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Two-bedroom rents in Philadelphia increased in February: Report

One-bedroom rents flat

The median rent for a two-bedroom apartment in Philadelphia increased 4 percent during February, to $1,560 a month, according to a new analysis from real estate listings site Zumper.

Meanwhile, the median for one-bedroom apartments in the city remained flat through February into March at $1,400. Both the one- and two-bedroom medians were up slightly year over year.

Zumper’s analyses cull from vacant or available apartments, so they serve as pretty solid snapshots of the market right now.

The Philadelphia medians mean that the city is among the 20 most expensive nationwide for renting either size apartment. But they also mean that Philly is among the cheapest along the Northeast corridor.

The one-bedroom median in Boston, for instance, is $2,300. And the two-bedroom median in D.C. is $2,810. See the chart below for more detail.