Independence Hall in Old City was home to debates on the Declaration of Independence.

Welcome to Philadelphia, the City of Brotherly Love! From the iconic steps of the Philadelphia Museum of Art to Eagles games at Lincoln Financial Field, Philly is a powerhouse of American history, culture, and innovation.

If you’re looking to rent an apartment in Philadelphia, the number of options can feel overwhelming. We’ve simplified your search by compiling a list of the best places to rent in Philadelphia based on the following factors:

  • Rental availability
  • Average rent relative to other neighborhoods in the city
  • Proximity to points of interest like work hubs, universities, downtown areas, shopping centers, or major parks
  • Niche.com’s neighborhood report cards

The five best neighborhoods in Philadelphia for renters are:

  1. Callowhill
  2. Fairmount-Art Museum
  3. Fishtown
  4. Old City
  5. Rittenhouse Square

Callowhill

Loft buildings on Spring Garden Street in the Callowhill neighborhood of Philadelphia

Why Callowhill is good for renters

Dubbed “The Loft District,” Callowhill attracts renters with its industrial-chic vibe and converted warehouses that offer spacious, modern living spaces. The neighborhood is a growing entertainment hub, home to popular music venues and a burgeoning dining scene. Its location between Center City and Logan Square places renters close to points of interest like the Franklin Institute, the Kimmel Center, and Reading Terminal Market.

Exceptionally Walkable

Exceptional Public Transit

Fairly Drivable

Very Bikeable

100

Callowhill has a walkability score of 100 out of 100

100

Callowhill has a transit score of 100 out of 100

50

Callowhill has a drivability score of 50 out of 100

80

Callowhill has a bikeability score of 80 out of 100

Keep in mind

As a revitalized industrial area, some parts of the neighborhood are still under development, which can mean ongoing construction.

Fairmount-Art Museum

The Fountain of the Sea Horses in front of the Philadelphia Art Museum.
  • Average 1-bedroom rent in Philadelphia: $1,759/month
  • Average 1-bedroom rent in Fairmount-Art Museum: $2,095/month
  • Average 1-bedroom size in Fairmount-Art Museum: 728 square feet

Why Fairmount-Art Museum is good for renters

Fairmount-Art Museum offers an unbeatable combination of cultural attractions and green space. Renters here enjoy having the Philadelphia Museum of Art and Fairmount Park right in their backyard, perfect for weekend visits or morning runs. The area has a friendly, residential feel with beautiful historic rowhomes, cozy cafes, and acclaimed restaurants, all while being a short walk or SEPTA ride from Center City.

Exceptionally Walkable

Exceptional Public Transit

Fairly Drivable

Moderately Bikeable

100

Fairmount-Art Museum has a walkability score of 100 out of 100

90

Fairmount-Art Museum has a transit score of 90 out of 100

40

Fairmount-Art Museum has a drivability score of 40 out of 100

70

Fairmount-Art Museum has a bikeability score of 70 out of 100

Keep in mind

Street parking can be highly competitive, especially during museum events or festivals. Apartments in the historic rowhomes may offer more character but fewer modern amenities than newer buildings.

Fishtown

Brick storefronts on York Streets feature a coffee house and a Fishtown sign in the distance.
  • Average 1-bedroom rent in Philadelphia: $1,759/month
  • Average 1-bedroom rent in Fishtown: $1,860/month
  • Average 1-bedroom size in Fishtown: 490 square feet

Why Fishtown is good for renters

Fishtown is Philadelphia’s epicenter of cool, known for its arts scene, top-tier restaurants, and active nightlife. Renters are drawn to the neighborhood’s creative energy, with independent boutiques, music venues, and art galleries lining its streets. Its location away from the hustle and bustle of Center City makes it a more peaceful experience, but residents can take the Market-Frankford Line to the heart of Philadelphia in about 10 minutes.

Exceptionally Walkable

Strong Public Transit

Fairly Drivable

Moderately Bikeable

100

Fishtown has a walkability score of 100 out of 100

80

Fishtown has a transit score of 80 out of 100

40

Fishtown has a drivability score of 40 out of 100

60

Fishtown has a bikeability score of 60 out of 100

Keep in mind

Fishtown’s popularity means high demand and a fast-paced rental market.

Old City

Historic brick rowhouses line a street in Old City.
  • Average 1-bedroom rent in Philadelphia: $1,759/month
  • Average 1-bedroom rent in Old City: $2,079/month
  • Average 1-bedroom size in Old City: 730 square feet

Why Old City is good for renters

Living in Old City means being surrounded by American history. Renters can walk along cobblestone streets past landmarks like the Liberty Bell and Independence Hall. Beyond its history, the neighborhood boasts a sophisticated atmosphere with art galleries, boutique shopping, and some of the city’s best dining.

Exceptionally Walkable

Exceptional Public Transit

Very Drivable

Moderately Bikeable

100

Old City has a walkability score of 100 out of 100

100

Old City has a transit score of 100 out of 100

80

Old City has a drivability score of 80 out of 100

60

Old City has a bikeability score of 60 out of 100

Keep in mind

The premium location and historic significance come with a higher price tag. The area is also a major tourist destination, which can mean crowded streets and restaurants on weekends and during peak vacation months.

Rittenhouse Square

Customers dine at a restaurant in Rittenhouse Square.
  • Average 1-bedroom rent in Philadelphia: $1,759/month
  • Average 1-bedroom rent in Rittenhouse Square: $2,107/month
  • Average 1-bedroom size in Rittenhouse Square: 688 square feet

Why Rittenhouse Square is good for renters

As one of Philadelphia’s most prestigious addresses, Rittenhouse Square offers an upscale, cosmopolitan lifestyle. The neighborhood is centered around a beautiful park and is packed with high-end retail, highly rated restaurants, and chic cafes. Renters looking for luxury high-rise living with premier amenities and unparalleled proximity to everything the city has to offer will feel right at home here.

Exceptionally Walkable

Exceptional Public Transit

Somewhat Drivable

Moderately Bikeable

100

Rittenhouse Square has a walkability score of 100 out of 100

100

Rittenhouse Square has a transit score of 100 out of 100

30

Rittenhouse Square has a drivability score of 30 out of 100

70

Rittenhouse Square has a bikeability score of 70 out of 100

Keep in mind

Rittenhouse Square is on the pricier end of Philadelphia’s neighborhoods, both for rent and daily living expenses. The constant activity means it’s one of the busiest parts of the city.

Ready to Make the Move?

If Philadelphia has caught your eye, take the next step with Apartments.com! Whether you’re dropping in for a short-term lease or hoping to set down roots, Apartments.com has the tools to help you find the perfect place. Navigate housing across neighborhoods with our customized search engine and use our customizable filters to narrow your search by price, amenities, and floor plan.

Wherever you are and wherever you’re going, the options are endless with Apartments.com.

Methodology

Rent and cost of living data are sourced from the Apartments.com Rent Trends pages and Cost of Living Calculator. Walkability, transit, drivability, and bikeability ratings are sourced from the Apartments.com Area Guides, courtesy of Local Logic.

This article was originally published on January 9, 2026, and has been updated to reflect March 2026 data.

FAQs

Is Philadelphia a good place to live?

Yes, Philadelphia is a good place to live for renters who want a major historic city experience without the cost of New York or Washington, D.C. It offers history, arts, and culture, plus a passionate sports scene and a renowned food landscape.

Is Philadelphia an expensive place to live?

The cost of living in Philadelphia is 7.2% higher than the national average, making it more expensive than many other big cities. On average, the cost of living in Philadelphia for a renter is 18.6% higher than the national average.

If you’re on a tight budget, there are plenty of affordable neighborhoods to start your search.

What’s the average rent in Philadelphia?

The average rent in Philadelphia is $1,759/month, as of March 2026. This is 8% higher than the national average rent of $1,627/month.

What salary do you need to live in Philadelphia?

According to our cost of living data, a comfortable salary for a single adult with no dependents to cover housing, utilities, groceries, and goods and services in Philadelphia would be around $89,000 before tax.

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Chloe Savan

Chloe Savan is a content writer for Apartments.com. With a master’s degree in journalism, four years of professional writing experience, and two years of experience in the residential rental real estate field, she aims to help renters keep up with industry trends and navigate the ins and outs of leases.

Chloe Savan smiling in graduation pictures.
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