Average Rent in Avenue of the Arts South, Philadelphia, PA

Current Versus Historical Avenue of the Arts South, Philadelphia, PA Rents

Avenue of the Arts South rentals average $1,100 for a studio rental to $24,973 for a 4-bedroom rental. The median price of all currently available listings is $1,960, or roughly $3 per square feet.
For the apartment units and housing in December 2024, median rents have fallenover the last year. Studio rentals prices have decreased by $701 (-37.87%) year-over-year from $1,851 to $1,150. 1-bedroom rentals prices have decreased by $174 (-9.36%) year-over-year from $1,862 to $1,688. 2-bedroom rentals prices have increased by $189 (6.37%) year-over-year from $2,961 to $3,150. 3-bedroom rentals prices have increased by $708 (8.37%) year-over-year from $8,467 to $9,175. 4-bedroom rentals prices have decreased by $4,667 (-15.73%) year-over-year from $29,662 to $24,995. 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 13.56% this month. 1-bedroom rents have gone down by 15.38% this month. 2-bedroom rents have gone up by 19.78% this month. 3-bedroom rents have gone up by 77.93% this month. 4-bedroom rents have gone up by 79.88% this month.
Beds
Price / Sqft
Dec 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.10 $1,150 $1,851 (-37.87%) $1,607 (-28.45%)
1 BR $2.77 $1,688 $1,862 (-9.36%) $1,798 (-6.15%)
2 BR $2.83 $3,150 $2,961 (6.37%) $2,675 (17.77%)
3 BR $4.02 $9,175 $8,467 (8.37%) $2,700 (239.81%)
4+ BR $5.28 $24,995 $29,662 (-15.73%) $22,966 (8.84%)

Historical Rents in Avenue of the Arts South, Philadelphia, PA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Avenue of the Arts South

There are a total of 3 cities nearby Avenue of the Arts South. The average rent in Avenue of the Arts South is currently $1,800 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Wilmington, DE, with an average rent of $1,673, is the most affordable city nearby. In contrast, the most expensive city near Avenue of the Arts South, Philadelphia, PA is Phoenixville, PA. Monthly rents here are on average $2,150 per month.

Let's compare Avenue of the Arts South, Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Avenue of the Arts South, Philadelphia, PA is 17.73% more affordable than other cities nearby. One bedrooms are about 2.13% more expensive. Two bedrooms in Avenue of the Arts South, Philadelphia, PA are about 37.41% more expensive. Finally, rent for three bedrooms are about 78.20% more expensive. Want more information? Check out the top 3 cities near Avenue of the Arts South, Philadelphia, PA in the following chart.
City Studio 1 Bed 2 Bed All
Wilmington, DE $1,295 $1,495 $1,823 $1,673
Philadelphia, PA $1,250 $1,681 $1,800 $1,800
Phoenixville, PA $1,693 $1,968 $2,437 $2,150

Top Neighborhoods Near Avenue of the Arts South

There are a total of 24 neighborhoods in or near Avenue of the Arts South. Some of these neighborhoods include Cobbs Creek, Germantown, and Roxborough. We've included all of these top 24 neighborhoods in or near Avenue of the Arts South, Philadelphia, PA in the following chart.

The average rent for these 24 neighborhoods in or near Avenue of the Arts South, Philadelphia, PA is currently around $1,873 per month. A total of 14 neighborhoods have a lower average rent. Meaning, only ten neighborhoods have a higher average rent than $1,873. Out of all the neighborhoods in or near Avenue of the Arts South, Cobbs Creek has the most affordable average rent at $1,350 per month. Whereas, at $3,295 average rent per month, University City is the most expensive neighborhood in or near Avenue of the Arts South. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Cobbs Creek, Philadelphia, PA N/A $1,193 $1,338 $1,350
Germantown, Philadelphia, PA $1,023 $1,275 $1,644 $1,450
Roxborough, Philadelphia, PA $1,425 $1,570 $1,675 $1,600
Port Richmond, Philadelphia, PA $1,500 $1,245 $1,400 $1,600
South Philadelphia West, Philadelphia, PA $1,125 $1,198 $1,500 $1,613
North Philadelphia East, Philadelphia, PA $1,236 $1,400 $1,700 $1,632
North Philadelphia West, Philadelphia, PA $1,100 $1,395 $1,500 $1,650
Kensington, Philadelphia, PA $1,037 $1,495 $1,750 $1,734
East Germantown, Philadelphia, PA $863 $1,850 $1,450 $1,800
Manayunk, Philadelphia, PA $1,175 $1,500 $1,800 $1,838
Spruce Hill, Philadelphia, PA $1,050 $1,699 $2,000 $1,850
Point Breeze, Philadelphia, PA $1,080 $1,243 $1,700 $1,850
Queen Village - Pennsport, Philadelphia, PA N/A $1,497 $1,895 $1,895
Rittenhouse Square, Philadelphia, PA $1,463 $1,901 $2,951 $1,947
Avenue of the Arts North, Philadelphia, PA N/A $1,456 $1,388 $1,985
Bella Vista - Southwark, Philadelphia, PA $1,798 $1,550 $1,900 $1,997
Graduate Hospital, Philadelphia, PA $1,065 $1,450 $2,175 $1,998
Fairmount - Art Museum, Philadelphia, PA $1,656 $1,600 $2,100 $2,000
Center City West, Philadelphia, PA $1,386 $2,095 $3,151 $2,075
Center City East, Philadelphia, PA $1,125 $1,910 $2,800 $2,095
Northern Liberties - Fishtown, Philadelphia, PA $1,400 $1,715 $2,450 $2,100
Washington Square West, Philadelphia, PA $1,650 $1,915 $3,123 $2,100
Logan Square, Philadelphia, PA $1,796 $2,275 $3,800 $2,528
University City, Philadelphia, PA $1,368 $3,500 $3,975 $3,295

Top Counties Near Avenue of the Arts South

There are a total of 24 counties located by Avenue of the Arts South, 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. A total of 1 counties have a lower average rent. 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 $3,000, Mercer, NJ is the most expensive county by Avenue of the Arts South, Philadelphia, PA.

Typically, rent for studios in Avenue of the Arts South, Philadelphia, PA is 11.36% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Avenue of the Arts South, Philadelphia, PA is 6.23% more expensive than other counties nearby. Finally, rent for two bedrooms in Avenue of the Arts South, Philadelphia, PA is 32.18% more expensive 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 $1,681 $1,800 $1,800
Delaware, PA $873 $1,350 $1,950 $2,000
Camden, NJ $1,400 $1,540 $1,900 $2,200
Montgomery, PA $1,747 $1,700 $2,000 $2,350
Burlington, NJ $1,200 $1,525 $2,100 $2,373
Gloucester, NJ N/A $1,400 $1,900 $2,575
Bucks, PA N/A $1,800 $2,300 $2,650
Mercer, NJ $1,650 $1,900 $2,400 $3,000

Top Zipcodes Near Avenue of the Arts South

There are a total of 6 zipcodes in or near Avenue of the Arts South, Philadelphia, PA. The average rent for all of these zipcodes is $1,688. 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 $1,450 per month. In comparison, the zipcode with the most expensive average rent of $2,150 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 Avenue of the Arts South, Philadelphia, PA is $1,563 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,651 per month. Which comes out to $2 per sqft. The following chart includes the top 6 zipcodes in Avenue of the Arts South, 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 $1,575 $1,781 $1,796
19145, Philadelphia, PA $1,125 $1,198 $1,550 $1,700
19131, Philadelphia, PA N/A $1,135 $1,373 $1,450
19144, Philadelphia, PA $985 $1,637 $1,604 $1,675
19128, Philadelphia, PA $1,363 $1,550 $1,698 $1,625
19460, Phoenixville, PA $1,693 $1,968 $2,335 $2,150

Frequently Asked Questions - Avenue of the Arts South Average Rents

What is the average rent price in Avenue of the Arts South, Philadelphia, PA?
The average monthly rental price for Avenue of the Arts South, Philadelphia, PA apartments for rent is approximately $1,960. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Avenue of the Arts South, 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 Avenue of the Arts South, Philadelphia, PA.
How much is a studio apartment in Avenue of the Arts South, Philadelphia, PA?
The average monthly rental price for studio apartments is $1,100 and an average price per square feet of $3.10. There are a total of 15 studio apartment listings currently available for rent in Avenue of the Arts South.
How much is a one bedroom apartment in Avenue of the Arts South, Philadelphia, PA?
The average monthly rental price for one bedroom apartments is $1,718 and an average price per square feet of $2.77. There are a total of 36 one bedroom apartment listings currently available for rent in Avenue of the Arts South.
How much is a two bedroom apartment in Avenue of the Arts South, Philadelphia, PA?
The average monthly rental price for two bedroom apartments is $2,912 and an average price per square feet of $2.83. There are a total of 20 two bedroom apartment listings currently available for rent in Avenue of the Arts South.
How have rent prices in Avenue of the Arts South, Philadelphia, PA changed this year?
Rent prices for rentals in Avenue of the Arts South, Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by -0.38%, one bedroom rental prices have changed by -0.09%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by 0.08% year-over-year.
What is a reasonable rent price in Avenue of the Arts South, Philadelphia, PA?
A reasonable rent price in Avenue of the Arts South, Philadelphia, PA is around $1,568/month. You can search for these reasonably priced rental listings on RentHop.
Quantcast