Apartments for Rent in Grays Ferry, Philadelphia, PA

Grays Ferry, Philadelphia apartment availability

Grays Ferry's rental market offers a good selection of listings, with an average of 58 rentals available each month. The neighborhood's inventory is relatively balanced, with a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as a few studios. Many of these apartments offer desirable amenities, including in-unit laundry, hardwood floors, and air conditioning, which are available in 59%, 42%, and 51% of rentals, respectively. With its diverse range of apartments and amenities, Grays Ferry is a neighborhood worth considering for renters looking for a new place to call home.

Grays Ferry, Philadelphia rental market trends

The Grays Ferry neighborhood in Philadelphia saw a slight decline in rent prices over the past year, with the average monthly rent decreasing by about 2.9% to $1,700. Breaking it down by bed count, 1-bedrooms are averaging $1,200 per month, a 6% decrease from the previous year. The average rent for a 2-bedroom is around $1,746, while studios are averaging $2,549, with a negligible year-over-year change.

Rent prices in Grays Ferry tend to fluctuate throughout the year, with December typically seeing the highest rent prices, about 12.8% higher than September, the month with the lowest rent. If you're looking for a new apartment, September may be a good time to find a deal. On the other hand, if you're looking to rent out a property, December may be the best time to capitalize on higher demand. Keep in mind that these trends can help inform your decision, but it's always a good idea to stay up-to-date on current market conditions.

Why Grays Ferry, Philadelphia is a great place to live

Grays Ferry is a neighborhood that aligns with the values of environmentally conscious and socially active renters. Our analysis of local amenities and apartment features reveals a strong focus on sustainability, with many buildings incorporating eco-friendly elements such as non-toxic paint, rainwater harvesting, and sustainable materials in their construction. The area also promotes a reduced carbon footprint through its walkability, transit options, and waste recycling programs. For those who value social connections, Grays Ferry offers a vibrant community with a high walk score, frequent transit, and a sizable neighborhood population, making it easy to get around and engage with others. With its emphasis on both environmental sustainability and social life, Grays Ferry is an attractive option for renters seeking a like-minded community.