Last updated on September 17, 2026

Average rent in
University of Pennsylvania, PA

Median rent

Median rent in Philadelphia

$1,850/mo

increased by19%

vs previous year

The average rent in Philadelphia is $1,850 per month as of September 2026. This is 3% below the national average rent, or $50 less per month.

$1.91

average price per square foot

Total rentals

Available rentals in Philadelphia

423

for rent on Zumper.com as of September 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 University of Pennsylvania, PA

Average rent prices in Philadelphia have increased by 19% 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 University of Pennsylvania, PA

Rent prices in Philadelphia vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Philadelphia is $1,704, whereas a house costs $2,850. 1-bedroom apartments in Philadelphia run $1,395 on average, while 2-bedroom apartments are $1,925.

Listings

Studio

$1,100

-

13%

1 bedroom

$1,475

-

40%

2 bedroom

$1,990

-

1%

3 bedroom

$2,097

-

6%

4 bedroom

$3,500

-

16%

Studio

Average rent

$1,100

Last year

13%

1 bedroom

Average rent

$1,475

Last year

40%

2 bedroom

Average rent

$1,990

Last year

1%

3 bedroom

Average rent

$2,097

Last year

6%

4 bedroom

Average rent

$3,500

Last year

16%

The table above reflects average rent prices in University of Pennsylvania, 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 University of Pennsylvania, PA

4304 Wallace - Photo 1 of 1

4d ago

7.1

Very good

4304 Wallace

4304 Wallace St, Philadelphia, PA 19104

1 bed

0 baths

$550

342 N 42nd St - Photo 1 of 1

1d ago

7.1

Very good

342 N 42nd St

342 N 42nd St, Philadelphia, PA 19104

1 bed

0 baths

$575–$600

420 N 40th st - Photo 1 of 1

2d ago

6.5

Good

420 N 40th st

420 N 40th St, Philadelphia, PA 19104

4 beds

2 baths

$600

425 N Preston St - Photo 1 of 1

2h ago

7.8

Very good

425 N Preston St

425 N Preston St, Philadelphia, PA 19104

1–2 beds

0–1 bath

$650–$1,300

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 University of Pennsylvania, PA

Quick answers to common questions about the Philadelphia rental market.

How much is rent in Philadelphia?

The average rent in Philadelphia is $1,850 per month as of September 12, 2026.

Is rent up or down in Philadelphia?

Average rent prices in Philadelphia have increased by 19% since last year.

How does Philadelphia rent compare to the national average?

Rent in Philadelphia is 3% below the national average, which means renters are paying approximately $50 less per month.

What salary do I need to afford rent in Philadelphia?

To comfortably afford rent in Philadelphia, you'd need to earn approximately $74,000/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).

Hampton Square