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 $0 for a 4-bedroom rental. The median price of all currently available listings is $1,825, or roughly $3 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 $525 (-32.30%) year-over-year from $1,625 to $1,100. 1-bedroom rentals prices have decreased by $159 (-8.36%) year-over-year from $1,899 to $1,740. 2-bedroom rentals prices have increased by $80 (2.74%) year-over-year from $2,920 to $3,000. 3-bedroom rentals prices have decreased by $4,182 (-46.05%) year-over-year from $9,082 to $4,900. 4-bedroom rentals prices have decreased by $26,533 (-90.47%) year-over-year from $29,328 to $2,795. 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 31.92% this month. 1-bedroom rents have gone down by 17.73% this month. 2-bedroom rents have gone up by 24.22% this month. 3-bedroom rents have gone up by 42.86% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.10 $1,100 $1,625 (-32.30%) $1,570 (-29.92%)
1 BR $2.71 $1,740 $1,899 (-8.36%) $1,770 (-1.68%)
2 BR $2.81 $3,000 $2,920 (2.74%) $2,610 (14.94%)
3 BR $3.67 $4,900 $9,082 (-46.05%) $3,898 (25.69%)

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 $1,600, 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 $2,190 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 12.50% more affordable than other cities nearby. One bedrooms are about 3.37% more expensive. Two bedrooms in Avenue of the Arts South, Philadelphia, PA are about 38.24% more expensive. Finally, rent for three bedrooms are about 69.80% 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 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 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, Kingsessing, and Germantown. 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 $1,850 per month. A total of 11 neighborhoods have a lower average rent. Meaning, only thirteen neighborhoods have a higher average rent than $1,850. Interestingly, the neighborhoods' average rent is higher than Avenue of the Arts South's average rent, which is only $1,825. Out of all the neighborhoods in or near Avenue of the Arts South, 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 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 $1,185 $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
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 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 $2,875, 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 5.91% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Avenue of the Arts South, Philadelphia, PA is 11.36% more expensive than other counties nearby. Finally, rent for two bedrooms in Avenue of the Arts South, Philadelphia, PA is 33.18% 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 $1,238 $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 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 $1,650. 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 $1,485 per month. In comparison, the zipcode with the most expensive average rent of $2,190 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 $1,394 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,639 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 $1,463 $1,735 $1,700
19145, Philadelphia, PA $1,125 $1,195 $1,573 $1,700
19131, Philadelphia, PA N/A $1,075 $1,395 $1,485
19144, Philadelphia, PA $975 $1,325 $1,628 $1,531
19128, Philadelphia, PA $1,325 $1,487 $1,650 $1,600
19460, Phoenixville, PA $1,898 $1,956 $2,300 $2,190

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 $1,825. 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 17 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 $1,750 and an average price per square feet of $2.71. There are a total of 49 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 $2,915 and an average price per square feet of $2.81. There are a total of 22 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 -0.32%, one bedroom rental prices have changed by -0.08%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by -0.46% 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 $1,460/month. You can search for these reasonably priced rental listings on RentHop.
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