South Philadelphia, PA Rental Market Data

As of August 2026, rental prices in South Philadelphia, PA range from $1,526 to $2,846 per month depending on property type and bedroom count.

The largest year-over-year change was a -12.06% decrease for single-family 3-bedroom rentals in South Philadelphia, PA.

For 2-bedroom properties, condos/townhomes have a higher median rent at $2,086 compared to $1,843 for single-family homes.

What are the typical rent prices in South Philadelphia, PA as of August 2026?

Rents in South Philadelphia, PA as of August 2026 span from $1,526 for a 1-bedroom apartment to $2,846 for a 4-bedroom apartment.

What is the cheapest rental option in South Philadelphia, PA right now?

The most affordable rental segment in South Philadelphia, PA is a 1-bedroom apartment at $1,526 per month as of August 2026.

How much more do condos and townhomes cost versus single-family homes for the same bedroom count in South Philadelphia, PA?

For 2-bedroom units, condos/townhomes in South Philadelphia, PA have a median rent of $2,086 while single-family homes cost $1,843 per month, a premium of $243 for condos/townhomes.

Which segment saw the biggest annual rent decline in South Philadelphia, PA?

The largest annual decrease was seen in single-family 3-bedroom rentals, where rents fell -12.06% year-over-year in South Philadelphia, PA, and this decline is limited to that bedroom count, not broad across all single-family rentals.

South Philadelphia, PA

August 2026

19145,19147,19148

Long-term Rental Rates

Apartment

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,435 – $1,554	-5.51%	-1.21%
2-Bedroom	$1,757 – $1,942	-5.87%	-8.56%
3-Bedroom	$2,215 – $2,399	-4.83%	-2.48%
4-Bedroom	$2,761 – $2,932	0.07%	2.15%

Condo/Townhome

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,461 – $1,605	3.64%	3.96%
2-Bedroom	$1,982 – $2,191	2.98%	6.97%
3-Bedroom	$2,081 – $2,254	-3.40%	0.05%
4-Bedroom	$2,642 – $2,845	-6.86%	-3.23%

Single-Family

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,548 – $1,650	1.79%	4.63%
2-Bedroom	$1,771 – $1,918	1.59%	1.68%
3-Bedroom	$1,993 – $2,203	-0.51%	-12.06%
4-Bedroom	$2,686 – $2,852	-3.17%	-1.99%

Data updated: September 23, 2026

South Philadelphia Rental Trends

In the South Philadelphia (19145, 19147, 19148) rental market, 2-bedroom condo/townhomes posted notable year-over-year growth, with median rent climbing 6.97% to $2,086. This segment's increase sets it apart from 2BR apartments, which fell 7.92% YoY, and 2BR single-family homes, which rose only 1.60% in the same period.

Among four-bedroom units in South Philadelphia (19145, 19147, 19148), apartments command the highest rents at $2,846, exceeding condo/townhomes by $103 and single-family homes by $77. This premium suggests that larger apartment units currently capture the most rental value in this submarket segment.

Compared to last year, 3-bedroom single-family homes saw median rents drop 12.06% to $2,098, while South Philadelphia (19145, 19147, 19148) rental trends for 3BR apartments and condo/townhomes reported much smaller annual changes, at -2.48% and +0.05% YoY respectively.

12-Month Median Rent Trend

Apartment

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,495	$1,849	$2,307	$2,846
July 2026	$1,549	$1,961	$2,411	$2,838
June 2026	$1,671	$1,990	$2,596	$2,758
May 2026	$1,565	$2,193	$2,574	$2,673
April 2026	$1,586	$1,933	$2,251	$2,750
March 2026	$1,556	$2,033	$2,362	$2,730
February 2026	$1,520	$1,879	$2,393	$2,678
January 2026	$1,495	$1,957	$2,268	$2,657
December 2025	$1,497	$1,898	$2,274	$2,664
November 2025	$1,501	$1,991	$2,292	$2,694
October 2025	$1,511	$1,921	$2,329	$2,721
September 2025	$1,495	$2,013	$2,338	$2,743

Condo / Townhome

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,533	$2,086	$2,167	$2,743
July 2026	$1,514	$2,023	$2,218	$2,937
June 2026	$1,524	$2,053	$2,133	$2,771
May 2026	$1,527	$1,907	$2,211	$2,945
April 2026	$1,579	$1,892	$2,244	$2,788
March 2026	$1,552	$1,904	$2,089	$2,762
February 2026	$1,589	$1,843	$2,000	$2,667
January 2026	$1,527	$1,886	$2,035	$2,583
December 2025	$1,565	$1,890	$2,079	$2,604
November 2025	$1,545	$1,974	$2,047	$2,635
October 2025	$1,542	$1,914	$2,075	$2,664
September 2025	$1,553	$2,003	$2,087	$2,781

Single-Family

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,599	$1,844	$2,098	$2,769
July 2026	$1,573	$1,782	$2,069	$2,842
June 2026	$1,617	$1,797	$2,088	$2,871
May 2026	$1,538	$1,780	$2,048	$2,795
April 2026	$1,477	$1,752	$2,028	$2,707
March 2026	$1,492	$1,755	$2,131	$2,734
February 2026	$1,502	$1,800	$2,273	$2,704
January 2026	$1,482	$1,767	$2,264	$2,687
December 2025	$1,479	$1,789	$2,265	$2,701
November 2025	$1,478	$1,755	$2,301	$2,730
October 2025	$1,484	$1,751	$2,315	$2,763
September 2025	$1,503	$1,789	$2,363	$2,797

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