Average Rent in East Falls, Philadelphia, PA

Current Versus Historical East Falls, Philadelphia, PA Rents

East Falls rentals average $1,300 for a studio rental to $2,600 for a 4-bedroom rental. The median price of all currently available listings is $1,600, 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 $8 (0.61%) year-over-year from $1,291 to $1,299. 1-bedroom rentals prices have decreased by $216 (-14.71%) year-over-year from $1,466 to $1,250. 2-bedroom rentals prices have decreased by $164 (-8.57%) year-over-year from $1,914 to $1,750. 3-bedroom rentals prices have decreased by $50 (-2.22%) year-over-year from $2,250 to $2,200. 4-bedroom rentals prices have decreased by $408 (-13.80%) year-over-year from $2,958 to $2,550. 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 6.83% this month. 1-bedroom rents have gone down by 5.03% this month. 2-bedroom rents have gone down by 3.47% this month. 3-bedroom rents have gone up by 6.45% this month. 4-bedroom rents have gone down by 25.00% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.13	$1,299	$1,291 (0.61%)	$1,294 (0.41%)
1 BR	$1.95	$1,250	$1,466 (-14.71%)	$1,349 (-7.36%)
2 BR	$1.34	$1,750	$1,914 (-8.57%)	$1,711 (2.27%)
3 BR	$1.44	$2,200	$2,250 (-2.22%)	$1,788 (23.08%)
4+ BR	$1.25	$2,550	$2,958 (-13.80%)	$2,183 (16.79%)

Historical Rents in East Falls, Philadelphia, PA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near East Falls

There are a total of 3 cities nearby East Falls. The average rent in East Falls is currently $2,313 per month. Our records show that Philadelphia, PA, with an average rent of $1,823, is the most affordable city nearby. In contrast, the most expensive city near East Falls, Philadelphia, PA is Glassboro, NJ. Monthly rents here are on average $2,900 per month.

Let's compare East Falls, Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in East Falls, Philadelphia, PA is 7.62% more affordable than other cities nearby. One bedrooms are about 41.19% more affordable. Two bedrooms in East Falls, Philadelphia, PA are about 23.33% more affordable. Finally, rent for three bedrooms are about 4.35% more affordable. Want more information? Check out the top 3 cities near East Falls, Philadelphia, PA in the following chart.

City	Studio	1 Bed	2 Bed	All
Philadelphia, PA	$1,399	$1,726	$1,850	$1,823
King of Prussia, PA	$1,673	$2,052	$2,546	$2,313
Glassboro, NJ	N/A	N/A	$1,500	$2,900

Top Neighborhoods Near East Falls

There are a total of 20 neighborhoods in or near East Falls. Some of these neighborhoods include Germantown, South Philadelphia West, and North Philadelphia East. We've included all of these top 20 neighborhoods in or near East Falls, Philadelphia, PA in the following chart.

The average rent for these 20 neighborhoods in or near East Falls, Philadelphia, PA is currently around $1,974 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only eighteen neighborhoods have a higher average rent than $1,974. Interestingly, the neighborhoods' average rent is higher than East Falls's average rent, which is only $1,600. Out of all the neighborhoods in or near East Falls, Germantown has the most affordable average rent at $1,450 per month. Whereas, at $3,011 average rent per month, University City is the most expensive neighborhood in or near East Falls. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Germantown, Philadelphia, PA	$900	$1,338	$1,832	$1,450
South Philadelphia West, Philadelphia, PA	$950	$1,265	$1,600	$1,600
North Philadelphia East, Philadelphia, PA	$1,295	$1,447	$1,738	$1,618
North Philadelphia West, Philadelphia, PA	$1,110	$1,208	$1,600	$1,700
Point Breeze, Philadelphia, PA	$1,315	$1,395	$1,800	$1,795
Avenue of the Arts North, Philadelphia, PA	$1,000	$1,670	$1,850	$1,800
Kensington, Philadelphia, PA	$1,493	$1,595	$1,800	$1,800
Northern Liberties - Fishtown, Philadelphia, PA	$1,329	$1,695	$2,353	$1,810
Graduate Hospital, Philadelphia, PA	$1,410	$1,695	$2,148	$1,900
Washington Square West, Philadelphia, PA	$1,275	$1,895	$2,675	$1,950
Manayunk, Philadelphia, PA	$1,420	$1,550	$1,925	$1,998
Rittenhouse Square, Philadelphia, PA	$1,564	$2,100	$3,250	$2,000
Center City East, Philadelphia, PA	$1,650	$1,900	$2,895	$2,025
Center City West, Philadelphia, PA	$1,390	$2,054	$3,195	$2,080
Bella Vista - Southwark, Philadelphia, PA	$1,145	$1,800	$2,259	$2,100
Avenue of the Arts South, Philadelphia, PA	$1,745	$2,119	$3,018	$2,175
Fairmount - Art Museum, Philadelphia, PA	$1,547	$1,828	$2,200	$2,200
Logan Square, Philadelphia, PA	$1,623	$2,185	$3,429	$2,315
Fitler Square, Philadelphia, PA	$1,868	$2,100	$3,692	$2,493
University City, Philadelphia, PA	$1,312	$2,973	$4,299	$3,011

Top Counties Near East Falls

There are a total of 20 counties located by East Falls, Philadelphia, PA. Some of these counties include Philadelphia, PA, Camden, NJ, and Delaware, PA. The average rent for rentals in these counties is $2,425. That's roughly around $2 per sqft. The county that is the most affordable is Philadelphia, PA. It's average rent per month is $1,823. Vice versa, with an average rent of $2,850, Mercer, NJ is the most expensive county by East Falls, Philadelphia, PA.

Typically, rent for studios in East Falls, Philadelphia, PA is 11.54% more expensive than other counties nearby. In comparison, rent for one bedroom listings in East Falls, Philadelphia, PA is 35.42% more affordable than other counties nearby. Finally, rent for two bedrooms in East Falls, Philadelphia, PA is 31.67% 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	$1,399	$1,726	$1,850	$1,823
Camden, NJ	$1,386	$1,585	$1,800	$1,950
Delaware, PA	$1,150	$1,375	$1,725	$1,999
Montgomery, PA	$1,683	$1,903	$2,200	$2,355
Bucks, PA	$1,150	$1,750	$2,300	$2,495
Burlington, NJ	N/A	$1,450	$2,100	$2,500
Gloucester, NJ	N/A	$1,400	$1,730	$2,600
Mercer, NJ	N/A	$2,000	$2,400	$2,850

Top Zipcodes Near East Falls

There are a total of 21 zipcodes in or near East Falls, Philadelphia, PA. The average rent for all of these zipcodes is $1,815. A total of 4 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 $1,335 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 $1,329. 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 East Falls, Philadelphia, PA is $1,552 per month. Or in other words, $3 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 East Falls, Philadelphia, PA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
19144, Philadelphia, PA	$1,128	$1,450	$1,850	$1,571
19121, Philadelphia, PA	$1,029	$1,250	$1,600	$1,750
19128, Philadelphia, PA	$1,338	$1,598	$1,925	$1,815
19130, Philadelphia, PA	$1,494	$1,715	$2,195	$2,100
19122, Philadelphia, PA	$1,295	$1,495	$1,800	$1,745
19104, Philadelphia, PA	$1,303	$2,826	$2,016	$2,300
19123, Philadelphia, PA	$1,330	$1,595	$2,325	$1,890
19125, Philadelphia, PA	$1,329	$1,552	$1,895	$1,800
19139, Philadelphia, PA	$1,050	$990	$1,295	$1,335
19103, Philadelphia, PA	$1,603	$2,100	$3,353	$2,168

Frequently Asked Questions - East Falls Average Rents

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

The average monthly rental price for East Falls, Philadelphia, PA apartments for rent is approximately $1,600. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do East Falls, 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 East Falls, Philadelphia, PA.

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

The average monthly rental price for studio apartments is $1,300 and an average price per square feet of $2.13. There are a total of 2 studio apartment listings currently available for rent in East Falls.

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

The average monthly rental price for one bedroom apartments is $1,223 and an average price per square feet of $1.95. There are a total of 8 one bedroom apartment listings currently available for rent in East Falls.

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

The average monthly rental price for two bedroom apartments is $1,500 and an average price per square feet of $1.34. There are a total of 7 two bedroom apartment listings currently available for rent in East Falls.

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

Rent prices for rentals in East Falls, Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by 0.01%, one bedroom rental prices have changed by -0.15%, two bedroom rental prices have changed by -0.09%, and three bedroom rental prices have changed by -0.02% year-over-year.

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

A reasonable rent price in East Falls, Philadelphia, PA is around $1,280/month. You can search for these reasonably priced rental listings on RentHop.