Average Rent in 19131, Philadelphia, PA

Home  »  PA  »  Philadelphia  »  19131

Current Versus Historical 19131, Philadelphia, PA Rents

19131 rentals average $0 for a studio rental to $1,999 for a 4-bedroom rental. The median price of all currently available listings is $1,625, or roughly $1 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $195 (12.53%) year-over-year from $1,555 to $1,750. 1-bedroom rentals prices have decreased by $406 (-28.85%) year-over-year from $1,406 to $1,000. 2-bedroom rentals prices have decreased by $128 (-8.50%) year-over-year from $1,500 to $1,373. 3-bedroom rentals prices have increased by $60 (4.03%) year-over-year from $1,490 to $1,550. 4-bedroom rentals prices have increased by $87 (4.80%) year-over-year from $1,813 to $1,900. 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 up by 0.29% this month. 1-bedroom rents have gone down by 3.92% this month. 2-bedroom rents have gone down by 1.32% this month. 3-bedroom rents have gone down by 2.11% this month. 4-bedroom rents have gone down by 6.27% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $0.81 $1,000 $1,406 (-28.85%) $1,720 (-41.84%)
2 BR $1.20 $1,373 $1,500 (-8.50%) $1,710 (-19.75%)
3 BR $1.26 $1,550 $1,490 (4.03%) $1,283 (20.78%)
4+ BR $1.28 $1,900 $1,813 (4.80%) $2,828 (-32.82%)

Historical Rents in 19131, Philadelphia, PA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 19131

There are a total of 5 cities nearby 19131. The average rent in 19131 is currently $2,207 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 19131, Philadelphia, PA is Glassboro, NJ. Monthly rents here are on average $2,900 per month.

Let's compare 19131, Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 19131, Philadelphia, PA is inf% more affordable than other cities nearby. One bedrooms are about 41.25% more affordable. Two bedrooms in 19131, Philadelphia, PA are about 32.26% more affordable. Finally, rent for three bedrooms are about 22.37% more affordable. Want more information? Check out the top 5 cities near 19131, Philadelphia, PA in the following chart.
City Studio 1 Bed 2 Bed All
Wilmington, DE $1,548 $1,595 $1,845 $1,600
Philadelphia, PA $1,353 $1,695 $1,835 $1,800
Lansdale, PA $2,358 $2,207 $2,952 $2,207
King of Prussia, PA $1,673 $2,057 $2,644 $2,298
Glassboro, NJ N/A N/A $1,500 $2,900

Top Neighborhoods Near 19131

There are a total of 29 neighborhoods in or near 19131. Some of these neighborhoods include Haddington, Cobbs Creek, and Germantown. We've included all of these top 29 neighborhoods in or near 19131, Philadelphia, PA in the following chart.

The average rent for these 29 neighborhoods in or near 19131, Philadelphia, PA is currently around $1,850 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only twenty-three neighborhoods have a higher average rent than $1,850. Interestingly, the neighborhoods' average rent is higher than 19131's average rent, which is only $1,625. Out of all the neighborhoods in or near 19131, Haddington has the most affordable average rent at $1,300 per month. Whereas, at $3,011 average rent per month, University City is the most expensive neighborhood in or near 19131. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Haddington, Philadelphia, PA $1,077 $1,250 $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
Port Richmond, Philadelphia, PA $1,500 $1,195 $1,440 $1,500
Kingsessing, Philadelphia, PA $1,038 $1,250 $1,525 $1,500
South Philadelphia West, Philadelphia, PA $1,038 $1,265 $1,550 $1,600
North Philadelphia East, Philadelphia, PA $1,295 $1,438 $1,672 $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
Spruce Hill, Philadelphia, PA $910 $1,184 $1,763 $1,760
Point Breeze, Philadelphia, PA $1,315 $1,385 $1,800 $1,795
Northern Liberties - Fishtown, Philadelphia, PA $1,330 $1,750 $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
Washington Square West, Philadelphia, PA $1,225 $1,845 $2,375 $1,863
West Powelton, Philadelphia, PA $1,246 $1,640 $1,800 $1,900
Manayunk, Philadelphia, PA $1,420 $1,569 $1,973 $1,925
Graduate Hospital, Philadelphia, PA $1,321 $1,683 $2,295 $1,950
Bella Vista - Southwark, Philadelphia, PA $1,145 $1,725 $2,200 $1,985
Center City East, Philadelphia, PA $1,343 $1,900 $2,885 $2,075
Rittenhouse Square, Philadelphia, PA $1,572 $2,144 $3,323 $2,107
Center City West, Philadelphia, PA $1,475 $2,100 $3,384 $2,150
Avenue of the Arts South, Philadelphia, PA $1,725 $2,097 $2,992 $2,160
Fairmount - Art Museum, Philadelphia, PA $1,494 $1,828 $2,200 $2,195
Mantua, Philadelphia, PA N/A $1,320 $1,700 $2,263
Fitler Square, Philadelphia, PA $1,725 $2,100 $3,495 $2,400
Logan Square, Philadelphia, PA $1,653 $2,348 $3,591 $2,464
University City, Philadelphia, PA $1,343 $2,972 $4,297 $3,011

Top Counties Near 19131

There are a total of 29 counties located by 19131, Philadelphia, PA. Some of these counties include Wilmington, DE, Philadelphia, PA, and Lansdale, PA. The average rent for rentals in these counties is $2,253. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Wilmington, DE. It's average rent per month is $1,600. Vice versa, with an average rent of $2,900, Glassboro, NJ is the most expensive county by 19131, Philadelphia, PA.

Typically, rent for studios in 19131, Philadelphia, PA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 19131, Philadelphia, PA is 45.21% more affordable than other counties nearby. Finally, rent for two bedrooms in 19131, Philadelphia, PA is 44.98% more affordable than other counties nearby. We've listed the top 6 counties in the chart below.
County Studio 1 Bed 2 Bed All
Wilmington, DE $1,548 $1,595 $1,845 $1,600
Philadelphia, PA $1,353 $1,695 $1,835 $1,800
Lansdale, PA $2,358 $2,207 $2,952 $2,207
Upper Merion, PA $1,673 $2,057 $2,501 $2,298
Lower Merion, PA $1,733 $1,790 $2,200 $2,325
Glassboro, NJ N/A N/A $1,500 $2,900

Top Zipcodes Near 19131

There are a total of 27 zipcodes in or near 19131, Philadelphia, PA. The average rent for all of these zipcodes is $1,795. A total of 7 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 $1,303. 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 19131, Philadelphia, PA is $1,550 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,895 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 19131, 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 $1,598 $2,168 $3,561 $2,200
19146, Philadelphia, PA $1,333 $1,535 $1,928 $1,795
19122, Philadelphia, PA $1,295 $1,495 $1,750 $1,704
19104, Philadelphia, PA $1,303 $2,432 $1,892 $2,121
19107, Philadelphia, PA $1,203 $1,924 $2,803 $1,997
19125, Philadelphia, PA $1,315 $1,575 $1,895 $1,795
19130, Philadelphia, PA $1,470 $1,800 $2,195 $2,130
19123, Philadelphia, PA $1,313 $1,607 $2,200 $1,810
19147, Philadelphia, PA $1,225 $1,775 $2,300 $2,028

Frequently Asked Questions - 19131 Average Rents

What is the average rent price in 19131, Philadelphia, PA?
The average monthly rental price for 19131, Philadelphia, PA apartments for rent is approximately $1,625. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 19131, 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 19131, Philadelphia, PA.
How much is a studio apartment in 19131, Philadelphia, PA?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in 19131.
How much is a one bedroom apartment in 19131, Philadelphia, PA?
The average monthly rental price for one bedroom apartments is $1,200 and an average price per square feet of $0.81. There are a total of 5 one bedroom apartment listings currently available for rent in 19131.
How much is a two bedroom apartment in 19131, Philadelphia, PA?
The average monthly rental price for two bedroom apartments is $1,395 and an average price per square feet of $1.20. There are a total of 11 two bedroom apartment listings currently available for rent in 19131.
How have rent prices in 19131, Philadelphia, PA changed this year?
Rent prices for rentals in 19131, Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by 0.13%, one bedroom rental prices have changed by -0.29%, two bedroom rental prices have changed by -0.09%, and three bedroom rental prices have changed by 0.04% year-over-year.
What is a reasonable rent price in 19131, Philadelphia, PA?
A reasonable rent price in 19131, Philadelphia, PA is around $1,300/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast