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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 June 2024
Avg.rent
$2,060 /mo
Avg.apart
ment size
753 Sq.Ft
Annual change
-6.1%
$-132
Philadelphia
17 apartments for rent
1. Average rent for different apartment types
As of June 2024, the average rent in Philadelphia was $2,060/month.
Apartment TypeAvg RentAverage Sq.FtAnnual Change
Studio
$1,520/month
441 Sq.Ft
-6.9%
1 Bedroom
$1,995/month
638 Sq.Ft
-0.8%
2 Bedrooms
$2,573/month
1,044 Sq.Ft
+0.9%
3 Bedrooms
$2,516/month
1,454 Sq.Ft
+0.8%
2. Market trends over time
In the past year, rent has reduced by 4.44%, which averages out to $96 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
$1,324/month
657 Sq.Ft
+8.5%

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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Building
Building
Building
Building
Building
$899+/mo
44 N 40th St

2 - 3 Beds

2 - 3 Baths

Walk To CampusACBathtubControlled Access

44 N 40th St, Philadelphia, PA 19104