519 Condos for rent in Philadelphia, PA

Last updated July 21 at 10:14am UTC
2401 PENNSYLVANIA AVENUE
Spring Garden
Philadelphia, PA
Updated July 21 at 10:14am UTC
Studio
$1,450
250 E GIRARD AVENUE
Fishtown
Philadelphia, PA
Updated July 21 at 10:13am UTC
2 Bedrooms
$1,100
4601 FLAT ROCK ROAD
Manayunk
Philadelphia, PA
Updated July 21 at 10:13am UTC
1 Bedroom
$1,865
4601 FLAT ROCK ROAD
Manayunk
Philadelphia, PA
Updated July 21 at 10:13am UTC
3 Bedrooms
$2,769
4601 FLAT ROCK ROAD
Manayunk
Philadelphia, PA
Updated July 21 at 10:13am UTC
2 Bedrooms
$2,285
2134 LOCUST STREET
Fitler Square
Philadelphia, PA
Updated July 21 at 10:14am UTC
1 Bedroom
$1,795
1321 SPRUCE STREET
Avenue of the Arts South
Philadelphia, PA
Updated July 21 at 10:14am UTC
1 Bedroom
$1,100
1414 S PENN SQUARE
Avenue of the Arts South
Philadelphia, PA
Updated July 21 at 10:14am UTC
2 Bedrooms
$7,500
1109 SPRUCE STREET
Washington Square West
Philadelphia, PA
Updated July 21 at 10:14am UTC
1 Bedroom
$1,295
2601 PENNSYLVANIA AVENUE
Fairmount
Philadelphia, PA
Updated July 21 at 10:14am UTC
1 Bedroom
$1,475
124 N WANAMAKER STREET
Haddington
Philadelphia, PA
Updated July 21 at 10:14am UTC
3 Bedrooms
$950
5537 BOYER STREET
East Germantown
Philadelphia, PA
Updated July 21 at 10:14am UTC
4 Bedrooms
$950
7349 GARMAN STREET
Penrose
Philadelphia, PA
Updated July 21 at 10:14am UTC
3 Bedrooms
$950
619 S 16TH STREET
Graduate Hospital
Philadelphia, PA
Updated July 21 at 10:14am UTC
1 Bedroom
$1,295
21 E COLUMBIA AVENUE
Fishtown
Philadelphia, PA
Updated July 21 at 10:13am UTC
2 Bedrooms
$1,995
821 CATHARINE STREET
Bella Vista
Philadelphia, PA
Updated July 21 at 10:13am UTC
1 Bedroom
$1,450
182 GAY STREET
Roxborough
Philadelphia, PA
Updated July 21 at 10:13am UTC
1 Bedroom
$1,295
1720 LOMBARD STREET
Rittenhouse Square
Philadelphia, PA
Updated July 21 at 10:13am UTC
2 Bedrooms
$2,062
257 S 16TH STREET
Rittenhouse Square
Philadelphia, PA
Updated July 21 at 10:13am UTC
1 Bedroom
$1,650
2121 MARKET STREET
Logan Square
Philadelphia, PA
Updated July 21 at 10:13am UTC
1 Bedroom
$1,725
1600 WALNUT STREET
Rittenhouse Square
Philadelphia, PA
Updated July 21 at 10:13am UTC
1 Bedroom
$1,505
1411 WALNUT STREET
Avenue of the Arts South
Philadelphia, PA
Updated July 21 at 10:13am UTC
1 Bedroom
$1,675
701 SANSOM STREET
Old City
Philadelphia, PA
Updated July 21 at 10:13am UTC
1 Bedroom
$1,495
257 S 16TH STREET
Rittenhouse Square
Philadelphia, PA
Updated July 21 at 10:13am UTC
3 Bedrooms
$2,800

July 2018 Philadelphia Rent Report

Welcome to the July 2018 Philadelphia Rent Report. Philadelphia rents increased over the past month. In this report, we'll evaluate trends in the Philadelphia rental market, including comparisons to cities throughout the state and nation.

View full Philadelphia Rent Report
Rent Report
Philadelphia

July 2018 Philadelphia Rent Report

Welcome to the July 2018 Philadelphia Rent Report. Philadelphia rents increased over the past month. In this report, we'll evaluate trends in the Philadelphia rental market, including comparisons to cities throughout the state and nation.

Philadelphia rents increased moderately over the past month

Philadelphia rents have increased 0.3% over the past month, and are up slightly by 1.2% 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. This is the fourth straight month that the city has seen rent increases after a decline in February. Philadelphia's year-over-year rent growth is level with the state average of 1.2%, but lags the national average of 1.4%.

Rents rising across cities in Pennsylvania

Throughout the past year, rent increases have been occurring not just in the city of Philadelphia, but across the entire state. Of the largest 10 cities that we have data for in Pennsylvania, 9 of them have seen prices rise. The state as a whole logged rent growth of 1.2% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, West Chester is the most expensive of all Pennsylvania's major cities, with a median two-bedroom rent of $1,580; of the 10 largest cities in the state that we have data for, Pittsburgh, where a two-bedroom goes for $920, is the only major city to see rents fall year-over-year (-0.9%).
  • Lansdale, Pottstown, and Monroeville have all experienced year-over-year growth above the state average (4.5%, 3.1%, and 2.9%, respectively).

Philadelphia rents more affordable than many other large cities nationwide

As rents have increased slightly in Philadelphia, other large cities nationwide have seen rents grow more quickly. Philadelphia is still more affordable than most similar cities across the country.

  • Philadelphia's median two-bedroom rent of $1,170 is slightly below the national average of $1,180. Nationwide, rents have grown by 1.4% over the past year compared to the 1.2% rise in Philadelphia.
  • While Philadelphia's rents rose slightly over the past year, many cities nationwide saw decreases, including Seattle (-2.0%), Chicago (-1.3%), and DC (-0.1%).
  • Renters will find more reasonable prices in Philadelphia than most comparable cities. For example, San Francisco has a median 2BR rent of $3,070, 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 0.3% 1.2%
Levittown $1,200 $1,450 0.2% 0.8%
Norristown $1,150 $1,380 0.7% 1.8%
Drexel Hill $900 $1,090 0.1% 0.5%
Pottstown $810 $1,010 1.5% 3.1%
King of Prussia $1,240 $1,500 0.6% 1.6%
West Chester $1,310 $1,580 1.0% 1.3%
Lansdale $1,300 $1,570 1.7% 4.5%
Ardmore $1,180 $1,430 -0.3% 1.3%

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.