There’s been a lot of talk about Philly’s booming housing market, both here at Curbed Philly and nationally. A recent New York Times article highlighted Philly’s developers, who continue to lure buyers to the city despite talks of an overabundance of housing. And countless reports have highlighted how Center City is currently the epicenter of Philly’s residential building boom.
But all this talk of the city’s growing rental market is heavily focused on the upper-end of the spectrum: A 2016 report found that high-end construction made up 70 percent of Philly’s rental market, which, it goes without saying is bad news for renters; a majority of renters in Philly are cost-burdened, paying more than 30 percent of their salary on monthly rent.
And while we get regular reports from apartment search sites on a monthly basis, there’s less data available from years past. So we want to know: How much was the rent at your first apartment? And how much are you paying now (regardless if you are still renting or now owning)? Have you been in the same neighborhood? Be sure to include details on the number of bedrooms and bathrooms and the general location.
Sound off in the comments!
- The state of Philly’s rental market, in five charts [Curbed Philly]