Apartments for Rent in Belmont, Philadelphia, PA

Belmont, Philadelphia apartment availability

Belmont's rental market offers a good selection of listings, with an average of around 92 rentals available each month. The neighborhood's inventory is relatively balanced, with a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as a smaller number of studios. Many of these apartments offer convenient amenities, including in-unit laundry, dishwashers, and air conditioning. With about half of the apartments featuring these amenities, renters can find comfortable and practical living spaces in Belmont. The neighborhood's varied housing stock and amenities make it a viable option for renters with different needs and priorities.

Belmont, Philadelphia rental market trends

The Belmont neighborhood in Philadelphia saw a modest increase in rent prices last year, with an average monthly rent of $1,560 across all bed counts and property types, representing a 2.7% year-over-year increase. Breaking it down by bed count, 1-bedrooms averaged $1,371 per month, with a notable 9.7% annual increase. The average rent for 2-bedrooms was $1,531, while studios came in at $1,154.

In terms of seasonality, October tends to be the most expensive month to rent in Belmont, with prices 6.8% higher compared to September, the month with the lowest average rent. If you're looking for a new apartment, September may be a good time to find a deal. Keep in mind that the rental market in Belmont can be competitive, especially during the fall season. If you're flexible with your move-in date, considering the off-season may give you an edge in finding the right place at a better price.

Why Belmont, Philadelphia is a great place to live

We've analyzed data from the last few years to understand what makes Belmont an attractive neighborhood for renters. Our findings suggest that Belmont is an excellent choice for those prioritizing environmental sustainability and a vibrant social life.

With a strong focus on eco-friendly living, Belmont offers numerous features that support a sustainable lifestyle, including the use of non-toxic paint, waste recycling and composting programs, and rainwater harvesting systems. The neighborhood's walk score, parks, and recreation areas also contribute to a reduced carbon footprint. Additionally, community solar projects and sustainable materials used in construction further enhance the area's environmental credentials.

Belmont's social scene is also thriving, thanks to its dense neighborhood population, frequent transit options, well-designed street infrastructure, and high walk score. With a strong emphasis on safety, renters can feel comfortable exploring the area and connecting with the community.