Apartments for Rent in Fairmount Park, Philadelphia, PA

Fairmount Park, Philadelphia apartment availability

Fairmount Park's rental market offers a good selection of listings, with an average of 28 rentals available each month. The majority of these listings are 2-bedroom apartments, followed by 1-bedroom and 3-bedroom options. Many of these apartments feature desirable amenities, including hardwood floors, in-unit laundry, and dishwashers, which are available in over half of the listings. This blend of amenities and apartment sizes makes Fairmount Park a versatile neighborhood for renters with varying needs and preferences.

Fairmount Park, Philadelphia rental market trends

Fairmount Park's rental market in Philadelphia has seen significant fluctuations in 2024. The average monthly rent across all property types rose 15.7% from the previous year to approximately $1,763. However, this growth is not uniform across all bed types. 1-bedrooms experienced a 7.7% decrease, averaging $1,639 per month, while 2-bedrooms saw a 20.3% increase to $1,698. The most notable surge was in 3-bedrooms, with a 93.8% jump to $3,996 per month. Studios, on the other hand, witnessed a 1.2% decline to $2,010.

Renters should be aware that June is the most expensive month, with rents 24.8% higher than in January, the least expensive month. This trend suggests that budget-conscious renters may find better deals during the winter months. Overall, Fairmount Park's rental market is experiencing varied growth patterns, and renters should carefully consider their options based on their specific needs and budget.

Why Fairmount Park, Philadelphia is a great place to live

Fairmount Park is a haven for renters who prioritize pet friendliness and a vibrant social life. With an abundance of outdoor spaces, pet hospitals, and dog parks, pet owners can rest assured that their furry friends are well taken care of. The neighborhood's pet-friendly features, including pet waste stations, pet-safe windows, and no breed restrictions, make it an ideal location for pet enthusiasts.

Fairmount Park also caters to those seeking an active social life, thanks to its high walk score, frequent transit options, and well-maintained street infrastructure, which ensure seamless connectivity to nearby attractions. Additionally, the neighborhood's safety record and robust population contribute to its appeal as a hub for social activity. Whether you're a pet owner or a social butterfly, Fairmount Park offers a unique blend of amenities that cater to your lifestyle.