Houses & Townhomes for Rent in Philadelphia, PA

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What to Know About

Living in Philadelphia, PA

Philadelphia offers a unique blend of history and modern energy, making it a destination that has something for everyone. It is the birthplace of American independence and home to iconic landmarks such as the Liberty Bell and Independence Hall. The city is also known for its beautiful parks, including the vast Independence National Historical Park, the sprawling Fairmount Park, and the serene Schuylkill River Trail, perfect for exploring the great outdoors.

The city's cultural scene is thriving, with renowned institutions like the Philadelphia Museum of Art and the Kimmel Center for the Performing Arts, showcasing an array of artwork and performances that capture the city's vibrant energy. For sports enthusiasts, Philadelphia has a passionate fanbase, supporting professional teams such as the Philadelphia Eagles (NFL), the Philadelphia Phillies (MLB), the Philadelphia Flyers (NHL), and the Philadelphia 76ers (NBA). In addition, Philadelphia hosts world-class events such as the Liberty Bell Classic football game, the Pennsylvania Dutch Festival, and the Philly Beer Week beer festival.

Learn about American history, explore the great outdoors, or immerse yourself in the thriving arts and culture scene. You can do it all in Philadelphia, which is why it's such a great place to live.

Rental Market Trends

Philadelphia, PA

As of April 2025, Philadelphia's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Philadelphia's average rent is 1.6% ($27) higher than the Pennsylvania average of $1,647 and 6.4% ($114) lower than the U.S. average of $1,788.

Average Rent
$1,674
Monthly ChangeMonth Over Month Change
Decreased0.8% ($14)
Yearly ChangeYear Over Year Change
Increased4% ($64)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,498 Decreased1.8% ($28) Increased3.1% ($45)
2 Beds $1,789 Decreased1.4% ($25) Increased3.6% ($62)
3 Beds $2,122 Decreased0.7% ($16) Increased4.2% ($86)
Nearby Cities Average Rent Avg. Rent vs. PhiladelphiaAverage Rent vs. Philadelphia Avg. Days on MarketAverage Days on Market
Camden $1,262 Decreased24.6% ($412) 25 days
Bala Cynwyd $1,927 Increased15.1% ($253) 27 days
Pennsauken $2,391 Increased42.8% ($717) 26 days
Merchantville $2,039 Increased21.8% ($365) 27 days
Oaklyn $1,429 Decreased14.6% ($245) 29 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Philadelphia Rental Market FAQs

Explore rental prices, market trends, and availability in Philadelphia, PA.

The average rent in Philadelphia, PA is $1,674 per month.
Houses in Philadelphia typically rent for between $1,049 and $2,759 per month, with an average of $1,674 per month.
In Philadelphia, the average rent for a 1-bedroom house is $1,498 per month, for a 2-bedroom house, $1,789 per month, and a 3-bedroom house is $2,122 per month.
The average rent in Philadelphia is 6.4% ($114) lower than the national average of $1,788 per month.
The average rent in Philadelphia has decreased by 0.8% ($14) in the last month and increased by 4.0% ($64) over the past year.
The rental market in Philadelphia, PA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Philadelphia, PA, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 2,224 rental properties available in Philadelphia, PA.
Based on the current averages, a household would need an annual income of $71,560 to comfortably afford a 2-bedroom house in Philadelphia.
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