Apartments in 19106

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$2,500
103-107 Church St Philadelphia, PA
1 BR | Available Now
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Penn's Landing
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How much does it cost to rent an apartment in 19106?

19106 apartments
Bed Type Average Rent Range
Studio $1,570 $1,460 - $2,200
1BR $2,020 $1,570 - $2,580
2BR $2,500 $1,690 - $3,110
3BR $4,270 $3,300 - $5,200
Find an Apartment in 19106
Looking for apartments for rent in 19106 Philadelphia, PA? Rentable has provided information about rental properties in this area. Currently, there are 77 units available for rent in the 19106 zip code. The average rent for these apartments is $2,200, with the lowest rent for a studio floor plan starting at $1,455.

The top neighborhoods in 19106 are Penn's Landing, Old City, and Market East. These neighborhoods offer a variety of amenities and attractions. Penn's Landing is known for its waterfront area, where residents can enjoy outdoor activities and events along the Delaware River. Old City is rich in history, with many historic landmarks, art galleries, and trendy shops and restaurants. Market East is a bustling area with a vibrant food scene, shopping centers, and a central location for easy access to other parts of the city.

For those who enjoy outdoor recreation, nearby parks in the vicinity of 19106 include Washington Square Park, Franklin Square Park, and Independence National Historical Park. These parks provide green spaces for leisure activities and relaxation.

If you're searching for apartments near 19106 in Philadelphia, PA, Rentable offers a variety of rental options to suit your needs. Explore our listings and find your perfect rental in this vibrant zip code.

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.