Average Rent in 19140, Philadelphia, PA

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Current Versus Historical 19140, Philadelphia, PA Rents

19140 rentals average $0 for a studio rental to $2,100 for a 4-bedroom rental. The median price of all currently available listings is $1,250, or roughly $1 per square feet.
For the apartment units and housing in May 2024, median rents have risen over the last year. Studio rentals prices have increased by $1,258 (72.25%) year-over-year from $1,742 to $3,000. 1-bedroom rentals prices have increased by $79 (8.84%) year-over-year from $896 to $975. 2-bedroom rentals prices have increased by $138 (11.83%) year-over-year from $1,163 to $1,300. 3-bedroom rentals prices have increased by $113 (8.41%) year-over-year from $1,338 to $1,450. 4-bedroom rentals prices have increased by $1,217 (68.26%) year-over-year from $1,783 to $3,000. 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 17.26% this month. 1-bedroom rents have gone up by 0.17% this month. 2-bedroom rents have gone up by 5.41% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 24.69% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $0.46 $975 $896 (8.84%) $763 (27.87%)
2 BR $0.87 $1,300 $1,163 (11.83%) $978 (32.99%)
3 BR $1.29 $1,450 $1,338 (8.41%) $1,200 (20.83%)
4+ BR $1.39 $3,000 $1,783 (68.26%) $1,375 (118.18%)

Historical Rents in 19140, Philadelphia, PA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 19140

There are a total of 5 cities nearby 19140. The average rent in 19140 is currently $2,250 per month. 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 19140, Philadelphia, PA is Glassboro, NJ. Monthly rents here are on average $2,975 per month.

Let's compare 19140, Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 19140, Philadelphia, PA is inf% more affordable than other cities nearby. One bedrooms are about 71.85% more affordable. Two bedrooms in 19140, Philadelphia, PA are about 45.77% more affordable. Finally, rent for three bedrooms are about 69.64% more affordable. Want more information? Check out the top 5 cities near 19140, Philadelphia, PA in the following chart.
City Studio 1 Bed 2 Bed All
Wilmington, DE $1,548 $1,545 $1,895 $1,600
Philadelphia, PA $1,350 $1,676 $1,833 $1,800
Lansdale, PA $2,055 $2,438 $2,746 $2,250
King of Prussia, PA N/A $2,087 $2,639 $2,388
Glassboro, NJ N/A N/A $1,500 $2,975

Top Neighborhoods Near 19140

There are a total of 30 neighborhoods in or near 19140. Some of these neighborhoods include Haddington, Cobbs Creek, and Germantown. We've included all of these top 30 neighborhoods in or near 19140, Philadelphia, PA in the following chart.

The average rent for these 30 neighborhoods in or near 19140, Philadelphia, PA is currently around $1,897 per month. Meaning, only thirty neighborhoods have a higher average rent than $1,897. Interestingly, the neighborhoods' average rent is higher than 19140's average rent, which is only $1,250. Out of all the neighborhoods in or near 19140, Haddington has the most affordable average rent at $1,285 per month. Whereas, at $2,941 average rent per month, University City is the most expensive neighborhood in or near 19140. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Haddington, Philadelphia, PA $1,077 $1,200 $1,275 $1,285
Cobbs Creek, Philadelphia, PA N/A $1,100 $1,350 $1,350
Germantown, Philadelphia, PA $1,155 $1,291 $1,814 $1,375
Kingsessing, Philadelphia, PA $1,038 $1,250 $1,500 $1,400
Port Richmond, Philadelphia, PA $1,500 $1,195 $1,430 $1,500
South Philadelphia West, Philadelphia, PA $1,038 $1,325 $1,600 $1,550
North Philadelphia West, Philadelphia, PA $1,200 $1,421 $1,600 $1,650
Roxborough, Philadelphia, PA $1,338 $1,625 $1,888 $1,663
North Philadelphia East, Philadelphia, PA $1,300 $1,404 $1,672 $1,675
Kensington, Philadelphia, PA $1,100 $1,550 $1,800 $1,750
Point Breeze, Philadelphia, PA $1,299 $1,425 $1,800 $1,795
Spruce Hill, Philadelphia, PA $925 $1,185 $1,850 $1,798
East Germantown, Philadelphia, PA $1,375 $1,500 $1,698 $1,802
Avenue of the Arts North, Philadelphia, PA $750 $1,700 $1,600 $1,850
Washington Square West, Philadelphia, PA $1,225 $1,895 $2,200 $1,895
Manayunk, Philadelphia, PA $1,420 $1,500 $1,995 $1,899
Northern Liberties - Fishtown, Philadelphia, PA $1,384 $1,695 $2,353 $1,900
West Powelton, Philadelphia, PA N/A $1,653 $1,700 $1,962
Bella Vista - Southwark, Philadelphia, PA $1,095 $1,575 $2,250 $2,000
Center City East, Philadelphia, PA $1,343 $1,900 $2,743 $2,019
Queen Village - Pennsport, Philadelphia, PA N/A $1,413 $1,950 $2,060
Graduate Hospital, Philadelphia, PA $1,342 $1,695 $2,473 $2,077
Fairmount - Art Museum, Philadelphia, PA $1,503 $1,750 $2,200 $2,100
Center City West, Philadelphia, PA $1,480 $2,065 $3,253 $2,105
Rittenhouse Square, Philadelphia, PA $1,572 $2,144 $3,336 $2,106
Avenue of the Arts South, Philadelphia, PA $1,690 $2,067 $2,995 $2,130
Logan Square, Philadelphia, PA $1,724 $2,260 $3,600 $2,370
Fitler Square, Philadelphia, PA $1,725 $2,198 $3,539 $2,395
Mantua, Philadelphia, PA N/A $1,300 $1,750 $2,400
University City, Philadelphia, PA $1,328 $2,941 $4,269 $2,941

Top Counties Near 19140

There are a total of 30 counties located by 19140, Philadelphia, PA. Some of these counties include Wilmington, DE, Philadelphia, PA, and Lower Merion, PA. The average rent for rentals in these counties is $2,225. That's roughly around $2 per sqft. 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 $2,975, Glassboro, NJ is the most expensive county by 19140, Philadelphia, PA.

Typically, rent for studios in 19140, Philadelphia, PA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 19140, Philadelphia, PA is 74.51% more affordable than other counties nearby. Finally, rent for two bedrooms in 19140, Philadelphia, PA is 63.85% 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 $1,545 $1,895 $1,600
Philadelphia, PA $1,350 $1,676 $1,833 $1,800
Lower Merion, PA $1,776 $1,728 $2,365 $2,200
Lansdale, PA $2,055 $2,438 $2,746 $2,250
Upper Merion, PA N/A $2,087 $2,629 $2,380
Glassboro, NJ N/A N/A $1,500 $2,975

Top Zipcodes Near 19140

There are a total of 25 zipcodes in or near 19140, Philadelphia, PA. The average rent for all of these zipcodes is $1,800.

The following chart includes the top 10 zipcodes in 19140, 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 $1,225 $1,425 $1,600 $1,750
19103, Philadelphia, PA $1,624 $2,150 $3,539 $2,198
19146, Philadelphia, PA $1,329 $1,599 $1,998 $1,800
19122, Philadelphia, PA $1,345 $1,495 $1,750 $1,700
19104, Philadelphia, PA $1,312 $2,163 $1,900 $2,100
19107, Philadelphia, PA $1,200 $1,922 $2,675 $1,950
19125, Philadelphia, PA $1,305 $1,591 $1,885 $1,800
19130, Philadelphia, PA $1,473 $1,750 $2,200 $2,050
19123, Philadelphia, PA $1,300 $1,611 $2,250 $1,950
19147, Philadelphia, PA $1,225 $1,800 $2,259 $2,100

Frequently Asked Questions - 19140 Average Rents

What is the average rent price in 19140, Philadelphia, PA?
The average monthly rental price for 19140, Philadelphia, PA apartments for rent is approximately $1,250. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 19140, 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 19140, Philadelphia, PA.
How much is a studio apartment in 19140, 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 19140.
How much is a one bedroom apartment in 19140, Philadelphia, PA?
The average monthly rental price for one bedroom apartments is $975 and an average price per square feet of $0.46. There are a total of 21 one bedroom apartment listings currently available for rent in 19140.
How much is a two bedroom apartment in 19140, Philadelphia, PA?
The average monthly rental price for two bedroom apartments is $1,300 and an average price per square feet of $0.87. There are a total of 24 two bedroom apartment listings currently available for rent in 19140.
How have rent prices in 19140, Philadelphia, PA changed this year?
Rent prices for rentals in 19140, Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by 0.72%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by 0.12%, and three bedroom rental prices have changed by 0.08% year-over-year.
What is a reasonable rent price in 19140, Philadelphia, PA?
A reasonable rent price in 19140, Philadelphia, PA is around $1,000/month. You can search for these reasonably priced rental listings on RentHop.
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