Apartments in 19116

1 - 5 of 5 Results
14
$1,475
1760 Tomlinson Rd Philadelphia, PA
1 BR | Jun. 10, 2024
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
6
$1,350
13659 Philmont Ave Philadelphia, PA
1 BR | Jul. 10, 2024
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Cat Friendly
Storage
Disability Access
8
$1,195 - 1,595
10101 Northeast Ave Philadelphia, PA
1 - 2 BR | Available Now
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Heat Included
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
11
$1,130 - 1,230
450 Byberry RD Philadelphia, PA
2 BR | Available Now
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Cat Friendly
Luxury
Townhome
Air Conditioning
In Unit Laundry
8
$1,450
13451 Philmont Ave Philadelphia, PA
2 BR | Available Now
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Cat Friendly
Luxury
Air Conditioning
Surface Parking
Dishwasher
1 - 5 of 5 Results
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How much does it cost to rent an apartment in 19116?

19116 apartments
Bed Type Average Rent Range
1BR $1,350 $1,200 - $1,480
2BR $1,290 $1,130 - $1,450
Find an Apartment in 19116
Looking for apartments for rent in 19116 Philadelphia, PA? Rentable can help you find the perfect rental in this area. Currently, there are 7 units available for rent in the 19116 zip code. The average rent in this area is $1,350, with the minimum rent for a 2-bedroom floor plan starting at $1,130.

For those who love outdoor activities, the nearby Pennypack Park offers a beautiful green space to enjoy nature and go for walks. Additionally, the 19116 zip code is close to various shopping centers and restaurants, providing convenient access to everyday amenities.

Want to find your dream apartment in 19116 Philadelphia, PA? Take a look at Rentable's listings in this area and discover the rental that meets all your criteria.

Philadelphia:
May Rent Report

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

Philadelphia Rent Prices Decrease From April to May

Philadelphia rent prices decreased over the last month. From April to May, the city experienced a -0.15% decrease for the price of a one-bedroom apartment. The rent price for a Philadelphia one-bedroom apartments currently stands at $1,326.0.

When we take a look at the two-bedroom comparison from April to May, Philadelphia experienced a 0.74% increase for the price of a two-bedroom apartment. The rent price for a Philadelphia two-bedroom apartments currently stands at $1,770.0.

May Prices: Philadelphia vs. Surrounding Areas

Bryn Mawr, PA
Norristown, PA
Mount Laurel, NJ
King Of Prussia, PA
Exton, PA
Cherry Hill, NJ
Philadelphia, PA
Wilmington, DE
$2,263
$2,237
$2,002
$1,893
$1,877
$1,852
$1,328
$1,271
$0
$750
$1,500
$2,250
$3,000
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, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Mount Laurel, NJ, Bryn Mawr, PA, Norristown, PA, Cherry Hill, NJ, Wilmington, DE .

  • Rent decreased in King Of Prussia, PA, Exton, PA.

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

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

May 2024 Pricing Trends: Philadelphia vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Philadelphia, PA
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,328
$1,300
$1,283
$1,178
$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 May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Philadelphia, PA $1,328.0 -0.60% $1,757.0 0.34%
King Of Prussia, PA $1,893.0 -0.37% $2,426.0 0.92%
Mount Laurel, NJ $2,002.0 4.11% $2,521.0 0.36%
Exton, PA $1,877.0 -0.11% $2,372.0 -0.08%
Bryn Mawr, PA $2,263.0 9.54% $2,920.0 3.47%
Norristown, PA $2,237.0 0.18% $2,963.0 0.10%
Cherry Hill, NJ $1,852.0 1.20% $2,434.0 -2.99%
Wilmington, DE $1,271.0 0.24% $1,484.0 -0.80%

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.