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 $1,235 for a studio rental to $4,500 for a 4-bedroom rental. The median price of all currently available listings is $2,098, 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 $898 (-43.62%) year-over-year from $2,058 to $1,160. 1-bedroom rentals prices have increased by $34 (1.94%) year-over-year from $1,758 to $1,793. 2-bedroom rentals prices have decreased by $83 (-3.39%) year-over-year from $2,458 to $2,375. 3-bedroom rentals prices have decreased by $1,237 (-29.93%) year-over-year from $4,132 to $2,895. 4-bedroom rentals prices have decreased by $2,200 (-34.11%) year-over-year from $6,450 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 22.48% this month. 1-bedroom rents have gone up by 0.05% this month. 2-bedroom rents have gone up by 3.67% this month. 3-bedroom rents have gone down by 44.49% this month. 4-bedroom rents have gone down by 5.19% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.51	$1,160	$2,058 (-43.62%)	$1,692 (-31.44%)
1 BR	$2.83	$1,793	$1,758 (1.94%)	$1,558 (15.03%)
2 BR	$2.71	$2,375	$2,458 (-3.39%)	$2,363 (0.49%)
3 BR	$3.23	$2,895	$4,132 (-29.93%)	$3,965 (-26.99%)
4+ BR	$1.90	$4,250	$6,450 (-34.11%)	$8,333 (-49.00%)

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 $1,600, 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 $2,190 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 0.20% more affordable than other cities nearby. One bedrooms are about 10.77% more expensive. Two bedrooms in Center City East, Philadelphia, PA are about 32.20% more expensive. Finally, rent for three bedrooms are about 71.09% 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	$1,495	$1,675	$1,600
Philadelphia, PA	$1,238	$1,691	$1,800	$1,800
Phoenixville, PA	$1,898	$1,975	$2,390	$2,190

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, Kingsessing, and Germantown. 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 $1,838 per month. A total of 22 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $1,838. Out of all the neighborhoods in or near Center City East, Cobbs Creek has the most affordable average rent at $1,351 per month. Whereas, at $2,395 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
Cobbs Creek, Philadelphia, PA	N/A	$1,185	$1,300	$1,351
Kingsessing, Philadelphia, PA	N/A	$1,213	$1,450	$1,413
Germantown, Philadelphia, PA	$985	$1,225	$1,700	$1,450
Roxborough, Philadelphia, PA	N/A	$1,545	$1,632	$1,585
Port Richmond, Philadelphia, PA	$1,500	$1,290	$1,499	$1,600
North Philadelphia West, Philadelphia, PA	$850	$1,320	$1,475	$1,650
North Philadelphia East, Philadelphia, PA	$1,264	$1,372	$1,700	$1,675
South Philadelphia West, Philadelphia, PA	$1,125	$1,195	$1,550	$1,680
Spruce Hill, Philadelphia, PA	$1,195	$1,575	$2,000	$1,700
Kensington, Philadelphia, PA	$950	$1,545	$1,800	$1,750
East Germantown, Philadelphia, PA	$875	$1,825	$1,450	$1,785
Avenue of the Arts South, Philadelphia, PA	$1,100	$1,750	$2,915	$1,825
Point Breeze, Philadelphia, PA	$1,092	$1,281	$1,750	$1,850
Queen Village - Pennsport, Philadelphia, PA	$988	$1,500	$1,895	$1,850
Manayunk, Philadelphia, PA	$1,149	$1,495	$1,833	$1,875
Fairmount - Art Museum, Philadelphia, PA	$1,395	$1,525	$1,982	$1,917
Rittenhouse Square, Philadelphia, PA	$1,463	$1,922	$2,778	$1,932
Center City West, Philadelphia, PA	$1,382	$1,973	$3,000	$1,973
Avenue of the Arts North, Philadelphia, PA	N/A	$1,413	$1,600	$1,975
Bella Vista - Southwark, Philadelphia, PA	$1,395	$1,498	$1,895	$1,995
Washington Square West, Philadelphia, PA	$1,750	$1,898	$2,495	$2,078
Graduate Hospital, Philadelphia, PA	$1,246	$1,450	$2,150	$2,095
Northern Liberties - Fishtown, Philadelphia, PA	$1,500	$1,750	$2,338	$2,150
Logan Square, Philadelphia, PA	$1,795	$2,275	$3,745	$2,395

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 $2,875, Mercer, NJ is the most expensive county by Center City East, Philadelphia, PA.

Typically, rent for studios in Center City East, Philadelphia, PA is 16.19% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Center City East, Philadelphia, PA is 18.14% more expensive than other counties nearby. Finally, rent for two bedrooms in Center City East, Philadelphia, PA is 26.65% 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	$1,238	$1,691	$1,800	$1,800
Delaware, PA	$995	$1,400	$1,800	$2,065
Camden, NJ	$1,800	$1,500	$1,900	$2,150
Montgomery, PA	$1,710	$1,603	$1,995	$2,321
Burlington, NJ	$900	$1,500	$2,038	$2,400
Bucks, PA	$963	$1,800	$2,250	$2,700
Gloucester, NJ	N/A	$1,425	$1,745	$2,775
Mercer, NJ	$1,075	$1,998	$2,400	$2,875

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 $1,650. 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 $1,485 per month. In comparison, the zipcode with the most expensive average rent of $2,190 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 $1,394 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,639 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	$1,463	$1,735	$1,700
19145, Philadelphia, PA	$1,125	$1,195	$1,573	$1,700
19131, Philadelphia, PA	N/A	$1,075	$1,395	$1,485
19144, Philadelphia, PA	$975	$1,325	$1,628	$1,531
19128, Philadelphia, PA	$1,325	$1,487	$1,650	$1,600
19460, Phoenixville, PA	$1,898	$1,956	$2,300	$2,190

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 $2,098. 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 $1,235 and an average price per square feet of $2.51. There are a total of 57 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 $1,895 and an average price per square feet of $2.83. There are a total of 182 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 $2,655 and an average price per square feet of $2.71. There are a total of 115 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 -0.03%, and three bedroom rental prices have changed by -0.30% 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 $1,678/month. You can search for these reasonably priced rental listings on RentHop.