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16 Apartments under 700 for rent in Philadelphia, PA

Last updated October 21 at 2:45am UTC
Philadelphia, PA
Updated October 21 at 2:45am UTC
Philadelphia, PA
Updated October 21 at 2:42am UTC
1 Bedroom
5111 Wayne Ave
Southwest Germantown
Philadelphia, PA
Updated October 20 at 9:33am UTC
2980 Richmond St
Philadelphia, PA
Updated October 18 at 3:49pm UTC
1 Bedroom
2950 Rorer Street
Upper Kensington
Philadelphia, PA
Updated October 13 at 11:06am UTC
2 Bedrooms
Philadelphia, PA
Updated October 10 at 3:17am UTC
1 Bedroom
Philadelphia, PA
Updated October 3 at 10:32am UTC
1 Bedroom
Philadelphia, PA
Updated August 29 at 3:06am UTC
1 Bedroom
2126 N 18th St
Philadelphia, PA
Updated August 24 at 2:37am UTC
1 Bedroom
215 Main St
Darby, PA
Updated October 12 at 2:36am UTC
1 Bedroom
116 E 21st St
Academy Hill
Chester, PA
Updated October 15 at 1:39am UTC
1 Bedroom
Results within 1 miles of Philadelphia, PA
601 Chain St
Norristown, PA
Updated September 15 at 5:42pm UTC
Results within 10 miles of Philadelphia, PA
506 W Marshall St
Norristown, PA
Updated August 24 at 2:41am UTC
East Parkside
Philadelphia, PA
Updated October 18 at 11:47pm UTC
2 Bedrooms
6327 N Woodstock St
Philadelphia, PA
Updated October 9 at 6:11pm UTC

October 2018 Philadelphia Rent Report

Welcome to the October 2018 Philadelphia Rent Report. Philadelphia rents declined 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 Philadelphia Rent Report
Rent Report

October 2018 Philadelphia Rent Report

Welcome to the October 2018 Philadelphia Rent Report. Philadelphia rents declined 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 declined 0.1% over the past month, but have remained steady at 0.3% in comparison to the same time last year. Currently, median rents in Philadelphia stand at $970 for a one-bedroom apartment and $1,170 for a two-bedroom. Philadelphia's year-over-year rent growth lags the state average of 0.6%, as well as the national average of 0.9%.

Rents rising across the Philadelphia Metro

While rents have remained steady in the city of Philadelphia throughout the past year, cities across the metro have seen a different trend. Rents have risen in 8 of of the largest 10 cities in the Philadelphia metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

  • Pottstown has seen rents fall by 0.8% over the past month, the biggest drop in the metro. It also has the least expensive rents in the Philadelphia metro, with a two-bedroom median of $990.
  • Lansdale has seen the fastest rent growth in the metro, with a year-over-year increase of 5.8%. The median two-bedroom there costs $1,580, while one-bedrooms go for $1,310.
  • West Chester has the most expensive rents of the largest cities in the Philadelphia metro, with a two-bedroom median of $1,590; rents went down 0.1% over the past month but rose 2.7% over the past year.

Philadelphia rents more affordable than many similar cities nationwide

Rent growth in Philadelphia has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Philadelphia is still more affordable than most other large cities across the country.

  • While Pennsylvania as a whole logged rent growth of 0.6% over the past year, other cities across the state have seen rents decline moderately. For example, rents have fallen by 0.6% in Pittsburgh.
  • Philadelphia's median two-bedroom rent of $1,170 is slightly below the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the stagnant growth in Philadelphia.
  • While rents in Philadelphia remained moderately stable this year, similar cities saw increases, including Houston (+2.8%), San Francisco (+1.1%), and Boston (+0.8%); note that median 2BR rents in these cities go for $1,020, $3,110, and $2,100 respectively.
  • Renters will find more reasonable prices in Philadelphia than most comparable cities. For example, San Francisco has a median 2BR rent of $3,110, 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 price Median 2BR price M/M price change Y/Y price change
Philadelphia $970 $1,170 -0.1% 0.3%
Camden $940 $1,130 -0.0% 0.3%
Levittown $1,200 $1,440 -1.3%
Norristown $1,170 $1,410 0.1% 5.2%
Drexel Hill $890 $1,080 -0.0% 0.4%
Pottstown $790 $990 -0.8% -0.7%
King of Prussia $1,260 $1,520 0.0% 2.3%
West Chester $1,320 $1,590 -0.1% 2.7%
Lansdale $1,310 $1,580 -0.5% 5.8%
Ardmore $1,190 $1,430 -0.1% 0.0%

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.


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.