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Renter Market Trends

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 February 2024
Avg.rent
$2,070 /mo
Avg.apart
ment size
791 Sq.Ft
Philadelphia
17 available apartments for rent
1. Average rent for different apartment types
As of February 2024, the average rent in Philadelphia was $2,070/month.
Apartment TypeAvg RentAverage Sq.FtAnnual Change
Studio
$1,565/month
439 Sq.Ft
+1.6%
1 Bedroom
$2,033/month
649 Sq.Ft
+4.5%
2 Bedrooms
$2,440/month
1,034 Sq.Ft
-1.1%
3 Bedrooms
$2,403/month
1,516 Sq.Ft
-5.2%
2. Market trends over time
In the past year, rent has reduced by 4.05%, which averages out to $87 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

NeighborhoodAvg RentAverage Sq.FtAnnual Change
Temple University
$1,459/month
518 Sq.Ft
+13.7%
University City
$1,194/month
496 Sq.Ft
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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.

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521 N 34th St

1 - 3Beds

1.5 - 3Baths

Walk To CampusACDishwasherGarbage Disposal

521 N 34th St, Philadelphia, PA 19104