Cheap Apartments for Rent in Philadelphia, PA
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Average Rent Trends in Philadelphia, PA
Rent in Philadelphia, PA varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Aug 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,615 |
| Oct 2025 | $1,600 |
| Nov 2025 | $1,600 |
| Dec 2025 | $1,600 |
| Jan 2026 | $1,600 |
| Feb 2026 | $1,600 |
| Mar 2026 | $1,603 |
| Apr 2026 | $1,625 |
| May 2026 | $1,650 |
| Jun 2026 | $1,635 |
| Jul 2026 | $1,625 |
| Aug 2026 | $1,650 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,350 | $1,650 | $1,900 | $2,300 | $1,622 |
| Townhomes | $1,250 | $1,650 | $2,000 | $2,500 | $1,850 |
| Apartments and Condos | $1,295 | $1,600 | $1,973 | $2,200 | $1,528 |
| Houses | $1,250 | $1,510 | $1,750 | $2,300 | $1,800 |
Frequently Asked Questions about Rentals in Philadelphia, PA
- What is the average rent of an apartment in Philadelphia, PA?The average rent of an apartment in Philadelphia, PA is $1,548 per month. This is about 21% lower than the national average.
- When is the average rent cheapest in Philadelphia, PA?In the last year, the average rent in Philadelphia, PA was lowest in Jan 2025 when it was $1,600 per month.
- When is the average rent most expensive in Philadelphia, PA?In the last year, the average rent in Philadelphia, PA was highest in May 2025 when it was $1,650 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Philadelphia, PA?The average rent of a 1 bedroom apartment in Philadelphia, PA is $1,350 per month. That is about $149 more than the cost of a studio apartment.
- How many available rental listings are in Philadelphia, PA?There are 9,306 available rental listings in Philadelphia, PA.
- What colleges and universities are in Philadelphia, PA?Colleges and universities in Philadelphia, PA include: Temple University, University of Pennsylvania, Thomas Jefferson University, Drexel University, La Salle University.
- What are some neighborhoods in Philadelphia, PA?Some neighborhoods in Philadelphia, PA include: Oxford Circle, Olney, West Oak Lane, Mayfair, Bustleton.
- What are some zip codes in Philadelphia, PA?
- What are some cities near Philadelphia, PA?Some nearby cities include: Cheltenham, Camden, Pennsauken, Bala-Cynwyd, Elkins Park. These cities may have more rental options to explore.
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