Average Rent In Philadelphia Area Generally Lower Than National Average
The average rent in the Philadelphia area is generally below the national average, which reached $1,476 per month in October, according to a new report published by the RENTCafé.
However the most expensive for renters in the region and in the state are Philadelphia apartments, with an average monthly rent of $1,652. This average grew by $10 compared to the previous month and $80 compared to the same time last year.
Not far behind are apartments in King of Prussia, with an average rent of $1,617. However, the average here has decreased by $14 compared to September and went down $16 compared to a year ago.
Meanwhile, the cheapest apartments to rent in the area are in Upper Darby, at an average rent of $909. This average increased by $7 compared to the previous month and $53 compared to October 2018.
The second cheapest place to rent in the Philadelphia area is Drexell Hill, where the average charged is $1,095. Still, this marks a huge $101 spike in the cost compared to twelve months ago.
Finally, Levittown saw the largest month-over-month increase in the area at $16, which brought its average to be $1,294.
Read more about average rents in the Philadelphia area at the RENTCafé by clicking here.
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