Average Rent in Philadelphia, PA

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Current Versus Historical Philadelphia, PA Rents

Philadelphia rentals average $1,370 for a studio rental to $2,600 for a 4-bedroom rental. The median price of all currently available listings is $1,825, or roughly $25 per square feet.
For the apartment units and housing in October 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $18 (-1.26%) year-over-year from $1,388 to $1,370. 1-bedroom rentals prices have increased by $218 (14.23%) year-over-year from $1,532 to $1,750. 2-bedroom rentals prices have increased by $135 (7.87%) year-over-year from $1,715 to $1,850. 3-bedroom rentals prices have increased by $150 (8.11%) year-over-year from $1,850 to $2,000. 4-bedroom rentals prices have increased by $217 (9.09%) year-over-year from $2,383 to $2,600. 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 up by 2.42% this month. 1-bedroom rents have gone up by 7.36% this month. 2-bedroom rents have gone up by 1.93% this month. 3-bedroom rents have gone up by 1.95% this month. 4-bedroom rents have gone up by 5.41% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $37.12 $1,370 $1,388 (-1.26%) $1,440 (-4.86%)
1 BR $32.30 $1,750 $1,532 (14.23%) $1,485 (17.87%)
2 BR $22.73 $1,850 $1,715 (7.87%) $1,683 (9.90%)
3 BR $19.02 $2,000 $1,850 (8.11%) $1,882 (6.29%)
4+ BR $17.78 $2,600 $2,383 (9.09%) $2,547 (2.07%)

Historical Rents in Philadelphia, PA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Philadelphia

There are a total of 5 cities nearby Philadelphia. The average rent in Philadelphia is currently $1,750 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 $1,400, is the most affordable city nearby. In contrast, the most expensive city near Philadelphia, PA is Phoenixville, PA. Monthly rents here are on average $2,284 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 5.11% more expensive than other cities nearby. One bedrooms are about 17.40% more expensive. Two bedrooms in Philadelphia, PA are about 5.61% more expensive. Finally, rent for three bedrooms are about 2.75% more expensive. Want more information? Check out the top 5 cities near Philadelphia, PA in the following table.
City Studio 1 Bed 2 Bed All
Chester, PA $875 $1,204 $1,405 $1,400
Camden, NJ $1,698 $1,250 $1,500 $1,688
Wilmington, DE $1,345 $1,410 $1,725 $1,750
Trenton, NJ $1,300 $1,463 $1,850 $2,000
Phoenixville, PA $395 $1,910 $2,430 $2,284

Top Neighborhoods Near Philadelphia

There are a total of 32 neighborhoods in or near Philadelphia. Some of these neighborhoods include Logan - Ogontz - Fern Rock, Germantown, and Cobbs Creek. We've included the top 30 neighborhoods out of 32 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 $1,894 per month. A total of 16 neighborhoods have a lower average rent. Meaning, only fourteen neighborhoods have a higher average rent than $1,894. Interestingly, the neighborhoods' average rent is higher than Philadelphia's average rent, which is only $1,825. Out of all the neighborhoods in or near Philadelphia, Logan - Ogontz - Fern Rock has the most affordable average rent at $1,360 per month. Whereas, at $2,875 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
Logan - Ogontz - Fern Rock, Philadelphia, PA $950 $1,088 $1,350 $1,360
Germantown, Philadelphia, PA $1,173 $1,295 $1,700 $1,425
Cobbs Creek, Philadelphia, PA $795 $1,285 $1,350 $1,495
East Germantown, Philadelphia, PA $995 $1,250 $1,590 $1,500
Kingsessing, Philadelphia, PA N/A $1,100 $1,549 $1,550
Port Richmond, Philadelphia, PA $974 $1,300 $1,550 $1,558
South Philadelphia West, Philadelphia, PA $1,575 $1,295 $1,698 $1,650
Allegheny West, Philadelphia, PA N/A $1,565 $2,050 $1,670
Avenue of the Arts North, Philadelphia, PA $1,485 $1,662 $2,240 $1,675
North Philadelphia West, Philadelphia, PA $950 $1,200 $1,450 $1,700
Roxborough, Philadelphia, PA $1,515 $1,600 $1,900 $1,700
Spruce Hill, Philadelphia, PA $1,115 $1,595 $2,050 $1,750
Kensington, Philadelphia, PA $1,348 $1,527 $1,898 $1,788
North Philadelphia East, Philadelphia, PA $1,300 $1,842 $1,675 $1,795
Mantua, Philadelphia, PA N/A $1,250 $1,550 $1,800
Point Breeze, Philadelphia, PA $1,256 $1,398 $1,900 $1,988
Manayunk, Philadelphia, PA $1,240 $1,595 $1,963 $2,000
Washington Square West, Philadelphia, PA $1,533 $1,895 $2,800 $2,040
Avenue of the Arts South, Philadelphia, PA $1,386 $2,020 $3,028 $2,085
Northern Liberties - Fishtown, Philadelphia, PA $1,413 $1,775 $2,385 $2,090
Fairmount - Art Museum, Philadelphia, PA $1,531 $1,850 $2,495 $2,100
Center City East, Philadelphia, PA $1,365 $2,116 $3,005 $2,125
Queen Village - Pennsport, Philadelphia, PA $1,725 $1,695 $2,300 $2,200
Bella Vista - Southwark, Philadelphia, PA $1,575 $1,650 $2,564 $2,200
Rittenhouse Square, Philadelphia, PA $1,683 $2,190 $3,360 $2,224
Center City West, Philadelphia, PA $1,483 $2,255 $3,670 $2,295
Graduate Hospital, Philadelphia, PA $1,379 $1,930 $2,337 $2,337
University City, Philadelphia, PA $1,156 $2,553 $3,216 $2,553
Logan Square, Philadelphia, PA $1,836 $2,495 $3,895 $2,575
Fitler Square, Philadelphia, PA $2,117 $2,495 $3,581 $2,875

Top Counties Near Philadelphia

There are a total of 11 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 $22 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 $1,400. Vice versa, with an average rent of $2,785, Radnor, PA is the most expensive county by Philadelphia, PA.

Typically, rent for studios in Philadelphia, PA is 10.58% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Philadelphia, PA is 6.27% more expensive than other counties nearby. Finally, rent for two bedrooms in Philadelphia, PA is 9.44% 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 $1,204 $1,405 $1,400
Upper Darby, PA $1,225 $1,200 $1,400 $1,748
Philadelphia, PA $1,370 $1,707 $1,828 $1,825
Phoenixville, PA $395 $1,910 $2,430 $2,284
Gloucester, NJ N/A $1,600 $1,900 $2,300
Camden, NJ $1,100 $1,545 $2,000 $2,350
Lower Merion, PA $1,450 $1,755 $2,575 $2,500
Burlington, NJ $1,400 $1,600 $2,200 $2,500
Mercer, NJ $1,750 $1,850 $2,350 $2,600
Radnor, PA N/A $2,210 $2,638 $2,785

Top Zipcodes Near Philadelphia

There are a total of 30 zipcodes in or near Philadelphia, PA. The average rent for all of these zipcodes is $1,800. A total of 16 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 19141, Philadelphia, PA at $1,185 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 $1,160. That's at least $27 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Philadelphia, PA is $1,538 per month. Or in other words, $28 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 $1,721 $2,420 $3,684 $2,558
19104, Philadelphia, PA $1,150 $1,504 $1,795 $1,700
19123, Philadelphia, PA $1,475 $2,000 $2,500 $2,154
19130, Philadelphia, PA $1,481 $1,800 $2,400 $2,000
19121, Philadelphia, PA $1,100 $1,299 $1,495 $1,750
19122, Philadelphia, PA $1,358 $1,525 $1,800 $1,795
19107, Philadelphia, PA $1,305 $1,996 $3,008 $2,040
19146, Philadelphia, PA $1,350 $1,550 $2,100 $2,018
19134, Philadelphia, PA $1,023 $1,465 $1,600 $1,500
19144, Philadelphia, PA $1,150 $1,295 $1,590 $1,450

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 $1,825. 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 $1,370 and an average price per square feet of $37.12. There are a total of 412 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 $1,707 and an average price per square feet of $32.30. There are a total of 1,976 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 $1,828 and an average price per square feet of $22.73. There are a total of 1,682 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 -0.01%, one bedroom rental prices have changed by 0.14%, two bedroom rental prices have changed by 0.08%, three bedroom rental prices have changed by 0.08% year-over-year.
What is a reasonable rent price in Philadelphia, PA?
A reasonable rent price in Philadelphia, PA is around $1,460/month. You can search for these reasonably priced rental listings on RentHop.