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Cobbs Creek features historic homes surrounding its namesake park with running trails and recreation facilities. Rental options include charming rowhouses and apartments in smaller buildings at remarkably accessible rates compared to eastern Philadelphia neighborhoods. The neighborhood provides excellent transit access to both University City and downtown employment via trolley and subway connections, creating a perfect compromise between affordability and accessibility.
Community revitalization pulses through this district where the Village of Arts & Humanities hosts mural workshops in vacant lots. Renters enjoy affordable duplexes but face limited grocery options beyond Chinese takeouts on Cecil B. Moore Avenue.
Navigate apartment hunting and city life like a local with our curated articles about Philadelphia, Pennsylvania.
Welcome to the Apartment List February 2026 Rent Report for Philadelphia, PA. Currently, the overall median rent in the city stands at $1,373, roughly the same as last month. Prices are now down 0.2% year-over-year. Read on to learn more about what’s been happening in the Philadelphia rental market and how it compares to trends throughout the broader Philadelphia metro area and the nation as a whole.
National study of renter’s satisfaction with their cities and states
Apartment List has released Philadelphia’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters nationwide, provides insight on what states and cities must do to meet the needs of the country’s 111 million renters.
Key Findings in Philadelphia Include the Following:
Renters Say:
For more information on the survey methodology and findings or to speak to one of our researchers, please contact our team at rentonomics@apartmentlist.com.
Riverfront renaissance energizes Richmond, where Philadelphia's former industrial district along the Delaware River now features distinctive adaptive reuse projects alongside traditional row homes. The developing commercial district continues adding amenities serving resident needs beyond visitor experiences, while excellent public transportation including multiple bus routes and the Market-Frankford Line creates car-optional possibilities. Though some industrial operations remain active, the combination of affordability, character, and riverfront access creates compelling value for households seeking distinctive environments beyond cookie-cutter apartments.
"Philadelphia renters expressed satisfaction with the city overall," according to Apartment List. "However, there seems to be a discrepancy between renters who are parents, who are unsatisfied (F), and millennial renters (C)."
