Average Rent in 19122, Philadelphia, PA

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Current Versus Historical 19122, Philadelphia, PA Rents

19122 rentals average $1,402 for a studio rental to $2,275 for a 4-bedroom rental. The median price of all currently available listings is $1,750, or roughly $2 per square feet.
For the apartment units and housing in November 2024, median rents have fallenover the last year. Studio rentals prices have decreased by $145 (-9.56%) year-over-year from $1,520 to $1,375. 1-bedroom rentals prices have decreased by $88 (-5.69%) year-over-year from $1,539 to $1,452. 2-bedroom rentals prices have increased by $233 (14.19%) year-over-year from $1,642 to $1,875. 3-bedroom rentals prices have increased by $64 (3.14%) year-over-year from $2,036 to $2,100. 4-bedroom rentals prices have increased by $316 (16.02%) year-over-year from $1,972 to $2,288. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 7.99% this month. 1-bedroom rents have gone down by 5.47% this month. 2-bedroom rents have gone up by 4.65% this month. 3-bedroom rents have gone up by 3.36% this month. 4-bedroom rents have gone down by 1.44% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $0.98 $1,375 $1,520 (-9.56%) $1,959 (-29.81%)
1 BR $2.22 $1,452 $1,539 (-5.69%) $1,746 (-16.87%)
2 BR $1.85 $1,875 $1,642 (14.19%) $1,900 (-1.32%)
3 BR $1.49 $2,100 $2,036 (3.14%) $2,400 (-12.50%)
4+ BR $1.55 $2,288 $1,972 (16.02%) $2,113 (8.28%)

Historical Rents in 19122, Philadelphia, PA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 19122

There are a total of 3 cities nearby 19122. The average rent in 19122 is currently $1,800 per month. Only one city nearby has an average rent lower than that. Our records show that Wilmington, DE, with an average rent of $1,600, is the most affordable city nearby. In contrast, the most expensive city near 19122, Philadelphia, PA is Phoenixville, PA. Monthly rents here are on average $2,205 per month.

Let's compare 19122, Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 19122, Philadelphia, PA is 11.92% more expensive than other cities nearby. One bedrooms are about 15.14% more affordable. Two bedrooms in 19122, Philadelphia, PA are about 0.28% more affordable. Finally, rent for three bedrooms are about 0.25% more expensive. Want more information? Check out the top 3 cities near 19122, Philadelphia, PA in the following chart.
City Studio 1 Bed 2 Bed All
Wilmington, DE N/A $1,500 $1,750 $1,600
Philadelphia, PA $1,235 $1,670 $1,800 $1,800
Phoenixville, PA $1,898 $2,005 $2,420 $2,205

Top Neighborhoods Near 19122

There are a total of 27 neighborhoods in or near 19122. Some of these neighborhoods include Cobbs Creek, Kingsessing, and Germantown. We've included all of these top 27 neighborhoods in or near 19122, Philadelphia, PA in the following chart.

The average rent for these 27 neighborhoods in or near 19122, Philadelphia, PA is currently around $1,850 per month. A total of 11 neighborhoods have a lower average rent. Meaning, only sixteen neighborhoods have a higher average rent than $1,850. Interestingly, the neighborhoods' average rent is higher than 19122's average rent, which is only $1,750. Out of all the neighborhoods in or near 19122, Cobbs Creek has the most affordable average rent at $1,352 per month. Whereas, at $2,400 average rent per month, Logan Square is the most expensive neighborhood in or near 19122. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Cobbs Creek, Philadelphia, PA N/A $1,175 $1,313 $1,352
Kingsessing, Philadelphia, PA N/A $1,225 $1,450 $1,450
Germantown, Philadelphia, PA $985 $1,238 $1,656 $1,450
West Powelton, Philadelphia, PA $925 $1,200 $1,700 $1,500
Roxborough, Philadelphia, PA N/A $1,545 $1,638 $1,575
Port Richmond, Philadelphia, PA $1,500 $1,290 $1,450 $1,600
South Philadelphia West, Philadelphia, PA $1,125 $1,195 $1,550 $1,648
North Philadelphia East, Philadelphia, PA $1,264 $1,368 $1,676 $1,650
North Philadelphia West, Philadelphia, PA $950 $1,300 $1,475 $1,678
Spruce Hill, Philadelphia, PA $1,195 $1,575 $2,050 $1,725
Kensington, Philadelphia, PA $962 $1,495 $1,800 $1,733
East Germantown, Philadelphia, PA $875 $1,825 $1,450 $1,785
Avenue of the Arts South, Philadelphia, PA $1,100 $1,750 $2,915 $1,825
Manayunk, Philadelphia, PA $1,149 $1,495 $1,800 $1,850
Queen Village - Pennsport, Philadelphia, PA $988 $1,500 $1,895 $1,850
Point Breeze, Philadelphia, PA $1,092 $1,281 $1,750 $1,895
Fairmount - Art Museum, Philadelphia, PA $1,395 $1,525 $1,992 $1,934
Rittenhouse Square, Philadelphia, PA $1,450 $1,925 $2,806 $1,947
Center City West, Philadelphia, PA $1,376 $1,978 $3,140 $1,971
Bella Vista - Southwark, Philadelphia, PA $1,395 $1,538 $1,850 $1,995
Washington Square West, Philadelphia, PA $1,750 $1,895 $2,745 $2,078
Avenue of the Arts North, Philadelphia, PA N/A $1,413 $1,500 $2,080
Center City East, Philadelphia, PA $1,235 $1,855 $2,655 $2,095
Graduate Hospital, Philadelphia, PA $1,246 $1,452 $2,150 $2,125
Northern Liberties - Fishtown, Philadelphia, PA $1,452 $1,750 $2,350 $2,163
Fitler Square, Philadelphia, PA $1,330 $2,282 $2,245 $2,245
Logan Square, Philadelphia, PA $1,795 $2,275 $3,745 $2,400

Top Counties Near 19122

There are a total of 27 counties located by 19122, Philadelphia, PA. Some of these counties include Philadelphia, PA, Delaware, PA, and Camden, NJ. The average rent for rentals in these counties is $2,374. That's roughly around $2 per sqft. The county that is the most affordable is Philadelphia, PA. It's average rent per month is $1,800. Vice versa, with an average rent of $2,900, Mercer, NJ is the most expensive county by 19122, Philadelphia, PA.

Typically, rent for studios in 19122, Philadelphia, PA is 26.15% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 19122, Philadelphia, PA is 7.07% more affordable than other counties nearby. Finally, rent for two bedrooms in 19122, Philadelphia, PA is 8.50% more affordable than other counties nearby. We've listed the top 8 counties in the chart below.
County Studio 1 Bed 2 Bed All
Philadelphia, PA $1,235 $1,670 $1,800 $1,800
Delaware, PA $995 $1,400 $1,800 $2,098
Camden, NJ $1,800 $1,500 $1,900 $2,175
Montgomery, PA $1,718 $1,605 $1,995 $2,350
Burlington, NJ $900 $1,500 $2,100 $2,398
Bucks, PA $963 $1,800 $2,350 $2,700
Gloucester, NJ N/A $1,449 $1,800 $2,800
Mercer, NJ $1,075 $1,998 $2,400 $2,900

Top Zipcodes Near 19122

There are a total of 6 zipcodes in or near 19122, Philadelphia, PA. The average rent for all of these zipcodes is $1,650. A total of 5 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 19131, Philadelphia, PA at $1,463 per month. In comparison, the zipcode with the most expensive average rent of $2,197 per month is 19460, Phoenixville, PA.

Studios in these zipcodes have an average rent of $1,160. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 19122, Philadelphia, PA is $1,407 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,606 per month. Which comes out to $2 per sqft. The following chart includes the top 6 zipcodes in 19122, Philadelphia, PA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
19104, Philadelphia, PA $1,195 $1,463 $1,738 $1,700
19128, Philadelphia, PA $1,325 $1,495 $1,663 $1,600
19144, Philadelphia, PA $975 $1,352 $1,545 $1,516
19145, Philadelphia, PA $1,125 $1,195 $1,550 $1,700
19460, Phoenixville, PA $1,898 $1,973 $2,300 $2,197
19131, Philadelphia, PA N/A $1,075 $1,395 $1,463

Frequently Asked Questions - 19122 Average Rents

What is the average rent price in 19122, Philadelphia, PA?
The average monthly rental price for 19122, Philadelphia, PA apartments for rent is approximately $1,750. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 19122, Philadelphia, PA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 19122, Philadelphia, PA.
How much is a studio apartment in 19122, Philadelphia, PA?
The average monthly rental price for studio apartments is $1,402 and an average price per square feet of $0.98. There are a total of 10 studio apartment listings currently available for rent in 19122.
How much is a one bedroom apartment in 19122, Philadelphia, PA?
The average monthly rental price for one bedroom apartments is $1,450 and an average price per square feet of $2.22. There are a total of 71 one bedroom apartment listings currently available for rent in 19122.
How much is a two bedroom apartment in 19122, Philadelphia, PA?
The average monthly rental price for two bedroom apartments is $1,795 and an average price per square feet of $1.85. There are a total of 88 two bedroom apartment listings currently available for rent in 19122.
How have rent prices in 19122, Philadelphia, PA changed this year?
Rent prices for rentals in 19122, Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by -0.10%, one bedroom rental prices have changed by -0.06%, two bedroom rental prices have changed by 0.14%, and three bedroom rental prices have changed by 0.03% year-over-year.
What is a reasonable rent price in 19122, Philadelphia, PA?
A reasonable rent price in 19122, Philadelphia, PA is around $1,400/month. You can search for these reasonably priced rental listings on RentHop.
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