Average Rent in Center City East, Philadelphia, PA

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Current Versus Historical Center City East, Philadelphia, PA Rents

Center City East rentals average $1,335 for a studio rental to $4,000 for a 4-bedroom rental. The median price of all currently available listings is $2,022, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $534 (-23.62%) year-over-year from $2,259 to $1,725. 1-bedroom rentals prices have decreased by $60 (-3.08%) year-over-year from $1,960 to $1,900. 2-bedroom rentals prices have decreased by $77 (-2.80%) year-over-year from $2,752 to $2,675. 3-bedroom rentals prices have increased by $433 (11.83%) year-over-year from $3,664 to $4,098. 4-bedroom rentals prices have increased by $550 (10.89%) year-over-year from $5,050 to $5,600. 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 2.49% this month. 1-bedroom rents have gone up by 5.85% this month. 2-bedroom rents have gone up by 5.66% this month. 3-bedroom rents have gone down by 23.16% this month. 4-bedroom rents have gone up by 27.27% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.88	$1,725	$2,259 (-23.62%)	$1,568 (10.01%)
1 BR	$2.81	$1,900	$1,960 (-3.08%)	$1,547 (22.84%)
2 BR	$2.68	$2,675	$2,752 (-2.80%)	$2,143 (24.81%)
3 BR	$2.86	$4,098	$3,664 (11.83%)	$4,369 (-6.20%)
4+ BR	$1.62	$5,600	$5,050 (10.89%)	$6,175 (-9.31%)

Historical Rents in Center City East, Philadelphia, PA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Center City East

There are a total of 5 cities nearby Center City East. The average rent in Center City East is currently $2,371 per month. A total of 2 cities nearby have 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 Center City East, Philadelphia, PA is Glassboro, NJ. Monthly rents here are on average $3,000 per month.

Let's compare Center City East, Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Center City East, Philadelphia, PA is 2.43% more affordable than other cities nearby. One bedrooms are about 11.21% more expensive. Two bedrooms in Center City East, Philadelphia, PA are about 31.91% more expensive. Finally, rent for three bedrooms are about 59.98% more expensive. Want more information? Check out the top 5 cities near Center City East, Philadelphia, PA in the following chart.

City	Studio	1 Bed	2 Bed	All
Wilmington, DE	$1,045	$1,600	$1,772	$1,600
Philadelphia, PA	$1,368	$1,687	$1,835	$1,800
King of Prussia, PA	$1,680	$2,052	$2,595	$2,371
Lansdale, PA	$2,411	$2,558	$3,245	$2,558
Glassboro, NJ	N/A	N/A	$1,600	$3,000

Top Neighborhoods Near Center City East

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

The average rent for these 30 neighborhoods in or near Center City East, Philadelphia, PA is currently around $1,848 per month. A total of 21 neighborhoods have a lower average rent. Meaning, only nine neighborhoods have a higher average rent than $1,848. Out of all the neighborhoods in or near Center City East, Haddington has the most affordable average rent at $1,323 per month. Whereas, at $3,092 average rent per month, University City is the most expensive neighborhood in or near Center City East. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Haddington, Philadelphia, PA	$1,050	$1,175	$1,275	$1,323
Cobbs Creek, Philadelphia, PA	N/A	$1,000	$1,300	$1,350
Kingsessing, Philadelphia, PA	$1,100	$1,225	$1,550	$1,400
Germantown, Philadelphia, PA	$900	$1,256	$1,850	$1,438
Port Richmond, Philadelphia, PA	$1,500	$1,198	$1,450	$1,500
South Philadelphia West, Philadelphia, PA	$1,095	$1,275	$1,600	$1,600
Roxborough, Philadelphia, PA	$1,350	$1,600	$1,888	$1,638
North Philadelphia East, Philadelphia, PA	$1,298	$1,425	$1,661	$1,650
North Philadelphia West, Philadelphia, PA	$1,228	$1,420	$1,600	$1,650
Spruce Hill, Philadelphia, PA	$895	$1,168	$1,718	$1,725
East Falls, Philadelphia, PA	$1,500	$1,650	$1,963	$1,775
Kensington, Philadelphia, PA	$1,161	$1,595	$1,800	$1,777
Point Breeze, Philadelphia, PA	$1,315	$1,375	$1,800	$1,795
Northern Liberties - Fishtown, Philadelphia, PA	$1,329	$1,698	$2,300	$1,800
Washington Square West, Philadelphia, PA	$1,248	$1,795	$2,253	$1,845
East Germantown, Philadelphia, PA	$1,375	$1,840	$1,700	$1,850
Avenue of the Arts North, Philadelphia, PA	$750	$1,800	$1,495	$1,850
West Powelton, Philadelphia, PA	$1,246	$1,535	$1,750	$1,900
Manayunk, Philadelphia, PA	$1,410	$1,569	$1,925	$1,900
Queen Village - Pennsport, Philadelphia, PA	N/A	$1,400	$1,963	$1,985
Graduate Hospital, Philadelphia, PA	$1,195	$1,695	$2,195	$1,995
Rittenhouse Square, Philadelphia, PA	$1,572	$2,144	$2,750	$2,102
Center City West, Philadelphia, PA	$1,475	$2,080	$3,358	$2,103
Bella Vista - Southwark, Philadelphia, PA	$1,145	$1,550	$2,200	$2,150
Avenue of the Arts South, Philadelphia, PA	$1,750	$2,100	$3,012	$2,160
Fairmount - Art Museum, Philadelphia, PA	$1,494	$1,700	$2,200	$2,195
Fitler Square, Philadelphia, PA	$1,673	$2,148	$3,520	$2,195
Mantua, Philadelphia, PA	N/A	$1,320	$1,598	$2,400
Logan Square, Philadelphia, PA	$1,653	$2,280	$3,440	$2,469
University City, Philadelphia, PA	$1,423	$3,000	$4,305	$3,092

Top Counties Near Center City East

There are a total of 30 counties located by Center City East, Philadelphia, PA. Some of these counties include Wilmington, DE, Philadelphia, PA, and Lower Merion, PA. The average rent for rentals in these counties is $2,317. That's roughly around $2 per sqft. A total of 2 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 $3,000, Glassboro, NJ is the most expensive county by Center City East, Philadelphia, PA.

Typically, rent for studios in Center City East, Philadelphia, PA is 14.14% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Center City East, Philadelphia, PA is 8.17% more expensive than other counties nearby. Finally, rent for two bedrooms in Center City East, Philadelphia, PA is 22.36% more expensive than other counties nearby. We've listed the top 6 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Wilmington, DE	$1,045	$1,600	$1,772	$1,600
Philadelphia, PA	$1,368	$1,687	$1,835	$1,800
Lower Merion, PA	$1,691	$1,803	$2,350	$2,263
Upper Merion, PA	$1,680	$2,052	$2,559	$2,371
Lansdale, PA	$2,411	$2,558	$3,245	$2,558
Glassboro, NJ	N/A	N/A	$1,600	$3,000

Top Zipcodes Near Center City East

There are a total of 27 zipcodes in or near Center City East, Philadelphia, PA. The average rent for all of these zipcodes is $1,795. A total of 18 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 19139, Philadelphia, PA at $1,350 per month. In comparison, the zipcode with the most expensive average rent of $3,000 per month is 08028, Glassboro, NJ.

Studios in these zipcodes have an average rent of $1,300. 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 Center City East, Philadelphia, PA is $1,595 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,879 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Center City East, Philadelphia, PA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
19107, Philadelphia, PA	$1,203	$1,911	$2,583	$1,950
19106, Philadelphia, PA	$1,663	$1,975	$2,715	$2,203
19102, Philadelphia, PA	$1,495	$2,160	$3,195	$2,190
19147, Philadelphia, PA	$1,148	$1,750	$2,277	$2,060
19103, Philadelphia, PA	$1,595	$2,185	$3,435	$2,200
19123, Philadelphia, PA	$1,300	$1,607	$2,200	$1,800
19122, Philadelphia, PA	$1,317	$1,475	$1,764	$1,725
19130, Philadelphia, PA	$1,489	$1,715	$2,195	$2,124
19146, Philadelphia, PA	$1,315	$1,539	$1,925	$1,795
19125, Philadelphia, PA	$1,285	$1,600	$1,873	$1,800

Frequently Asked Questions - Center City East Average Rents

What is the average rent price in Center City East, Philadelphia, PA?

The average monthly rental price for Center City East, Philadelphia, PA apartments for rent is approximately $2,022. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Center City East, 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 Center City East, Philadelphia, PA.

How much is a studio apartment in Center City East, Philadelphia, PA?

The average monthly rental price for studio apartments is $1,335 and an average price per square feet of $3.88. There are a total of 47 studio apartment listings currently available for rent in Center City East.

How much is a one bedroom apartment in Center City East, Philadelphia, PA?

The average monthly rental price for one bedroom apartments is $1,900 and an average price per square feet of $2.81. There are a total of 159 one bedroom apartment listings currently available for rent in Center City East.

How much is a two bedroom apartment in Center City East, Philadelphia, PA?

The average monthly rental price for two bedroom apartments is $2,695 and an average price per square feet of $2.68. There are a total of 89 two bedroom apartment listings currently available for rent in Center City East.

How have rent prices in Center City East, Philadelphia, PA changed this year?

Rent prices for rentals in Center City East, Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by -0.24%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by -0.03%, and three bedroom rental prices have changed by 0.12% year-over-year.

What is a reasonable rent price in Center City East, Philadelphia, PA?

A reasonable rent price in Center City East, Philadelphia, PA is around $1,618/month. You can search for these reasonably priced rental listings on RentHop.