Thinking of renting in Philadelphia and want to know what kind of rents are around. The most expensive neighborhoods in Philadelphia are Washington Square West, Society Hill, Rittenhouse, Old City, and Fitler Square. Read on to learn more about specific costs associated with each neighborhood.
Washington Square West
Located in Center City in Philly, Washington Square West sits between Midtown Village, Old City, and Queen Village. It is well known for its bustling restaurant and café scene. The average rent of a one-bedroom unit is $2,398 and a two-bedroom unit is $3,000 per month. Plus Parking ($250 and $325) per month.
- 1 Bedroom: $2,398
- 2 Bedroom: $3,500
Society Hill is an upscale Center City neighborhood characterized by cobblestone streets, old period houses, and a historic vibe. It is situated near the Liberty Bell and Independence Hall. The average rent of a one-bedroom unit is $2,090 and a two-bedroom unit is $2,702 per month. Parking costs between $290 and $325 per month.
- 1 Bedroom: $2,160
- 2 Bedroom: $2,825
Reminiscent of colonial times and known as the most historic square mile in America, Old City Philadelphia is one of the most attractive and high-end neighborhoods in Philly. It is famous for its trendy bars, eateries and nightlife options that surround the history. The average rent of a one-bedroom unit is $2,090 and a two-bedroom unit is $2,702 per month. Parking costs between $275 and $375 per month. Few buildings in the neighborhood offer onsite parking.
- 1 Bedroom: $1,930
- 2 Bedroom: $2,550
Rittenhouse Square is another popular, bustling, and upscale neighborhood in Philly. It is home to plenty of hotels, alfresco dining spots, is the main shopping district of high-end stores, which make it popular with locals and tourists alike. The average rent of a one-bedroom unit is $1,870 and a two-bedroom unit is $2,804 per month. Parking costs between $325 and $500 per month.
- 1 Bedroom: $2,030
- 2 Bedroom: $2,983
Filter Square is a tranquil neighborhood known for its family-friendly vibe and mix of hip restaurants, cafes and bars. The average rent of a one-bedroom unit is $1,705 and a two-bedroom unit is $2,337 per month. Parking costs between $200 and $280 per month.
- 1 Bedroom: $1,911
- 2 Bedroom: $2,725
If you are looking for an upscale Philly neighborhood to live in, check out any of these areas to enjoy a grand lifestyle right in the heart of the action.
On the contrary, if you are looking for some of the most affordable neighborhoods in Philadelphia, check out Bustleton, Somerton, Fox Chase, and Mt Airy.
Learn More about 21+ Philadelphia Neighborhoods at: https://www.phillyaptrentals.com/blog/ultimate-philadelphia-neighborhood-guide/
Last Updated: January 2022