Climbing a spot this month, Philadelphia became the 15th most expensive rental market in the nation. The price of one bedroom units grew 4.5% to a median of $1,400, while two bedrooms jumped 4.7% to $1,570. Since this time last year, two bedroom prices are up over 12%.
At a median of $1,900 a month for one bedroom units, University City was the most expensive neighborhood to rent this fall. Close behind, Logan Square ($1,830), Center City West ($1,800), and Northern Liberties – Fishtown ($1,690) were the next priciest areas. Some mid-range priced rentals, for less than $1,100, could be found in Point Breeze, South Philadelphia West, and South Philadelphia East.
Rentals priced for less than $700 a month could be found in neighboring Camden, New Jersey and include Cooper Point, Central Waterfront, and Downtown Camden.
To see how Philly rents compare with the rest of the U.S’, check out our October National Rent Report, which analyzes over 1 million active listings available in the prior month.
To keep up to date with rent changes across the country, like or follow us on Facebook, Gazouillement, ou Pinterest. In the market for a new place? Search over 4,200 Appartements à Philadelphie on Zumper now.
Contenu associé
