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 $1,128 for a studio rental to $5,000 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 December 2024, median rents have risen over the last year. Studio rentals prices have decreased by $532 (-31.90%) year-over-year from $1,667 to $1,135. 1-bedroom rentals prices have increased by $172 (9.82%) year-over-year from $1,748 to $1,920. 2-bedroom rentals prices have increased by $89 (3.61%) year-over-year from $2,471 to $2,560. 3-bedroom rentals prices have decreased by $2,923 (-52.22%) year-over-year from $5,598 to $2,675. 4-bedroom rentals prices have increased by $333 (8.51%) year-over-year from $3,917 to $4,250. 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 28.60% this month. 1-bedroom rents have gone up by 5.30% this month. 2-bedroom rents have gone up by 5.32% this month. 3-bedroom rents have gone down by 33.19% this month. 4-bedroom rents have gone up by 4.10% this month.

Beds	Price / Sqft	Dec 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.27	$1,135	$1,667 (-31.90%)	$1,721 (-34.05%)
1 BR	$2.90	$1,920	$1,748 (9.82%)	$1,582 (21.39%)
2 BR	$2.81	$2,560	$2,471 (3.61%)	$2,393 (6.96%)
3 BR	$2.88	$2,675	$5,598 (-52.22%)	$4,474 (-40.21%)
4+ BR	$1.86	$4,250	$3,917 (8.51%)	$8,167 (-47.96%)

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 $1,673, 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 $2,150 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 14.86% more affordable than other cities nearby. One bedrooms are about 11.96% more expensive. Two bedrooms in Center City East, Philadelphia, PA are about 34.91% 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	$1,295	$1,495	$1,823	$1,673
Philadelphia, PA	$1,250	$1,675	$1,800	$1,800
Phoenixville, PA	$1,693	$1,968	$2,437	$2,150

Top Neighborhoods Near Center City East

There are a total of 24 neighborhoods in or near Center City East. Some of these neighborhoods include Cobbs Creek, Germantown, and Roxborough. We've included all of these top 24 neighborhoods in or near Center City East, Philadelphia, PA in the following chart.

The average rent for these 24 neighborhoods in or near Center City East, Philadelphia, PA is currently around $1,904 per month. A total of 21 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $1,904. 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 $3,295 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	$1,193	$1,338	$1,350
Germantown, Philadelphia, PA	$1,023	$1,275	$1,644	$1,450
Roxborough, Philadelphia, PA	$1,425	$1,570	$1,675	$1,600
South Philadelphia West, Philadelphia, PA	$1,125	$1,200	$1,500	$1,600
Port Richmond, Philadelphia, PA	$1,500	$1,245	$1,400	$1,600
North Philadelphia East, Philadelphia, PA	$1,236	$1,400	$1,700	$1,624
North Philadelphia West, Philadelphia, PA	$1,100	$1,395	$1,500	$1,650
Kensington, Philadelphia, PA	$1,037	$1,495	$1,750	$1,725
East Germantown, Philadelphia, PA	$863	$1,860	$1,450	$1,800
Manayunk, Philadelphia, PA	$1,175	$1,500	$1,800	$1,838
Point Breeze, Philadelphia, PA	$1,080	$1,243	$1,700	$1,850
Spruce Hill, Philadelphia, PA	$1,050	$1,699	$2,000	$1,873
Queen Village - Pennsport, Philadelphia, PA	N/A	$1,500	$1,895	$1,935
Rittenhouse Square, Philadelphia, PA	$1,463	$1,901	$2,951	$1,947
Avenue of the Arts South, Philadelphia, PA	$1,100	$1,718	$2,974	$1,960
Avenue of the Arts North, Philadelphia, PA	N/A	$1,456	$1,388	$1,985
Graduate Hospital, Philadelphia, PA	$1,065	$1,400	$2,175	$1,995
Bella Vista - Southwark, Philadelphia, PA	$1,798	$1,550	$1,900	$1,997
Fairmount - Art Museum, Philadelphia, PA	$1,656	$1,600	$2,100	$2,000
Washington Square West, Philadelphia, PA	$1,650	$1,875	$3,123	$2,078
Center City West, Philadelphia, PA	$1,386	$2,095	$3,280	$2,085
Northern Liberties - Fishtown, Philadelphia, PA	$1,400	$1,715	$2,450	$2,100
Logan Square, Philadelphia, PA	$1,796	$2,275	$3,800	$2,528
University City, Philadelphia, PA	$1,368	$3,500	$3,975	$3,295

Top Counties Near Center City East

There are a total of 24 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 $2,361. 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 $3,000, Mercer, NJ is the most expensive county by Center City East, Philadelphia, PA.

Typically, rent for studios in Center City East, Philadelphia, PA is 8.65% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Center City East, Philadelphia, PA is 15.90% more expensive than other counties nearby. Finally, rent for two bedrooms in Center City East, Philadelphia, PA is 30.36% 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	$1,800	$1,800
Delaware, PA	$873	$1,350	$1,900	$2,000
Camden, NJ	$1,400	$1,520	$1,900	$2,200
Montgomery, PA	$1,747	$1,700	$2,000	$2,325
Burlington, NJ	$1,200	$1,525	$2,100	$2,398
Gloucester, NJ	N/A	$1,400	$1,900	$2,550
Bucks, PA	N/A	$1,800	$2,300	$2,650
Mercer, NJ	$1,650	$1,800	$2,400	$3,000

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 $1,688. 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 $2,150 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 Center City East, Philadelphia, PA is $1,563 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,651 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	$1,195	$1,575	$1,796	$1,796
19145, Philadelphia, PA	$1,125	$1,200	$1,550	$1,700
19131, Philadelphia, PA	N/A	$1,135	$1,373	$1,450
19144, Philadelphia, PA	$985	$1,637	$1,604	$1,675
19128, Philadelphia, PA	$1,363	$1,550	$1,698	$1,625
19460, Phoenixville, PA	$1,693	$1,968	$2,335	$2,150

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 $1,128 and an average price per square feet of $2.27. There are a total of 40 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 $1,903 and an average price per square feet of $2.90. There are a total of 186 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 $2,800 and an average price per square feet of $2.81. There are a total of 111 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 -0.32%, one bedroom rental prices have changed by 0.10%, two bedroom rental prices have changed by 0.04%, 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 $1,676/month. You can search for these reasonably priced rental listings on RentHop.