Average Rent in 19123, Philadelphia, PA

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Current Versus Historical 19123, Philadelphia, PA Rents

19123 rentals average $1,475 for a studio rental to $3,450 for a 4-bedroom rental. The median price of all currently available listings is $2,154, or roughly $33 per square feet.

For the apartment units and housing in October 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $146 (11.09%) year-over-year from $1,317 to $1,463. 1-bedroom rentals prices have increased by $563 (34.42%) year-over-year from $1,637 to $2,200. 2-bedroom rentals prices have increased by $133 (5.88%) year-over-year from $2,267 to $2,400. 3-bedroom rentals prices have increased by $268 (9.15%) year-over-year from $2,932 to $3,200. 4-bedroom rentals prices have increased by $711 (22.28%) year-over-year from $3,190 to $3,900. 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 1.79% this month. 1-bedroom rents have gone up by 19.76% this month. 2-bedroom rents have gone down by 4.95% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone up by 11.43% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$40.30	$1,463	$1,317 (11.09%)	$1,438 (1.68%)
1 BR	$37.06	$2,200	$1,637 (34.42%)	$1,748 (25.83%)
2 BR	$30.70	$2,400	$2,267 (5.88%)	$2,041 (17.58%)
3 BR	$19.59	$3,200	$2,932 (9.15%)	$2,442 (31.07%)
4+ BR	$18.39	$3,900	$3,190 (22.28%)	$3,397 (14.82%)

Historical Rents in 19123, Philadelphia, PA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 19123

There are a total of 6 cities nearby 19123. The average rent in 19123 is currently $1,788 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Chester, PA, with an average rent of $1,400, is the most affordable city nearby. In contrast, the most expensive city near 19123, Philadelphia, PA is Phoenixville, PA. Monthly rents here are on average $2,284 per month.

Let's compare 19123, Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 19123, Philadelphia, PA is 10.34% more expensive than other cities nearby. One bedrooms are about 28.19% more expensive. Two bedrooms in 19123, Philadelphia, PA are about 28.95% more expensive. Finally, rent for three bedrooms are about 40.23% more expensive. Want more information? Check out the top 6 cities near 19123, Philadelphia, PA in the following table.

City	Studio	1 Bed	2 Bed	All
Chester, PA	$875	$1,204	$1,405	$1,400
Camden, NJ	$1,698	$1,250	$1,500	$1,688
Wilmington, DE	$1,345	$1,410	$1,725	$1,750
Philadelphia, PA	$1,370	$1,707	$1,828	$1,825
Trenton, NJ	$1,300	$1,463	$1,850	$2,000
Phoenixville, PA	$395	$1,910	$2,430	$2,284

Top Neighborhoods Near 19123

There are a total of 32 neighborhoods in or near 19123. Some of these neighborhoods include Logan - Ogontz - Fern Rock, Germantown, and Cobbs Creek. We've included the top 30 neighborhoods out of 32 total neighborhoods in or near 19123, Philadelphia, PA in the following table.

The average rent for these 30 neighborhoods in or near 19123, Philadelphia, PA is currently around $1,894 per month. A total of 24 neighborhoods have a lower average rent. Meaning, only six neighborhoods have a higher average rent than $1,894. Interestingly, the neighborhoods' average rent is less than 19123's average rent, which is actually $2,154. Out of all the neighborhoods in or near 19123, Logan - Ogontz - Fern Rock has the most affordable average rent at $1,360 per month. Whereas, at $2,875 average rent per month, Fitler Square is the most expensive neighborhood in or near 19123. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Logan - Ogontz - Fern Rock, Philadelphia, PA	$950	$1,088	$1,350	$1,360
Germantown, Philadelphia, PA	$1,173	$1,295	$1,700	$1,425
Cobbs Creek, Philadelphia, PA	$795	$1,285	$1,350	$1,495
East Germantown, Philadelphia, PA	$995	$1,250	$1,590	$1,500
Kingsessing, Philadelphia, PA	N/A	$1,100	$1,549	$1,550
Port Richmond, Philadelphia, PA	$974	$1,300	$1,550	$1,558
South Philadelphia West, Philadelphia, PA	$1,575	$1,295	$1,698	$1,650
Allegheny West, Philadelphia, PA	N/A	$1,565	$2,050	$1,670
Avenue of the Arts North, Philadelphia, PA	$1,485	$1,662	$2,240	$1,675
North Philadelphia West, Philadelphia, PA	$950	$1,200	$1,450	$1,700
Roxborough, Philadelphia, PA	$1,515	$1,600	$1,900	$1,700
Spruce Hill, Philadelphia, PA	$1,115	$1,595	$2,050	$1,750
Kensington, Philadelphia, PA	$1,348	$1,527	$1,898	$1,788
North Philadelphia East, Philadelphia, PA	$1,300	$1,842	$1,675	$1,795
Mantua, Philadelphia, PA	N/A	$1,250	$1,550	$1,800
Point Breeze, Philadelphia, PA	$1,256	$1,398	$1,900	$1,988
Manayunk, Philadelphia, PA	$1,240	$1,595	$1,963	$2,000
Washington Square West, Philadelphia, PA	$1,533	$1,895	$2,800	$2,040
Avenue of the Arts South, Philadelphia, PA	$1,386	$2,020	$3,028	$2,085
Northern Liberties - Fishtown, Philadelphia, PA	$1,413	$1,775	$2,385	$2,090
Fairmount - Art Museum, Philadelphia, PA	$1,531	$1,850	$2,495	$2,100
Center City East, Philadelphia, PA	$1,365	$2,116	$3,005	$2,125
Bella Vista - Southwark, Philadelphia, PA	$1,575	$1,650	$2,564	$2,200
Queen Village - Pennsport, Philadelphia, PA	$1,725	$1,695	$2,300	$2,200
Rittenhouse Square, Philadelphia, PA	$1,683	$2,190	$3,360	$2,224
Center City West, Philadelphia, PA	$1,483	$2,255	$3,670	$2,295
Graduate Hospital, Philadelphia, PA	$1,379	$1,930	$2,337	$2,337
University City, Philadelphia, PA	$1,156	$2,553	$3,216	$2,553
Logan Square, Philadelphia, PA	$1,836	$2,495	$3,895	$2,575
Fitler Square, Philadelphia, PA	$2,117	$2,495	$3,581	$2,875

Top Counties Near 19123

There are a total of 12 counties located by 19123, Philadelphia, PA. Some of these counties include Chester, PA, Upper Darby, PA, and Philadelphia, PA. The average rent for rentals in these counties is $2,292. That's roughly around $22 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is Chester, PA. Its average rent per month is $1,400. Vice versa, with an average rent of $2,785, Radnor, PA is the most expensive county by 19123, Philadelphia, PA.

Typically, rent for studios in 19123, Philadelphia, PA is 21.19% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 19123, Philadelphia, PA is 20.00% more expensive than other counties nearby. Finally, rent for two bedrooms in 19123, Philadelphia, PA is 20.00% more expensive than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Chester, PA	$875	$1,204	$1,405	$1,400
Upper Darby, PA	$1,225	$1,200	$1,400	$1,748
Philadelphia, PA	$1,370	$1,707	$1,828	$1,825
Phoenixville, PA	$395	$1,910	$2,430	$2,284
Gloucester, NJ	N/A	$1,600	$1,900	$2,300
Camden, NJ	$1,100	$1,545	$2,000	$2,350
Lower Merion, PA	$1,450	$1,755	$2,575	$2,500
Burlington, NJ	$1,400	$1,600	$2,200	$2,500
Mercer, NJ	$1,750	$1,850	$2,350	$2,600
Radnor, PA	N/A	$2,210	$2,638	$2,785

Top Zipcodes Near 19123

There are a total of 30 zipcodes in or near 19123, Philadelphia, PA. The average rent for all of these zipcodes is $1,800. A total of 20 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 19141, Philadelphia, PA at $1,185 per month. In comparison, the zipcode with the most expensive average rent of $3,500 per month is 08540, Mercer County, NJ.

Studios in these zipcodes have an average rent of $1,150. That's at least $27 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 19123, Philadelphia, PA is $1,538 per month. Or in other words, $28 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,975 per month. Which comes out to $22 per sqft. The following table includes the top 10 zipcodes in 19123, 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	$1,721	$2,420	$3,684	$2,558
19104, Philadelphia, PA	$1,150	$1,504	$1,795	$1,700
19130, Philadelphia, PA	$1,481	$1,800	$2,400	$2,000
19107, Philadelphia, PA	$1,305	$1,996	$3,008	$2,040
19122, Philadelphia, PA	$1,358	$1,525	$1,800	$1,795
19121, Philadelphia, PA	$1,100	$1,299	$1,495	$1,750
19146, Philadelphia, PA	$1,350	$1,550	$2,100	$2,018
19147, Philadelphia, PA	$1,560	$1,745	$2,600	$2,200
19106, Philadelphia, PA	$1,774	$2,145	$2,920	$2,300
19134, Philadelphia, PA	$1,023	$1,465	$1,600	$1,500

Frequently Asked Questions - 19123 Average Rents

What is the average rent price in 19123, Philadelphia, PA?

The average monthly rental price for 19123, Philadelphia, PA apartments for rent is approximately $2,154. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 19123, 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 19123, Philadelphia, PA.

How much is a studio apartment in 19123, Philadelphia, PA?

The average monthly rental price for studio apartments is $1,475 and an average price per square feet of $40.30. There are a total of 39 studio apartment listings currently available for rent in 19123.

How much is a one bedroom apartment in 19123, Philadelphia, PA?

The average monthly rental price for one bedroom apartments is $2,000 and an average price per square feet of $37.06. There are a total of 195 one bedroom apartment listings currently available for rent in 19123.

How much is a two bedroom apartment in 19123, Philadelphia, PA?

The average monthly rental price for two bedroom apartments is $2,500 and an average price per square feet of $30.70. There are a total of 72 two bedroom apartment listings currently available for rent in 19123.

How have rent prices in 19123, Philadelphia, PA changed this year?

Rent prices for rentals in 19123, Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by 0.11%, one bedroom rental prices have changed by 0.34%, two bedroom rental prices have changed by 0.06%, three bedroom rental prices have changed by 0.09% year-over-year.

What is a reasonable rent price in 19123, Philadelphia, PA?

A reasonable rent price in 19123, Philadelphia, PA is around $1,723/month. You can search for these reasonably priced rental listings on RentHop.