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Last updated February 11 2020 at 8:01 AM

532 2 Bedroom Apartments for rent in Philadelphia, PA

Last updated February 24 at 10:02am
Brewerytown
1 Unit Available
1458 North Dover Street
1458 North Dover Street, Philadelphia, PA
2 Bedrooms
$1,350
840 sqft
Newly Renovated!!!!! Only $1350 per month!!!!! Beautifully renovated 2 bedroom/1.5 bath home in the highly sought after Brewerytown section of Philadelphia.
Last updated February 24 at 10:02am
Spruce Hill
1 Unit Available
4447 Chestnut Street - 1
4447 Chestnut Street, Philadelphia, PA
2 Bedrooms
$1,200
700 sqft
Welcome to University City's large luxury apartments. Just far enough away from the college party noise, just close enough to enjoy a latte on the walk to class or work.
Last updated February 24 at 04:07pm
Stanton
1 Unit Available
2122 N 18TH STREET
2122 North 18th Street, Philadelphia, PA
2 Bedrooms
$1,100
2508 sqft
This North Philadelphia first floor,2 bedroom apartment in a duplex near Temple University features a spacious living room and dining room .Kitchen is modern with ceramic tile, stainless steel range,microwave,refrigerator and garbage disposal.
Last updated February 24 at 04:08pm
Graduate Hospital
1 Unit Available
1036 S BOUVIER STREET
1036 South Bouvier Street, Philadelphia, PA
2 Bedrooms
$2,000
896 sqft
Charming and colorful 2-bedroom house on a quiet street in Graduate Hospital is available for rent! Completely rehabbed in 2007, this house has a back patio, a fully finished basement that is great for an office or guest area, two decent-size

February 2020 Philadelphia Rent Report

Welcome to the February 2020 Philadelphia Rent Report. Philadelphia rents remained steady over the past month. In this report, we'll evaluate trends in the Philadelphia rental market, including comparisons to cities throughout the metro, state, and nation.

View full Rent Report

February 2020 Philadelphia Rent Report

Welcome to the February 2020 Philadelphia Rent Report. Philadelphia rents remained steady over the past month. In this report, we'll evaluate trends in the Philadelphia rental market, including comparisons to cities throughout the metro, state, and nation.

Philadelphia rent trends were flat over the past month

Philadelphia rents have remained flat over the past month, however, they have increased marginally by 0.5% year-over-year. Currently, median rents in Philadelphia stand at $977 for a one-bedroom apartment and $1,179 for a two-bedroom. Philadelphia's year-over-year rent growth lags the state average of 0.9%, as well as the national average of 1.6%.

    Rents rising across the Philadelphia Metro

    Throughout the past year, rent increases have been occurring not just in the city of Philadelphia, but across the entire metro. Of the largest 10 cities that we have data for in the Philadelphia metro, 9 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

    • Lansdale has seen the fastest rent growth in the metro, with a year-over-year increase of 6.7%. The median two-bedroom there costs $1,729, while one-bedrooms go for $1,432.
    • Over the past year, King of Prussia is the only city in the metro that has seen rents fall, with a decline of 1.7%. Median two-bedrooms there cost $1,506, while one-bedrooms go for $1,248.
    • Pottstown has the least expensive rents in the Philadelphia metro, with a two-bedroom median of $1,003; rents were up 2.2% over the past year but remained flat month-over-month.

    Philadelphia rents more affordable than many similar cities nationwide

    As rents have increased marginally in Philadelphia, a few other large cities nationwide have also seen rents grow modestly. Philadelphia is still more affordable than most comparable cities across the country.

    • Rents increased in other cities across the state, with Pennsylvania as a whole logging rent growth of 0.9% over the past year. For example, rents have grown by 0.6% in Pittsburgh and 0.4% in Allentown.
    • Philadelphia's median two-bedroom rent of $1,179 is slightly below the national average of $1,193. Nationwide, rents have grown by 1.6% over the past year compared to the 0.5% increase in Philadelphia.
    • While Philadelphia's rents rose marginally over the past year, many cities nationwide also saw increases, including Seattle (+1.8%), Columbus (+1.7%), and New York (+1.7%).
    • Renters will find more reasonable prices in Philadelphia than most similar cities. For example, San Francisco has a median 2BR rent of $3,090, which is more than two-and-a-half times the price in Philadelphia.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    City
    Median 1BR Rent
    Median 2BR Rent
    M/M Rent Growth
    Y/Y Rent Growth
    Philadelphia
    $980
    $1,180
    0
    0.5%
    Wilmington
    $1,080
    $1,300
    0
    3.3%
    Levittown
    $1,360
    $1,640
    -0.1%
    2.2%
    Norristown
    $1,200
    $1,450
    -0.5%
    3.7%
    Newark
    $1,150
    $1,380
    0.2%
    4.8%
    Drexel Hill
    $910
    $1,100
    -0.1%
    1.1%
    Pottstown
    $800
    $1,000
    0
    2.2%
    King of Prussia
    $1,250
    $1,510
    -1%
    -1.7%
    West Chester
    $1,320
    $1,590
    0
    0.1%
    Lansdale
    $1,430
    $1,730
    -1.5%
    6.7%
    Lansdowne
    $880
    $1,060
    0
    0.6%
    Doylestown
    $1,430
    $1,720
    0.4%
    0.6%
    North East
    $1,030
    $1,240
    -0.3%
    See More

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

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