
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
4/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 4938 Penn St, Philadelphia
Groceries
9/10
Exceptional variety of groceries within a few minutes' walk
Shopping
8/10
Wide variety of shops within a few minutes' walk
Cafes
7/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide 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
7/10
Large amount of park space nearby
Nightlife
7/10
Wide variety of bars within a short drive, including some within walking distance
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