Average Rent in 19121, Philadelphia, PA

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Current Versus Historical 19121, Philadelphia, PA Rents

19121 rentals average $1,230 for a studio rental to $2,200 for a 4-bedroom rental. The median price of all currently available listings is $1,750, or roughly $1 per square feet.

For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $79 (8.17%) year-over-year from $971 to $1,050. 1-bedroom rentals prices have increased by $199 (18.17%) year-over-year from $1,096 to $1,295. 2-bedroom rentals prices have increased by $70 (4.90%) year-over-year from $1,430 to $1,500. 3-bedroom rentals prices have increased by $27 (1.55%) year-over-year from $1,723 to $1,750. 4-bedroom rentals prices have decreased by $175 (-7.53%) year-over-year from $2,325 to $2,150. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 8.66% this month. 1-bedroom rents have gone up by 8.07% this month. 2-bedroom rents have gone up by 7.91% this month. 3-bedroom rents have gone up by 2.94% this month. 4-bedroom rents have gone up by 0.39% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.93	$1,050	$971 (8.17%)	$1,178 (-10.85%)
1 BR	$2.24	$1,295	$1,096 (18.17%)	$1,078 (20.09%)
2 BR	$1.04	$1,500	$1,430 (4.90%)	$1,392 (7.78%)
3 BR	$1.26	$1,750	$1,723 (1.55%)	$1,783 (-1.87%)
4+ BR	$1.37	$2,150	$2,325 (-7.53%)	$2,220 (-3.15%)

Historical Rents in 19121, Philadelphia, PA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 19121

There are a total of 5 cities nearby 19121. The average rent in 19121 is currently $2,225 per month. Only one city nearby has an average rent lower than that. Our records show that Wilmington, DE, with an average rent of $1,600, is the most affordable city nearby. In contrast, the most expensive city near 19121, Philadelphia, PA is Glassboro, NJ. Monthly rents here are on average $2,900 per month.

Let's compare 19121, Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 19121, Philadelphia, PA is 10.16% more affordable than other cities nearby. One bedrooms are about 18.60% more affordable. Two bedrooms in 19121, Philadelphia, PA are about 15.31% more affordable. Finally, rent for three bedrooms are about 40.30% more affordable. Want more information? Check out the top 5 cities near 19121, Philadelphia, PA in the following chart.

City	Studio	1 Bed	2 Bed	All
Wilmington, DE	$1,045	$1,600	$1,845	$1,600
Philadelphia, PA	$1,355	$1,690	$1,834	$1,800
Lansdale, PA	$2,358	$2,207	$2,952	$2,225
King of Prussia, PA	$1,683	$2,054	$2,571	$2,330
Glassboro, NJ	N/A	N/A	$1,550	$2,900

Top Neighborhoods Near 19121

There are a total of 29 neighborhoods in or near 19121. Some of these neighborhoods include Haddington, Cobbs Creek, and Germantown. We've included all of these top 29 neighborhoods in or near 19121, Philadelphia, PA in the following chart.

The average rent for these 29 neighborhoods in or near 19121, Philadelphia, PA is currently around $1,850 per month. A total of 10 neighborhoods have a lower average rent. Meaning, only nineteen neighborhoods have a higher average rent than $1,850. Interestingly, the neighborhoods' average rent is higher than 19121's average rent, which is only $1,750. Out of all the neighborhoods in or near 19121, Haddington has the most affordable average rent at $1,300 per month. Whereas, at $3,001 average rent per month, University City is the most expensive neighborhood in or near 19121. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Haddington, Philadelphia, PA	$1,050	$1,175	$1,275	$1,300
Cobbs Creek, Philadelphia, PA	N/A	$1,000	$1,350	$1,325
Germantown, Philadelphia, PA	$900	$1,291	$1,850	$1,425
Kingsessing, Philadelphia, PA	$1,038	$1,250	$1,550	$1,500
Port Richmond, Philadelphia, PA	$1,500	$1,195	$1,450	$1,500
South Philadelphia West, Philadelphia, PA	$1,038	$1,265	$1,575	$1,625
North Philadelphia East, Philadelphia, PA	$1,295	$1,447	$1,679	$1,650
Roxborough, Philadelphia, PA	$1,350	$1,613	$1,933	$1,675
North Philadelphia West, Philadelphia, PA	$1,225	$1,420	$1,600	$1,700
Kensington, Philadelphia, PA	$1,234	$1,573	$1,800	$1,750
Point Breeze, Philadelphia, PA	$1,315	$1,395	$1,800	$1,795
Northern Liberties - Fishtown, Philadelphia, PA	$1,330	$1,745	$2,300	$1,835
East Germantown, Philadelphia, PA	$1,375	$1,525	$1,732	$1,845
Avenue of the Arts North, Philadelphia, PA	$750	$1,765	$1,500	$1,850
Spruce Hill, Philadelphia, PA	$910	$1,184	$1,763	$1,850
Washington Square West, Philadelphia, PA	$1,225	$1,830	$2,375	$1,863
West Powelton, Philadelphia, PA	$1,246	$1,640	$1,800	$1,900
Manayunk, Philadelphia, PA	$1,420	$1,569	$1,950	$1,925
Bella Vista - Southwark, Philadelphia, PA	$1,145	$1,763	$2,200	$1,995
Graduate Hospital, Philadelphia, PA	$1,321	$1,683	$2,248	$1,995
Center City East, Philadelphia, PA	$1,350	$1,900	$2,890	$2,065
Rittenhouse Square, Philadelphia, PA	$1,570	$2,144	$3,300	$2,104
Center City West, Philadelphia, PA	$1,475	$2,100	$3,350	$2,147
Avenue of the Arts South, Philadelphia, PA	$1,745	$2,100	$3,008	$2,175
Fairmount - Art Museum, Philadelphia, PA	$1,494	$1,828	$2,200	$2,190
Mantua, Philadelphia, PA	N/A	$1,320	$1,598	$2,275
Fitler Square, Philadelphia, PA	$1,725	$2,100	$3,495	$2,429
Logan Square, Philadelphia, PA	$1,653	$2,350	$3,591	$2,469
University City, Philadelphia, PA	$1,343	$2,971	$4,287	$3,001

Top Counties Near 19121

There are a total of 29 counties located by 19121, Philadelphia, PA. Some of these counties include Philadelphia, PA, Delaware, PA, and Camden, NJ. The average rent for rentals in these counties is $2,425. That's roughly around $2 per sqft. The county that is the most affordable is Philadelphia, PA. It's average rent per month is $1,800. Vice versa, with an average rent of $2,800, Mercer, NJ is the most expensive county by 19121, Philadelphia, PA.

Typically, rent for studios in 19121, Philadelphia, PA is 9.55% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 19121, Philadelphia, PA is 14.91% more affordable than other counties nearby. Finally, rent for two bedrooms in 19121, Philadelphia, PA is 25.00% more affordable than other counties nearby. We've listed the top 8 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Philadelphia, PA	$1,355	$1,690	$1,834	$1,800
Delaware, PA	$1,075	$1,350	$1,700	$1,900
Camden, NJ	$1,371	$1,585	$1,900	$1,963
Montgomery, PA	$1,896	$1,992	$2,200	$2,350
Bucks, PA	$1,150	$1,800	$2,350	$2,500
Burlington, NJ	N/A	$1,500	$2,100	$2,500
Gloucester, NJ	N/A	$1,390	$1,688	$2,663
Mercer, NJ	N/A	$1,798	$2,400	$2,800

Top Zipcodes Near 19121

There are a total of 26 zipcodes in or near 19121, Philadelphia, PA. The average rent for all of these zipcodes is $1,798. A total of 12 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 19140, Philadelphia, PA at $1,300 per month. In comparison, the zipcode with the most expensive average rent of $2,900 per month is 08028, Glassboro, NJ.

Studios in these zipcodes have an average rent of $1,301. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 19121, Philadelphia, PA is $1,572 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,898 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 19121, Philadelphia, PA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
19103, Philadelphia, PA	$1,598	$2,168	$3,495	$2,200
19146, Philadelphia, PA	$1,333	$1,535	$1,900	$1,795
19122, Philadelphia, PA	$1,295	$1,495	$1,750	$1,725
19104, Philadelphia, PA	$1,303	$2,432	$1,892	$2,121
19125, Philadelphia, PA	$1,315	$1,595	$1,895	$1,800
19107, Philadelphia, PA	$1,205	$1,900	$2,805	$2,000
19130, Philadelphia, PA	$1,470	$1,800	$2,195	$2,100
19123, Philadelphia, PA	$1,300	$1,607	$2,200	$1,835
19147, Philadelphia, PA	$1,250	$1,775	$2,295	$2,100
19106, Philadelphia, PA	$1,700	$1,998	$2,895	$2,199

Frequently Asked Questions - 19121 Average Rents

What is the average rent price in 19121, Philadelphia, PA?

The average monthly rental price for 19121, Philadelphia, PA apartments for rent is approximately $1,750. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 19121, Philadelphia, PA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 19121, Philadelphia, PA.

How much is a studio apartment in 19121, Philadelphia, PA?

The average monthly rental price for studio apartments is $1,230 and an average price per square feet of $2.93. There are a total of 17 studio apartment listings currently available for rent in 19121.

How much is a one bedroom apartment in 19121, Philadelphia, PA?

The average monthly rental price for one bedroom apartments is $1,425 and an average price per square feet of $2.24. There are a total of 68 one bedroom apartment listings currently available for rent in 19121.

How much is a two bedroom apartment in 19121, Philadelphia, PA?

The average monthly rental price for two bedroom apartments is $1,600 and an average price per square feet of $1.04. There are a total of 102 two bedroom apartment listings currently available for rent in 19121.

How have rent prices in 19121, Philadelphia, PA changed this year?

Rent prices for rentals in 19121, Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by 0.08%, one bedroom rental prices have changed by 0.18%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by 0.02% year-over-year.

What is a reasonable rent price in 19121, Philadelphia, PA?

A reasonable rent price in 19121, Philadelphia, PA is around $1,400/month. You can search for these reasonably priced rental listings on RentHop.