Rental Rates
April 2012 Rental Rates
NOTE: The data below has been obtained from current OCS listings and from interviews with property owners and managers in the University City/West Philadelphia and the Center City (including Art Museum) areas. Prices reflect 2012 one-year leases for unfurnished units. For the
April 2012 Rental Rates, OCS surveyed over 1700 units. Overall, the 2012 rental rates are projected to grow somewhere between 2.5% and 3.5% on average for the upcoming year.
University City / West Philadelphia
38th to 50th Streets
| Unit Size |
Rental Range |
Average Rates |
| Studio |
$595 - $1300 |
$650 - $850 |
| One Bedroom |
$645 - $2600 |
$750 - $950 |
| Two Bedrooms |
$1014 - $3300 |
$1400 - $2000 |
| Three Bedrooms |
$1995 - $4098 |
$ 2100 - $3000 |
In the area West of campus, rents tend to be the highest in new construction, high rises and recent renovations, such as:
- Chestnut Hall, at 39th and Chestnut Streets
- The Hub, at 40th and Chestnut, Streets
- The Radian, at 39th and Walnut Streets
- Pine Arms, at 40th and Pine Streets
- 4111 Walnut Street
- Garden Court Plaza, at 47th and Pine Streets
- The Fairfax, at 42nd and Locust
Center City
East of Schuylkill to Delaware and Art Museum Area
| Unit |
Rental Range |
Average Rates |
| Studio |
$686 - $1676 |
$850 - $1100 |
| One Bedroom |
$928 - $3300 |
$1000 - $1500 |
| Two Bedroom |
$1322 - $3208 |
$1850 - $2200 |
If you are a well-informed apartment consumer, and know about rights and responsibilities of landlords and tenants you can hold your landlord to higher standards of apartment quality and service delivery. NOTE: landlords cannot raise rent when you renew the lease, if there are housing code violations on the premises. Contact us for more information.
Last modified: 2012-03-20 15:37:55
