Philadelphia offers a unique blend of history and modern energy, making it a destination that has something for everyone. It is the birthplace of American independence and home to iconic landmarks such as the Liberty Bell and Independence Hall. The city is also known for its beautiful parks, including the vast Independence National Historical Park, the sprawling Fairmount Park, and the serene Schuylkill River Trail, perfect for exploring the great outdoors.
The city's cultural scene is thriving, with renowned institutions like the Philadelphia Museum of Art and the Kimmel Center for the Performing Arts, showcasing an array of artwork and performances that capture the city's vibrant energy. For sports enthusiasts, Philadelphia has a passionate fanbase, supporting professional teams such as the Philadelphia Eagles (NFL), the Philadelphia Phillies (MLB), the Philadelphia Flyers (NHL), and the Philadelphia 76ers (NBA). In addition, Philadelphia hosts world-class events such as the Liberty Bell Classic football game, the Pennsylvania Dutch Festival, and the Philly Beer Week beer festival.
Learn about American history, explore the great outdoors, or immerse yourself in the thriving arts and culture scene. You can do it all in Philadelphia, which is why it's such a great place to live.
As of February 2026, Philadelphia's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Philadelphia's average rent is 6.4% ($98) higher than the Pennsylvania average of $1,541 and 6.5% ($114) lower than the U.S. average of $1,753.
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,491 | 0.1% ($2) | 2.3% ($35) |
| 2 Beds | $1,819 | 0.7% ($12) | 0.3% ($5) |
| 3 Beds | $2,040 | 0.6% ($12) | 4.6% ($98) |
| Nearby Cities | Average Rent | Avg. Rent vs. PhiladelphiaAverage Rent vs. Philadelphia | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Camden | $1,252 | 23.6% ($387) | 25 days |
| Bala Cynwyd | $1,898 | 15.8% ($259) | 27 days |
| Pennsauken | $1,793 | 9.4% ($154) | 26 days |
| Merchantville | $1,695 | 3.4% ($56) | 27 days |
| Oaklyn | $1,682 | 2.6% ($43) | 29 days |
Explore rental prices, market trends, and availability in Philadelphia, PA.
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