Apartments in Old City Philadelphia

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1
$1,443
1600 Block North 16th St Philadelphia, PA
2 BR | Available Now
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Disability Access
77
$2,250 - 3,600
1609 Sydenham St Philadelphia, PA
3 - 6 BR | Aug. 8, 2025
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12
$1,800
Philadelphia, PA
3 BR | Available Now
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Student
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Francisville
13
Call for Pricing
Philadelphia, PA
2 BR | Available Now
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Francisville
10
$1,050
Philadelphia, PA
2 BR | Available Now
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Francisville
0
$3,000
2514 Waverly St Philadelphia, PA
2 BR | Available Now
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Fitler Square
37
$3,495
Philadelphia, PA
3 BR | Available Now
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Balcony/Deck/Patio
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24
$800 - 900
Philadelphia, PA
Studio - 1 BR | Jul. 15, 2025
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1
$1,300
2326 Brown St Philadelphia, PA
1 BR | Available Now
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Francisville
1
$2,500
1118 S 20th St Philadelphia, PA
4 BR | Dec. 1, 2024
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Southwest Center City
0
$3,800
1532 Willington St Philadelphia, PA
6 BR | Available Now
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2
$799
Philadelphia, PA
1 BR | Available Now
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3
$1,200 - 1,800
Philadelphia, PA
2 - 4 BR | Available Now
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2
$1,200 - 1,300
Philadelphia, PA
2 BR | Available Now
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Francisville
2
$1,300 - 2,000
Philadelphia, PA
2 - 3 BR | Available Now
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1
$3,250
Philadelphia, PA
3 BR | Available Now
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20
$2,100
Philadelphia, PA
2 BR | Available Now
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43
$1,100 - 2,799
2929 Walnut Street Suite 1540 Philadelphia, PA
Studio - 6 BR | Available Now
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2
$700 - 1,950
1611 Sydenham St Philadelphia, PA
2 - 4 BR | Available Now
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1
$1,500 - 2,500
Philadelphia, PA
3 - 5 BR | Available Now
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2
$1,250
Philadelphia, PA
2 BR | Ask for Availability
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Francisville
1
$1,000 - 1,800
1534 N 16th St Philadelphia, PA
1 - 3 BR | Available Now
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0
$1,299
2250 St Albans Philadelphia, PA
1 BR | Available Now
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Southwest Center City
1
$1,800
Philadelphia, PA
4 BR | Available Now
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35
$1,800
Philadelphia, PA
4 BR | Available Now
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28
$799 - 2,399
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ROOM
1100 W Montgomery Philadelphia, PA
1 - 4 BR | Available Now
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3
$2,000
Philadelphia, PA
4 BR | Available Now
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11
$1,100
Philadelphia, PA
Studio | Available Now
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Newbold
1
$2,800 - 2,900
Philadelphia, PA
4 BR | Available Now
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2
$1,650
1530 N 17th St Philadelphia, PA
3 BR | Jul. 15, 2025
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541 - 570 of 890 Results
  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:
November Rent Report

Welcome to the November 2024 Philadelphia Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 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
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Philadelphia Rent Prices Decrease From October to November

Philadelphia rent prices decreased over the last month. From October to November, the city experienced a -0.07% decrease for the price of a one-bedroom apartment. The rent price for a Philadelphia one-bedroom apartments currently stands at $1,413.0.

When we take a look at the two-bedroom comparison from October to November, Philadelphia experienced a 0.8% increase for the price of a two-bedroom apartment. The rent price for a Philadelphia two-bedroom apartments currently stands at $1,880.0.

November Prices: Philadelphia vs. Surrounding Areas

Mount Laurel, NJ
Bryn Mawr, PA
King Of Prussia, PA
Exton, PA
Cherry Hill, NJ
Lansdale, PA
Philadelphia, PA
Wilmington, DE
$2,362
$2,103
$1,895
$1,872
$1,829
$1,671
$1,414
$1,245
$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 4 of the Philadelphia suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in King Of Prussia, PA, Exton, PA, Mount Laurel, NJ, Lansdale, PA .

  • Rent decreased in Bryn Mawr, PA, Cherry Hill, NJ, Wilmington, DE.

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

  • 1 suburb is currently priced lower than the city of Philadelphia.

November 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
$4,211
$3,115
$2,373
$2,354
$1,903
$1,414
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
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 November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Philadelphia, PA $1,414.0 -1.40% $1,865.0 3.73%
King Of Prussia, PA $1,895.0 0.37% $2,319.0 -2.77%
Exton, PA $1,872.0 0.05% $2,354.0 -0.04%
Mount Laurel, NJ $2,362.0 0.98% $2,535.0 0.00%
Bryn Mawr, PA $2,103.0 -5.23% $2,807.0 -2.91%
Cherry Hill, NJ $1,829.0 -1.35% $2,539.0 6.41%
Lansdale, PA $1,671.0 0.36% $2,055.0 0.78%
Wilmington, DE $1,245.0 -4.01% $1,410.0 1.59%

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.