Report: University City tops most expensive neighborhood rents in Philadelphia
With rental firm Zumper's fall report, two important takeaways: Philadelphia is now the 15th-most-expensive rental city in the nation and median University City rents have crested $1,900 a month.
The report shows that the median rent for a one-bedroom in Philadelphia is now $1,400 (up 4.5 percent from last month). Two-bedroom median rents are up more than 12 percent compared with this time last year, at $1,570. At its position as 15th-most-expensive city in the country for renters, Philadelphia is immediately behind Providence, Rhode Island. San Francisco remains at the top of the list, with median monthly rentals at $3,420.
Locally, Logan Square and Center City West aren't far behind University City with median one-bedroom rental rates at $1,830 and $1,800, respectively. For rents less than $1,000 monthly, options will be more abundant in Point Breeze, parts of South Philadelphia and further afield in West Philadelphia.
Check out all the local rental rates at this month's report.
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