South Philadelphia, Philadelphia, PA Rental Market Trends
Last updated: April 03, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in South Philadelphia is $2,252, a 4.89% decrease compared to the previous year, when the average rent was $2,368.
Studio Apartments at $1,565 offer the most budget-friendly option with 477 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 687 square feet for $2,008, balancing privacy and affordability.
Two-beedroom units at $2,566 offer 1,009 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,676 sq ft) for $5,930, suitable for larger households.
Average rent in South Philadelphia, Philadelphia, PA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,252 | 792 sq. ft. |
| Studio | $1,565 | 477 sq. ft. |
| 1 Bed | $2,008 | 687 sq. ft. |
| 2 Beds | $2,566 | 1,009 sq. ft. |
| 3 Beds | $5,930 | 1,676 sq. ft. |
South Philadelphia, Philadelphia, PA rent trends
Rental prices in South Philadelphia, Philadelphia, PA have decreased by 4.89% over the past year. The average rent moved from $2,368 to $2,252.
What's the typical rent budget in South Philadelphia, Philadelphia, PA?
The largest share of rentals in South Philadelphia, Philadelphia, PA (41%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in South Philadelphia, Philadelphia, PA?
30,345 or 43% of the households in South Philadelphia, Philadelphia, PA are renter-occupied while 40,499 or 57% are owner-occupied.
Most affordable neighborhoods in South Philadelphia?
Frankford $1,099/month
Ogontz $1,106/month
Tioga $1,171/month
All of these neighborhoods fall below the city wide average of $1,988/month.Most expensive neighborhoods in South Philadelphia?
Hawthorne $3,116/month
University City $3,292/month
Society Hill $3,437/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Philadelphia, PA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Society Hill | $3,437 |
| University City | $3,292 |
| Hawthorne | $3,116 |
| Center City West | $2,897 |
| North Philadelphia | $2,646 |
| Powelton Village | $2,606 |
| Rittenhouse Square | $2,525 |
| Passyunk Square | $2,421 |
| Logan Square | $2,418 |
| Northern Liberties | $2,405 |
| Old City | $2,294 |
| Southwest Center City | $2,274 |
| West Poplar | $2,272 |
| Olde Kensington | $2,224 |
| Manayunk | $2,218 |
| Market East | $2,193 |
| Spring Garden | $2,168 |
| East Poplar | $2,141 |
| Fishtown | $2,116 |
| Kensington South | $2,100 |
| Washington Square West | $2,010 |
| Callowhill | $1,974 |
| Mill Creek | $1,937 |
| Chestnut Hill | $1,919 |
| Paradise | $1,879 |
| Cabot | $1,863 |
| East Torresdale | $1,828 |
| Norris Square | $1,818 |
| Central Roxborough | $1,801 |
| Spruce Hill | $1,782 |
| Mantua | $1,746 |
| East Kensington | $1,727 |
| Francisville | $1,725 |
| Brewerytown | $1,725 |
| Packer Park | $1,718 |
| Wynnefield Heights | $1,713 |
| Garden Court | $1,710 |
| Upper Roxborough | $1,667 |
| Andorra | $1,666 |
| Wynnefield | $1,637 |
| East Falls | $1,620 |
| Overbrook Farms | $1,612 |
| Parkwood | $1,569 |
| Point Breeze | $1,561 |
| Somerton | $1,518 |
| West Mount Airy | $1,502 |
| Wissahickon | $1,489 |
| West Torresdale | $1,485 |
| Bustleton | $1,485 |
| Holmesburg | $1,485 |
| Millbrook | $1,483 |
| Germantown | $1,468 |
| Fox Chase | $1,453 |
| Cecil B Moore | $1,451 |
| Oxford Circle | $1,435 |
| Kensington | $1,428 |
| Winchester | $1,406 |
| Rhawnhurst | $1,397 |
| Melrose Park Gardens | $1,392 |
| Tacony | $1,385 |
| Bells Corner | $1,365 |
| East Mount Airy | $1,363 |
| Ashton - Woodenbridge | $1,355 |
| Burholme | $1,352 |
| Cobbs Creek | $1,346 |
| East Oak Lane | $1,339 |
| Cedarbrook | $1,332 |
| Eastwick Southwest Philadelphia | $1,329 |
| West Oak Lane | $1,294 |
| Olney | $1,281 |
| Lexington | $1,271 |
| Fern Rock | $1,269 |
| Cedar Park | $1,256 |
| Logan | $1,226 |
| Walnut Hill | $1,176 |
| Tioga | $1,171 |
| Ogontz | $1,106 |
| Frankford | $1,099 |
Philadelphia | Rent Comparison by Neighborhood
Rent in Andorra is 23% higher than in Ashton - Woodenbridge
Andorra rent is 26% lower than Philadelphia average
Ashton - Woodenbridge rent is 40% lower than Philadelphia average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all South Philadelphia apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.