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

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Luxury Apartments for Rent in Philadelphia, PA

1,073 rentals available

1 of 13
Colonial Apartments
$1,945
1100 Spruce Street, Philadelphia, PA 19107
(215) 608-0083
2 units available
1 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Pet friendly, 24hr maintenance + more
Luxurious Living
Modern conveniences in an energetic Philadelphia locale.
Colonial Apartments offers modern living with exquisite amenities. Enjoy brand-new kitchens featuring stainless steel appliances and granite countertops, complemented by hardwood floors and spacious layouts. Conveniently located in Philadelphia, this property is within walking distance to diverse parks, restaurants, and transportation options, making it a premier choice for a vibrant lifestyle.
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The Metropolitan Bala
$1,105
2746 Belmont Avenue, Philadelphia, PA 19131
(484) 513-2619
9 units available
Studio • 1 bed • 2 bed
Amenities
Pet friendly, Garage, Gym, and Extra storage
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Student Housing - Newly Renovated
$695
520 South 42nd Street, Philadelphia, PA 19104
(610) 561-5990
3 units available
3 bed
Amenities
In unit laundry, All utils included, and Recently renovated
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643-645 North 15th Street
$1,737
643-645 NORTH 15TH STREET, Philadelphia, PA 19130
(234) 231-8053
1 unit available
1 bed
Amenities
In unit laundry, Nest technology, Patio / balcony, Dishwasher, Recently renovated, Stainless steel + more
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KSK Holdings LLC
$1,795
429 East Upsal Street, Philadelphia, PA 19119
(484) 874-0807
2 units available
2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Stainless steel, Microwave + more
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Waterfront Apartments
$1,965
30-34 South Front Street, Philadelphia, PA 19106
(217) 288-4225
1 unit available
1 bed
Amenities
In unit laundry, Granite counters, Hardwood floors, Dishwasher, Pet friendly, Parking + more
Historic Charm
Picturesque location with modern conveniences
Waterfront Apartments are nestled in Philadelphia's culturally rich Old City, a neighborhood teeming with historic sites and vibrant dining scenes. The property stands out with its unique architectural features, including exposed brick walls and oversized windows that add a charming character to every apartment. Residents appreciate the convenience of in-unit washers and dryers, alongside modern kitchen amenities. In addition, beautifully landscaped outdoor spaces and a state-of-the-art fitness center enhance the overall living experience.
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516-524 South 42nd
$2,570
516 South 42nd Street, Philadelphia, PA 19104
(484) 715-8380
1 unit available
3 bed
Amenities
In unit laundry, Dishwasher, Pet friendly, and All utils included
Connectivity Haven
Convenient and Connected Living in Woodland Terrace
516-524 South 42nd offers a vibrant lifestyle in Woodland Terrace with easy access to universities, making it ideal for students and faculty. Residents cherish the spacious apartments that exude style with high ceilings and hardwood floors. Cats and dogs are welcome here, adding to the home's inviting nature.
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The Left Bank
3131 Walnut Street, Philadelphia, PA 19104
(215) 960-9489
$2,247+ moTotal price12-mo lease
50 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Garage + more
Historic Charm
Urban living near prestigious university campuses.
Experience premium urban living at The Left Bank, located in the vibrant University City. With a cost-effective price below the metro average, this property offers a blend of modern luxury in a historic setting. Renowned for its close proximity to Penn and Drexel University campuses, residents enjoy convenience and iconic architectural charm.
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The Riverloft Apartment Homes
2300 Walnut Street, Philadelphia, PA 19103
(215) 515-9619
$2,126+ moTotal price12-mo lease
18 units available
Studio • 1 bed • 3 bed
Amenities
In unit laundry, Hardwood floors, Dishwasher, Pet friendly, Garage, Recently renovated + more
Scenic Living
Stunning lofts in the heart of Philadelphia.
The Riverloft Apartment Homes offer breathtaking loft-style living with soaring 16 ft ceilings and expansive windows that flood each space with natural light. Just steps from universities, efficient public transport, and vibrant shopping options, the location is a hub of convenience. With both cats and dogs welcomed, pet owners appreciate this accommodating community.
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Southstar Lofts
521 South Broad Street, Philadelphia, PA 19147
(724) 542-2796
$2,044+ moTotal price12-mo lease
9 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Luxurious Living
Luxury lofts in desirable arts district location.
Southstar Lofts offers luxury living with spacious apartments featuring floor-to-ceiling windows and stunning city views. Located on the Avenue of the Arts, it provides easy access to theaters, restaurants, and public transit. Cats and dogs are allowed, making this a pet-friendly community for animal lovers.
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The Sterling Apartment Homes
1815 John F Kennedy Boulevard, Philadelphia, PA 19103
(814) 929-4113
$1,613+ moTotal price12-mo lease
Rent Savings
39 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Prime Location
Luxury City Living in Center City
The Sterling Apartment Homes offer an unrivaled urban experience right in the heart of Philadelphia. Located just steps away from Logan Square and Rittenhouse Square, residents enjoy easy access to an array of dining, shopping, and cultural attractions. Modern amenities such as a rooftop pool, smart home technology, and a 24-hour fitness center elevate the living experience, while positive reviews highlight the exemplary service from the management team.
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777 South Broad
777 South Broad Street, Philadelphia, PA 19147
(814) 501-6456
$2,570 moTotal price12-mo lease
Rent Savings
8 units available
2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Urban Luxury
Ideal city living with stellar amenities and accessibility.
777 South Broad offers luxurious loft living in the vibrant Hawthorne neighborhood of Philadelphia. Residents love the spacious apartments with modern kitchens and stunning city views through floor-to-ceiling windows. The property is conveniently located near restaurants, shopping, and the Broad Street Line, making it perfect for city dwellers. Enjoy top-notch amenities like a 24-hour gym, rooftop social deck, and dog park.
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Locust on the Park
201 South 25th Street, Philadelphia, PA 19103
(814) 485-8576
$1,993+ moTotal price12-mo lease
18 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Hardwood floors, Dishwasher, Pet friendly, Garage, Recently renovated + more
Premium Amenities
Urban Living with Premium Features
Locust on the Park offers an enchanting urban living experience in Philadelphia's Fitler Square neighborhood. Enjoy easy access to the Schuylkill River Park and vibrant local shops and eateries. Residents praise the spacious, light-filled apartments with modern finishes. The pet-friendly policy and proximity to parks also make it perfect for dog owners.
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Chestnut Hall Apartments
3900 Chestnut Street, Philadelphia, PA 19104
(267) 440-6816
$1,085+ moTotal price12-mo lease
Rent Savings
30 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Hardwood floors, Dishwasher, Parking, Walk in closets, Air conditioning + more
Prime Location
Convenient Living in University City
Nestled in the heart of University City, Chestnut Hall Apartments offers a spectacular location with easy access to major universities and transport hubs. Residents benefit from smoke-free studios to spacious two-bedroom options, all set in a historic building with smart home technology. Pet lovers will rejoice in the accommodating pet-friendly atmosphere and nearby parks. The business center and 24-hour front desk further elevate the living experience in this sought-after locale.
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Vista Apartment Homes
2805 North 47th Street, Philadelphia, PA 19131
(218) 513-2534
$1,609+ moTotal price12-mo lease
6 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, Garage, 24hr gym, Smoke-free community + more
Convenient Living
Spacious apartments with great community amenities.
Vista Apartment Homes offers a prime Philadelphia location, paired with spacious living quarters that feature in-unit laundry and private outdoor spaces. You will enjoy a selection of well-maintained amenities, including a 24-hour fitness center and a resident clubhouse. The community is also pet friendly and provides easy access to public transportation and nearby shopping options.
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Bridge on Race
205 Race St, Philadelphia, PA 19106
(985) 616-3238
$1,765+ moTotal price12-mo lease
13 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Garage + more
Historic Luxury
Stunning design in Philadelphia's Old City neighborhood.
Nestled in Philadelphia's historic Old City, Bridge on Race offers a blend of timeless charm and modern elegance. With breathtaking views and top-tier amenities, residents experience the pinnacle of urban living. Easy access to cultural attractions and dining enhances the vibrant lifestyle.
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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