The median rent for one- and two-bedroom apartments in Philadelphia, Pennsylvania, amounted to about 1,390 U.S. dollars at the end of 2023. While the median rent decreased slightly between March 2020 and March 2021, the annual rental growth exceeded 15 percent in January 2022. Furthermore, no notable variation in rental growth was observed in December 2023 in comparison to previous years. Among the different states in the U.S., Pennsylvania ranks as one of the mid-priced rental markets in 2023.
Monthly rent for an apartment and annual rental growth in Philadelphia, Pennsylvania from January 2018 to December 2023
(in U.S. dollars)
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Apartment List. (February 13, 2024). Monthly rent for an apartment and annual rental growth in Philadelphia, Pennsylvania from January 2018 to December 2023 (in U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1363424/apartment-rent-and-rental-growth-philadelphia/
Apartment List. "Monthly rent for an apartment and annual rental growth in Philadelphia, Pennsylvania from January 2018 to December 2023 (in U.S. dollars)." Chart. February 13, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1363424/apartment-rent-and-rental-growth-philadelphia/
Apartment List. (2024). Monthly rent for an apartment and annual rental growth in Philadelphia, Pennsylvania from January 2018 to December 2023 (in U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1363424/apartment-rent-and-rental-growth-philadelphia/
Apartment List. "Monthly Rent for An Apartment and Annual Rental Growth in Philadelphia, Pennsylvania from January 2018 to December 2023 (in U.S. Dollars)." Statista, Statista Inc., 13 Feb 2024, https://www.statista.com/statistics/1363424/apartment-rent-and-rental-growth-philadelphia/
Apartment List, Monthly rent for an apartment and annual rental growth in Philadelphia, Pennsylvania from January 2018 to December 2023 (in U.S. dollars) Statista, https://www.statista.com/statistics/1363424/apartment-rent-and-rental-growth-philadelphia/ (last visited December 22, 2024)
Monthly rent for an apartment and annual rental growth in Philadelphia, Pennsylvania from January 2018 to December 2023 (in U.S. dollars) [Graph], Apartment List, February 13, 2024. [Online]. Available: https://www.statista.com/statistics/1363424/apartment-rent-and-rental-growth-philadelphia/