Average Rent in Northwest Philadelphia, Philadelphia, PA

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Current Versus Historical Northwest Philadelphia, Philadelphia, PA Rents

Northwest Philadelphia rentals average $1,325 for a studio rental to $2,600 for a 4-bedroom rental. The median price of all currently available listings is $1,725, or roughly $2 per square feet.

For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $72 (5.72%) year-over-year from $1,253 to $1,325. 1-bedroom rentals prices have increased by $138 (10.13%) year-over-year from $1,362 to $1,500. 2-bedroom rentals prices have increased by $107 (5.86%) year-over-year from $1,832 to $1,939. 3-bedroom rentals prices have decreased by $70 (-3.34%) year-over-year from $2,095 to $2,025. 4-bedroom rentals prices have decreased by $636 (-22.05%) year-over-year from $2,883 to $2,248. 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 2.90% this month. 1-bedroom rents have gone up by 5.91% this month. 2-bedroom rents have gone up by 6.56% this month. 3-bedroom rents have gone down by 2.41% this month. 4-bedroom rents have gone down by 8.23% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.75	$1,325	$1,253 (5.72%)	$1,065 (24.39%)
1 BR	$2.31	$1,500	$1,362 (10.13%)	$1,158 (29.50%)
2 BR	$2.00	$1,939	$1,832 (5.86%)	$1,503 (28.99%)
3 BR	$1.68	$2,025	$2,095 (-3.34%)	$1,725 (17.39%)
4+ BR	$1.44	$2,248	$2,883 (-22.05%)	$2,362 (-4.83%)

Historical Rents in Northwest Philadelphia, Philadelphia, PA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Northwest Philadelphia

There are a total of 5 cities nearby Northwest Philadelphia. The average rent in Northwest Philadelphia is currently $2,293 per month. Only one city nearby has an average rent lower than that. Our records show that Wilmington, DE, with an average rent of $1,595, is the most affordable city nearby. In contrast, the most expensive city near Northwest Philadelphia, Philadelphia, PA is Glassboro, NJ. Monthly rents here are on average $2,900 per month.

Let's compare Northwest Philadelphia, Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Northwest Philadelphia, Philadelphia, PA is 2.64% more affordable than other cities nearby. One bedrooms are about 12.94% more affordable. Two bedrooms in Northwest Philadelphia, Philadelphia, PA are about 4.16% more expensive. Finally, rent for three bedrooms are about 10.02% more affordable. Want more information? Check out the top 5 cities near Northwest Philadelphia, Philadelphia, PA in the following chart.

City	Studio	1 Bed	2 Bed	All
Wilmington, DE	$1,548	$1,545	$1,845	$1,595
Philadelphia, PA	$1,360	$1,693	$1,828	$1,800
Lansdale, PA	$2,055	$2,438	$2,823	$2,293
King of Prussia, PA	N/A	$2,080	$2,596	$2,386
Glassboro, NJ	N/A	N/A	$1,500	$2,900

Top Neighborhoods Near Northwest Philadelphia

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

The average rent for these 29 neighborhoods in or near Northwest Philadelphia, Philadelphia, PA is currently around $1,875 per month. A total of 9 neighborhoods have a lower average rent. Meaning, only twenty neighborhoods have a higher average rent than $1,875. Interestingly, the neighborhoods' average rent is higher than Northwest Philadelphia's average rent, which is only $1,725. Out of all the neighborhoods in or near Northwest Philadelphia, 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 Northwest Philadelphia. 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	$1,050	$1,350	$1,350
Kingsessing, Philadelphia, PA	$1,038	$1,250	$1,500	$1,425
Germantown, Philadelphia, PA	$1,028	$1,325	$1,850	$1,463
Port Richmond, Philadelphia, PA	$1,500	$1,195	$1,490	$1,500
South Philadelphia West, Philadelphia, PA	$1,038	$1,325	$1,600	$1,550
North Philadelphia East, Philadelphia, PA	$1,295	$1,398	$1,679	$1,661
Roxborough, Philadelphia, PA	$1,325	$1,625	$1,900	$1,675
North Philadelphia West, Philadelphia, PA	$1,225	$1,421	$1,600	$1,700
Kensington, Philadelphia, PA	$1,234	$1,573	$1,795	$1,767
Point Breeze, Philadelphia, PA	$1,307	$1,397	$1,800	$1,795
Spruce Hill, Philadelphia, PA	$925	$1,185	$1,900	$1,798
East Germantown, Philadelphia, PA	$1,375	$1,500	$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	$1,745	$2,350	$1,875
Washington Square West, Philadelphia, PA	$1,205	$1,895	$2,305	$1,895
West Powelton, Philadelphia, PA	$1,321	$1,640	$1,700	$1,900
Manayunk, Philadelphia, PA	$1,420	$1,550	$2,025	$1,925
Bella Vista - Southwark, Philadelphia, PA	$1,095	$1,775	$2,195	$1,985
Center City East, Philadelphia, PA	$1,350	$1,900	$2,795	$2,050
Graduate Hospital, Philadelphia, PA	$1,369	$1,693	$2,445	$2,077
Fairmount - Art Museum, Philadelphia, PA	$1,482	$1,715	$2,200	$2,100
Rittenhouse Square, Philadelphia, PA	$1,572	$2,144	$3,348	$2,107
Avenue of the Arts South, Philadelphia, PA	$1,470	$2,077	$2,984	$2,129
Center City West, Philadelphia, PA	$1,495	$2,098	$3,255	$2,150
Mantua, Philadelphia, PA	N/A	$1,320	$1,725	$2,350
Fitler Square, Philadelphia, PA	$1,750	$2,195	$3,450	$2,375
Logan Square, Philadelphia, PA	$1,674	$2,278	$3,582	$2,440
University City, Philadelphia, PA	$1,343	$2,961	$4,299	$3,001

Top Counties Near Northwest Philadelphia

There are a total of 29 counties located by Northwest Philadelphia, Philadelphia, PA. Some of these counties include Philadelphia, PA, Delaware, PA, and Camden, NJ. The average rent for rentals in these counties is $2,452. 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 Northwest Philadelphia, Philadelphia, PA.

Typically, rent for studios in Northwest Philadelphia, Philadelphia, PA is 7.55% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Northwest Philadelphia, Philadelphia, PA is 9.59% more affordable than other counties nearby. Finally, rent for two bedrooms in Northwest Philadelphia, Philadelphia, PA is 2.60% 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	$1,360	$1,693	$1,828	$1,800
Delaware, PA	$1,150	$1,300	$1,700	$1,900
Camden, NJ	$1,300	$1,593	$1,850	$1,950
Montgomery, PA	$2,055	$2,017	$2,200	$2,403
Bucks, PA	$1,150	$1,850	$2,323	$2,500
Burlington, NJ	N/A	$1,500	$2,100	$2,500
Gloucester, NJ	$1,300	$1,400	$1,748	$2,775
Mercer, NJ	N/A	$1,750	$2,400	$2,895

Top Zipcodes Near Northwest Philadelphia

There are a total of 27 zipcodes in or near Northwest Philadelphia, Philadelphia, PA. The average rent for all of these zipcodes is $1,800. A total of 12 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 $1,295. 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 Northwest Philadelphia, Philadelphia, PA is $1,565 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,892 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Northwest Philadelphia, Philadelphia, PA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
19128, Philadelphia, PA	$1,338	$1,600	$1,950	$1,700
19144, Philadelphia, PA	$1,155	$1,375	$1,869	$1,505
19129, Philadelphia, PA	$1,500	$1,500	$1,964	$1,650
19132, Philadelphia, PA	$750	$1,100	$1,400	$1,504
19140, Philadelphia, PA	N/A	$975	$1,300	$1,250
19121, Philadelphia, PA	$1,228	$1,425	$1,600	$1,750
19133, Philadelphia, PA	N/A	$1,281	$1,624	$1,575
19130, Philadelphia, PA	$1,457	$1,730	$2,193	$2,000
19139, Philadelphia, PA	$1,104	$1,250	$1,350	$1,350
19122, Philadelphia, PA	$1,295	$1,485	$1,750	$1,695

Frequently Asked Questions - Northwest Philadelphia Average Rents

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

The average monthly rental price for Northwest Philadelphia, Philadelphia, PA apartments for rent is approximately $1,725. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Northwest Philadelphia, 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 Northwest Philadelphia, Philadelphia, PA.

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

The average monthly rental price for studio apartments is $1,325 and an average price per square feet of $2.75. There are a total of 33 studio apartment listings currently available for rent in Northwest Philadelphia.

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

The average monthly rental price for one bedroom apartments is $1,499 and an average price per square feet of $2.31. There are a total of 173 one bedroom apartment listings currently available for rent in Northwest Philadelphia.

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

The average monthly rental price for two bedroom apartments is $1,925 and an average price per square feet of $2.00. There are a total of 138 two bedroom apartment listings currently available for rent in Northwest Philadelphia.

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

Rent prices for rentals in Northwest Philadelphia, Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by 0.06%, one bedroom rental prices have changed by 0.10%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by -0.03% year-over-year.

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

A reasonable rent price in Northwest Philadelphia, Philadelphia, PA is around $1,380/month. You can search for these reasonably priced rental listings on RentHop.