What is the Average Rent of a 2-Bedroom Apartment in Philadelphia?

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A 2-bedroom apartment can be the ideal choice for small families or for two people sharing a home. It generally comes with two bathrooms as well to cater to multiple occupants within the apartment. The average rent of a 2-bedroom apartment in Philadelphia is $1,692.00*.

What is the Rental Cost of a 2-Bedroom Apartment in Philadelphia?

The average cost of a 2 Bedroom apartment in Philadelphia is $1,692.00, but there are plenty of apartments that cost upwards of $3,000 per month for a 2-bedroom. There are also apartments that cost significantly less.

The average cost of a 2 Bedroom Apartment in Philly comes to about $1.70 per square foot, which means the average size of a Philadelphia 2-bedroom apartment is about 995 square feet.

How to Look for a 2-Bedroom Apartment in Philadelphia?

When looking for a 2-bedroom apartment, you need to keep in mind multiple factors to make sure it’s the right choice for your needs –

Research the Neighborhood

Check that the neighborhood meets your needs. Is it near your workplace, school or public transport? Does it make your lifestyle easier or harder? Are there enough parks and facilities nearby? Are there grocery stores nearby? Make sure you keep all this in mind while researching the neighborhood.

Check the Crime Stats of the Neighborhood

Although no neighborhood is devoid of crime, crime can be measured and you can research crime rates historically in the neighborhood. For example, as of the date this article was written, according to the Philadelphia Inquirer which tracks crime rates looking back 30 days, property crime rates in Northern Liberties were 8.2 times higher than property crime rates in the Bustleton Neighborhood looking back 30 days from the date this article was first written.

Size of the Apartment

The size of the apartment will play a big role in your decision especially if there are multiple occupants. You will want to make sure the apartment doesn’t feel too cramped and that the bedrooms are a good size with enough natural lighting around. Some bedrooms come with two bathrooms and some come with one bathroom so you’ll want to check that as well.

Type of Community

Another important consideration is the apartment community. Do you want to live in a garden-style apartment, mid-rise, high-rise? Do you prefer an apartment with balcony? Do you want a walk-up apartment or apartment with a central hallway and an elevator?

Amenities

Consider the apartment amenities at the apartment complex like pools, fitness centers, gardens, and anything else that you are looking for. Generally speaking, apartment complexes with amenities will cost more.

Research as much as possible before choosing a 2-bedroom apartment in Philadelphia.

*Rent Data last pulled from Costar Analytics August 2020


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