Apartments in Old City Philadelphia

1 - 30 of 865 Results
1
$2,485
24-30 S Bank St Philadelphia, PA
2 BR | Available Now
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Dishwasher
Penn's Landing
1
$4,350
Philadelphia, PA
3 BR | Mar. 10, 2025
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Penn's Landing
74
$1,699 - 3,199
401 Race Street Philadelphia, PA
Studio - 2 BR | Available Now
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Covered Parking
2
$1,650 - 1,795
Philadelphia, PA
1 BR | Available Now
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15
$1,550 - 5,195
Philadelphia, PA
Studio - 3 BR | Available Now
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1
$1,970
219 Cuthbert St Philadelphia, PA
1 BR | Available Now
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26
$1,821 - 3,046
231 N. Third Street Philadelphia, PA
1 - 2 BR | Available Now
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Old City
15
$1,995
Phila, PA
2 BR | Available Now
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1
$1,455 - 2,900
224 Church St Philadelphia, PA
Studio - 2 BR | Available Now
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Penn's Landing
20
$1,550
248 Market St Philadelphia, PA
1 BR | Available Now
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Penn's Landing
7
$1,693 - 4,231
417 Callowhill St Philadelphia, PA
Studio - 2 BR | Available Now
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Old City
0
$1,892
205-15 Cuthbert St Philadelphia, PA
2 BR | Available Now
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Penn's Landing
11
$1,820 - 2,920
Philadelphia, PA
Studio - 2 BR | Available Now
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Fitness Center
1
$1,800
Phila, PA
2 BR | Available Now
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Penn's Landing
11
Call for Pricing
Philadelphia, PA
Studio | Ask for Availability
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1
$2,200
Philadelphia, PA
Studio | Available Now
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9
$1,649 - 1,899
834 Chestnut St Philadelphia, PA
1 BR | Available Now
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0
$2,375 - 2,595
122-24 S 8th St Philadelphia, PA
2 BR | Available Now
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Market East
25
$4,000
Philadelphia, PA
4 BR | Feb. 1, 2025
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Penn's Landing
1
$1,595 - 2,050
Phila, PA
1 - 2 BR | Available Now
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Virtual Tour
Air Conditioning
Storage
0
$2,500
103-107 Church St Philadelphia, PA
1 BR | Available Now
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Penn's Landing
19
$1,795
Philadelphia, PA
1 BR | Dec. 23, 2024
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Penn's Landing
1
$3,000
112 Market St Philadelphia, PA
2 BR | Available Now
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Penn's Landing
14
$1,745 - 2,145
Philadelphia, PA
1 - 2 BR | Available Now
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3
$1,699 - 2,715
456 N 5th St Philadelphia, PA
1 - 2 BR | Available Now
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24
$2,900
Philadelphia, PA
2 BR | Available Now
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Penn's Landing
41
$3,370
Philadelphia, PA
2 BR | Available Now
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Air Conditioning
Balcony/Deck/Patio
Fitness Center
41
$1,935
Philadelphia, PA
1 BR | Ask for Availability
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Fitness Center
31
$1,636 - 3,429
Deal
315 N 12Th Street Philadelphia, PA
Studio - 3 BR | Available Now
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Luxury
Covered Parking
Surface Parking
6
$1,595
116 Chestnut St Philadelphia, PA
1 BR | Mar. 31, 2025
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Penn's Landing
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  1. Home
  2. Philadelphia
  3. Old City

Photo by Beyond My Ken via Wikimedia Commons

Old City Neighborhood Summary

It’s just about one square mile, but Philadelphia’s Old City is one of the most historic places in the nation. Located in Center City — Philadelphia’s large downtown area between the Delaware and Schuylkill rivers — the Old City contains 18th-century cobblestone streets and homes that are older than the nation itself. A few of them are on Elfreth’s Alley, which dates to 1702 and is known as the country’s first residential street. Old City’s borders, though debated, generally extend from the Delaware river to 7th Street, and contain the main hallmarks of America’s founding, such as the Liberty Bell Center, the National Constitution Center, and Independence Hall — where the U.S. Declaration of Independence and Constitution were signed. The “independent spirit” that gave rise to the new nation is still palpable in abundant local shops, art galleries, and eateries.

As you can imagine, considering that Old City is the historical heart of the nation, renting in this area can be pricey. But it’s rewarding: Even many the newer buildings in this area carry hints of historic appeal, such as tall ceilings, huge windows, worn brick, and tin ceilings.

Philadelphia:
December Rent Report

Welcome to the December 2024 Philadelphia Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Philadelphia rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Philadelphia and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Philadelphia average rent prices in the chart below.

Monthly Rent Report

$1,950
$1,460
$980
$490
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Philadelphia Rent Prices Decrease From November to December

Philadelphia rent prices decreased over the last month. From November to December, the city experienced a -0.21% decrease for the price of a one-bedroom apartment. The rent price for a Philadelphia one-bedroom apartments currently stands at $1,410.0.

When we take a look at the two-bedroom comparison from November to December, Philadelphia experienced a 0.0% decrease for the price of a two-bedroom apartment. The rent price for a Philadelphia two-bedroom apartments currently stands at $1,880.0.

December Prices: Philadelphia vs. Surrounding Areas

Mount Laurel, NJ
Bryn Mawr, PA
King Of Prussia, PA
Exton, PA
Cherry Hill, NJ
Lansdale, PA
Philadelphia, PA
$2,364
$2,118
$1,896
$1,869
$1,858
$1,686
$1,413
$0
$800
$1,600
$2,400
$3,200
Median 1 BR Rent

Rent Prices in Philadelphia and Surrounding Areas

Rent prices have decreased in Philadelphia over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 5 of the Philadelphia suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in King Of Prussia, PA, Bryn Mawr, PA, Mount Laurel, NJ, Cherry Hill, NJ, Lansdale, PA .

  • Rent decreased in Exton, PA.

  • 6 suburbs are currently priced higher than the city of Philadelphia.

December 2024 Pricing Trends: Philadelphia vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Philadelphia, PA
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,413
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Philadelphia Rent Prices More Affordable Than Major Cities

Rent growth in Philadelphia over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Philadelphia average rent prices appear to be relatively affordable for local residents.

The price for a Philadelphia one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Philadelphia and surrounding area rent prices, take a look at the complete data set below.

Data set for Philadelphia and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Philadelphia, PA $1,413.0 -0.07% $1,880.0 0.80%
King Of Prussia, PA $1,896.0 0.05% $2,253.0 -2.85%
Exton, PA $1,869.0 -0.16% $2,354.0 0.00%
Bryn Mawr, PA $2,118.0 0.71% $2,749.0 -2.07%
Mount Laurel, NJ $2,364.0 0.08% $2,533.0 -0.08%
Cherry Hill, NJ $1,858.0 1.59% $2,671.0 5.20%
Lansdale, PA $1,686.0 0.90% $2,063.0 0.39%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.