Hey there, future Philadelphian! So, you’re considering renting an apartment in Philadelphia, Pennsylvania? Great choice! Philadelphia, affectionately called “Philly,” offers a diverse array of neighborhoods, each with its own charm and character. From bustling, modern areas to historic, cobblestone-lined streets, Philly has something for everyone. Deciding where to live in this vibrant city can be exciting yet overwhelming. But don’t worry—we’re here to help you navigate through the best neighborhoods in Philadelphia and break down everything from rent costs to the vibe of each area.
Key factors for renters in Philadelphia
Before diving into specific neighborhoods, let’s talk about why Philadelphia is such a great place for renters and what you should know.
Overview of the rental market: Philadelphia’s rental market is varied, offering everything from luxurious high-rises to more affordable rowhouses. The average rent for a one-bedroom apartment is around $1,700, though costs can range widely depending on the neighborhood. Renters will find both budget-friendly options and upscale areas to choose from.
Ratio of renters vs. owners: About 47.8% of housing units in Philadelphia are renter-occupied, which means there’s a significant community of renters throughout the city. This diversity in housing ensures that renters have a strong presence in most neighborhoods.
Neighborhood vibes and amenities: Each neighborhood in Philly offers something unique, from the historic charm of Old City to the nightlife of Fishtown. Whether you’re looking for a foodie haven, a quiet retreat, or a vibrant arts scene, Philadelphia has you covered.
Transit and parking: Philadelphia is known for its walkability, reliable public transit, and bike-friendly streets. SEPTA’s network of buses, subways, and trolleys makes it easy to get around, but parking can be a challenge in more crowded neighborhoods, so plan accordingly.
Ready to find your new favorite neighborhood? Let’s go!
1. Rittenhouse Square
Vibe: Sophisticated, vibrant, and central.
Average rent: Around $1,400 for a one-bedroom.
Highlights: High-end boutiques, fine dining, and the iconic Rittenhouse Square Park.
Renter-friendly housing: Plenty of upscale apartments and condos.
Why is Rittenhouse Square perfect for renters?
This neighborhood is a favorite for those who want a touch of elegance while staying close to the action. The central location of Rittenhouse Square means you’re within walking distance of shops, restaurants, and cultural institutions. The park itself is a hub for outdoor activities, with locals enjoying picnics or reading on sunny afternoons. It’s an ideal spot for anyone seeking a refined city lifestyle.
2. Fishtown
Vibe: Artsy, hip, and constantly evolving.
Average rent: Around $1,350 for a one-bedroom.
Highlights: Trendy cafes, music venues, and a thriving creative scene.
Renter-friendly housing: A mix of loft apartments and townhouses.
Why do renters choose to live in Fishtown?
Known as the city’s creative epicenter, Fishtown offers an eclectic mix of modern and historic vibes. Its streets are lined with murals, and the neighborhood is a haven for foodies and music lovers alike. Renters flock here for the artistic energy and vibrant nightlife. Plus, it’s one of the city’s most bike-friendly areas.
3. Old City
Vibe: Historic, charming, and walkable.
Average rent: Around $1,800 for a one-bedroom.
Highlights: Cobblestone streets, iconic landmarks like Independence Hall, and boutique shops.
Renter-friendly housing: A mix of modern apartments and historic buildings.
Why is Old City perfect for renters?
If you’re a history buff or simply love the charm of cobblestone streets, Old City is the neighborhood for you. With landmarks at nearly every corner, this area feels like stepping back in time while offering modern conveniences. It’s also home to some of Philly’s best galleries and First Friday art walks.
4. Manayunk
Vibe: Quaint, hilly, and community-focused.
Average rent: Around $1,300 for a one-bedroom.
Highlights: Main Street’s shops and cafes, proximity to the Schuylkill River Trail, and a small-town feel.
Renter-friendly housing: Many converted rowhomes and small apartment complexes.
Why is Manayunk perfect for renters?
Nestled along the Schuylkill River, Manayunk offers a cozy, suburban vibe while still being part of the city. The neighborhood’s Main Street is packed with locally-owned businesses, making it a great spot for community-minded renters. Outdoor enthusiasts will also love the easy access to trails and green spaces.
5. University City
Vibe: Academic, youthful, and lively.
Average rent: Around $1,700 for a one-bedroom.
Highlights: University of Pennsylvania and Drexel University, vibrant food scene, and cultural events.
Renter-friendly housing: Apartments cater to students and non-students alike.
Why is University City perfect for renters?
Home to two major universities, University City buzzes with youthful energy and intellectual curiosity. It’s an ideal spot for students, academics, and anyone who loves being surrounded by diverse perspectives. The area’s restaurants and cultural events are also major draws.
6. Fairmount
Vibe: Quiet, cultural, and friendly.
Average rent: Around $1,350 for a one-bedroom.
Highlights: Philadelphia Museum of Art, Fairmount Park, and a tight-knit community.
Renter-friendly housing: Many single-family homes and smaller apartment buildings.
Why is Fairmount popular with renters?
This neighborhood combines a residential feel with easy access to some of the city’s top cultural attractions. Fairmount Park offers endless opportunities for outdoor activities, while nearby museums and galleries make it a haven for art lovers.
7. Graduate Hospital (G-Ho)
Vibe: Up-and-coming, trendy, and urban.
Average rent: Around $1,300 for a one-bedroom.
Highlights: Proximity to Center City, new restaurants, and a neighborhood feel.
Renter-friendly housing: A mix of modern developments and older homes.
Why is Graduate Hospital perfect for renters?
Often called “G-Ho,” this area has become a hotspot for renters of all ages. Its proximity to Center City makes commuting easy, while the growing number of trendy restaurants and shops gives it a lively vibe.
8. Queen Village
Vibe: Historic, eclectic, and artsy.
Average rent: Around $1,500 for a one-bedroom.
Highlights: Fabric Row, unique boutiques, and a strong sense of community.
Renter-friendly housing: Many charming rowhouses and boutique apartments.
Why do renters love Queen Village?
As one of Philadelphia’s oldest neighborhoods, Queen Village boasts a blend of history and creativity. Its artsy vibe and sense of community make it a welcoming place for renters who want a quieter, more intimate neighborhood.
9. Northern Liberties (NoLibs)
Vibe: Trendy, vibrant, and community-driven.
Average rent: Around $1,500 for a one-bedroom.
Highlights: Outdoor beer gardens, eclectic restaurants, and local shops.
Renter-friendly housing: A mix of modern apartments and converted industrial spaces.
Why is Northern Liberties perfect for renters?
Northern Liberties, affectionately known as NoLibs, has seen a major transformation over the years. Once an industrial hub, it’s now one of Philly’s trendiest neighborhoods, drawing creatives and entrepreneurs. The area is filled with unique cafes, breweries, and art spaces, making it a lively spot for renters who love a mix of culture and community. With several green spaces and walkable streets, NoLibs offers a balance of urban energy and neighborhood charm.
10. Chestnut Hill
Vibe: Quaint, green, and upscale.
Average rent: Around $1,250 for a one-bedroom.
Highlights: Historic Germantown Avenue, boutique shopping, and proximity to Wissahickon Valley Park.
Renter-friendly housing: A variety of garden apartments, townhouses, and historic homes.
Why do renters love Chestnut Hill?
If you’re looking for a picturesque escape from the bustle of Center City, Chestnut Hill is an excellent choice. Known as Philadelphia’s “Garden District,” this neighborhood features tree-lined streets, charming storefronts, and an abundance of outdoor activities. Wissahickon Valley Park offers miles of trails for hiking, biking, and picnicking. Chestnut Hill’s slower pace and upscale atmosphere appeal to renters who appreciate a quieter lifestyle without being too far from the city.
Tips for renting in Philadelphia
- Start early: Philly’s rental market can move quickly, so begin your search at least a month or two in advance.
- Consider public transit: SEPTA is reliable, but proximity to transit can greatly enhance your daily commute.
- Research neighborhoods: Each area has its own character—visit a few before making your decision.
Philadelphia has something for everyone, from history enthusiasts to foodies and creatives. Take your time exploring the neighborhoods to find the one that matches your lifestyle. Happy renting, and welcome to Philly!
Methodology: Rent prices from Rent.com. Home prices from Redfin.com. Population, renter vs. owner ratios, and travel time from U.S. Census. Average apartment size from Rentcafe. Cost of living from Redfin. WalkScore, TransitScore, and BikeScore from walkscore.com. All data sourced November 2024.