Center City, Philadelphia, PA Rental Market Trends
Last updated: April 08, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Center City is $2,478, a 0.82% increase compared to the previous year, when the average rent was $2,458.
Studio Apartments at $1,668 offer the most budget-friendly option with 454 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 730 square feet for $2,278, balancing privacy and affordability.
Two-beedroom units at $3,336 offer 1,111 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,710 sq ft) for $5,512, suitable for larger households.
Average rent in Center City, Philadelphia, PA
Last updated: April 08, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,478 | 789 sq. ft. |
| Studio | $1,668 | 454 sq. ft. |
| 1 Bed | $2,278 | 730 sq. ft. |
| 2 Beds | $3,336 | 1,111 sq. ft. |
| 3 Beds | $5,512 | 1,710 sq. ft. |
Center City, Philadelphia, PA rent trends
Rental prices in Center City, Philadelphia, PA have increased by 0.82% over the past year. The average rent moved from $2,458 to $2,478.
What's the typical rent budget in Center City, Philadelphia, PA?
The largest share of rentals in Center City, Philadelphia, PA (28%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Center City, Philadelphia, PA?
30,283 or 71% of the households in Center City, Philadelphia, PA are renter-occupied while 12,499 or 29% are owner-occupied.
Most affordable neighborhoods in Center City?
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 Center City?
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 |
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Philadelphia | Rent Comparison by Neighborhood
Rent in Andorra is 23% higher than in Ashton - Woodenbridge
$1,666
Andorra rent is 33% lower than Philadelphia average
Average Rent
$1,666
$1,355
Ashton - Woodenbridge rent is 45% lower than Philadelphia average
Average Rent
$1,355
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 Center City 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.