Apartments for Rent in University City, Philadelphia, PA

University City, Philadelphia apartment availability

University City's rental market offers a strong selection of listings, with an average of 141 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 studios. Many of these rentals offer desirable amenities, including in-unit laundry, fitness centers, and on-site laundry facilities. Specifically, about 31% of rentals feature in-unit laundry, while 29% offer access to a fitness center and 47% have on-site laundry. This range of options and amenities makes University City an attractive choice for renters seeking convenience and flexibility.

University City, Philadelphia rental market trends

University City, Philadelphia's rental market saw a modest 3.1% increase in average monthly rent last year, reaching $2,324. The average rent for 1-bedrooms decreased by 5.5% to $2,051, while 2-bedrooms experienced a more significant drop of 20.9% to $2,066. In contrast, 3-bedrooms saw an 11.9% increase to $3,407. Studio apartments averaged $932, a 17.5% decrease from the previous year.

The summer months tend to see higher demand and prices in University City, with July typically having the highest rent, 12.1% higher than January. If you're searching for a new apartment, be prepared for more competition during the summer. On the other hand, January may be a good time to find a more affordable option, with prices about 12% lower than in July. Keep in mind that the rental market can fluctuate, and it's essential to stay informed to find the best fit for your needs and budget.

Why University City, Philadelphia is a great place to live

University City is a hub for renters who prioritize social life and environmental sustainability.

The neighborhood's focus on eco-friendliness is evident in its use of non-toxic paint, waste recycling and composting programs, and rainwater harvesting systems. Many buildings also incorporate sustainable materials in their construction and participate in community solar projects. With an excellent walk score and access to parks and recreation areas, University City makes it easy to live a green lifestyle.

The area is also perfect for those who crave an active social life, thanks to its high walk score, frequent public transportation, and dense neighborhood population. Additionally, the area prioritizes safety and has well-maintained street infrastructure, making it an ideal spot for renters who value community and convenience. If you're looking for a neighborhood that aligns with your values and lifestyle, University City is definitely worth considering.