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min read

Philadelphia Market Rental Trends Report

Relocity's rental trends report shows you how the nation’s major rental markets stack up and reveals 2024 pricing trends.

Being a commuter city that is a short drive or train ride from DC, NYC, and parts of NJ, Philadelphia has seen an increase in housing demand over the past 12 months. Over the winter months, the prices have decreased about 2% since the fall. Currently, however, they are back on the rise entering the Spring months. The median rent price in Philadelphia, PA for April 2024 is $1,650.

Apartment Options

The Magnet in Fishtown

  • Studio/1 ba
  • Sq Ft: 400
  • Rent: $1,300

The Granary

  • 1 br/1 ba
  • Sq Ft: 745
  • Rent: $1,647

Residences at 1 Brown

  • 2 br/2 ba
  • Sq Ft: 1298
  • Rent: $2,022

Mily on Green

  • 3 br/2 ba
  • Sq Ft: 1118
  • Rent: $2,752


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