Monthly rent

$1,500

Beds

Baths

Sqft

1,200

Monthly rent	$1,500
Beds	1
Baths	1
Sqft	1,200

Updated 23 Hours Ago

Location

506 S 5th St, Philadelphia, PA 19147, USA|Center City East

Tour 506 S 5th St

Contact

Sunny Sim

Berkshire Hathaway HomeServices Fox & Roach, Realtors

(215) 833-4787

About 506 S 5th St

Sweet deal!

This listing is 25% below the median price for 1 bedroom apartments in Center City East.

Property Status: Active Well-maintained apartment situated in a highly convenient location, close to everything. Move-in ready, this apartment won't last long. Office Phone: (215) 833-4787 Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Source: Berkshire Hathaway HomeServices Fox & Roach, Realtors|MLS Listing No. PAPH2648482

506 S 5th St is great for:

Eco living

You can get around by foot in this area
Public transit available nearby
154 parks within a mile

Social life

Areas nearby are accessible by walking
1173 restaurants within 1 mile of this property
202 theaters, music venues, or sports arenas nearby
The area has transit options

Neighborhood

Center City East

Zip code

19147

Type

Apartment for rent

Rent trends in Center City East

1-bedroom apartments at 506 S 5th St cost about 25% less than the average rent price for 1-bedroom apartments in Center City East.

Median rents as of Jul 25 2026.

Center City East

Philadelphia

A table of 1-bedroom apartment rental data trends in Philadelphia
Month	Median Rent
August 2024	$1,518
September 2024	$1,501
October 2024	$1,505
November 2024	$1,529
December 2024	$1,534
January 2025	$1,528
February 2025	$1,532
March 2025	$1,521
April 2025	$1,504
May 2025	$1,531
June 2025	$1,535
July 2025	$1,512
August 2025	$1,495
September 2025	$1,496
October 2025	$1,487
November 2025	$1,465
December 2025	$1,484
January 2026	$1,439
February 2026	$1,430
March 2026	$1,450
April 2026	$1,452
May 2026	$1,492
June 2026	$1,473
July 2026	$1,454

A table of 1-bedroom apartment rental data trends in Center City East
Month	Median Rent
August 2024	$1,916
September 2024	$1,844
October 2024	$1,794
November 2024	$1,818
December 2024	$1,881
January 2025	$1,880
February 2025	$1,891
March 2025	$1,900
April 2025	$1,888
May 2025	$1,976
June 2025	$1,958
July 2025	$1,954
August 2025	$1,984
September 2025	$2,169
October 2025	$2,050
November 2025	$2,054
December 2025	$1,982
January 2026	$1,862
February 2026	$1,856
March 2026	$1,885
April 2026	$1,932
May 2026	$1,961
June 2026	$1,987
July 2026	$2,008

Affordability calculator

Can I afford to live at 506 S 5th St?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$60,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $60,000 annually to afford this 1-bedroom monthly rent price of $1,500.

For more information on rent affordability, visit our rent calculator.

Schools near 506 S 5th St

Getting around Philadelphia near 506 S 5th St

Walking

10/10

No car? No problem. Everything you need is within a few blocks.

Driving

3/10

Roads are accessible, but parking may be a challenge.

Cycling

8/10

Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

10/10

Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 506 S 5th St, Philadelphia

Groceries

10/10

Exceptional variety of groceries within a few minutes' walk

Shopping

10/10

Exceptional variety of shops within a few minutes’ walk

Cafes

10/10

Exceptional variety of cafés within a few minutes’ walk

Restaurants

10/10

Exceptional variety of restaurants within a few minutes’ walk

Primary schools

10/10

At least one elementary school within a 5-minute walk

High schools

7/10

At least one high school within a 15-minute walk

Parks

9/10

Exceptionally large amount of park space within a few minutes’ walk

Nightlife

10/10

Exceptional variety of bars right within a few minutes’ walk

506 S 5th St506 S 5th St, Philadelphia, PA 19147, USA

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About 506 S 5th St

506 S 5th St is great for:

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Schools near 506 S 5th St

Gen. George A. McCall School

KIPP Cooper Norcross Academy

Mosaic Early Learning - KCNA Center

Acelero Learning - Marshall Street Center

Acelero Learning - Jefferson Center

Internet available near 506 S 5th St

Neighborhood

Getting around Philadelphia near 506 S 5th St

Walking

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Cycling

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Points of interest for 506 S 5th St, Philadelphia

Groceries

Shopping

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Restaurants

Primary schools

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Parks

Nightlife

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506 S 5th St
506 S 5th St, Philadelphia, PA 19147, USA