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 $1,250 for a studio rental to $4,750 for a 4-bedroom rental. The median price of all currently available listings is $2,095, or roughly $3 per square feet.
For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $903 (-43.86%) year-over-year from $2,058 to $1,155. 1-bedroom rentals prices have increased by $37 (2.09%) year-over-year from $1,758 to $1,795. 2-bedroom rentals prices have increased by $47 (1.90%) year-over-year from $2,458 to $2,505. 3-bedroom rentals prices have decreased by $1,137 (-27.51%) year-over-year from $4,132 to $2,995. 4-bedroom rentals prices have decreased by $2,275 (-35.27%) year-over-year from $6,450 to $4,175. 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 22.73% this month. 1-bedroom rents have gone up by 0.14% this month. 2-bedroom rents have gone up by 7.32% this month. 3-bedroom rents have gone down by 42.94% this month. 4-bedroom rents have gone down by 6.34% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.60 $1,155 $2,058 (-43.86%) $1,692 (-31.73%)
1 BR $2.83 $1,795 $1,758 (2.09%) $1,558 (15.19%)
2 BR $2.80 $2,505 $2,458 (1.90%) $2,363 (5.99%)
3 BR $3.23 $2,995 $4,132 (-27.51%) $3,965 (-24.46%)
4+ BR $2.09 $4,175 $6,450 (-35.27%) $8,333 (-49.90%)

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 $1,795 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 Center City East, Philadelphia, PA is Phoenixville, PA. Monthly rents here are on average $2,127 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 on par with the other cities nearby. One bedrooms are about 9.95% more expensive. Two bedrooms in Center City East, Philadelphia, PA are about 34.12% more expensive. Finally, rent for three bedrooms are about 71.01% 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 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 Center City East

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

The average rent for these 26 neighborhoods in or near Center City East, Philadelphia, PA is currently around $1,788 per month. A total of 22 neighborhoods have a lower average rent. Meaning, only four neighborhoods have a higher average rent than $1,788. Out of all the neighborhoods in or near Center City East, 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 Center City East. 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
Roxborough, Philadelphia, PA N/A $1,550 $1,644 $1,600
South Philadelphia West, Philadelphia, PA $1,125 $1,223 $1,500 $1,600
Avenue of the Arts North, Philadelphia, PA N/A $1,375 $1,550 $1,650
North Philadelphia West, Philadelphia, PA $1,100 $1,200 $1,500 $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
Avenue of the Arts South, Philadelphia, PA $1,055 $1,740 $2,850 $1,825
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
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 Center City East

There are a total of 26 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 $1,795. 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 on par with the other counties nearby. In comparison, rent for one bedroom listings in Center City East, Philadelphia, PA is 13.31% more expensive than other counties nearby. Finally, rent for two bedrooms in Center City East, Philadelphia, PA is 26.66% 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 Center City East

There are a total of 6 zipcodes in or near Center City East, 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 Center City East, 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 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 $1,200 $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 - 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 $2,095. 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 $1,250 and an average price per square feet of $2.60. There are a total of 63 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 $1,860 and an average price per square feet of $2.83. There are a total of 195 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 $2,725 and an average price per square feet of $2.80. There are a total of 112 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 -0.44%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.02%, and three bedroom rental prices have changed by -0.28% 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 $1,676/month. You can search for these reasonably priced rental listings on RentHop.
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