Last month, Philadelphia was the 12th most expensive rental market in the country, with median rents increasing over the trailing quarter. One bedrooms have risen 1.5% to $1,350, while two bedrooms have further appreciated, up 3.6% to $1,450. The city’s median came ahead of Minneapolis ($1,320), Portland ($1,300), and Denver ($1,290) this March.
At a neighborhood level, the most expensive areas remained in the center of the city; Logan Square ($1,850), Center City West ($1,745), University City ($1,770), and Northern Liberties – Fishtown ($1,770) made the top, while more affordable areas were seen west of downtown, and across the river in Camden, with medians in the $600-$800 range for a one bedroom.
To see how Philly stacks up to the rest of the country, and view full rental data for the top 50 cities in the US, read our National Rent Report for March.
Keep up to date with average rent changes – like or follow Zumper on Facebook and Gazouillement. In the market for a new place? Search over 6,200 apartments for rent in Philadelphia.
Contenu associé
