The barometer may be rising, but this summer, Philadelphia maintained its position as rental website Zumper's 12th most expensive market in the country. Rent prices remained steady with a one-bedroom median of $1,350 and two-bedroom median of $1,400.
Zumper's monthly reports tally the median asking rents for all the listings on Zumper's site during the prior month—meaning they're not a measure of what all Philadelphians are paying, but they do give a snapshot of the prices apartment hunters who went looking during the month of June were seeing. Last month's dataset was comprised of 2,700 one bedroom units, with 9,000 total data points.
Unsurprisingly, the most expensive areas to rent this summer included Zumper's "Center City West" area (this includes the Rittenhouse and Fitler Square neighborhoods), where the median rent was $1,810; Logan Square, whose median rent topped $1,850 a month; and University City at $1,780.
· Mapping the Median Rent of a One Bedroom in Philadelphia [Curbed Philly]
· Zumper Philadelphia