Average Rent in Center City East, Philadelphia, PA

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Current Versus Historical Center City East, Philadelphia, PA Rents

Center City East rentals average $1,220 for a studio rental to $6,150 for a 4-bedroom rental. The median price of all currently available listings is $2,105, or roughly $3 per square feet.
For the apartment units and housing in February 2025, median rents have risen substantially over the last year. Studio rentals prices have decreased by $144 (-8.38%) year-over-year from $1,719 to $1,575. 1-bedroom rentals prices have increased by $361 (20.96%) year-over-year from $1,722 to $2,083. 2-bedroom rentals prices have increased by $245 (10.02%) year-over-year from $2,445 to $2,690. 3-bedroom rentals prices have decreased by $4,300 (-66.15%) year-over-year from $6,500 to $2,200. 4-bedroom rentals prices have increased by $3,967 (119.00%) year-over-year from $3,333 to $7,300. 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 1.80% this month. 1-bedroom rents have gone up by 1.05% this month. 2-bedroom rents have gone up by 2.28% this month. 3-bedroom rents have gone down by 44.80% this month. 4-bedroom rents have gone up by 56.99% this month.
Beds
Price / Sqft
Feb 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.44 $1,575 $1,719 (-8.38%) $1,538 (2.39%)
1 BR $3.04 $2,083 $1,722 (20.96%) $1,714 (21.49%)
2 BR $2.47 $2,690 $2,445 (10.02%) $2,470 (8.91%)
3 BR $0.99 $2,200 $6,500 (-66.15%) $5,320 (-58.64%)
4+ BR $1.92 $7,300 $3,333 (119.00%) $7,175 (1.74%)

Historical Rents in Center City East, Philadelphia, PA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Center City East

There are a total of 3 cities nearby Center City East. The average rent in Center City East 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 $1,620, is the most affordable city nearby. In contrast, the most expensive city near Center City East, Philadelphia, PA is Phoenixville, PA. Monthly rents here are on average $2,171 per month.

Let's compare Center City East, Philadelphia, PA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Center City East, Philadelphia, PA is 2.46% more affordable than other cities nearby. One bedrooms are about 17.27% more expensive. Two bedrooms in Center City East, Philadelphia, PA are about 22.70% more expensive. Finally, rent for three bedrooms are about 4.55% more expensive. Want more information? Check out the top 3 cities near Center City East, Philadelphia, PA in the following chart.
City Studio 1 Bed 2 Bed All
Wilmington, DE $1,250 $1,500 $1,975 $1,620
Philadelphia, PA $1,288 $1,700 $1,850 $1,800
Phoenixville, PA N/A $1,981 $2,238 $2,171

Top Neighborhoods Near Center City East

There are a total of 16 neighborhoods in or near Center City East. Some of these neighborhoods include Cobbs Creek, Germantown, and North Philadelphia East. We've included all of these top 16 neighborhoods in or near Center City East, Philadelphia, PA in the following chart.

The average rent for these 16 neighborhoods in or near Center City East, Philadelphia, PA is currently around $1,825 per month. A total of 14 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $1,825. Out of all the neighborhoods in or near Center City East, Cobbs Creek has the most affordable average rent at $1,400 per month. Whereas, at $3,323 average rent per month, University City is the most expensive neighborhood in or near Center City East. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Cobbs Creek, Philadelphia, PA N/A $1,100 $1,400 $1,400
Germantown, Philadelphia, PA $1,210 $1,450 $1,877 $1,498
North Philadelphia East, Philadelphia, PA $1,250 $1,495 $1,700 $1,675
Manayunk, Philadelphia, PA $1,400 $1,500 $1,673 $1,695
North Philadelphia West, Philadelphia, PA $1,285 $1,300 $1,600 $1,725
East Germantown, Philadelphia, PA N/A $1,790 $1,350 $1,753
Kensington, Philadelphia, PA $1,205 $1,431 $1,800 $1,763
Washington Square West, Philadelphia, PA $1,400 $1,678 $1,893 $1,800
Point Breeze, Philadelphia, PA $1,149 $1,450 $1,825 $1,850
Bella Vista - Southwark, Philadelphia, PA $1,000 $1,500 $1,900 $1,875
Northern Liberties - Fishtown, Philadelphia, PA $1,395 $1,725 $2,550 $1,900
Center City West, Philadelphia, PA $1,525 $2,000 $2,840 $1,998
Fairmount - Art Museum, Philadelphia, PA $1,525 $1,818 $2,100 $1,998
Rittenhouse Square, Philadelphia, PA $1,615 $1,895 $2,758 $2,050
Logan Square, Philadelphia, PA $1,827 $2,300 $3,930 $2,508
University City, Philadelphia, PA $1,281 $3,386 $3,950 $3,323

Top Counties Near Center City East

There are a total of 16 counties located by Center City East, 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 2 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 $2,900, Mercer, NJ is the most expensive county by Center City East, Philadelphia, PA.

Typically, rent for studios in Center City East, Philadelphia, PA is 63.11% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Center City East, Philadelphia, PA is 19.72% more expensive than other counties nearby. Finally, rent for two bedrooms in Center City East, Philadelphia, PA is 22.70% 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 $1,288 $1,700 $1,850 $1,800
Delaware, PA N/A $1,500 $1,800 $1,900
Camden, NJ $900 $1,450 $1,950 $2,300
Montgomery, PA $1,706 $1,800 $2,000 $2,300
Burlington, NJ N/A $1,600 $2,000 $2,400
Gloucester, NJ N/A $1,490 $1,850 $2,600
Bucks, PA N/A $1,800 $2,450 $2,660
Mercer, NJ $3,100 $1,900 $2,500 $2,900

Top Zipcodes Near Center City East

There are a total of 5 zipcodes in or near Center City East, Philadelphia, PA. The average rent for all of these zipcodes is $1,717. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 19144, Philadelphia, PA at $1,550 per month. In comparison, the zipcode with the most expensive average rent of $2,151 per month is 19460, Phoenixville, PA.

Studios in these zipcodes have an average rent of $1,184. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Center City East, Philadelphia, PA is $1,550 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,700 per month. Which comes out to $2 per sqft. The following chart includes the top 5 zipcodes in Center City East, 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 $1,184 $2,240 $1,700 $1,717
19145, Philadelphia, PA N/A $1,288 $1,673 $1,750
19144, Philadelphia, PA $1,200 $1,513 $1,750 $1,550
19128, Philadelphia, PA $1,425 $1,550 $1,650 $1,675
19460, Phoenixville, PA N/A $1,957 $2,195 $2,151

Frequently Asked Questions - Center City East Average Rents

What is the average rent price in Center City East, Philadelphia, PA?
The average monthly rental price for Center City East, Philadelphia, PA apartments for rent is approximately $2,105. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Center City East, 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 Center City East, Philadelphia, PA.
How much is a studio apartment in Center City East, Philadelphia, PA?
The average monthly rental price for studio apartments is $1,220 and an average price per square feet of $2.44. There are a total of 42 studio apartment listings currently available for rent in Center City East.
How much is a one bedroom apartment in Center City East, Philadelphia, PA?
The average monthly rental price for one bedroom apartments is $2,055 and an average price per square feet of $3.04. There are a total of 119 one bedroom apartment listings currently available for rent in Center City East.
How much is a two bedroom apartment in Center City East, Philadelphia, PA?
The average monthly rental price for two bedroom apartments is $2,555 and an average price per square feet of $2.47. There are a total of 67 two bedroom apartment listings currently available for rent in Center City East.
How have rent prices in Center City East, Philadelphia, PA changed this year?
Rent prices for rentals in Center City East, Philadelphia, PA can fluctuate yearly. Specifically, studio rental prices have changed by -0.08%, one bedroom rental prices have changed by 0.21%, two bedroom rental prices have changed by 0.10%, and three bedroom rental prices have changed by -0.66% year-over-year.
What is a reasonable rent price in Center City East, Philadelphia, PA?
A reasonable rent price in Center City East, Philadelphia, PA is around $1,684/month. You can search for these reasonably priced rental listings on RentHop.
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