Average Rent in Philadelphia, PA
6 apartment buildings, 69 units. Real asking prices, refreshed daily.
Avg Rent
$2,554/mo
market average
Cheapest
$1,385/mo
Ray Philly
Properties
6
tracked daily
Units
69
available now
Philadelphia, PA Resident Access
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Analysis
Rent Price Breakdown
Compare pricing across all 6 properties in Philadelphia, PA.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Philadelphia, PA Rent Prices
All 6 properties ranked by lowest available rent.
Ray Philly
1525 N American St, Philadelphia, PA 19122, USA
The Regis Group
340 N 12th St #100, Philadelphia, PA 19107, USA
Hagert and York
1999 E Boston St, Philadelphia, PA 19125, USA
Edgewater
2323 Race St, Philadelphia, PA 19103, USA
1919 Market Street Apartments
1919 Market St, Philadelphia, PA 19103, USA
One Cathedral Square
1701 Race St, Philadelphia, PA 19103, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Ray Philly 1525 N American St, Philadelphia, PA 19122, USA | $1,385 | $1,787 | $3.17 | 4.3 (54) | 5 |
| 2 | The Regis Group 340 N 12th St #100, Philadelphia, PA 19107, USA | $1,495 | $2,135 | $2.24 | 3.4 (100) | 12 |
| 3 | Hagert and York 1999 E Boston St, Philadelphia, PA 19125, USA | $1,635 | $1,668 | $2.52 | 4.8 (84) | 8 |
| 4 | Edgewater 2323 Race St, Philadelphia, PA 19103, USA | $1,943 | $2,766 | $3.72 | 4.4 (139) | 24 |
| 5 | 1919 Market Street Apartments 1919 Market St, Philadelphia, PA 19103, USA | $1,945 | $3,154 | $3.93 | 4.4 (168) | 19 |
| 6 | One Cathedral Square 1701 Race St, Philadelphia, PA 19103, USA | $2,045 | $2,045 | $63.91 | 5 (206) | 1 |
Explore Each Property
Ray Philly
4.3 (54)1525 N American St, Philadelphia, PA 19122, USA
The Regis Group
3.4 (100)340 N 12th St #100, Philadelphia, PA 19107, USA
Hagert and York
4.8 (84)1999 E Boston St, Philadelphia, PA 19125, USA
Edgewater
4.4 (139)2323 Race St, Philadelphia, PA 19103, USA
1919 Market Street Apartments
4.4 (168)1919 Market St, Philadelphia, PA 19103, USA
One Cathedral Square
5 (206)1701 Race St, Philadelphia, PA 19103, USA
Philadelphia, PA Average Rent Prices 2026
The average rent in Philadelphia, PA is $2,554 per month, based on 69 units across 6 apartment communities. Prices range from $1,385 at Ray Philly to $2,045 at One Cathedral Square.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,964/mo | $1,385/mo | 15 |
| 1 Bed | $2,393/mo | $1,495/mo | 38 |
| 2 Bed | $3,284/mo | $1,925/mo | 13 |
| 3 Bed | $4,383/mo | $2,650/mo | 3 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Philadelphia, PA, and what they pay
Tracked one-bedroom rent in Philadelphia, PA averages $2,393/mo, with two-bedroom units averaging $3,284/mo. At the local median household income of $60,698, that works out to 50% of gross income, a severely rent-burdened market by HUD standards.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Philadelphia, PA at $1,323/mo. The current tracked market average runs 93% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Philadelphia, PA while the tracked market average covers units currently listed in larger apartment communities.
Who employs renters in Philadelphia
Demand in the Philadelphia rental market is shaped by the metro's largest private and public employers. The following organizations anchor local hiring and influence what renters can pay:
- University of Pennsylvania
- Comcast
- Independence Blue Cross
- Jefferson Health
- Children's Hospital of Philadelphia
Mean one-way commute in Philadelphia, PA is 32 minutes, per the Census ACS, useful context when weighing which properties sit inside reasonable reach of these employers.
What salary do I need to live comfortably in Philadelphia, PA?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$102,000/year
Based on the 30 percent rule, using our tracked average rent of $2,554/mo.
Comfortable income
$123,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,385/mo), you need to earn at least $55,000/year.
Median household income in Philadelphia, PA is $60,698 , about 50% below the comfortable-living threshold.
Cost of living in Philadelphia, PA
Overall prices in Philadelphia, PA runs above the national average by about 2% (BEA Regional Price Parity index 102.4, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Philadelphia, PA's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,554 |
| Utilities | $506 |
| Groceries | $530 |
| Transportation | $1,207 |
| Healthcare | $589 |
| Other goods and services | $942 |
| Estimated total | $6,329/mo |
Population
1,582,432
Median household income
$60,698
Census median rent
$1,323/mo
Rent as % of income
31.2%
Median age
35.1
Mean commute
32 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in Pennsylvania
How Philadelphia, PA rent compares to other markets in the state.
| City | Avg Rent | vs Philadelphia, PA | Properties |
|---|---|---|---|
| Allentown, PA | $1,740 | -32% | 30 |
| Pittsburgh, PA | $2,012 | -21% | 8 |
| Erie, PA | $1,083 | -58% | 7 |
Frequently asked questions
What is the average rent in Philadelphia, PA?
The average rent in Philadelphia, PA is $2,554 per month, based on 69 units across 6 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the cheapest apartment rent in Philadelphia, PA?
The lowest available rent in Philadelphia, PA starts at $1,385 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Philadelphia, PA?
1-bedroom apartments in Philadelphia, PA average $2,393/mo. The lowest listed 1-bedroom starts at $1,495/mo across 38 units tracked.
How much is a 2-bedroom apartment in Philadelphia, PA?
2-bedroom apartments in Philadelphia, PA average $3,284/mo. Units start from $1,925/mo across 13 units currently listed.
Rent Trends in Philadelphia, PA
Track how apartment prices are changing over time.
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