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Updated 23 hours ago

Park Terrace Apartments


8040 Rowland Ave Philadelphia, PA

1 - 2 Bed
•
1 - 2 Bath

600 - 1,000 Sq. Ft.

Available Now
Deal

$500 OFF First Month's Rent!
Floor plans
1 Bed • 1 Bath
$1,525
700 ft2
2 Available
Managed By:
C-162
$1,525
Available Now
View
B-327
$1,525
Available Now
View
View Rented Units
1 Bed • 1 Bath
$1,185 - $1,365
600 ft2
4 Available
Managed By:
A-219
$1,365
Available Now
View
B-139
$1,365
Available Dec 8th, 2025
View
A-220
$1,365
Available Dec 10th, 2025
View
B-328
$1,185
Available Dec 15th, 2025
View
View Rented Units
2 Beds • 2 Bath
$1,640 - $1,805
1000 ft2
4 Available
Managed By:
B-130
$1,805
Available Dec 15th, 2025
View
A-011
$1,640
Available Jan 1st, 2026
View
A-224
$1,760
Available Jan 31st, 2026
View
B-038
$1,805
Available Mar 1st, 2026
View
View Rented Units
Where you'll live
Street View
Map View
Satellite View
Park Terrace Apartments
Park Terrace Apartments
Park Terrace Apartments
Location ratings
Walk Score®
58
Somewhat Walkable
Transit Score®
46
Some Transit
Bike Score®
64
Bikeable
Amenities
In-unit Laundry
On-site Laundry
Air Conditioning
Fitness Center
Storage
Pool
Professional On-site Management
On-site Maintenance
Sun Deck
Smoke Free
Business Center
Clubhouse
Elevator
Hot Tub / Spa
Library
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Park
Pet Fee: $300
Pet Rent: $45
Size Restrictions:

Dog up to 50 lbs.

Restrictions:

A Non-Refundable pet fee of $300.00 must be paid at time of move-in. A $35.00 Monthly Pet Rent will apply and a Pet Addendum must be signed.

Lease & Fees
Lease Length:

12 months

Property details
Description

Welcome to living at Park Terrace Apartments! We are conveniently located in Northeast Philadelphia near shopping, transportation and nestled in Pennypack Park. Building amenities include: intercom security entry system, three elevators, community function room, trash chutes on each floor, pool and recreation area, and ample on-site parking. We are also a pet-friendly community!

Additional Details
Year Built: 1964
Total Unit Count: 183
Last Updated: Updated 23 hours ago
Contact Number: (215) 624-7405
Office Hours
Monday: 8:30 AM - 4:30 PM
Tuesday: 8:30 AM - 4:30 PM
Wednesday: 8:30 AM - 4:30 PM
Thursday: 8:30 AM - 4:30 PM
Friday: 8:30 AM - 4:30 PM
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
Verizon Communications Inc. 940.0 880.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
Verizon Communications Inc. 7.0 0.768
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Park Terrace Apartments by bedroom type below.
1 Bedroom
Suggested income:
$50,000
per year
2 Bedroom
Suggested income:
$63,100
per year
Rent report

Park Terrace Apartments Rent vs. Philadelphia Average

 Park Terrace Apartments      Philadelphia Average
1BR
$1,388
$1,760
$0
$600
$1,200
$1,800
$2,400
2BR
$1,753
$2,226
$0
$750
$1,500
$2,250
$3,000

Park Terrace Apartments is asking 21% less than the average 1 bedroom apartment in Philadelphia.

If you upsized to an average priced Philadelphia 2 bedroom apartment, you would pay 21% more per month.

If you downsized to an average priced Philadelphia studio apartment, you would pay 19% less per month.

Park Terrace Apartments provides 7% less square footage than the average Philadelphia 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Park Terrace Apartments
1BR $1,388 $2.20 $4,165
2BR $1,753 $1.80 $5,258
Philadelphia Average
Studio $1,485 $2.90 $4,455
1BR $1,760 $2.60 $5,280
2BR $2,226 $2.30 $6,677
3BR $2,201 $1.70 $6,604
4BR $2,396 $1.50 $7,187

Availability in Philadelphia

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 2,738 1BR units on the market in Philadelphia. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
14% 43% 26% 12% 4%
Available Units in Philadelphia
Studio 876
1BR 2,738
2BR 1,672
3BR 740
4BR 241
Location
Nearby Colleges

Penn State Abington

Temple University

Rutgers University-Camden

Rowan College At Burlington County

Thomas Jefferson University

Nearby Hospitals
Name Distance
Nazareth Hospital 1.03 mi.
Jefferson Health Northeast 3.02 mi.
Aria Health Frankford 3.33 mi.
Nearby Fire Stations
Name Distance
Riverton Fire Department 2.67 mi.
Independence Fire Company #1 2.89 mi.
Palmyra Fire Department 3.06 mi.
FAQs
Is this property currently leasing units?
Yes. There are 10 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 9 units available for move-in over the next 2 months. 3 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 600 to 1,000 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,185 to $1,805. Park Terrace Apartments has 1 bedroom units available starting at $1,185 and 2 bedroom units available starting at $1,640.
Where is this property located?
This property is at 8040 Rowland Ave in Philadelphia, PA. It's 9.6 miles northeast from the center of Philadelphia.
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