Average Rent in Philadelphia, PA

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Current Versus Historical Philadelphia, PA Rents

Philadelphia rentals average $1,350 for a studio rental to $2,575 for a 4-bedroom rental. The median price of all currently available listings is $1,800, or roughly $25 per square feet.

For the apartment units and housing in August 2026, median rents have risen over the last year. Studio rentals prices have decreased by $31 (-2.21%) year-over-year from $1,381 to $1,350. 1-bedroom rentals prices have increased by $100 (6.25%) year-over-year from $1,600 to $1,700. 2-bedroom rentals prices have increased by $35 (1.93%) year-over-year from $1,815 to $1,850. 3-bedroom rentals prices have decreased by $42 (-2.04%) year-over-year from $2,042 to $2,000. 4-bedroom rentals prices have increased by $88 (3.57%) year-over-year from $2,465 to $2,553. 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 2.41% this month. 1-bedroom rents have gone up by 1.53% this month. 2-bedroom rents have gone down by 1.66% this month. 3-bedroom rents have gone up by 0.08% this month. 4-bedroom rents have gone down by 5.48% this month.

Beds	Price / Sqft	Aug 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$37.83	$1,350	$1,381 (-2.21%)	$1,410 (-4.23%)
1 BR	$32.20	$1,700	$1,600 (6.25%)	$1,562 (8.86%)
2 BR	$22.94	$1,850	$1,815 (1.93%)	$1,783 (3.74%)
3 BR	$18.67	$2,000	$2,042 (-2.04%)	$1,920 (4.17%)
4+ BR	$18.00	$2,553	$2,465 (3.57%)	$2,331 (9.54%)

Historical Rents in Philadelphia, PA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Philadelphia

There are a total of 6 cities nearby Philadelphia. The average rent in Philadelphia is currently $1,875 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Chester, PA, with an average rent of $1,350, is the most affordable city nearby. In contrast, the most expensive city near Philadelphia, PA is West Chester, PA. Monthly rents here are on average $2,400 per month.

Let's compare Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Philadelphia, PA is 19.91% more expensive than other cities nearby. One bedrooms are about 17.82% more expensive. Two bedrooms in Philadelphia, PA are about 8.11% more expensive. Finally, rent for three bedrooms are about 6.25% more affordable. Want more information? Check out the top 6 cities near Philadelphia, PA in the following table.

City	Studio	1 Bed	2 Bed	All
Chester, PA	$875	$1,239	$1,442	$1,350
Camden, NJ	$1,500	$1,313	$1,575	$1,700
Wilmington, DE	$1,173	$1,463	$1,700	$1,750
Trenton, NJ	$3,550	$1,325	$1,700	$2,000
Phoenixville, PA	$990	$1,903	$2,488	$2,200
West Chester, PA	N/A	$1,798	$2,300	$2,400

Top Neighborhoods Near Philadelphia

There are a total of 33 neighborhoods in or near Philadelphia. Some of these neighborhoods include Tioga - Nicetown, Logan - Ogontz - Fern Rock, and Germantown. We've included the top 30 neighborhoods out of 33 total neighborhoods in or near Philadelphia, PA in the following table.

The average rent for these 30 neighborhoods in or near Philadelphia, PA is currently around $1,850 per month. A total of 16 neighborhoods have a lower average rent. Meaning, only fourteen neighborhoods have a higher average rent than $1,850. Interestingly, the neighborhoods' average rent is higher than Philadelphia's average rent, which is only $1,800. Out of all the neighborhoods in or near Philadelphia, Tioga - Nicetown has the most affordable average rent at $1,335 per month. Whereas, at $2,767 average rent per month, Fitler Square is the most expensive neighborhood in or near Philadelphia. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Tioga - Nicetown, Philadelphia, PA	$825	$1,050	$1,460	$1,335
Logan - Ogontz - Fern Rock, Philadelphia, PA	N/A	$1,100	$1,325	$1,438
Germantown, Philadelphia, PA	$1,200	$1,425	$1,785	$1,450
Cobbs Creek, Philadelphia, PA	$850	$1,250	$1,300	$1,500
University City, Philadelphia, PA	$1,272	$1,601	$3,197	$1,504
Port Richmond, Philadelphia, PA	$995	$1,325	$1,575	$1,550
East Germantown, Philadelphia, PA	$1,300	$1,325	$1,550	$1,573
North Philadelphia West, Philadelphia, PA	$1,295	$1,154	$1,450	$1,600
Allegheny West, Philadelphia, PA	N/A	$1,602	$2,025	$1,670
Avenue of the Arts North, Philadelphia, PA	$1,485	$1,650	$2,195	$1,675
Spruce Hill, Philadelphia, PA	$1,148	$1,524	$2,025	$1,695
North Philadelphia East, Philadelphia, PA	$1,395	$1,757	$1,650	$1,795
Kensington, Philadelphia, PA	$1,238	$1,570	$1,950	$1,800
Roxborough, Philadelphia, PA	$1,700	$1,645	$1,950	$1,850
Mantua, Philadelphia, PA	$1,023	$1,350	$1,595	$1,900
Point Breeze, Philadelphia, PA	$1,253	$1,370	$1,850	$1,900
Washington Square West, Philadelphia, PA	$1,797	$1,885	$2,500	$1,985
Manayunk, Philadelphia, PA	$1,263	$1,548	$1,998	$2,000
West Mount Airy, Philadelphia, PA	$1,090	$1,477	$2,108	$2,017
Northern Liberties - Fishtown, Philadelphia, PA	$1,431	$1,771	$2,425	$2,050
Queen Village - Pennsport, Philadelphia, PA	$1,745	$1,805	$2,297	$2,075
Center City East, Philadelphia, PA	$1,365	$2,050	$2,795	$2,086
Fairmount - Art Museum, Philadelphia, PA	$1,551	$1,865	$2,400	$2,100
Avenue of the Arts South, Philadelphia, PA	$1,300	$2,049	$2,915	$2,104
Rittenhouse Square, Philadelphia, PA	$1,699	$2,177	$3,236	$2,198
Graduate Hospital, Philadelphia, PA	$1,260	$1,600	$2,500	$2,298
Center City West, Philadelphia, PA	$1,723	$2,305	$3,787	$2,335
Bella Vista - Southwark, Philadelphia, PA	$1,485	$1,595	$2,500	$2,400
Logan Square, Philadelphia, PA	$1,870	$2,545	$3,945	$2,555
Fitler Square, Philadelphia, PA	$1,700	$2,713	$3,248	$2,767

Top Counties Near Philadelphia

There are a total of 12 counties located by Philadelphia, PA. Some of these counties include Chester, PA, Upper Darby, PA, and Philadelphia, PA. The average rent for rentals in these counties is $2,300. That's roughly around $23 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Chester, PA. Its average rent per month is $1,350. Vice versa, with an average rent of $2,800, Lower Merion, PA is the most expensive county by Philadelphia, PA.

Typically, rent for studios in Philadelphia, PA is 17.96% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Philadelphia, PA is 4.19% more expensive than other counties nearby. Finally, rent for two bedrooms in Philadelphia, PA is 13.51% more affordable than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Chester, PA	$875	$1,239	$1,442	$1,350
Upper Darby, PA	$1,225	$1,300	$1,423	$1,563
Philadelphia, PA	$1,350	$1,696	$1,850	$1,800
Phoenixville, PA	$990	$1,903	$2,488	$2,200
Camden, NJ	$1,323	$1,500	$2,000	$2,250
Gloucester, NJ	N/A	$1,500	$1,984	$2,350
West Chester, PA	N/A	$1,798	$2,300	$2,400
Burlington, NJ	N/A	$1,600	$2,200	$2,600
Tredyffrin, PA	N/A	$1,750	$2,200	$2,700
Lower Merion, PA	$1,375	$1,650	$2,575	$2,800

Top Zipcodes Near Philadelphia

There are a total of 28 zipcodes in or near Philadelphia, PA. The average rent for all of these zipcodes is $1,838. A total of 13 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 19124, Philadelphia, PA at $1,200 per month. In comparison, the zipcode with the most expensive average rent of $3,500 per month is 08540, Mercer County, NJ.

Studios in these zipcodes have an average rent of $1,255. That's at least $29 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Philadelphia, PA is $1,556 per month. Or in other words, $26 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,975 per month. Which comes out to $23 per sqft. The following table includes the top 10 zipcodes in Philadelphia, PA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
19103, Philadelphia, PA	$1,817	$2,445	$3,795	$2,500
19104, Philadelphia, PA	$1,228	$1,400	$1,800	$1,650
19123, Philadelphia, PA	$1,555	$1,895	$2,663	$2,100
19130, Philadelphia, PA	$1,551	$1,815	$2,400	$1,950
19121, Philadelphia, PA	$1,295	$1,150	$1,500	$1,650
19122, Philadelphia, PA	$1,431	$1,520	$1,950	$1,825
19107, Philadelphia, PA	$1,300	$2,000	$2,795	$2,060
19146, Philadelphia, PA	$1,260	$1,531	$2,060	$1,900
19134, Philadelphia, PA	$1,085	$1,528	$1,499	$1,500
19144, Philadelphia, PA	$1,200	$1,395	$1,700	$1,458

Frequently Asked Questions - Philadelphia Average Rents

What is the average rent price in Philadelphia, PA?

The average monthly rental price for Philadelphia, PA apartments for rent is approximately $1,800. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 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 Philadelphia, PA.

How much is a studio apartment in Philadelphia, PA?

The average monthly rental price for studio apartments is $1,350 and an average price per square feet of $37.83. There are a total of 518 studio apartment listings currently available for rent in Philadelphia.

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

The average monthly rental price for one bedroom apartments is $1,696 and an average price per square feet of $32.20. There are a total of 2,403 one bedroom apartment listings currently available for rent in Philadelphia.

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

The average monthly rental price for two bedroom apartments is $1,850 and an average price per square feet of $22.94. There are a total of 1,771 two bedroom apartment listings currently available for rent in Philadelphia.

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

Rent prices for rentals in Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by -0.02%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by 0.02%, three bedroom rental prices have changed by -0.02% year-over-year.

What is a reasonable rent price in Philadelphia, PA?

A reasonable rent price in Philadelphia, PA is around $1,440/month. You can search for these reasonably priced rental listings on RentHop.