Apartments for Rent in Avenue of the Arts South, Philadelphia, PA

Avenue of the Arts South, Philadelphia apartment availability

Avenue of the Arts South offers a strong selection of rental listings, with an average of 178 rentals available each month in 2024. The majority of these listings are 1-bedroom apartments, followed by studios, 2-bedroom, and 3-bedroom apartments. Many of these rentals feature popular amenities such as fitness centers, air conditioning, and hardwood floors, which are available in over 69% of the apartments. With its diverse range of rentals and desirable amenities, Avenue of the Arts South is a great option for renters looking for a vibrant and convenient place to live in Philadelphia.

Avenue of the Arts South, Philadelphia rental market trends

The Avenue of the Arts South neighborhood in Philadelphia saw a significant decrease in rent prices over the past year, with an average monthly rent of $2,182, reflecting an 11% drop. The average rent for a 1-bedroom apartment is around $1,901, a 7% decrease from the previous year. In contrast, 2-bedroom apartments have remained relatively stable, with an average rent of $3,575, while 3-bedroom apartments have seen a 4% increase to $6,800. Studio apartments have experienced the most substantial decrease, with an average rent of $1,164, a 31% drop.

Rent prices in Avenue of the Arts South tend to fluctuate throughout the year, with January typically seeing the highest rent prices, 44% higher than October, the month with the lowest rent. This suggests that renters may find better deals during the fall season. However, it's essential to consider the overall demand and available inventory when searching for an apartment in this neighborhood.

Why Avenue of the Arts South, Philadelphia is a great place to live

Avenue of the Arts South is a top choice for renters prioritizing fitness and social living. According to 2024 data, apartments in this neighborhood often feature onsite gym equipment, natural lighting, and access to parks and recreation, making it an ideal spot for those committed to wellness. Additionally, the area's street infrastructure, restaurant scene, and frequent transit options contribute to its vibrant social atmosphere. With a strong focus on safety and community events, Avenue of the Arts South offers a well-rounded lifestyle for those seeking a balance of physical activity and social connection.