Last updated on June 23, 2026

Average rent in
Thompson Institute, PA

Median rent

Median rent in Philadelphia

$2,242/mo

increased by12%

vs previous year

The average rent in Philadelphia is $2,242 per month as of June 2026. This is 15% above the national average rent, or $292 more per month.

$2.44

average price per square foot

Total rentals

Available rentals in Philadelphia

623

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Philadelphia rentals at each price point

35%26%18%9%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Thompson Institute, PA

Average rent prices in Philadelphia have increased by 12% since last year. At this time, we don't have enough information to generate yearly trends. Please see below for more rent price details.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Thompson Institute, PA

Rent prices in Philadelphia vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Philadelphia is $2,100, whereas a house costs $2,685. 1-bedroom apartments in Philadelphia run $2,005 on average, while 2-bedroom apartments are $2,245.

Listings

Studio

$1,395

-

22%

1 bedroom

$2,215

-

14%

2 bedroom

$2,316

-

1%

3 bedroom

$2,350

-

3%

4 bedroom

$3,800

-

19%

Studio

Average rent

$1,395

Last year

22%

1 bedroom

Average rent

$2,215

Last year

14%

2 bedroom

Average rent

$2,316

Last year

1%

3 bedroom

Average rent

$2,350

Last year

3%

4 bedroom

Average rent

$3,800

Last year

19%

The table above reflects average rent prices in Thompson Institute, PA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Discover rentals in Thompson Institute, PA

3223 Wallace st - Photo 1 of 1

5d+ ago

7.1

Very good

3223 Wallace st

3223 Wallace St, Philadelphia, PA 19104

1 bed

0 baths

$525

Apartment for rent

3804 Spring Garden - Photo 1 of 1

13h ago

7.7

Very good

3804 Spring Garden

3804 Spring Garden St, Philadelphia, PA 19104

1 bed

0 baths

$575

Apartment for rent

678 N 33rd st New - Photo 1 of 1

9h ago

7.1

Very good

678 N 33rd st New

678 N 33rd St, Philadelphia, PA 19104

1 bed

0 baths

$600

Apartment for rent

530 N 36th st - Photo 1 of 1

4d ago

7.7

Very good

530 N 36th st

530 N 36th St, Philadelphia, PA 19104

1 bed

1 bath

$800

Apartment for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Thompson Institute, PA

Quick answers to common questions about the Philadelphia rental market.

How much is rent in Philadelphia?

The average rent in Philadelphia is $2,242 per month as of June 20, 2026.

Is rent up or down in Philadelphia?

Average rent prices in Philadelphia have increased by 12% since last year.

How does Philadelphia rent compare to the national average?

Rent in Philadelphia is 15% above the national average, which means renters are paying approximately $292 more per month.

What salary do I need to afford rent in Philadelphia?

To comfortably afford rent in Philadelphia, you'd need to earn approximately $90,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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