Apartments for Rent in Frankford, Philadelphia, PA

Frankford, Philadelphia apartment availability

Frankford's rental market offers a good selection of listings, with an average of about 95 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 cater to pet owners, with over 37% allowing small pets or having pet-friendly policies with restrictions. This makes Frankford a great option for renters with furry friends. With a range of options to choose from, Frankford is worth considering for those looking for a new place to call home in Philadelphia.

Frankford, Philadelphia rental market trends

Frankford's rental market saw a significant increase of 16.5% last year, with the average monthly rent reaching $1,143. 1-bedrooms averaged $1,039 per month, a 20.1% increase from the previous year, while 2-bedrooms rented for $1,279 on average, a 13.8% increase. Studios saw an 18.9% increase, with an average rent of $880.

The rental market in Frankford tends to peak in the fall, with October typically seeing the highest rent prices, 11.8% higher than February, the month with the lowest rent. This trend suggests that renters may face more competition and higher prices during the fall season. Conversely, those searching for a new apartment in the winter may find relatively lower prices, making February a potentially good time to find a new place.

Why Frankford, Philadelphia is a great place to live

Frankford is a neighborhood that seamlessly aligns with the lifestyles and interests of its residents. Our analysis of local data reveals that this area excels in supporting social life and environmental sustainability.

The neighborhood's high transit score, substantial population, safety, frequent transit options, well-maintained street infrastructure, and excellent walk score all contribute to a vibrant social scene. Residents can easily connect with one another and explore local attractions without hassle.

Frankford also stands out for its commitment to environmental sustainability. The use of non-toxic paint, sustainable materials in construction, numerous parks, and recycling programs, including waste and rainwater harvesting, demonstrate a strong focus on eco-friendliness. Additionally, community solar projects and low-flow fixtures further enhance the area's green credentials. For those prioritizing both an active social life and a reduced environmental footprint, Frankford is an ideal choice.