Average Rent in University City, Philadelphia, PA

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Current Versus Historical University City, Philadelphia, PA Rents

University City rentals average $1,343 for a studio rental to $4,593 for a 3-bedroom rental. The median price of all currently available listings is $3,001, or roughly $3 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 $19 (1.42%) year-over-year from $1,346 to $1,365. 1-bedroom rentals prices have increased by $408 (15.93%) year-over-year from $2,563 to $2,971. 2-bedroom rentals prices have increased by $879 (25.70%) year-over-year from $3,420 to $4,299. 3-bedroom rentals prices have increased by $674 (17.20%) year-over-year from $3,919 to $4,593. 4-bedroom rentals prices have decreased by $48 (-1.34%) year-over-year from $3,548 to $3,500. 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 2.54% this month. 1-bedroom rents have gone up by 2.04% this month. 2-bedroom rents have gone up by 8.21% this month. 3-bedroom rents have gone down by 1.51% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.19	$1,365	$1,346 (1.42%)	$1,450 (-5.87%)
1 BR	$3.27	$2,971	$2,563 (15.93%)	$2,170 (36.89%)
2 BR	$3.24	$4,299	$3,420 (25.70%)	$3,058 (40.60%)
3 BR	$3.08	$4,593	$3,919 (17.20%)	$3,383 (35.76%)

Historical Rents in University City, Philadelphia, PA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near University City

There are a total of 5 cities nearby University City. The average rent in University City is currently $2,250 per month. A total of 5 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 University City, Philadelphia, PA is Glassboro, NJ. Monthly rents here are on average $2,975 per month.

Let's compare University City, Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in University City, Philadelphia, PA is 0.89% more affordable than other cities nearby. One bedrooms are about 43.14% more expensive. Two bedrooms in University City, Philadelphia, PA are about 55.61% more expensive. Finally, rent for three bedrooms are about 48.29% more expensive. Want more information? Check out the top 5 cities near University City, Philadelphia, PA in the following chart.

City	Studio	1 Bed	2 Bed	All
Wilmington, DE	$1,548	$1,545	$1,895	$1,600
Philadelphia, PA	$1,355	$1,675	$1,800	$1,800
Lansdale, PA	$2,055	$2,438	$2,746	$2,250
King of Prussia, PA	N/A	$2,097	$2,629	$2,364
Glassboro, NJ	N/A	N/A	$1,500	$2,975

Top Neighborhoods Near University City

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

The average rent for these 29 neighborhoods in or near University City, Philadelphia, PA is currently around $1,895 per month. A total of 29 neighborhoods have a lower average rent. Out of all the neighborhoods in or near University City, Haddington has the most affordable average rent at $1,285 per month. Whereas, at $2,400 average rent per month, Mantua is the most expensive neighborhood in or near University City. 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	$1,075	$1,350	$1,350
Kingsessing, Philadelphia, PA	$1,038	$1,250	$1,500	$1,400
Germantown, Philadelphia, PA	$1,028	$1,332	$1,830	$1,417
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 West, Philadelphia, PA	$1,225	$1,421	$1,600	$1,650
Roxborough, Philadelphia, PA	$1,325	$1,625	$1,933	$1,663
North Philadelphia East, Philadelphia, PA	$1,300	$1,408	$1,663	$1,663
Kensington, Philadelphia, PA	$1,134	$1,550	$1,798	$1,750
East Germantown, Philadelphia, PA	$1,375	$1,475	$1,698	$1,764
Point Breeze, Philadelphia, PA	$1,307	$1,425	$1,798	$1,795
Spruce Hill, Philadelphia, PA	$925	$1,185	$1,850	$1,798
Avenue of the Arts North, Philadelphia, PA	$750	$1,700	$1,600	$1,850
Washington Square West, Philadelphia, PA	$1,205	$1,895	$2,200	$1,895
Northern Liberties - Fishtown, Philadelphia, PA	$1,384	$1,726	$2,353	$1,900
Manayunk, Philadelphia, PA	$1,420	$1,525	$2,045	$1,925
West Powelton, Philadelphia, PA	$1,321	$1,653	$1,705	$1,931
Bella Vista - Southwark, Philadelphia, PA	$1,095	$1,575	$2,098	$1,995
Queen Village - Pennsport, Philadelphia, PA	N/A	$1,413	$1,950	$2,030
Center City East, Philadelphia, PA	$1,343	$1,900	$2,795	$2,050
Fairmount - Art Museum, Philadelphia, PA	$1,502	$1,750	$2,200	$2,100
Center City West, Philadelphia, PA	$1,465	$2,065	$3,253	$2,105
Rittenhouse Square, Philadelphia, PA	$1,570	$2,144	$3,358	$2,106
Avenue of the Arts South, Philadelphia, PA	$1,700	$2,057	$2,995	$2,128
Graduate Hospital, Philadelphia, PA	$1,342	$1,693	$2,495	$2,183
Logan Square, Philadelphia, PA	$1,724	$2,260	$3,600	$2,370
Fitler Square, Philadelphia, PA	$1,725	$2,150	$3,495	$2,375
Mantua, Philadelphia, PA	N/A	$1,300	$1,750	$2,400

Top Counties Near University City

There are a total of 29 counties located by University City, Philadelphia, PA. Some of these counties include Wilmington, DE, Philadelphia, PA, and Lower Merion, PA. The average rent for rentals in these counties is $2,235. That's roughly around $2 per sqft. A total of 6 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 $2,975, Glassboro, NJ is the most expensive county by University City, Philadelphia, PA.

Typically, rent for studios in University City, Philadelphia, PA is 8.06% more affordable than other counties nearby. In comparison, rent for one bedroom listings in University City, Philadelphia, PA is 42.25% more expensive than other counties nearby. Finally, rent for two bedrooms in University City, Philadelphia, PA is 50.11% 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	$1,548	$1,545	$1,895	$1,600
Philadelphia, PA	$1,355	$1,675	$1,800	$1,800
Lower Merion, PA	$1,776	$1,728	$2,365	$2,219
Lansdale, PA	$2,055	$2,438	$2,746	$2,250
Upper Merion, PA	N/A	$2,097	$2,609	$2,361
Glassboro, NJ	N/A	N/A	$1,500	$2,975

Top Zipcodes Near University City

There are a total of 26 zipcodes in or near University City, Philadelphia, PA. The average rent for all of these zipcodes is $1,775. A total of 26 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 $1,275 per month. In comparison, the zipcode with the most expensive average rent of $2,975 per month is 08028, Glassboro, NJ.

Studios in these zipcodes have an average rent of $1,264. 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 University City, Philadelphia, PA is $1,525 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,893 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in University City, Philadelphia, PA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
19104, Philadelphia, PA	$1,312	$2,168	$1,900	$2,163
19146, Philadelphia, PA	$1,342	$1,550	$1,998	$1,800
19103, Philadelphia, PA	$1,608	$2,150	$3,539	$2,200
19130, Philadelphia, PA	$1,462	$1,750	$2,198	$2,050
19102, Philadelphia, PA	$1,567	$2,150	$3,270	$2,185
19107, Philadelphia, PA	$1,200	$1,927	$2,700	$1,995
19143, Philadelphia, PA	$975	$1,200	$1,500	$1,400
19139, Philadelphia, PA	$1,104	$1,200	$1,350	$1,350
19145, Philadelphia, PA	$1,038	$1,325	$1,650	$1,650
19121, Philadelphia, PA	$1,228	$1,425	$1,600	$1,750

Frequently Asked Questions - University City Average Rents

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

The average monthly rental price for University City, Philadelphia, PA apartments for rent is approximately $3,001. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do University City, 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 University City, Philadelphia, PA.

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

The average monthly rental price for studio apartments is $1,343 and an average price per square feet of $3.19. There are a total of 31 studio apartment listings currently available for rent in University City.

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

The average monthly rental price for one bedroom apartments is $2,946 and an average price per square feet of $3.27. There are a total of 62 one bedroom apartment listings currently available for rent in University City.

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

The average monthly rental price for two bedroom apartments is $4,269 and an average price per square feet of $3.24. There are a total of 38 two bedroom apartment listings currently available for rent in University City.

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

Rent prices for rentals in University City, Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by 0.01%, one bedroom rental prices have changed by 0.16%, two bedroom rental prices have changed by 0.26%, and three bedroom rental prices have changed by 0.17% year-over-year.

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

A reasonable rent price in University City, Philadelphia, PA is around $2,401/month. You can search for these reasonably priced rental listings on RentHop.