Apartments for Rent in Powelton Village, Philadelphia, PA

Powelton Village, Philadelphia apartment availability

Powelton Village offers a strong selection of rental listings, with an average of nearly 100 rentals available each month. The neighborhood's rental market is comprised of a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as studios. Many of these apartments feature desirable amenities, including air conditioning, which is available in about 48% of rentals. Additionally, about 38% of apartments are pet-friendly, and 40% offer the convenience of in-unit laundry. With its diverse range of rentals and amenities, Powelton Village is a great option for renters looking for a convenient and comfortable place to call home.

Powelton Village, Philadelphia rental market trends

The Powelton Village rental market experienced a modest year-over-year increase of 0.2% in 2024, with an average monthly rent of $1,697 across all bed types and properties. Breaking it down by bed count, 1-bedrooms averaged $1,296 per month, a 6.9% increase from the previous year, while 2-bedrooms rented for approximately $1,709, a 0.3% increase. Studios saw a 6.6% increase, with an average rent of $1,036.

The summer months tend to see the highest demand and prices in Powelton Village, with July typically being the most expensive month. Rents in July are about 22% higher compared to October, the month with the lowest average rent. If you're looking for a new apartment, be prepared for more competition during the summer. On the other hand, if you're flexible with your move-in date, October may be a good time to find a more affordable option. Keep in mind that the rental market can fluctuate, but overall, Powelton Village remains a relatively stable and affordable neighborhood in Philadelphia.

Why Powelton Village, Philadelphia is a great place to live

We've analyzed data from recent years to understand what makes Powelton Village an attractive neighborhood for renters. It's clear that this area excels in two key areas: environmental sustainability and social life.

For those prioritizing eco-friendliness, Powelton Village stands out due to its emphasis on sustainable living. From the use of non-toxic paint and sustainable materials in construction to waste recycling and composting programs, the neighborhood offers a range of environmentally conscious features. Additionally, its high walk score, parks, and community solar projects make it an ideal choice for renters seeking a greener lifestyle.

The neighborhood also thrives in terms of social life, thanks to its excellent transit options, vibrant neighborhood population, well-maintained street infrastructure, and strong safety record. With its unique blend of sustainability and community-focused atmosphere, Powelton Village is an excellent option for renters seeking a dynamic and eco-friendly place to call home.