Apartments for Rent in South Philadelphia West, Philadelphia, PA

South Philadelphia West, Philadelphia apartment availability

South Philadelphia West's rental market offers a strong selection of listings, with an average of 152 rentals available each month in 2024. The neighborhood's inventory is diverse, featuring a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as a smaller number of studios. Many of these apartments offer desirable amenities, including air conditioning, hardwood floors, and in-unit laundry, which are available in approximately 47%, 35%, and 49% of rentals, respectively. With its varied housing stock and range of amenities, South Philadelphia West is a neighborhood worth considering for renters seeking a comfortable and convenient place to call home.

South Philadelphia West, Philadelphia rental market trends

The South Philadelphia West rental market experienced a modest 2.36% year-over-year increase in 2024, with average monthly rents reaching $1,666. Breaking it down by bed count, 1-bedrooms averaged $1,267 per month, a 0.71% increase from the previous year. Meanwhile, 2-bedrooms saw a slight decrease of 0.29% to $1,746, and 3-bedrooms rose by 3.36% to $1,827. Studios, however, experienced a significant 13.65% drop to $1,033.

The market tends to fluctuate throughout the year, with February typically seeing the highest rents and May the lowest. In fact, rents in February are about 21% higher than in May. If you're looking for a new apartment, consider searching during the spring, when prices tend to be lower. Conversely, if you're a landlord, February might be the best time to list your property. Keep in mind that these trends can impact the competitiveness of the market, so it's essential to plan accordingly.

Why South Philadelphia West, Philadelphia is a great place to live

We've analyzed data from the last few years to understand what makes South Philadelphia West an attractive neighborhood for renters. It appears that this area excels in catering to pet owners and those seeking an active social life.

For pet enthusiasts, South Philadelphia West offers a range of amenities, including pet waste facilities, spacious accommodations for pets, pet-safe windows, outdoor spaces, pet grooming services, and nearby dog parks. These features make it an ideal location for pet owners who prioritize their furry friends' comfort and well-being.

The neighborhood also shines when it comes to social life, thanks to its excellent transit frequency, a diverse age distribution, well-maintained street infrastructure, high walk score, and emphasis on safety. These factors combine to create a vibrant community that's perfect for renters who value connection and convenience. If you're looking for a neighborhood that balances pet friendliness with social opportunities, South Philadelphia West is worth exploring.