Average Rent in 19123, Philadelphia, PA

Home » PA » Philadelphia » 19123

Current Versus Historical 19123, Philadelphia, PA Rents

19123 rentals average $1,485 for a studio rental to $3,600 for a 4-bedroom rental. The median price of all currently available listings is $2,100, or roughly $36 per square feet.

For the apartment units and housing in July 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $161 (12.15%) year-over-year from $1,324 to $1,485. 1-bedroom rentals prices have increased by $613 (41.26%) year-over-year from $1,487 to $2,100. 2-bedroom rentals prices have increased by $432 (19.07%) year-over-year from $2,263 to $2,695. 3-bedroom rentals prices have decreased by $40 (-1.36%) year-over-year from $2,940 to $2,900. 4-bedroom rentals prices have decreased by $367 (-9.24%) year-over-year from $3,967 to $3,600. 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 5.35% this month. 1-bedroom rents have gone up by 14.83% this month. 2-bedroom rents have gone up by 10.68% this month. 3-bedroom rents have gone down by 3.57% this month. 4-bedroom rents have gone down by 2.70% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$41.25	$1,485	$1,324 (12.15%)	$1,522 (-2.41%)
1 BR	$40.28	$2,100	$1,487 (41.26%)	$1,660 (26.53%)
2 BR	$31.53	$2,695	$2,263 (19.07%)	$2,202 (22.41%)
3 BR	$18.57	$2,900	$2,940 (-1.36%)	$2,722 (6.55%)
4+ BR	$19.37	$3,600	$3,967 (-9.24%)	$3,550 (1.41%)

Historical Rents in 19123, Philadelphia, PA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 19123

There are a total of 7 cities nearby 19123. The average rent in 19123 is currently $2,000 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Chester, PA, with an average rent of $1,335, is the most affordable city nearby. In contrast, the most expensive city near 19123, Philadelphia, PA is Glassboro, NJ. Monthly rents here are on average $2,500 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 34.34% more expensive than other cities nearby. One bedrooms are about 22.31% more expensive. Two bedrooms in 19123, Philadelphia, PA are about 30.77% more expensive. Finally, rent for three bedrooms are about 11.76% more expensive. Want more information? Check out the top 7 cities near 19123, Philadelphia, PA in the following table.

City	Studio	1 Bed	2 Bed	All
Chester, PA	N/A	$1,267	$1,425	$1,335
Wilmington, DE	$1,295	$1,450	$1,620	$1,700
Philadelphia, PA	$1,395	$1,700	$1,885	$1,800
Trenton, NJ	$975	$1,450	$1,800	$2,000
Phoenixville, PA	$395	$1,975	$2,650	$2,309
West Chester, PA	$1,363	$1,750	$2,388	$2,313
Glassboro, NJ	N/A	$1,550	$1,750	$2,500

Top Neighborhoods Near 19123

There are a total of 36 neighborhoods in or near 19123. Some of these neighborhoods include Germantown, East Germantown, and Belmont. We've included the top 30 neighborhoods out of 36 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 $1,828 per month. A total of 30 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than 19123's average rent, which is actually $2,100. Out of all the neighborhoods in or near 19123, Frankford has the most affordable average rent at $1,000 per month. Whereas, at $2,670 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
Germantown, Philadelphia, PA	$1,200	$1,395	$1,773	$1,440
East Germantown, Philadelphia, PA	$1,050	$1,298	$1,500	$1,500
Belmont, Philadelphia, PA	N/A	$1,200	$1,500	$1,500
Cobbs Creek, Philadelphia, PA	$875	$1,223	$1,450	$1,500
Spruce Hill, Philadelphia, PA	$1,050	$1,395	$1,925	$1,500
Port Richmond, Philadelphia, PA	$1,023	$1,400	$1,575	$1,528
North Philadelphia West, Philadelphia, PA	$1,200	$1,287	$1,500	$1,600
West Powelton, Philadelphia, PA	$875	$1,495	$1,650	$1,600
South Philadelphia West, Philadelphia, PA	$1,100	$1,350	$1,600	$1,650
Allegheny West, Philadelphia, PA	N/A	$1,620	$2,050	$1,670
Avenue of the Arts North, Philadelphia, PA	$1,425	$1,720	$2,150	$1,675
North Philadelphia East, Philadelphia, PA	$1,325	$1,681	$1,725	$1,800
Kensington, Philadelphia, PA	$1,185	$1,700	$1,900	$1,800
Point Breeze, Philadelphia, PA	$1,241	$1,416	$1,790	$1,813
Roxborough, Philadelphia, PA	$1,700	$1,675	$1,913	$1,843
University City, Philadelphia, PA	$1,330	$2,310	$3,206	$1,850
Northern Liberties - Fishtown, Philadelphia, PA	$1,387	$1,795	$2,383	$1,995
Queen Village - Pennsport, Philadelphia, PA	$1,530	$1,779	$2,100	$1,998
Washington Square West, Philadelphia, PA	$1,595	$1,988	$2,745	$2,000
Mantua, Philadelphia, PA	$1,150	$1,395	$1,600	$2,025
Avenue of the Arts South, Philadelphia, PA	$1,313	$2,019	$3,050	$2,033
Manayunk, Philadelphia, PA	$1,263	$1,450	$2,013	$2,048
Rittenhouse Square, Philadelphia, PA	$1,654	$2,072	$3,084	$2,094
Fairmount - Art Museum, Philadelphia, PA	$1,522	$2,000	$2,543	$2,095
Center City East, Philadelphia, PA	$1,413	$2,108	$2,900	$2,240
Graduate Hospital, Philadelphia, PA	$1,279	$1,650	$2,500	$2,262
Center City West, Philadelphia, PA	$1,556	$2,295	$2,795	$2,295
Bella Vista - Southwark, Philadelphia, PA	$1,150	$1,650	$2,573	$2,400
Logan Square, Philadelphia, PA	$1,787	$2,625	$3,835	$2,475
Fitler Square, Philadelphia, PA	$1,723	$2,670	$3,260	$2,670

Top Counties Near 19123

There are a total of 13 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 $2,250. That's roughly around $23 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Chester, PA. Its average rent per month is $1,335. Vice versa, with an average rent of $2,825, Lower Merion, PA is the most expensive county by 19123, Philadelphia, PA.

Typically, rent for studios in 19123, Philadelphia, PA is 8.25% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 19123, Philadelphia, PA is 19.30% more expensive than other counties nearby. Finally, rent for two bedrooms in 19123, Philadelphia, PA is 15.48% 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	N/A	$1,267	$1,425	$1,335
Upper Darby, PA	$1,750	$1,150	$1,400	$1,563
Philadelphia, PA	$1,395	$1,700	$1,885	$1,800
Gloucester, NJ	N/A	$1,502	$1,900	$2,200
Camden, NJ	$1,395	$1,500	$2,000	$2,250
Phoenixville, PA	$395	$1,975	$2,650	$2,309
West Chester, PA	$1,363	$1,750	$2,388	$2,313
Burlington, NJ	$1,550	$1,610	$2,198	$2,500
Tredyffrin, PA	$325	$1,775	$2,263	$2,575
Lower Merion, PA	$1,375	$1,930	$2,613	$2,825

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 $1,796. 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 19124, Philadelphia, PA at $1,100 per month. In comparison, the zipcode with the most expensive average rent of $3,700 per month is 08540, Mercer County, NJ.

Studios in these zipcodes have an average rent of $1,075. That's at least $28 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 $1,588 per month. Or in other words, $25 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,922 per month. Which comes out to $23 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	$1,762	$2,395	$3,732	$2,375
19104, Philadelphia, PA	$1,306	$1,479	$1,800	$1,653
19130, Philadelphia, PA	$1,512	$1,875	$2,363	$1,950
19107, Philadelphia, PA	$1,295	$2,118	$2,960	$2,200
19122, Philadelphia, PA	$1,348	$1,495	$1,873	$1,795
19121, Philadelphia, PA	$1,135	$1,263	$1,500	$1,650
19146, Philadelphia, PA	$1,270	$1,585	$2,095	$1,950
19147, Philadelphia, PA	$1,385	$1,919	$2,687	$2,095
19106, Philadelphia, PA	$1,598	$1,979	$2,800	$2,195
19134, Philadelphia, PA	$1,050	$1,750	$1,699	$1,650

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 $2,100. 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 $1,485 and an average price per square feet of $41.25. There are a total of 62 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 $1,995 and an average price per square feet of $40.28. There are a total of 210 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 $2,600 and an average price per square feet of $31.53. There are a total of 103 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 0.12%, one bedroom rental prices have changed by 0.41%, two bedroom rental prices have changed by 0.19%, three bedroom rental prices have changed by -0.01% year-over-year.

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

A reasonable rent price in 19123, Philadelphia, PA is around $1,680/month. You can search for these reasonably priced rental listings on RentHop.