Rental Market Trends in Philadelphia

Are you planning a move to Philadelphia, and unclear about the average rental price in the city you're interested in? Don't worry, we'll provide you with the market trends of this city. We hope this information helps you find your home of choice!

Average Rent in Philadelphia

Last updated on July 2024

Avg.rent

$2,001 /mo

Avg.apart
ment size

790 Sq.Ft

Annual change

-8.0%

$-174

Philadelphia

17 apartments for rent

1. Average rent for different apartment types

As of July 2024, the average rent in Philadelphia was $2,001/month.

Apartment Type	Avg Rent	Average Sq.Ft	Annual Change
Studio	$1,465/month	436 Sq.Ft	-13.0%
1 Bedroom	$1,866/month	640 Sq.Ft	-5.1%
2 Bedrooms	$2,459/month	1,074 Sq.Ft	+0.5%
3 Bedrooms	$2,498/month	1,458 Sq.Ft	-1.6%

2. Market trends over time

In the past year, rent has reduced by 4.83%, which averages out to $104 less per month.

Median rents trends in Philadelphia

No Data

We are working hard to collect data as quickly as possible. Please stay tuned

Rent by Neighborhood

Last updated today

Neighborhood	Avg Rent	Average Sq.Ft	Annual Change
Temple University	$1,370/month	506 Sq.Ft	+6.7%

We ensure the accuracy and transparency of our data

Our relies on big data and artificial intelligence to summarize and summarize this rental data. We combine this data with public record to provide the most up-to-date rental information available.