Discover comfortable living in this inviting 1-bedroom, 1-bathroom apartment located at 4940 N Penn St, Philadelphia, PA. Featuring modern amenities such as air conditioning, in-unit washer and dryer, a well-equipped kitchen with a range, refrigerator, and disposal, plus stylish tile and vinyl flooring throughout. This residential multi-family unit offers a practical layout within a welcoming community. Enjoy the convenience of a 1 year lease with flexible renewal options. Experience the perfect blend of comfort and functionality-schedule a tour today to make this your new home. Multi-family residence at 4940 Penn St, Philadelphia, PA 19124, featuring in-unit laundry and easy access to local amenities and transportation. Well-maintained with a welcoming community atmosphere, ideal for comfortable urban living.
14 hours on RentalSource
RentalSource last checked: 14 hours ago · Listing updated: 14 hours ago
This 1-bedroom, 1-bathroom apartment at 4940 Penn St #2 in Philadelphia, PA 19124 rents for $975 a month. 4940 Penn St #2 was advertised by Hope Properties on October 28, 2026.
How the Rent Compares
At $975 a month, this apartment is well below the typical rent for 1-bedroom apartments and condos in Philadelphia (about $1,330).
Typical $1,330This home $975
$950$1,850
From 709 one-bedroom apartments and condos listed in Philadelphia on RentalSource in October 2026: the scale holds eight in ten of them, and the shaded band the middle half.
$1,330Typical rent for 1-bedroom apartments and condos in Philadelphia
This home was last listed for rent on RentalSource from August to September 2026, ending at $975. Today's rent is the same.
Rent history for this home, newest first
Date
Event
Rent
Change
October 28, 2026
Listed for rent
$975
September 24, 2026
Listing removed
$975
These are listed prices. What renters actually paid may have been different.
Affordability Calculator
Can I afford to live at 4940 Penn St #2?
Bedrooms
1 bedroom
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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
$39,000 /year
With your chosen rent-to-income ratio, an annual income of $39,000 is recommended to comfortably afford this 1-bedroom rental priced at $975 per month.