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 2009 one-year leases for unfurnished units. For the University City area, OCS surveyed over 3900 units located between 38th and 50th Streets. For the Center City area we surveyed over 4800 units, most of them in high rise buildings. Overall, 2009 rates for the rental season June 1st through September 1st, 2009 went up only slightly from the previous year and some landlords and buildings have lowered rents and/or may offer concessions to encourage renting.
| Unit Size | Rental Range | Average |
|---|---|---|
| Studio | $450 - $1239 | $736 |
| One Bedroom | $600 - $1570 | $924 |
| Two Bedroom | $750 - $2500 | $1324 |
| Shares* | $500 - $850 | $733 |
* In house shares, price per bedroom depends on # of bedrooms and bathrooms, proximity to Campus, amenities. Students sharing a rooming house should note that no utilities are included in rent and heating costs have gone up dramatically over the last couple of years. Make sure the property is zoned as a rooming house and is in compliance with the fire code. |
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| Unit Size | Domus Avg. | Left Bank Avg. |
|---|---|---|
| Studio | no studios | $1475 |
| One Bedroom | $2400 | $1798 |
| Two Bedroom | $3400 | $2325 |
| Unit Size | Rental Range | Average |
|---|---|---|
| Studio | $740 - $1900 | $1147 |
| One Bedroom | $1050 - $2400 | $1640 |
| Two Bedroom | $1325 - $3275 | $2172 |
While rents may not be negotiable, 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. |
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| Studios | Average Rent |
|---|---|
| 2400 Chestnut | $1305 |
| Locust on the Park | $1400 |
| 1500 Locust | $1343 |
| Rittenhouse Claridge | $1095 |
| The Chatham | $1050 |
| The Sterling | $1204 | Riverloft | $1599 |
| Other* | $1008 |
| One Bedroom | Average Rent |
| 2400 Chestnut | $1405 |
| Locust on the Park | $1875 |
| 1500 Locust | $2015 |
| Rittenhouse Claridge | $1556 |
| The Chatham | $1350 |
| The Sterling | $1682 |
| Riverloft | $2189 |
| Other* | $1353 |
* Studios and one-bedrooms in brownstones and such apartment buildings as Westminster Arch, Westbury, Embassy, and Roosevelt Apartments and other such places. |
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This office in no way warrants this information, however, it is believed to be a close estimate of various rents now available. For the most updated information on rental rates, please check our apartment listings database search engine at www.upenn.edu/offcampusservices. As we obtain additional information about units available for the next academic year, we will continue to update the apartment rental cost information.
