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

1,116 rentals available

Recently Renovated 2-Bedroom Home for Rent in South Philadelphia
$1,850
2216 South Colorado Street, Philadelphia, PA 19145
(888) 827-6485
1 unit available
2 bed
Amenities
In unit laundry, Granite counters, Hardwood floors, Dishwasher, Pet friendly, Recently renovated + more
Recently updated units
1613 Fontain St. Philadelphia PA 19121
$2,100
1613 Fontain Street, Philadelphia, PA 19121
(215) 422-3711
1 unit available
3 bed
Amenities
On-site laundry, Patio / balcony, Hardwood floors, Pet friendly, Recently renovated, Walk in closets + more
Campus Proximity
Conveniently close to Temple University and shuttle access.
1613 Fontain Street offers a convenient location close to Temple University, making it perfect for those who prioritize short commutes. Residents rave about the spacious bedrooms and living areas, alongside the private outdoor patio that provides a great space for relaxation. Free, in-unit laundry simplifies daily routines, contributing to a comfortable living experience.
Recently updated units
7 Bedroom Home
$3,100
1912 North 17th Street, Philadelphia, PA 19121
(215) 383-1439
1 unit available
7 bed
Amenities
Dishwasher, Stainless steel, Microwave, Range, and Refrigerator
Spacious Living
Ample 7-bedroom home near Temple University.
Enjoy generous living space in a 7-bedroom home perfectly situated near Temple University. This property provides a seamless urban living experience with easy access to Center City via the nearby Broad Street Line. Modern appliances elevate daily living convenience, while cats and dogs are warmly welcomed.
Recently updated units
2635 S Bouvier St
$1,900
2635 South Bouvier Street, Philadelphia, PA 19145
(215) 327-4237
1 unit available
3 bed
Amenities
In unit laundry, Dishwasher, and Pet friendly
Recently updated units
1514 S. Corlies St.
$1,850
1514 South Corlies Street, Philadelphia, PA 19146
(215) 690-1372
1 unit available
4 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Parking, Recently renovated, Ceiling fan + more
Recently updated units
1642 Cambridge Street - B
$2,150
1642 Cambridge Street, Philadelphia, PA 19130
(609) 600-4553
1 unit available
2 bed
Amenities
On-site laundry, Hardwood floors, Dishwasher, New construction, Stainless steel, Walk in closets + more
Recently updated units
2111 North 7th Street - 3
$1,850
2111 North 7th Street, Philadelphia, PA 19122
(215) 279-2486
1 unit available
2 bed
Amenities
Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, New construction, Stainless steel + more
Modern Elegance
Stylish living close to Temple University.
This modern 2-bedroom apartment offers contemporary living with sleek hardwood floors, stainless steel appliances, and high-end finishes. Residents adore the shared rooftop deck, perfect for relaxation and socializing. Positioned conveniently near Temple University and public transit, commuting is simple and efficient.
Recently updated units
1247 S NEWKIRK ST S
$2,100
1247 South Newkirk Street, Philadelphia, PA 19146
(888) 536-0216
1 unit available
2 bed
Amenities
On-site laundry, Dishwasher, Parking, Recently renovated, Microwave, and Furnished
Modern Luxury
Furnished home with modern updates in Grays Ferry.
Located in Grays Ferry, this fully furnished rental offers modern updates and comfort. Residents rave about the updated kitchen and finished basement. Enjoy proximity to UPenn and CHOP for convenient access to work or study.
Recently updated units
1840 East Oakdale Street - 1
$1,800
1840 East Oakdale Street, Philadelphia, PA 19125
(215) 769-9480
1 unit available
2 bed
Amenities
In unit laundry, Pet friendly, Stainless steel, and Ceiling fan
Modern Comfort
Spacious living in East Kensington's inviting home.
Discover 1840 East Oakdale Street, where comfort and modern charm meet seamlessly. Enjoy the benefits of having stainless steel appliances and in-unit laundry, making everyday living a breeze. The spacious layout and private backyard offer ample opportunities for relaxation and entertaining alike.
Recently updated units
9722 Hoff Street
$2,000
9722 Hoff Street, Philadelphia, PA 19115
(215) 618-2282
1 unit available
4 bed
Peaceful Neighborhood
Serene living in a safe, welcoming community
9722 Hoff Street offers a peaceful, clean, and safe neighborhood environment. Residents love the comfort of the area, ideal for leisurely evening walks and community interactions. The nearby parks are a bonus for dog owners and those who enjoy outdoor activities.
Recently updated units
260 E Phil Ellena Street
$4,800
260 East Phil Ellena Street, Philadelphia, PA 19119
(267) 297-6533
1 unit available
Studio
Welcoming Community
Charming neighborhood with friendly, welcoming community vibes.
Residents enjoy a friendly and welcoming community in this area. The neighborhood's dog-friendly environment makes it an excellent choice for pet owners. The clean and safe atmosphere enhances its appeal, contributing to a family-friendly living experience.
Recently updated units
3227 Powelton Ave.
$2,600
3227 Powelton Avenue, Philadelphia, PA 19104
(445) 447-8056
1 unit available
3 bed
Amenities
In unit laundry, Dishwasher, Pet friendly, and Air conditioning
Pet Oasis
Steps from Drexel Park, welcoming for pet owners
3227 Powelton Ave. offers a prime location near Drexel Park, perfect for those who enjoy a lively city atmosphere. The property is pet-friendly, allowing both dogs and cats, making it ideal for pet lovers. Residents appreciate the neighborhood's walkable streets and nearby conveniences, ensuring easy access to everything you need.
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