How much is the average rent in Philadelphia, PA for 1-bedroom and 2-bedroom apartments?

The average rent for a 1-bedroom apartment in Philadelphia, PA is approximately $1,557, while a 2-bedroom apartment averages around $1,806 as of 2025.

Are rents going up or down in Philadelphia, PA?

Rent prices in Philadelphia have generally decreased by about 1.4% overall. However, the cost of a 1-bedroom has increased by 1.3%, while 2-bedroom rents have decreased by 0.9%.

When is the best time to look for an apartment in Philadelphia, PA?

October is considered the least competitive month to find an apartment in Philadelphia, making it a potentially good time to secure a deal. In contrast, April is the most competitive month.

What are the best neighborhoods to rent an apartment in Philadelphia, PA?

Some of the best neighborhoods in Philadelphia for renters include Rittenhouse Square, Avenue of the Arts South, Logan Square, and Washington Square West, known for their vibrant social scenes and convenient amenities.

What areas of Philadelphia, PA are best for budget-conscious renters?

Budget-conscious renters might consider neighborhoods like Mayfair, Frankford, Logan Ogontz Fern Rock, and Southwest Cedar Park, where 1-bedroom rents are 31-40% lower than the city median.

Are there pet-friendly apartments in Philadelphia, PA?

Yes, Philadelphia has a significant number of pet-friendly apartments, with 41.46% of listings being pet-friendly.

Are utilities usually included in rent in Philadelphia, PA?

Utilities are included in about 10% of rental listings in Philadelphia.

Are most apartments in Philadelphia, PA largely older buildings or new developments?

Most apartments in Philadelphia are contemporary, with about 77% reflecting modern styles, while historical colonial-style homes make up around 10% of the properties.