Apartments in Downtown Philadelphia

1 - 30 of 952 Results
74
$1,695 - 3,199
401 Race Street Philadelphia, PA
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
19
$2,250
Philadelphia, PA
2 BR | Dec. 1, 2024
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Old City
18
$3,000
Philadelphia, PA
2 BR | Available Now
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Downtown
Air Conditioning
Balcony/Deck/Patio
Dishwasher
22
$1,725
Philadelphia, PA
2 BR | Nov. 1, 2024
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Cat Friendly
Market East
2
$1,650 - 1,795
Philadelphia, PA
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Dishwasher
12
$1,650
Philadelphia, PA
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Dishwasher
10
$2,195
Philadelphia, PA
1 BR | Available Now
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Dog Friendly
Cat Friendly
Old City
15
$1,695 - 5,195
Philadelphia, PA
Studio - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
11
$1,499
219 Cuthbert St Philadelphia, PA
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Dishwasher
26
$1,821 - 3,046
231 N. Third Street Philadelphia, PA
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Old City
12
$2,495
Philadelphia, PA
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
Old City
9
$1,995
Philadelphia, PA
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
Old City
15
$1,995
Phila, PA
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Dishwasher
43
$2,500
Philadelphia, PA
2 BR | Available Now
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House
Old City
15
$1,520 - 3,000
224 Church St Philadelphia, PA
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Disability Access
20
$1,550
248 Market St Philadelphia, PA
1 BR | Available Now
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Storage
Disability Access
Penn's Landing
25
$1,693 - 4,231
417 Callowhill St Philadelphia, PA
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
Old City
0
$2,100
205-15 Cuthbert St Philadelphia, PA
2 BR | Oct. 10, 2024
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House
Dishwasher
Penn's Landing
11
$1,820 - 2,920
Philadelphia, PA
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
9
$1,800
Phila, PA
2 BR | Oct. 10, 2024
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Cat Friendly
Air Conditioning
Storage
Dishwasher
Penn's Landing
7
$1,175
Philadelphia, PA
1 BR | Available Now
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Cat Friendly
Market East
11
Call for Pricing
Philadelphia, PA
Studio | Ask for Availability
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
8
$2,150
Philadelphia, PA
Studio | Ask for Availability
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
9
$1,649 - 1,899
834 Chestnut St Philadelphia, PA
1 BR | Available Now
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Luxury
Air Conditioning
In Unit Laundry
Fitness Center
Dishwasher
Call for Pricing
Philadelphia, PA
Studio | Available Now
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Market East
11
$1,595 - 2,200
Phila, PA
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Storage
20
$4,475
Philadelphia, PA
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
Penn's Landing
0
$2,500
103-107 Church St Philadelphia, PA
1 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
Penn's Landing
0
$2,450
126 Market St Phila, PA
1 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
Penn's Landing
17
$1,850
Philadelphia, PA
1 BR | Available Now
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Air Conditioning
Dishwasher
Penn's Landing
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Philadelphia:
October Rent Report

Welcome to the October 2024 Philadelphia Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the October 2024 key findings and figures for the Philadelphia rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Philadelphia and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Philadelphia average rent prices in the chart below.

Monthly Rent Report

$1,950
$1,460
$980
$490
$0
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
1 BR       2 BR

Philadelphia Rent Prices Decrease From September to October

Philadelphia rent prices decreased over the last month. From September to October, the city experienced a -1.39% decrease for the price of a one-bedroom apartment. The rent price for a Philadelphia one-bedroom apartments currently stands at $1,414.0.

When we take a look at the two-bedroom comparison from September to October, Philadelphia experienced a 3.73% increase for the price of a two-bedroom apartment. The rent price for a Philadelphia two-bedroom apartments currently stands at $1,865.0.

October Prices: Philadelphia vs. Surrounding Areas

Mount Laurel, NJ
Bryn Mawr, PA
King Of Prussia, PA
Exton, PA
Cherry Hill, NJ
Philadelphia, PA
Wilmington, DE
$2,339
$2,219
$1,888
$1,871
$1,854
$1,434
$1,297
$0
$800
$1,600
$2,400
$3,200
Median 1 BR Rent

Rent Prices in Philadelphia and Surrounding Areas

Rent prices have decreased in Philadelphia over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 2 of the Philadelphia suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Mount Laurel, NJ, King Of Prussia, PA .

  • Rent decreased in Bryn Mawr, PA, Exton, PA, Cherry Hill, NJ, Wilmington, DE.

  • 5 suburbs are currently priced higher than the city of Philadelphia.

  • 1 suburb is currently priced lower than the city of Philadelphia.

October 2024 Pricing Trends: Philadelphia vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Philadelphia, PA
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,189
$3,067
$2,364
$2,363
$1,886
$1,434
$1,360
$1,243
$1,173
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Philadelphia Rent Prices More Affordable Than Major Cities

Rent growth in Philadelphia over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Philadelphia average rent prices appear to be relatively affordable for local residents.

The price for a Philadelphia one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Philadelphia and surrounding area rent prices, take a look at the complete data set below.

Data set for Philadelphia and suburbs

1 BR October 1 BR M/M % Change 2 BR October 2 BR M/M % Change
Philadelphia, PA $1,434.0 0.35% $1,798.0 0.11%
Mount Laurel, NJ $2,339.0 0.91% $2,535.0 0.12%
King Of Prussia, PA $1,888.0 0.37% $2,385.0 -1.57%
Bryn Mawr, PA $2,219.0 -7.39% $2,891.0 -2.50%
Exton, PA $1,871.0 -0.11% $2,355.0 -0.51%
Cherry Hill, NJ $1,854.0 -1.85% $2,386.0 4.01%
Wilmington, DE $1,297.0 -3.71% $1,388.0 -2.19%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.