Philadelphia combines historical significance with modern urban living. Renters can explore vibrant neighborhoods like Center City or Fishtown for trendy apartments near restaurants, bars, and cultural attractions. Families often choose areas like Chestnut Hill or Manayunk for their charming homes and proximity to parks. Known as the “City of Brotherly Love,” Philadelphia offers a rich arts scene alongside career opportunities in healthcare, education, and finance. With its walkable streets and diverse housing options, Philly appeals to those seeking both history and opportunity.
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The average rent for a 1 bedroom apartment in Philadelphia, PA is $2,088, while the average rent for a 2 bedroom apartment is $2,897.
Rent rates updated 2 days ago. Averages are based on the rental prices of properties listed on Apartment List.
Discover the optimal times to rent in your city based on seasonal market insights*, helping you make informed decisions and get the best value.
Philadelphia’s rental market is busiest in Center City and University City, with strong demand from students and healthcare workers. Revitalized neighborhoods like Fishtown and Northern Liberties are popular with young professionals. For value, consider older buildings in emerging districts.
Navigate apartment hunting and city life like a local with our curated articles about Philadelphia, Pennsylvania.
Apartment List has released Philadelphia’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters nationwide, provides insight on what states and cities must do to meet the needs of the country’s 111 million renters.
"Philadelphia renters expressed satisfaction with the city overall," according to Apartment List. "However, there seems to be a discrepancy between renters who are parents, who are unsatisfied (F), and millennial renters (C)."
