South Philadelphia, PA
April 2026
19145,19147,19148
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,506 – $1,665 | 1.82% | 4.95% |
| 2-Bedroom | $1,836 – $2,029 | -3.41% | 1.43% |
| 3-Bedroom | $2,139 – $2,364 | -3.57% | -3.77% |
| 4-Bedroom | $2,668 – $2,833 | 1.21% | 2.61% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,515 – $1,642 | 1.01% | 1.80% |
| 2-Bedroom | $1,817 – $1,968 | 2.47% | 2.69% |
| 3-Bedroom | $2,139 – $2,349 | 4.82% | 5.57% |
| 4-Bedroom | $2,643 – $2,933 | 2.81% | 3.58% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,455 – $1,499 | -1.05% | -0.43% |
| 2-Bedroom | $1,682 – $1,822 | -0.16% | -2.40% |
| 3-Bedroom | $1,927 – $2,129 | -3.16% | -12.40% |
| 4-Bedroom | $2,626 – $2,788 | -1.50% | -0.71% |
In the South Philadelphia (19145, 19147, 19148) rental market, 1-bedroom apartments reached a median rent of $1,586, gaining 4.95% year-over-year and rising 1.82% month-over-month. This upward momentum underscores shifting pricing for smaller apartment units within South Philadelphia (19145, 19147, 19148).
Across South Philadelphia (19145, 19147, 19148), 3-bedroom condos and townhomes posted a notable 4.82% increase month-over-month, reaching $2,244. In contrast, 3BR apartments fell -3.57% MoM to $2,251, showing condos outperformed apartments on recent price movement despite the $7 higher apartment rent.
The South Philadelphia (19145, 19147, 19148) rental trends point to sharp declines for 3-bedroom single-family homes, where median rent decreased by 12.40% year-over-year to $2,028 and also contracted by 3.16% month-over-month. This segment has weakened relative to larger multifamily units.