Average Rent in 19131, Philadelphia, PA

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Current Versus Historical 19131, Philadelphia, PA Rents

19131 rentals average $0 for a studio rental to $2,500 for a 4-bedroom rental. The median price of all currently available listings is $1,485, 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 $928 (-49.08%) year-over-year from $1,890 to $963. 1-bedroom rentals prices have decreased by $187 (-13.87%) year-over-year from $1,347 to $1,160. 2-bedroom rentals prices have decreased by $35 (-2.62%) year-over-year from $1,335 to $1,300. 3-bedroom rentals prices have decreased by $16 (-0.98%) year-over-year from $1,616 to $1,600. 4-bedroom rentals prices have increased by $430 (19.37%) year-over-year from $2,220 to $2,650. 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 37.78% this month. 1-bedroom rents have gone down by 20.49% this month. 2-bedroom rents have gone up by 5.05% this month. 3-bedroom rents have gone down by 5.84% this month. 4-bedroom rents have gone up by 27.45% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $0.70 $1,160 $1,347 (-13.87%) $1,817 (-36.17%)
2 BR $0.83 $1,300 $1,335 (-2.62%) $1,674 (-22.34%)
3 BR $1.29 $1,600 $1,616 (-0.98%) $1,292 (23.87%)
4+ BR $1.65 $2,650 $2,220 (19.37%) $2,896 (-8.49%)

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 $1,800 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 $2,190 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 inf% more affordable than other cities nearby. One bedrooms are about 57.30% more affordable. Two bedrooms in 19131, Philadelphia, PA are about 29.03% more affordable. Finally, rent for three bedrooms are about 28.71% 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 $1,495 $1,675 $1,600
Philadelphia, PA $1,238 $1,691 $1,800 $1,800
Phoenixville, PA $1,898 $1,975 $2,390 $2,190

Top Neighborhoods Near 19131

There are a total of 25 neighborhoods in or near 19131. Some of these neighborhoods include Cobbs Creek, Kingsessing, and Germantown. We've included all of these top 25 neighborhoods in or near 19131, Philadelphia, PA in the following chart.

The average rent for these 25 neighborhoods in or near 19131, Philadelphia, PA is currently around $1,850 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only twenty-two neighborhoods have a higher average rent than $1,850. Interestingly, the neighborhoods' average rent is higher than 19131's average rent, which is only $1,485. Out of all the neighborhoods in or near 19131, Cobbs Creek has the most affordable average rent at $1,351 per month. Whereas, at $2,395 average rent per month, Logan 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 N/A $1,185 $1,300 $1,351
Kingsessing, Philadelphia, PA N/A $1,213 $1,450 $1,413
Germantown, Philadelphia, PA $985 $1,225 $1,700 $1,450
Roxborough, Philadelphia, PA N/A $1,545 $1,632 $1,585
Port Richmond, Philadelphia, PA $1,500 $1,290 $1,499 $1,600
North Philadelphia West, Philadelphia, PA $850 $1,320 $1,475 $1,650
North Philadelphia East, Philadelphia, PA $1,264 $1,372 $1,700 $1,675
South Philadelphia West, Philadelphia, PA $1,125 $1,195 $1,550 $1,680
Spruce Hill, Philadelphia, PA $1,195 $1,575 $2,000 $1,700
Kensington, Philadelphia, PA $950 $1,545 $1,800 $1,750
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
Queen Village - Pennsport, Philadelphia, PA $988 $1,500 $1,895 $1,850
Point Breeze, Philadelphia, PA $1,092 $1,281 $1,750 $1,850
Manayunk, Philadelphia, PA $1,149 $1,495 $1,833 $1,875
Fairmount - Art Museum, Philadelphia, PA $1,395 $1,525 $1,982 $1,917
Rittenhouse Square, Philadelphia, PA $1,463 $1,922 $2,778 $1,932
Center City West, Philadelphia, PA $1,382 $1,973 $3,000 $1,973
Avenue of the Arts North, Philadelphia, PA N/A $1,413 $1,600 $1,975
Bella Vista - Southwark, Philadelphia, PA $1,395 $1,498 $1,895 $1,995
Washington Square West, Philadelphia, PA $1,750 $1,898 $2,495 $2,078
Graduate Hospital, Philadelphia, PA $1,246 $1,450 $2,150 $2,095
Center City East, Philadelphia, PA $1,235 $1,895 $2,655 $2,098
Northern Liberties - Fishtown, Philadelphia, PA $1,500 $1,750 $2,338 $2,150
Logan Square, Philadelphia, PA $1,795 $2,275 $3,745 $2,395

Top Counties Near 19131

There are a total of 25 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 $2,361. 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 $2,875, Mercer, NJ is the most expensive county by 19131, Philadelphia, PA.

Typically, rent for studios in 19131, Philadelphia, PA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 19131, Philadelphia, PA is 44.30% more affordable than other counties nearby. Finally, rent for two bedrooms in 19131, Philadelphia, PA is 39.61% 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 $1,238 $1,691 $1,800 $1,800
Delaware, PA $995 $1,400 $1,800 $2,065
Camden, NJ $1,800 $1,500 $1,900 $2,150
Montgomery, PA $1,710 $1,603 $1,995 $2,321
Burlington, NJ $900 $1,500 $2,038 $2,400
Bucks, PA $963 $1,800 $2,250 $2,700
Gloucester, NJ N/A $1,425 $1,745 $2,775
Mercer, NJ $1,075 $1,998 $2,400 $2,875

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 $1,700.

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 $1,195 $1,463 $1,735 $1,700
19128, Philadelphia, PA $1,325 $1,487 $1,650 $1,600
19144, Philadelphia, PA $975 $1,325 $1,628 $1,531
19145, Philadelphia, PA $1,125 $1,195 $1,573 $1,700
19460, Phoenixville, PA $1,898 $1,956 $2,300 $2,190

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 $1,485. 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 $0 and an average price per square feet of $0.00. There are a total of 1 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 $1,075 and an average price per square feet of $0.70. There are a total of 5 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 $1,395 and an average price per square feet of $0.83. 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 -0.49%, one bedroom rental prices have changed by -0.14%, two bedroom rental prices have changed by -0.03%, and three bedroom rental prices have changed by -0.01% year-over-year.
What is a reasonable rent price in 19131, Philadelphia, PA?
A reasonable rent price in 19131, Philadelphia, PA is around $1,188/month. You can search for these reasonably priced rental listings on RentHop.
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