Apartments for Rent in Carroll Park, Philadelphia, PA

Carroll Park, Philadelphia apartment availability

Carroll Park's rental market offers a good selection of listings, with an average of about 52 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 desirable amenities, including air conditioning and pet-friendly policies, with about 27% of rentals allowing small pets. Overall, Carroll Park's diverse range of rentals and amenities make it a viable option for renters looking for a new place to call home in Philadelphia.

Carroll Park, Philadelphia rental market trends

Carroll Park's rental market has experienced a notable shift in 2024, with the average monthly rent across all property types decreasing by 8.6% year-over-year to approximately $1,158. This decline is largely driven by decreases in 2-bedroom and studio rents, which fell by 5% and 5.7%, respectively. In contrast, 3-bedroom units saw a significant 12.3% increase, now averaging $1,658 per month.

The most expensive time to rent in Carroll Park is July, with prices peaking at 14.1% higher than the lowest month, December. Prospective renters looking for a more affordable option may find December to be the best time to search, as the rental market tends to be less competitive during this period. With a range of options available, renters can potentially find a better deal by exploring the market during the off-season.

Why Carroll Park, Philadelphia is a great place to live

Carroll Park stands out as a top choice for renters prioritizing social life and environmental sustainability.

The neighborhood's high transit score, frequent transit options, well-maintained street infrastructure, and excellent walk score make it easy to get around without a car, while its strong safety record provides peace of mind. These factors combined create an ideal setting for those who value an active social life.

For the eco-conscious, Carroll Park's focus on sustainability is evident in its use of non-toxic paint, rainwater harvesting, and recycling programs. The neighborhood's numerous parks and recreation areas, community solar projects, and emphasis on sustainable materials in construction also contribute to its green credentials. Low-flow fixtures are another feature that sets Carroll Park apart as a hub for environmentally friendly living. If you're looking for a neighborhood that aligns with your values, Carroll Park is worth considering.