Is living in a luxury Philly high-rise apartment worth the cost?

Living in a luxury apartment in Philadelphia is worth the cost because of their prime locations and amenities. With access to parking garages, indoor pools, and fitness centers, your extra money pays off in comfort and convenience. A luxury unit is an excellent choice if you want a premium living experience.

What’s the cost of living in Philadelphia?

The cost of living in Philadelphia is lower than many other large cities in the U.S. The median ren t is approximately $1,404, according to national rental data . Here’s what you can expect to pay for housing: 1BD : $1,284/month 2BD : $1,485/month

Which neighborhoods have luxury apartments in Philadelphia?

Several Philadelphia neighborhoods offer upscale apartments. One great area is Rittenhouse Square , a fashionable area full of boutiques, galleries, and elegant high-rise buildings. Society Hill is another good option for an upscale residential area with 18th and early 19th-century homes.

Start your Philadelphia search

How many bedrooms do you need?

Luxury Apartments for Rent in Philadelphia, PA

1,174 rentals available

1 of 62
Stunning 2 Bed, 2.5 Bath Home in the Heart of Fishtown!
$2,799
2318 East Thompson Street, Philadelphia, PA 19125
(215) 598-2010
1 unit available
2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Recently renovated, and Coffee bar
Recently updated units
1 of 1
1727 S 2ND Street
$1,800
1727 South 2nd Street, Philadelphia, PA 19148
(215) 400-2600
1 unit available
Studio
Amenities
Patio / balcony, Parking, and Air conditioning
Recently updated units
1 ACADEMY Circle
$2,995
1 Academy Circle, Philadelphia, PA 19146
(215) 546-6000
1 unit available
1 bed
Amenities
In unit laundry, Hardwood floors, Dishwasher, Dogs allowed, Parking, Recently renovated + more
Recently updated units
2404 ASPEN Street
$1,700
2404 Aspen Street, Philadelphia, PA 19130
(610) 353-6200
1 unit available
1 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, and Parking
Recently updated units
1300-6 CHESTNUT Street
$2,235
1300-6 Chestnut Street, Philadelphia, PA 19107
(215) 546-6000
1 unit available
2 bed
Amenities
On-site laundry, Hardwood floors, Dishwasher, Pet friendly, Recently renovated, Gym + more
Recently updated units
2516 W MASTER Street
$2,550
2516 Master Street, Philadelphia, PA 19121
(609) 923-5797
1 unit available
5 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Stainless steel + more
Recently updated units
1612-00 CAMBRIDGE Street
$1,795
1612 Cambridge Street, Philadelphia, PA 19130
(215) 735-7368
1 unit available
2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Garage, Stainless steel, Air conditioning + more
Luxurious Living
Sophisticated style in the heart of Philadelphia
Discover luxurious living at 1612 Cambridge Street. This exquisite property offers stunning fireplaces and custom cabinetry, elevating your living experience. The rooftop deck provides breathtaking panoramic views, perfect for entertaining or unwinding. Residents appreciate the convenience of a secure garage and private storage for peace of mind.
Recently updated units
130 ELFRETHS Alley
$2,895
130 Elfreth's Alley, Philadelphia, PA 19106
(215) 467-4100
1 unit available
2 bed
Amenities
On-site laundry, Patio / balcony, Cats allowed, Parking, Recently renovated, and Air conditioning
Recently updated units
502 S 11TH Street
$2,800
502 South 11th Street, Philadelphia, PA 19147
1 unit available
2 bed
Amenities
On-site laundry, Hardwood floors, Recently renovated, Fireplace, and Courtyard
Recently updated units
880 N MYRTLEWOOD STREET
$2,200
880 North Myrtlewood Street, Philadelphia, PA 19130
(267) 418-4539
1 unit available
2 bed
Amenities
On-site laundry and Recently renovated
Recently updated units
1206 N ORIANNA STREET
$2,200
1206 North Orianna Street, Philadelphia, PA 19122
(570) 947-4775
1 unit available
2 bed
Amenities
In unit laundry, Hardwood floors, Stainless steel, and Walk in closets
Luxurious Retreat
Modern home with private outdoor space, a rare gem.
This newly renovated property in Old Kensington offers a bright, open floor plan with high-end finishes throughout. The luxurious private outdoor space is perfect for relaxing or entertaining guests. Residents appreciate the master suite's spacious walk-in closet and the ensuite bathroom with a double vanity and walk-in shower.
Recently updated units
3849 FAIRMOUNT AVENUE
$1,700
3849 Fairmount Avenue, Philadelphia, PA 19104
(267) 908-1356
1 unit available
2 bed
Amenities
On-site laundry, Patio / balcony, Stainless steel, and Coffee bar
Recently updated units
1626-00 CAMBRIDGE STREET
$2,700
1626 Cambridge Street, Philadelphia, PA 19130
(570) 947-4775
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Stainless steel, and Coffee bar
City Views
Stunning views and vibrant living in Francisville.
1626 Cambridge Street boasts a spacious and recently renovated condo with a magnificent private roof deck offering breathtaking city views. Residents love the vibrant community atmosphere in Francisville, with a plethora of dining, shopping, and entertainment options nearby. Easy access to the Broad Street Line ensures convenient commuting, making this property a supreme choice for city dwellers.
Recently updated units
721 North Dekalb Street
$2,500
721 North Dekalb Street, Philadelphia, PA 19104
(267) 317-1158
1 unit available
4 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, New construction, Stainless steel + more
Recently updated units
620 N Shedwick St
$1,901
620 North Shedwick Street, Philadelphia, PA 19104
(267) 277-2972
1 unit available
3 bed
Amenities
In unit laundry, Dishwasher, Pet friendly, New construction, Stainless steel, and Air conditioning
Modern Luxury
Brand-new construction with stainless steel features.
Situated in a new construction building, this property offers a stunning modern design accentuated by stainless steel appliances and an open floor plan. Enjoy the beautiful natural light through oversized windows, perfect for entertaining. Residents rave about the spacious rooms and luxury vinyl flooring.
Recently updated units
9966 Lackland Drive
$1,875
9966 Lackland Drive, Philadelphia, PA 19114
(856) 761-5251
1 unit available
2 bed
Amenities
In unit laundry, Dishwasher, Pet friendly, Garage, Recently renovated, and Air conditioning
Recently updated units

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Finding a Luxury Apartment in Philadelphia, Pennsylvania

Affectionately called “Philly,” Philadelphia is one of the best places to live in Pennsylvania. It’s the largest city in the state and situated in the southeast and bordered by Gladwyne and Darby. Philadelphia is known for can’t-miss attractions like the Liberty Bell, Reading Terminal Market, and Independence Hall — where the Declaration of Independence was signed.

Philly is a vibrant city full of fascinating culture and history. It’s home to unique neighborhoods like Old City, with cobblestone streets and the Benjamin Franklin Bridge, and University City, where you’ll find Drexel University and the University of Pennsylvania. There are also many restaurants, parks, and museums, including Washington Square and the Philadelphia Museum of Art, famous for its “Rocky Steps.”

If you’re considering moving to this area, there are many luxury apartments in Philly that might appeal to you. These upscale units include spacious penthouses and cozy lofts with high ceilings. The best apartment buildings in Philadelphia are packed with amenities like the following:

– Granite countertops
– Wall-to-wall carpets
– Parking garages
– Business centers
– Balconies
– Conference rooms
– Hardwood floors
– Laundry access
– Hot tubs
– Lounges

Skip typing “luxury apartments near me” into Google and browsing endless listings you’d never go for. Instead, use Apartment List to find luxury Philly apartments. Take our AI-powered Renter Quiz to let us know what you’re looking for — it takes a few minutes — and we’ll curate Philadelphia luxury apartments that meet your criteria. Explore rental options by size, price, and must-have features, and you’ll find a home you love in just a few swipes.

Here’s why Apartment List is the smarter way to search for luxury high-rise apartments in Philadelphia:

– Personalized matchmaking: Our Renter Quiz provides crucial details that let us narrow down your search and curate listings to suit your lifestyle.
– Real-time alerts: We’ll notify you when a new listing matches your criteria or the price drops on a unit you’re interested in.
– Accurate, up-to-date listings: Access the latest luxury apartments in prime locations like Center City, Philadelphia.
– Rental Market Watch: Our cutting-edge, proprietary data and insights help renters stay informed about market trends.

Frequently Asked Questions (FAQs)

The cost of living in Philadelphia is lower than many other large cities in the U.S. The median rent is approximately $1,404, according to national rental data. Here’s what you can expect to pay for housing:
- 1BD: $1,284/month
- 2BD: $1,485/month