Average Rent in 19131, Philadelphia, PA

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Current Versus Historical 19131, Philadelphia, PA Rents

19131 rentals average $1,000 for a studio rental to $2,095 for a 4-bedroom rental. The median price of all currently available listings is $1,450, or roughly $1 per square feet.

For the apartment units and housing in November 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $965 (-51.07%) year-over-year from $1,890 to $925. 1-bedroom rentals prices have decreased by $272 (-20.18%) year-over-year from $1,347 to $1,075. 2-bedroom rentals prices have increased by $27 (2.02%) year-over-year from $1,335 to $1,362. 3-bedroom rentals prices have decreased by $216 (-13.36%) year-over-year from $1,616 to $1,400. 4-bedroom rentals prices have increased by $180 (8.11%) year-over-year from $2,220 to $2,400. 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 39.71% this month. 1-bedroom rents have gone down by 24.86% this month. 2-bedroom rents have gone up by 8.25% this month. 3-bedroom rents have gone down by 14.24% this month. 4-bedroom rents have gone up by 20.25% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$1.08	$925	$1,890 (-51.07%)	$1,801 (-48.64%)
1 BR	$0.73	$1,075	$1,347 (-20.18%)	$1,817 (-40.85%)
2 BR	$0.96	$1,362	$1,335 (2.02%)	$1,674 (-18.64%)
3 BR	$1.22	$1,400	$1,616 (-13.36%)	$1,292 (8.39%)
4+ BR	$1.64	$2,400	$2,220 (8.11%)	$2,896 (-17.12%)

Historical Rents in 19131, Philadelphia, PA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 19131

There are a total of 3 cities nearby 19131. The average rent in 19131 is currently $1,795 per month. 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 19131, Philadelphia, PA is Phoenixville, PA. Monthly rents here are on average $2,127 per month.

Let's compare 19131, Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 19131, Philadelphia, PA is 25.00% more affordable than other cities nearby. One bedrooms are about 54.38% more affordable. Two bedrooms in 19131, Philadelphia, PA are about 24.44% more affordable. Finally, rent for three bedrooms are about 33.33% more affordable. Want more information? Check out the top 3 cities near 19131, Philadelphia, PA in the following chart.

City	Studio	1 Bed	2 Bed	All
Wilmington, DE	N/A	$1,400	$1,600	$1,600
Philadelphia, PA	$1,250	$1,675	$1,795	$1,795
Phoenixville, PA	$1,898	$1,832	$2,450	$2,127

Top Neighborhoods Near 19131

There are a total of 27 neighborhoods in or near 19131. Some of these neighborhoods include Cobbs Creek, Germantown, and Kingsessing. We've included all of these top 27 neighborhoods in or near 19131, Philadelphia, PA in the following chart.

The average rent for these 27 neighborhoods in or near 19131, Philadelphia, PA is currently around $1,825 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only twenty-four neighborhoods have a higher average rent than $1,825. Interestingly, the neighborhoods' average rent is higher than 19131's average rent, which is only $1,450. Out of all the neighborhoods in or near 19131, Cobbs Creek has the most affordable average rent at $1,350 per month. Whereas, at $2,241 average rent per month, Fitler Square is the most expensive neighborhood in or near 19131. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Cobbs Creek, Philadelphia, PA	$1,138	$1,193	$1,300	$1,350
Germantown, Philadelphia, PA	$952	$1,200	$1,595	$1,378
Kingsessing, Philadelphia, PA	$975	$1,225	$1,450	$1,450
West Powelton, Philadelphia, PA	$925	$1,265	$1,721	$1,500
Port Richmond, Philadelphia, PA	$1,500	$1,245	$1,450	$1,595
Roxborough, Philadelphia, PA	N/A	$1,550	$1,644	$1,600
South Philadelphia West, Philadelphia, PA	$1,125	$1,223	$1,500	$1,600
North Philadelphia West, Philadelphia, PA	$1,100	$1,200	$1,500	$1,650
Avenue of the Arts North, Philadelphia, PA	N/A	$1,375	$1,550	$1,650
North Philadelphia East, Philadelphia, PA	$1,103	$1,359	$1,688	$1,688
East Germantown, Philadelphia, PA	$895	$1,845	$1,450	$1,700
Spruce Hill, Philadelphia, PA	$1,345	$1,715	$2,000	$1,715
Kensington, Philadelphia, PA	$975	$1,600	$1,800	$1,750
Avenue of the Arts South, Philadelphia, PA	$1,055	$1,740	$2,850	$1,825
Queen Village - Pennsport, Philadelphia, PA	N/A	$1,650	$1,900	$1,850
Manayunk, Philadelphia, PA	$1,248	$1,475	$1,875	$1,875
Point Breeze, Philadelphia, PA	$1,080	$1,300	$1,725	$1,900
Rittenhouse Square, Philadelphia, PA	$1,398	$1,922	$2,781	$1,930
Center City West, Philadelphia, PA	$1,435	$1,950	$3,000	$1,945
Bella Vista - Southwark, Philadelphia, PA	$1,150	$1,350	$1,895	$1,970
Fairmount - Art Museum, Philadelphia, PA	$1,400	$1,550	$2,000	$1,980
Washington Square West, Philadelphia, PA	$1,750	$1,938	$2,523	$2,078
Center City East, Philadelphia, PA	$1,250	$1,860	$2,725	$2,095
Northern Liberties - Fishtown, Philadelphia, PA	$1,400	$1,700	$2,273	$2,100
Graduate Hospital, Philadelphia, PA	$1,242	$1,450	$2,150	$2,148
Logan Square, Philadelphia, PA	$1,796	$2,115	$3,295	$2,175
Fitler Square, Philadelphia, PA	$1,685	$2,219	$2,245	$2,241

Top Counties Near 19131

There are a total of 27 counties located by 19131, Philadelphia, PA. Some of these counties include Philadelphia, PA, Delaware, PA, and Camden, NJ. The average rent for rentals in these counties is $2,350. That's roughly around $2 per sqft. The county that is the most affordable is Philadelphia, PA. It's average rent per month is $1,795. Vice versa, with an average rent of $2,900, Mercer, NJ is the most expensive county by 19131, Philadelphia, PA.

Typically, rent for studios in 19131, Philadelphia, PA is 25.00% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 19131, Philadelphia, PA is 48.62% more affordable than other counties nearby. Finally, rent for two bedrooms in 19131, Philadelphia, PA is 38.53% 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	$1,250	$1,675	$1,795	$1,795
Delaware, PA	$700	$1,350	$1,700	$2,025
Camden, NJ	$1,800	$1,500	$1,975	$2,100
Montgomery, PA	$1,703	$1,625	$2,022	$2,300
Burlington, NJ	$950	$1,600	$2,075	$2,400
Gloucester, NJ	$1,300	$1,545	$1,713	$2,700
Bucks, PA	$963	$1,800	$2,350	$2,700
Mercer, NJ	$1,250	$2,000	$2,500	$2,900

Top Zipcodes Near 19131

There are a total of 5 zipcodes in or near 19131, Philadelphia, PA. The average rent for all of these zipcodes is $1,650.

The following chart includes the top 5 zipcodes in 19131, 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	$1,200	$1,475	$1,800	$1,715
19128, Philadelphia, PA	$1,363	$1,500	$1,707	$1,625
19144, Philadelphia, PA	$926	$1,377	$1,500	$1,495
19145, Philadelphia, PA	$1,125	$1,195	$1,550	$1,650
19460, Phoenixville, PA	$1,898	$1,829	$2,300	$2,100

Frequently Asked Questions - 19131 Average Rents

What is the average rent price in 19131, Philadelphia, PA?

The average monthly rental price for 19131, Philadelphia, PA apartments for rent is approximately $1,450. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 19131, 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 19131, Philadelphia, PA.

How much is a studio apartment in 19131, Philadelphia, PA?

The average monthly rental price for studio apartments is $1,000 and an average price per square feet of $1.08. There are a total of 3 studio apartment listings currently available for rent in 19131.

How much is a one bedroom apartment in 19131, Philadelphia, PA?

The average monthly rental price for one bedroom apartments is $1,085 and an average price per square feet of $0.73. There are a total of 6 one bedroom apartment listings currently available for rent in 19131.

How much is a two bedroom apartment in 19131, Philadelphia, PA?

The average monthly rental price for two bedroom apartments is $1,443 and an average price per square feet of $0.96. There are a total of 22 two bedroom apartment listings currently available for rent in 19131.

How have rent prices in 19131, Philadelphia, PA changed this year?

Rent prices for rentals in 19131, Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by -0.51%, one bedroom rental prices have changed by -0.20%, two bedroom rental prices have changed by 0.02%, and three bedroom rental prices have changed by -0.13% year-over-year.

What is a reasonable rent price in 19131, Philadelphia, PA?

A reasonable rent price in 19131, Philadelphia, PA is around $1,160/month. You can search for these reasonably priced rental listings on RentHop.