Average Rent in 19148, Philadelphia, PA

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Current Versus Historical 19148, Philadelphia, PA Rents

19148 rentals average $1,095 for a studio rental to $2,245 for a 4-bedroom rental. The median price of all currently available listings is $1,650, or roughly $2 per square feet.

For the apartment units and housing in May 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $538 (-32.96%) year-over-year from $1,633 to $1,095. 1-bedroom rentals prices have decreased by $142 (-10.56%) year-over-year from $1,342 to $1,200. 2-bedroom rentals prices have decreased by $100 (-5.56%) year-over-year from $1,800 to $1,700. 3-bedroom rentals prices have increased by $84 (4.39%) year-over-year from $1,916 to $2,000. 4-bedroom rentals prices have decreased by $99 (-3.68%) year-over-year from $2,694 to $2,595. 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 16.15% this month. 1-bedroom rents have gone down by 6.80% this month. 2-bedroom rents have gone down by 0.58% this month. 3-bedroom rents have gone up by 3.99% this month. 4-bedroom rents have gone up by 2.57% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$1.78	$1,095	$1,633 (-32.96%)	$818 (33.89%)
1 BR	$1.69	$1,200	$1,342 (-10.56%)	$1,150 (4.35%)
2 BR	$1.68	$1,700	$1,800 (-5.56%)	$1,348 (26.08%)
3 BR	$1.58	$2,000	$1,916 (4.39%)	$1,674 (19.46%)
4+ BR	$1.05	$2,595	$2,694 (-3.68%)	$2,032 (27.73%)

Historical Rents in 19148, Philadelphia, PA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 19148

There are a total of 5 cities nearby 19148. The average rent in 19148 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 19148, Philadelphia, PA is Glassboro, NJ. Monthly rents here are on average $2,900 per month.

Let's compare 19148, Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 19148, Philadelphia, PA is 41.32% more affordable than other cities nearby. One bedrooms are about 22.16% more affordable. Two bedrooms in 19148, Philadelphia, PA are about 10.15% more affordable. Finally, rent for three bedrooms are about 20.51% more affordable. Want more information? Check out the top 5 cities near 19148, Philadelphia, PA in the following chart.

City	Studio	1 Bed	2 Bed	All
Wilmington, DE	$1,548	$1,545	$1,795	$1,600
Philadelphia, PA	$1,350	$1,695	$1,818	$1,800
Lansdale, PA	$2,358	$2,207	$2,869	$2,207
King of Prussia, PA	$1,696	$2,080	$2,619	$2,346
Glassboro, NJ	N/A	N/A	$1,500	$2,900

Top Neighborhoods Near 19148

There are a total of 29 neighborhoods in or near 19148. Some of these neighborhoods include Haddington, Cobbs Creek, and Germantown. We've included all of these top 29 neighborhoods in or near 19148, Philadelphia, PA in the following chart.

The average rent for these 29 neighborhoods in or near 19148, Philadelphia, PA is currently around $1,850 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only twenty-two neighborhoods have a higher average rent than $1,850. Interestingly, the neighborhoods' average rent is higher than 19148's average rent, which is only $1,650. Out of all the neighborhoods in or near 19148, Haddington has the most affordable average rent at $1,285 per month. Whereas, at $3,001 average rent per month, University City is the most expensive neighborhood in or near 19148. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Haddington, Philadelphia, PA	$1,077	$1,225	$1,275	$1,285
Cobbs Creek, Philadelphia, PA	N/A	$1,050	$1,350	$1,350
Germantown, Philadelphia, PA	$900	$1,291	$1,850	$1,425
Kingsessing, Philadelphia, PA	$1,038	$1,250	$1,525	$1,450
Port Richmond, Philadelphia, PA	$1,500	$1,195	$1,430	$1,500
South Philadelphia West, Philadelphia, PA	$1,038	$1,325	$1,550	$1,550
Roxborough, Philadelphia, PA	$1,325	$1,613	$1,875	$1,650
North Philadelphia East, Philadelphia, PA	$1,295	$1,404	$1,668	$1,652
North Philadelphia West, Philadelphia, PA	$1,225	$1,421	$1,600	$1,700
Kensington, Philadelphia, PA	$1,234	$1,550	$1,795	$1,768
Point Breeze, Philadelphia, PA	$1,307	$1,397	$1,800	$1,795
Spruce Hill, Philadelphia, PA	$925	$1,184	$1,850	$1,795
East Germantown, Philadelphia, PA	$1,375	$1,525	$1,700	$1,840
Avenue of the Arts North, Philadelphia, PA	$750	$1,730	$1,600	$1,850
Northern Liberties - Fishtown, Philadelphia, PA	$1,384	$1,727	$2,325	$1,850
Washington Square West, Philadelphia, PA	$1,205	$1,895	$2,253	$1,895
West Powelton, Philadelphia, PA	$1,321	$1,640	$1,700	$1,900
Manayunk, Philadelphia, PA	$1,420	$1,538	$1,995	$1,973
Bella Vista - Southwark, Philadelphia, PA	$1,095	$1,750	$2,195	$1,985
Graduate Hospital, Philadelphia, PA	$1,395	$1,695	$2,350	$1,995
Center City East, Philadelphia, PA	$1,325	$1,900	$2,795	$2,097
Rittenhouse Square, Philadelphia, PA	$1,572	$2,144	$3,358	$2,120
Avenue of the Arts South, Philadelphia, PA	$1,690	$2,074	$2,992	$2,130
Fairmount - Art Museum, Philadelphia, PA	$1,462	$1,733	$2,200	$2,137
Center City West, Philadelphia, PA	$1,473	$2,098	$3,255	$2,150
Mantua, Philadelphia, PA	N/A	$1,320	$1,700	$2,288
Fitler Square, Philadelphia, PA	$1,785	$2,198	$3,539	$2,400
Logan Square, Philadelphia, PA	$1,664	$2,365	$3,600	$2,482
University City, Philadelphia, PA	$1,343	$2,964	$4,299	$3,001

Top Counties Near 19148

There are a total of 29 counties located by 19148, Philadelphia, PA. Some of these counties include Philadelphia, PA, Camden, NJ, and Delaware, PA. The average rent for rentals in these counties is $2,433. 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 $2,895, Mercer, NJ is the most expensive county by 19148, Philadelphia, PA.

Typically, rent for studios in 19148, Philadelphia, PA is 11.87% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 19148, Philadelphia, PA is 18.47% more affordable than other counties nearby. Finally, rent for two bedrooms in 19148, Philadelphia, PA is 19.70% 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	$1,695	$1,818	$1,800
Camden, NJ	$1,300	$1,593	$1,850	$1,950
Delaware, PA	$1,150	$1,275	$1,700	$1,950
Montgomery, PA	$2,221	$1,968	$2,150	$2,366
Burlington, NJ	N/A	$1,500	$2,100	$2,500
Bucks, PA	$1,150	$1,850	$2,300	$2,500
Gloucester, NJ	$1,300	$1,400	$1,735	$2,700
Mercer, NJ	N/A	$1,750	$2,400	$2,895

Top Zipcodes Near 19148

There are a total of 26 zipcodes in or near 19148, Philadelphia, PA. The average rent for all of these zipcodes is $1,798. A total of 9 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 $1,250 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 $1,312. 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 19148, Philadelphia, PA is $1,573 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,904 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 19148, 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	$1,228	$1,425	$1,600	$1,750
19103, Philadelphia, PA	$1,606	$2,185	$3,539	$2,220
19146, Philadelphia, PA	$1,333	$1,550	$1,955	$1,795
19122, Philadelphia, PA	$1,295	$1,495	$1,750	$1,695
19104, Philadelphia, PA	$1,312	$2,223	$1,892	$2,121
19107, Philadelphia, PA	$1,200	$1,925	$2,695	$1,995
19125, Philadelphia, PA	$1,315	$1,595	$1,895	$1,800
19130, Philadelphia, PA	$1,451	$1,740	$2,200	$2,100
19123, Philadelphia, PA	$1,313	$1,611	$2,200	$1,850
19147, Philadelphia, PA	$1,225	$1,800	$2,259	$2,000

Frequently Asked Questions - 19148 Average Rents

What is the average rent price in 19148, Philadelphia, PA?

The average monthly rental price for 19148, Philadelphia, PA apartments for rent is approximately $1,650. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 19148, 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 19148, Philadelphia, PA.

How much is a studio apartment in 19148, Philadelphia, PA?

The average monthly rental price for studio apartments is $1,095 and an average price per square feet of $1.78. There are a total of 6 studio apartment listings currently available for rent in 19148.

How much is a one bedroom apartment in 19148, Philadelphia, PA?

The average monthly rental price for one bedroom apartments is $1,388 and an average price per square feet of $1.69. There are a total of 12 one bedroom apartment listings currently available for rent in 19148.

How much is a two bedroom apartment in 19148, Philadelphia, PA?

The average monthly rental price for two bedroom apartments is $1,650 and an average price per square feet of $1.68. There are a total of 34 two bedroom apartment listings currently available for rent in 19148.

How have rent prices in 19148, Philadelphia, PA changed this year?

Rent prices for rentals in 19148, Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by -0.33%, one bedroom rental prices have changed by -0.11%, two bedroom rental prices have changed by -0.06%, and three bedroom rental prices have changed by 0.04% year-over-year.

What is a reasonable rent price in 19148, Philadelphia, PA?

A reasonable rent price in 19148, Philadelphia, PA is around $1,320/month. You can search for these reasonably priced rental listings on RentHop.