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 $1,115 for a studio rental to $4,300 for a 4-bedroom rental. The median price of all currently available listings is $2,030, or roughly $3 per square feet.
For the apartment units and housing in January 2025, median rents have risen substantially over the last year. Studio rentals prices have decreased by $309 (-16.80%) year-over-year from $1,839 to $1,530. 1-bedroom rentals prices have increased by $391 (22.44%) year-over-year from $1,742 to $2,133. 2-bedroom rentals prices have increased by $3 (0.13%) year-over-year from $2,542 to $2,545. 3-bedroom rentals prices have decreased by $2,858 (-51.66%) year-over-year from $5,533 to $2,675. 4-bedroom rentals prices have increased by $1,350 (42.86%) year-over-year from $3,150 to $4,500. 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 up by 2.00% this month. 1-bedroom rents have gone up by 11.31% this month. 2-bedroom rents have gone up by 6.38% this month. 3-bedroom rents have gone down by 7.89% this month. 4-bedroom rents have gone up by 21.08% this month.
Beds
Price / Sqft
Jan 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.23 $1,530 $1,839 (-16.80%) $1,431 (6.91%)
1 BR $2.90 $2,133 $1,742 (22.44%) $1,615 (32.04%)
2 BR $3.17 $2,545 $2,542 (0.13%) $2,270 (12.11%)
3 BR $4.41 $2,675 $5,533 (-51.66%) $4,799 (-44.26%)
4+ BR $1.81 $4,500 $3,150 (42.86%) $7,781 (-42.16%)

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 1 cities nearby Center City East. The average rent in Center City East is currently $1,845 per month. Only one city nearby has an average rent lower than that. Our records show that Philadelphia, PA, with an average rent of $1,845, is the most affordable city nearby. In contrast, the most expensive city near Center City East, Philadelphia, PA is Philadelphia, PA. Monthly rents here are on average $1,845 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 12.11% more affordable than other cities nearby. One bedrooms are about 3.06% more expensive. Two bedrooms in Center City East, Philadelphia, PA are about 37.01% more expensive. Finally, rent for three bedrooms are about 74.90% more expensive. Want more information? Check out the top 1 cities near Center City East, Philadelphia, PA in the following chart.
City Studio 1 Bed 2 Bed All
Philadelphia, PA $1,250 $1,745 $1,825 $1,845

Top Neighborhoods Near Center City East

There are a total of 12 neighborhoods in or near Center City East. Some of these neighborhoods include North Philadelphia East, Avenue of the Arts South, and Kensington. We've included all of these top 12 neighborhoods in or near Center City East, Philadelphia, PA in the following chart.

The average rent for these 12 neighborhoods in or near Center City East, Philadelphia, PA is currently around $2,075 per month. A total of 5 neighborhoods have a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $2,075. Interestingly, the neighborhoods' average rent is higher than Center City East's average rent, which is only $2,030. Out of all the neighborhoods in or near Center City East, North Philadelphia East has the most affordable average rent at $1,600 per month. Whereas, at $2,470 average rent per month, Logan 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
North Philadelphia East, Philadelphia, PA $1,100 $1,335 $1,700 $1,600
Avenue of the Arts South, Philadelphia, PA $1,125 $1,665 $2,373 $1,723
Kensington, Philadelphia, PA $1,092 $1,725 $1,818 $1,725
North Philadelphia West, Philadelphia, PA $1,000 $1,300 $1,500 $1,800
Point Breeze, Philadelphia, PA $992 $1,114 $1,670 $1,900
Bella Vista - Southwark, Philadelphia, PA $1,798 $1,495 $1,850 $2,050
Fairmount - Art Museum, Philadelphia, PA $1,500 $1,575 $2,100 $2,100
Center City West, Philadelphia, PA $1,474 $2,158 $3,280 $2,165
Northern Liberties - Fishtown, Philadelphia, PA $1,512 $1,675 $2,375 $2,200
Rittenhouse Square, Philadelphia, PA $1,438 $1,979 $2,835 $2,235
Washington Square West, Philadelphia, PA $1,785 $2,435 $4,059 $2,420
Logan Square, Philadelphia, PA $1,898 $2,265 $3,780 $2,470

Top Counties Near Center City East

There are a total of 12 counties located by Center City East, Philadelphia, PA. Some of these counties include Philadelphia, PA, Camden, NJ, and Montgomery, PA. The average rent for rentals in these counties is $2,378. 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 $1,845. Vice versa, with an average rent of $3,000, Mercer, NJ is the most expensive county by Center City East, Philadelphia, PA.

In comparison, rent for one bedroom listings in Center City East, Philadelphia, PA is 12.78% more expensive than other counties nearby. Finally, rent for two bedrooms in Center City East, Philadelphia, PA is 32.58% 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 $1,745 $1,825 $1,845
Camden, NJ N/A $1,540 $1,857 $2,060
Montgomery, PA $1,888 $1,900 $2,077 $2,300
Delaware, PA $873 $1,200 $1,675 $2,350
Burlington, NJ N/A $1,485 $2,050 $2,405
Bucks, PA N/A $1,400 $2,300 $2,738
Gloucester, NJ N/A $1,600 $1,763 $2,850
Mercer, NJ N/A $2,000 $2,300 $3,000

Top Zipcodes Near Center City East

There is one zipcode in or near Center City East, Philadelphia, PA. The average rent for this zipcode is $1,950.

The following chart includes the zipcode in or near 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 $1,195 $2,223 $1,800 $1,950

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 $2,030. 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 $1,115 and an average price per square feet of $2.23. There are a total of 18 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 $1,800 and an average price per square feet of $2.90. There are a total of 94 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 $2,898 and an average price per square feet of $3.17. There are a total of 52 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 -0.17%, one bedroom rental prices have changed by 0.22%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by -0.52% 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 $1,624/month. You can search for these reasonably priced rental listings on RentHop.
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