Welcome to living at Park Terrace Apartments. We are conveniently located in Northeast Philadelphia near shopping, transportation and nestled in Pennypack Park. Building amenities include: intercom security entry system, three elevators, community function room, trash chutes on each floor, pool and recreation area and ample on-site parking. We are also a pet-friendly community.

RentalSource last checked: August 4, 2025 at 2:24 PM ET

Listed by: Park Terrace

Property Summary

Property Type:	Apartment
Rental Fee:	$1,345 - $1,790
Bedrooms:	1-2 beds
Bathrooms:	1-2 baths

Size:	600-1,000 sqft
Pet Friendly:	Inquire
Listing Status:	Active
ID:	81931756

Community Features

• Pool

• Reserved Parking

Unit Rates

Name	Beds	Baths	Sqft	Rent
A-216	1	1	600	$1,345
A-123	1	1	700	$1,545
A-210	2	2	1,000	$1,790

Leasing Information

Photos are an example of similar units within the building, actual unit may vary. Availability and pricing can change daily and vary by lease term. Please contact us to schedule a showing.

Additional Details

Apartments for rent in Philadelphia for $1,345-$1,790 with 1-2 beds, 1-2 baths, 600-1,000 sqft and located within Park Terrace at 8040 Rowland Ave in Philadelphia, PA 19136. The averaged rental price of $1,568 is 6.7% ($112) lower than the average rent of $1,680 for apartments in Philadelphia, PA. This apartment is in the The of Philadelphia School District and the nearest schools are Brown Joseph H School, Castor Gardens Middle School and Lincoln High School. Park Terrace was advertised by Park Terrace on August 4, 2025 at 11:18 AM ET.

Affordability Calculator

Can I afford to live at 8040 Rowland Ave?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$53,800 /year

With your chosen rent-to-income ratio, an annual income of $53,800 is recommended to comfortably afford this 1-bedroom rental priced at $1,345 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$1,345 - $1,790

Rent Affordability Calculator

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Property managed by:

Park Terrace

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