South Philadelphia, PA
June 2026
19145,19147,19148
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,588 – $1,755 | 6.23% | 7.57% |
| 2-Bedroom | $1,891 – $2,090 | -7.41% | 1.33% |
| 3-Bedroom | $2,454 – $2,739 | 1.25% | 6.43% |
| 4-Bedroom | $2,675 – $2,841 | 3.49% | -0.97% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,453 – $1,596 | -2.09% | -3.89% |
| 2-Bedroom | $1,956 – $2,149 | 7.10% | 5.22% |
| 3-Bedroom | $2,026 – $2,240 | -1.55% | 0.64% |
| 4-Bedroom | $2,646 – $2,896 | -3.52% | 0.94% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,561 – $1,674 | 4.28% | 6.32% |
| 2-Bedroom | $1,725 – $1,868 | 0.64% | 1.13% |
| 3-Bedroom | $1,983 – $2,192 | 3.58% | -12.42% |
| 4-Bedroom | $2,790 – $2,957 | 2.76% | 2.08% |
In the South Philadelphia (19145, 19147, 19148) rental market, 2-bedroom apartments reached a median rent of $2,193 in May, jumping 10.8% month-over-month and 11.93% year-over-year. This segment posted the largest monthly and annual gain among all property types and bedroom sizes in the market.
Rent for single-family 3-bedroom homes in South Philadelphia (19145, 19147, 19148) dropped to $2,048, reflecting a 12.83% year-over-year decrease. In comparison, 3-bedroom apartments ended May at $2,574, which is up 7.08% from the previous year, showcasing a gap of $526 between the two segments.
The data shaping South Philadelphia (19145, 19147, 19148) rental trends show 4-bedroom condo/townhome rents rising to $2,945, up 6.88% year-over-year. This annual increase outpaced both 4BR apartments, which declined by 1.91% YoY, and 4BR single-family homes, which grew just 0.58%.