Average Rent in 19122, Philadelphia, PA

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Current Versus Historical 19122, Philadelphia, PA Rents

19122 rentals average $1,295 for a studio rental to $2,645 for a 4-bedroom rental. The median price of all currently available listings is $1,725, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $183 (-12.40%) year-over-year from $1,478 to $1,295. 1-bedroom rentals prices have decreased by $66 (-4.21%) year-over-year from $1,561 to $1,495. 2-bedroom rentals prices have decreased by $6 (-0.31%) year-over-year from $1,856 to $1,850. 3-bedroom rentals prices have increased by $12 (0.56%) year-over-year from $2,088 to $2,100. 4-bedroom rentals prices have decreased by $132 (-5.21%) year-over-year from $2,529 to $2,398. 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 down by 12.00% this month. 1-bedroom rents have gone up by 0.67% this month. 2-bedroom rents have gone up by 4.37% this month. 3-bedroom rents have gone up by 0.80% this month. 4-bedroom rents have gone down by 7.76% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.69 $1,295 $1,478 (-12.40%) $1,620 (-20.05%)
1 BR $2.01 $1,495 $1,561 (-4.21%) $1,419 (5.34%)
2 BR $1.77 $1,850 $1,856 (-0.31%) $1,867 (-0.89%)
3 BR $1.41 $2,100 $2,088 (0.56%) $2,125 (-1.18%)
4+ BR $1.66 $2,398 $2,529 (-5.21%) $2,983 (-19.64%)

Historical Rents in 19122, Philadelphia, PA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 19122

There are a total of 5 cities nearby 19122. The average rent in 19122 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 19122, Philadelphia, PA is Glassboro, NJ. Monthly rents here are on average $2,900 per month.

Let's compare 19122, Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 19122, Philadelphia, PA is 4.25% more affordable than other cities nearby. One bedrooms are about 13.04% more affordable. Two bedrooms in 19122, Philadelphia, PA are about 5.43% more affordable. Finally, rent for three bedrooms are about 15.66% more affordable. Want more information? Check out the top 5 cities near 19122, 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 $1,350 $1,690 $1,830 $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 19122

There are a total of 29 neighborhoods in or near 19122. Some of these neighborhoods include Haddington, Cobbs Creek, and Germantown. We've included all of these top 29 neighborhoods in or near 19122, Philadelphia, PA in the following chart.

The average rent for these 29 neighborhoods in or near 19122, Philadelphia, PA is currently around $1,850 per month. A total of 9 neighborhoods have a lower average rent. Meaning, only twenty neighborhoods have a higher average rent than $1,850. Interestingly, the neighborhoods' average rent is higher than 19122's average rent, which is only $1,725. Out of all the neighborhoods in or near 19122, 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 19122. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Haddington, Philadelphia, PA $1,050 $1,175 $1,250 $1,300
Cobbs Creek, Philadelphia, PA N/A $1,000 $1,350 $1,325
Germantown, Philadelphia, PA $900 $1,291 $1,850 $1,425
Port Richmond, Philadelphia, PA $1,500 $1,195 $1,450 $1,500
Kingsessing, Philadelphia, PA $1,038 $1,250 $1,550 $1,500
South Philadelphia West, Philadelphia, PA $1,038 $1,265 $1,575 $1,625
North Philadelphia East, Philadelphia, PA $1,295 $1,450 $1,667 $1,650
Roxborough, Philadelphia, PA $1,350 $1,613 $1,933 $1,675
North Philadelphia West, Philadelphia, PA $1,228 $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
Spruce Hill, Philadelphia, PA $910 $1,122 $1,763 $1,800
Northern Liberties - Fishtown, Philadelphia, PA $1,329 $1,721 $2,300 $1,813
East Germantown, Philadelphia, PA $1,375 $1,525 $1,732 $1,845
Washington Square West, Philadelphia, PA $1,225 $1,815 $2,340 $1,850
Avenue of the Arts North, Philadelphia, PA $750 $1,765 $1,500 $1,850
West Powelton, Philadelphia, PA $1,246 $1,640 $1,800 $1,900
Manayunk, Philadelphia, PA $1,420 $1,560 $1,950 $1,925
Graduate Hospital, Philadelphia, PA $1,321 $1,689 $2,195 $1,950
Bella Vista - Southwark, Philadelphia, PA $1,145 $1,763 $2,200 $1,998
Center City East, Philadelphia, PA $1,350 $1,900 $2,890 $2,050
Rittenhouse Square, Philadelphia, PA $1,570 $2,144 $3,286 $2,104
Center City West, Philadelphia, PA $1,475 $2,100 $3,400 $2,125
Avenue of the Arts South, Philadelphia, PA $1,745 $2,100 $3,008 $2,175
Fairmount - Art Museum, Philadelphia, PA $1,494 $1,850 $2,200 $2,195
Mantua, Philadelphia, PA N/A $1,320 $1,598 $2,275
Logan Square, Philadelphia, PA $1,653 $2,350 $3,591 $2,469
Fitler Square, Philadelphia, PA $1,725 $2,100 $3,517 $2,475
University City, Philadelphia, PA $1,343 $2,971 $4,287 $3,001

Top Counties Near 19122

There are a total of 29 counties located by 19122, 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 $2,813, Mercer, NJ is the most expensive county by 19122, Philadelphia, PA.

Typically, rent for studios in 19122, Philadelphia, PA is 14.09% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 19122, Philadelphia, PA is 9.53% more affordable than other counties nearby. Finally, rent for two bedrooms in 19122, Philadelphia, PA is 14.29% 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 $1,350 $1,690 $1,830 $1,800
Delaware, PA $1,075 $1,350 $1,700 $1,900
Camden, NJ $1,371 $1,585 $1,900 $1,950
Montgomery, PA $1,896 $1,992 $2,195 $2,350
Bucks, PA $1,150 $1,750 $2,350 $2,500
Burlington, NJ N/A $1,500 $2,100 $2,500
Gloucester, NJ N/A $1,390 $1,718 $2,700
Mercer, NJ N/A $1,798 $2,400 $2,813

Top Zipcodes Near 19122

There are a total of 26 zipcodes in or near 19122, Philadelphia, PA. The average rent for all of these zipcodes is $1,795. A total of 11 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 $1,297. 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 19122, Philadelphia, PA is $1,572 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,896 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 19122, Philadelphia, PA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
19121, Philadelphia, PA $1,230 $1,425 $1,600 $1,750
19103, Philadelphia, PA $1,600 $2,175 $3,517 $2,200
19146, Philadelphia, PA $1,333 $1,535 $1,898 $1,795
19104, Philadelphia, PA $1,303 $2,432 $1,892 $2,125
19107, Philadelphia, PA $1,205 $1,900 $2,803 $1,995
19125, Philadelphia, PA $1,295 $1,595 $1,895 $1,795
19130, Philadelphia, PA $1,470 $1,800 $2,198 $2,130
19123, Philadelphia, PA $1,300 $1,607 $2,200 $1,835
19147, Philadelphia, PA $1,250 $1,775 $2,295 $2,085
19106, Philadelphia, PA $1,700 $2,000 $2,895 $2,199

Frequently Asked Questions - 19122 Average Rents

What is the average rent price in 19122, Philadelphia, PA?
The average monthly rental price for 19122, Philadelphia, PA apartments for rent is approximately $1,725. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 19122, 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 19122, Philadelphia, PA.
How much is a studio apartment in 19122, Philadelphia, PA?
The average monthly rental price for studio apartments is $1,295 and an average price per square feet of $2.69. There are a total of 12 studio apartment listings currently available for rent in 19122.
How much is a one bedroom apartment in 19122, Philadelphia, PA?
The average monthly rental price for one bedroom apartments is $1,495 and an average price per square feet of $2.01. There are a total of 83 one bedroom apartment listings currently available for rent in 19122.
How much is a two bedroom apartment in 19122, Philadelphia, PA?
The average monthly rental price for two bedroom apartments is $1,750 and an average price per square feet of $1.77. There are a total of 95 two bedroom apartment listings currently available for rent in 19122.
How have rent prices in 19122, Philadelphia, PA changed this year?
Rent prices for rentals in 19122, Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by -0.12%, one bedroom rental prices have changed by -0.04%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by 0.01% year-over-year.
What is a reasonable rent price in 19122, Philadelphia, PA?
A reasonable rent price in 19122, Philadelphia, PA is around $1,380/month. You can search for these reasonably priced rental listings on RentHop.
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