Apartments in Old City Philadelphia

1 of 217 Results
17
$1,795
1200 Walnut St
Philadelphia, PA
1 BR | Available Now
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Dog Friendly
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Virtual Tour
Air Conditioning
Balcony, Deck, Patio
8
$1,695
311 S 13th St
Phila, PA
2 BR | Aug. 10, 2023
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Air Conditioning
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Disability Access
15
$1,650
339 Bainbridge Street
339 Bainbridge St Philadelphia, PA
1 BR | Available Now
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In Unit Laundry
Dishwasher
Queen Village
34
$2,395
201 N 8Th St
Philadelphia, PA
2 BR | Available Now
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Downtown
11
$3,525
240 N 2Nd St
Philadelphia, PA
2 BR | Jun. 26, 2023
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Old City
2
$2,100
53-55 N 2Nd St
Phila, PA
2 BR | Available Now
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Disability Access
Dishwasher
6
$1,550
116 Chestnut Street
116 Chestnut St Philadelphia, PA
1 BR | Available Now
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Penn's Landing
20
Call for Pricing
533 Spring Garden St
Philadelphia, PA
Studio | Available Now
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Balcony, Deck, Patio
Fitness Center
Storage
Disability Access
Dishwasher
20
Call for Pricing
519 Spring Garden St
Philadelphia, PA
Studio | Available Now
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Balcony, Deck, Patio
Fitness Center
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Dishwasher
10
$1,775 - 2,995
The Wolf Building
340 N 12Th St Philadelphia, PA
1 - 3 BR | Available Now
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Air Conditioning
Surface Parking
Balcony, Deck, Patio
20
Call for Pricing
570 N 5Th St
Philadelphia, PA
Studio | Ask for Availability
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Balcony, Deck, Patio
Fitness Center
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Dishwasher
4
$1,595 - 1,995
541 N Orianna St
Philadelphia, PA
Studio - 1 BR | Available Now
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Air Conditioning
Balcony, Deck, Patio
Storage
58
Call for Pricing
220-21 Locust St
Philadelphia, PA
Studio | Ask for Availability
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Balcony, Deck, Patio
Fitness Center
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Den
Disability Access
15
Call for Pricing
1213-19 Walnut St
Philadelphia, PA
Studio | Ask for Availability
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Dog Friendly
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Air Conditioning
Balcony, Deck, Patio
Fitness Center
5
$500
1205 Locust St
Phila, PA
Studio | Available Now
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Air Conditioning
Balcony, Deck, Patio
Washington Square West
36
$1,595
631 A Beulah Pl
Philadelphia, PA
2 BR | Available Now
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Balcony, Deck, Patio
Dishwasher
9
$2,150
1207 Locust St
Phila, PA
3 BR | Oct. 10, 2023
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Cat Friendly
Air Conditioning
Dishwasher
Washington Square West
36
$1,595
672 A Franklin Pl
Philadelphia, PA
2 BR | Available Now
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Balcony, Deck, Patio
Dishwasher
Callowhill
5
$1,400
715 N 6Th St
Philadelphia, PA
Studio | Jun. 30, 2023
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Cat Friendly
Air Conditioning
Storage
Disability Access
11
$1,125
928-930 Pine St
Phila, PA
Studio | Aug. 10, 2023
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Air Conditioning
Storage
Disability Access
15
$1,995
724 N 3Rd St
Philadelphia, PA
1 BR | Jul. 1, 2023
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Northern Liberties
2
$1,975 - 2,900
807 N 3Rd St
Philadelphia, PA
1 - 2 BR | Available Now
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Air Conditioning
Balcony, Deck, Patio
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27
$4,545
118 Olive St
Philadelphia, PA
3 BR | Available Now
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House
Northern Liberties
3
$1,795 - 2,045
1311 Spruce St
Philadelphia, PA
1 BR | Available Now
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Dog Friendly
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Balcony, Deck, Patio
Disability Access
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2
$1,250 - 1,350
1300 Spruce St
Phila, PA
Studio | Available Now
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Cat Friendly
Air Conditioning
Storage
Disability Access
Dishwasher
3
$1,225 - 1,395
319 S 13Th St
Philadelphia, PA
1 BR | Available Now
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Cat Friendly
Balcony, Deck, Patio
Disability Access
Dishwasher
Washington Square West
12
$1,399
849 N 5Th St
Philadelphia, PA
1 BR | Jun. 10, 2023
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Dog Friendly
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Balcony, Deck, Patio
Storage
Dishwasher
39
$2,000 - 3,402
Mily on Green
Deal
545 N Broad St Philadelphia, PA
2 - 3 BR | Available Now
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Fairmount District
70
$2,000 - 3,572
Mily on Green Apartments
Deal
545 N Broad St Philadelphia, PA
2 - 3 BR | Available Now
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8
$1,110
345 S 13th St Apt 1E
Philadelphia, PA
Studio | Available Now
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Washington Square West
1 - 30 of 217 Results
  1. Home
  2. Philadelphia
  3. Old City

How much does it cost to rent an apartment in Philadelphia?

Philadelphia Apartments
Bed Type Average Rent Range
Studio $1,240 $760 - $2,270
1BR $1,250 $750 - $2,400
2BR $1,800 $1,100 - $3,820
3BR $1,950 $1,100 - $5,270
4+BR $2,370 $1,400 - $11,580
Old City Neighborhood Summary

It’s just about one square mile, but Philadelphia’s Old City is one of the most historic places in the nation. Located in Center City — Philadelphia’s large downtown area between the Delaware and Schuylkill rivers — the Old City contains 18th-century cobblestone streets and homes that are older than the nation itself. A few of them are on Elfreth’s Alley, which dates to 1702 and is known as the country’s first residential street. Old City’s borders, though debated, generally extend from the Delaware river to 7th Street, and contain the main hallmarks of America’s founding, such as the Liberty Bell Center, the National Constitution Center, and Independence Hall — where the U.S. Declaration of Independence and Constitution were signed. The “independent spirit” that gave rise to the new nation is still palpable in abundant local shops, art galleries, and eateries.

As you can imagine, considering that Old City is the historical heart of the nation, renting in this area can be pricey. But it’s rewarding: Even many the newer buildings in this area carry hints of historic appeal, such as tall ceilings, huge windows, worn brick, and tin ceilings.

Philadelphia:
June Rent Report

Welcome to the June 2023 Philadelphia Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2023 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

Philadelphia Rent Prices Increase From May to June

Philadelphia rent prices increased over the last month. From May to June, the city experienced a 0.5% increase for the price of a one-bedroom apartment. The rent price for a Philadelphia one-bedroom apartments currently stands at $1,208.0.

When we take a look at the two-bedroom comparison from May to June, Philadelphia experienced a 1.43% increase for the price of a two-bedroom apartment. The rent price for a Philadelphia two-bedroom apartments currently stands at $1,771.0.

June Prices: Philadelphia vs. Surrounding Areas

Rent Prices in Philadelphia and Surrounding Areas

Rent prices have increased 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 King Of Prussia, PA, Bryn Mawr, PA .

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

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

June 2023 Pricing Trends: Philadelphia vs. National Comparisons

Philadelphia Rent Prices More Affordable Than Major Cities

Rent growth in Philadelphia over the past year has been on the rise. 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 June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
Philadelphia, PA $1,202.0 0.25% $1,746.0 1.63%
Norristown, PA $2,393.0 0.00% $3,370.0 -0.09%
Exton, PA $1,819.0 0.00% $2,378.0 0.42%
King Of Prussia, PA $2,020.0 2.54% $2,201.0 9.56%
Bryn Mawr, PA $2,149.0 4.47% $2,738.0 8.01%
Cherry Hill, NJ $2,009.0 -2.14% $2,349.0 -1.26%
Wilmington, DE $1,309.0 -1.80% $1,393.0 0.07%

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.