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 $1,055 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 $540 (-33.22%) year-over-year from $1,625 to $1,085. 1-bedroom rentals prices have decreased by $181 (-9.55%) year-over-year from $1,899 to $1,718. 2-bedroom rentals prices have increased by $230 (7.88%) year-over-year from $2,920 to $3,150. 3-bedroom rentals prices have decreased by $1,107 (-12.19%) year-over-year from $9,082 to $7,975. 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 32.64% this month. 1-bedroom rents have gone down by 18.51% this month. 2-bedroom rents have gone up by 27.79% this month. 3-bedroom rents have gone up by 79.01% 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 $1,085 $1,625 (-33.22%) $1,570 (-30.88%)
1 BR $2.68 $1,718 $1,899 (-9.55%) $1,770 (-2.95%)
2 BR $2.75 $3,150 $2,920 (7.88%) $2,610 (20.69%)
3 BR $4.02 $7,975 $9,082 (-12.19%) $3,898 (104.57%)

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 $1,795 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 $2,127 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 18.48% more affordable than other cities nearby. One bedrooms are about 3.74% more expensive. Two bedrooms in Avenue of the Arts South, Philadelphia, PA are about 37.02% more expensive. Finally, rent for three bedrooms are about 74.92% 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 $1,400 $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 Avenue of the Arts South

There are a total of 26 neighborhoods in or near Avenue of the Arts South. Some of these neighborhoods include Cobbs Creek, Germantown, and Kingsessing. We've included all of these top 26 neighborhoods in or near Avenue of the Arts South, Philadelphia, PA in the following chart.

The average rent for these 26 neighborhoods in or near Avenue of the Arts South, Philadelphia, PA is currently around $1,800 per month. A total of 13 neighborhoods have a lower average rent. Meaning, only thirteen neighborhoods have a higher average rent than $1,800. 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 $2,241 average rent per month, Fitler 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 $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
South Philadelphia West, Philadelphia, PA $1,125 $1,223 $1,500 $1,600
Roxborough, Philadelphia, PA N/A $1,550 $1,644 $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
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 Avenue of the Arts South

There are a total of 26 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 $2,350. 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 $1,795. Vice versa, with an average rent of $2,900, 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 18.48% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Avenue of the Arts South, Philadelphia, PA is 7.33% more expensive than other counties nearby. Finally, rent for two bedrooms in Avenue of the Arts South, Philadelphia, PA is 29.89% 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 $1,675 $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 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 $1,638. 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 $2,100 per month is 19460, Phoenixville, PA.

Studios in these zipcodes have an average rent of $1,163. 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 $1,426 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,629 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 $1,200 $1,475 $1,800 $1,715
19145, Philadelphia, PA $1,125 $1,195 $1,550 $1,650
19131, Philadelphia, PA $1,000 $1,085 $1,443 $1,450
19144, Philadelphia, PA $926 $1,377 $1,500 $1,495
19128, Philadelphia, PA $1,363 $1,500 $1,707 $1,625
19460, Phoenixville, PA $1,898 $1,829 $2,300 $2,100

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 $1,055 and an average price per square feet of $3.10. There are a total of 18 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 $1,740 and an average price per square feet of $2.68. There are a total of 51 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 $2,850 and an average price per square feet of $2.75. There are a total of 21 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 -0.33%, one bedroom rental prices have changed by -0.10%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by -0.12% 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.
Quantcast