Apartments for Rent in Cedar Park, Philadelphia, PA

Cedar Park, Philadelphia apartment availability

Cedar Park's rental market offers a good selection of listings, with an average of about 50 rentals available each month. The neighborhood's inventory is diverse, featuring a mix of 1-bedroom, 2-bedroom, and studio apartments, as well as some 3-bedroom options. Many of these apartments offer desirable amenities, including hardwood floors, which are found in over 58% of listings. Additionally, pet owners will appreciate that over 43% of apartments in Cedar Park allow small pets. With its varied housing stock and pet-friendly options, Cedar Park is a neighborhood worth considering for renters.

Cedar Park, Philadelphia rental market trends

Cedar Park's rental market saw a modest increase of 3.6% last year, with the average monthly rent reaching $1,347. Breaking it down by bedroom count, 1-bedrooms averaged $1,208 per month, a 4.6% increase from the previous year. The average rent for 2-bedrooms was $1,657, while studios came in at $1,058. Notably, 3-bedrooms experienced a significant 20.5% year-over-year increase, averaging $2,190 per month.

The rental market in Cedar Park tends to fluctuate throughout the year. November typically sees the highest rents, with a 28.3% increase compared to February, the month with the lowest rents. If you're looking for a new apartment, February might be a good time to find a deal. On the other hand, if you're looking to rent out a property, November's higher demand may be in your favor. Understanding these seasonal trends can help you navigate Cedar Park's rental market and make informed decisions.

Why Cedar Park, Philadelphia is a great place to live

Cedar Park stands out as a top choice for renters prioritizing environmental sustainability and social living. According to 2024 data, the neighborhood's focus on eco-friendly features, such as non-toxic paint, rainwater harvesting, and community solar projects, make it an ideal spot for those seeking a green lifestyle. Additionally, its high walk score, parks, and recreation areas further contribute to its environmental appeal. Cedar Park's social scene is also thriving, thanks to its dense neighborhood population, frequent transit options, and safe streets. With its unique blend of sustainability and community, Cedar Park is an attractive option for renters seeking a like-minded community.