Apartments for Rent in Center City West, Philadelphia, PA

Center City West, Philadelphia apartment availability

Center City West's rental market offers a strong selection of listings, with an average of 178 rentals available each month in 2024. The majority of rentals are 1-bedroom apartments, followed by studios and 2-bedroom apartments. Many of these apartments feature popular amenities such as hardwood floors, air conditioning, and access to a fitness center. In fact, over 65% of apartments have a fitness center, 75% have air conditioning, and 67% have hardwood floors. This neighborhood's diverse range of rentals and amenities make it an attractive option for renters looking for a convenient and comfortable living experience in Philadelphia.

Center City West, Philadelphia rental market trends

The Center City West rental market experienced a decline in average rent prices over the past year, with an 8% decrease to $2,103 per month. Breaking it down by bed count, 1-bedrooms averaged $2,073 per month, a relatively modest 1% decrease from the previous year. In contrast, 2-bedrooms and 3-bedrooms saw more significant declines, with average rents of $3,362 and $5,879, respectively, representing 9-10% decreases. Studio apartments experienced the largest decline, with a 17% drop to $1,496 per month.

The rental market in Center City West tends to fluctuate throughout the year, with February typically seeing the highest rent prices and November the lowest. In fact, rent prices in February are about 10% higher than in November. If you're looking for a new apartment, November may be a good time to find a deal, while February is likely to be more competitive. Keep in mind that these trends can help inform your apartment search and potentially lead to cost savings.

Why Center City West, Philadelphia is a great place to live

Center City West is a hub for renters prioritizing fitness and socializing. With an abundance of onsite gym equipment, fitness classes, and wellness programs, it's an ideal neighborhood for those committed to a healthy lifestyle. The area's numerous parks and recreation spaces also cater to fitness enthusiasts and provide ample opportunities for outdoor activities.

For those who value an active social life, Center City West delivers with its vibrant restaurant scene, reliable public transportation, and safe, well-maintained streets. The neighborhood's blend of urban amenities and green spaces creates a unique and desirable living environment. Whether you're a fitness enthusiast or a social butterfly, Center City West offers a lifestyle that's hard to match.