Apartments in Olde Kensington Philadelphia

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1
$1,550 - 2,400
1401 Germantown Ave Philadelphia, PA
Studio - 2 BR | Available Now
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Olde Kensington
1
$1,795 - 1,995
Philadelphia, PA
2 BR | Available Now
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Olde Kensington
14
$1,250
Phila, PA
2 BR | Available Now
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Disability Access
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11
$2,700
Philadelphia, PA
3 BR | Ask for Availability
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Olde Kensington
18
$1,424 - 1,708
Philadelphia, PA
1 BR | Available Now
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0
$2,200
1532 N 2nd St Philadelphia, PA
2 BR | Available Now
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Olde Kensington
29
$2,150
Philadelphia, PA
2 BR | Available Now
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Olde Kensington
1
$3,378
1545 N Orkney St Philadelphia, PA
3 BR | Mar. 10, 2025
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Olde Kensington
17
$2,150
Philadelphia, PA
2 BR | Available Now
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33
$1,500 - 2,775
1705 N American St Philadelphia, PA
Studio - 2 BR | Available Now
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In Unit Laundry
37
$1,520 - 1,935
1401 N 5Th St Philadelphia, PA
Studio - 1 BR | Available Now
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19
$1,695 - 2,000
420 Cecil B Moore Ave Philadelphia, PA
2 - 3 BR | Available Now
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Olde Kensington
64
$1,475 - 2,800
1775 N American St Philadelphia, PA
Studio - 2 BR | Available Now
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1
$2,250
1210 N Palethorp St Philadelphia, PA
2 BR | Available Now
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Olde Kensington
20
$1,375 - 1,750
Deal
101 W Oxford St Philadelphia, PA
Studio | Available Now
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In Unit Laundry
10
$1,400
Philadelphia, PA
1 BR | Available Now
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Olde Kensington
1
$1,425
Phila, PA
1 BR | Available Now
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Olde Kensington
15
$2,100
Philadelphia, PA
2 BR | Available Now
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In Unit Laundry
7
$2,077
1314 N Front St Philadelphia, PA
2 BR | Available Now
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Olde Kensington
12
$1,545
Philadelphia, PA
1 BR | Available Now
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Olde Kensington
11
$3,350
Philadelphia, PA
3 BR | Available Now
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Olde Kensington
9
$1,585
1720 N. 5Th Street Philadelphia, PA
1 BR | Ask for Availability
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Olde Kensington
18
$1,288
Philadelphia, PA
Studio | Available Now
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Olde Kensington
1
$1,507 - 1,884
342 W Girard Ave Philadelphia, PA
1 - 2 BR | Available Now
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31
$1,800
Philadelphia, PA
3 BR | Available Now
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Disability Access
Olde Kensington
11
$1,400
Philadelphia, PA
2 BR | Jan. 2, 2025
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Olde Kensington
1
$2,352 - 2,820
1151 N 3rd St Philadelphia, PA
1 - 2 BR | Available Now
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Fitness Center
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17
$2,700
Philadelphia, PA
2 BR | Feb. 15, 2025
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Balcony/Deck/Patio
Dishwasher
Olde Kensington
14
$1,400
Philadelphia, PA
2 BR | Ask for Availability
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Olde Kensington
6
$1,195 - 1,765
1229 N Front St Philadelphia, PA
Studio - 2 BR | Available Now
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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.