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 stayed about the same in Nov 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| 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 |
| Sep 2026 | $1,600 |
| Oct 2026 | $1,623 |
| Nov 2026 | $1,635 |
Average Rent By Bedroom and Home Type
In November 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 | $1,653 | $1,875 | $2,380 | $1,650 |
| Townhomes | $1,270 | $1,650 | $1,945 | $2,600 | $1,850 |
| Apartments and Condos | $1,295 | $1,600 | $1,900 | $2,200 | $1,511 |
| Houses | $1,400 | $1,600 | $1,789 | $2,400 | $1,845 |
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 $1,489 per month. This is about 23% lower than the national average.
- What are the cheapest months to find an apartment to rent in Philadelphia, PA?Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,600 per month.
- How many cheap apartments are available in Philadelphia, PA?There are 4,636 apartments to rent that are cheaper than the city’s average rent of $1,650.
- 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 $191 more than the cost of a studio apartment.
- 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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