Apartments for Rent in Eastwick - Southwest Philadelphia, Philadelphia, PA

Eastwick - Southwest Philadelphia, Philadelphia apartment availability

Eastwick - Southwest Philadelphia's rental market offers a good selection of listings, with an average of 23 rentals available each month. The neighborhood's inventory is diverse, featuring a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as studios. Many of these apartments offer desirable amenities, including in-unit laundry, which is available in approximately 37% of listings. Additionally, about 34% of apartments in Eastwick - Southwest Philadelphia are pet-friendly, making it a suitable option for renters with pets.

Eastwick - Southwest Philadelphia, Philadelphia rental market trends

The Eastwick - Southwest Philadelphia rental market experienced a significant increase in 2024, with average monthly rents rising by 7.9% to $1,380. This growth is largely driven by the surge in 1-bedroom rentals, which saw a 16.1% year-over-year increase to $1,010. In contrast, studio rentals decreased by 18.9% to $1,665. The average rent for 2-bedrooms and 3-bedrooms increased by 1% and 4%, respectively, to $1,256 and $1,430.

The rental market in Eastwick - Southwest Philadelphia tends to peak in April, with rents increasing by 11.3% compared to February, the month with the lowest average rent. If you're looking for a new apartment, be prepared for more competition during the spring months. Conversely, if you're flexible with your move-in date, consider searching during the winter months when prices are lower and the market is less competitive. Keep in mind that February may offer the best deals, but the selection might be limited.

Why Eastwick - Southwest Philadelphia, Philadelphia is a great place to live

Eastwick - Southwest Philadelphia stands out as a hub for environmentally conscious renters and those seeking an active social life. The neighborhood's focus on sustainability is reflected in its use of non-toxic paint, sustainable materials in construction, and innovative features like rainwater harvesting and recycling. Community solar projects and low-flow fixtures further contribute to its eco-friendly reputation. With an excellent transit score, walk score, and well-designed street infrastructure, getting around is convenient and safe. This blend of environmental responsibility and social connectivity makes Eastwick - Southwest Philadelphia an attractive choice for renters prioritizing both their lifestyle and the planet's well-being.