FAQs
As of September 2024, the average rent in Philadelphia, PA is $1,711 per month. For comparison, the national average rent price in the US is currently $1,563/month, which means Philadelphia rent prices are 9% higher than the national average.
What is the rental market like in Philadelphia? ›
The average rent for apartments in Philadelphia, PA, is between $1,322 and $2,152 in 2024. For a studio apartment in Philadelphia, PA, the average rent is $1,322. When it comes to 1-bedroom apartments, the average rent in Philadelphia, PA, is $1,827. For a 2-bedroom apartment, the average rent is $2,152.
What is rent Philly? ›
Rent Philly is a Condo Shops (TCS) Rental Portal. We are the largest purveyor of the finest apartment and condominium rentals in the Philadelphia Area.
Is renting rooms legal in Philadelphia? ›
You can rent your home or a room in it for fewer than 30 days at a time. To do so, you need to meet certain requirements and limitations.
What salary is needed to live comfortably in Philadelphia? ›
How much does a single person need to make to live comfortably in Philadelphia? The SmartAsset study found a single person in Philadelphia would need to make a salary of $92,726 per year, pre-tax, to live comfortably in the city. That breaks down to an hourly wage of $44.58.
What is the minimum wage in Philadelphia? ›
What is the Minimum Wage in Pennsylvania? The minimum wage in Pennsylvania is $7.25 per hour.
How much can a landlord raise rent in Philadelphia? ›
Pennsylvania does not have statewide rent control laws. This means that, unlike in some other states or cities, there are no specific state laws, regulations, or limitations on how much landlords can increase rent.
Can you negotiate rent in Philadelphia? ›
You always have the right to negotiate with your landlord. You can ask the landlord to keep the rent at the same rate or ask for a smaller increase. Landlords generally do not want to have to find new tenants. However, if you cannot come to an agreement with your landlord, your options are to pay the increase or move.
What do you need to rent an apartment in Philadelphia? ›
2) Provide Proof of Income (mandatory):
We are looking for take home pay to equal 3 times the rent. Self Employed Individual: For those persons who are independent contractors and applying as a prospective tenant, we will need copies of 2 years tax returns and last 3 months bank statements to validate the income.
Can a landlord evict you if there is no lease in Pennsylvania? ›
Yes, even without a written lease, a landlord can evict a tenant in Pennsylvania as long as they follow the proper legal eviction process. This includes providing the required notice period and obtaining a court order for eviction from the local district court.
A unit occupied by not more than two occupants shall have a clear floor area of not less than 220 square feet (20.4 m2). A unit occupied by three occupants shall have a clear floor area of not less than 320 square feet (29.7 m 2). These required areas shall be exclusive of the areas required by Items 2 and 3.
Can a landlord terminate a month-to-month lease in PA? ›
In order to end a tenancy early in Pennsylvania, the landlord or tenant must provide the other party with a written notice containing a specific deadline. These include: Notice to terminate a month-to-month lease – 15 days. Notice to terminate a lease for a year – 15 days.
Is Philadelphia considered high cost of living? ›
According to various sources, the overall cost of living in Philadelphia is approximately 5% higher than the national average. This increase can be attributed to several factors, including housing, utilities, groceries, and transportation.
Is it affordable to live in Philly? ›
Philly's cost of living index is 104.3, which is about 10.3 percent higher than the state average. That might seem steep, but it's considered quite affordable, due to the city's history and overall accessibility.
Is Philly or NYC more expensive? ›
Cost of Living Comparison Between New York, NY and Philadelphia, PA. Do you live in New York? Add data for New York, NY! You would need around 6,835.2$ in Philadelphia, PA to maintain the same standard of life that you can have with 12,000.0$ in New York, NY (assuming you rent in both cities).
Is moving to Philly a good idea? ›
Moving to Philly? With affordable housing, ample job opportunities, incredible arts and culture, and highly-rated universities—The City of Brotherly Love has become a top destination for people who want to live on the East Coast. Here are 17 things to know about living in Philadelphia!