Rent Watch: Philly’s 3 Most Expensive ‘Hoods for a 1-Bedroom Apartment
It’s the middle of the summer and chances are good that you might be looking for a new place to live. We have a map that is going to be quite handy for you when it comes to figuring out that delicate balance of where you want to live, and then what you can actually afford.
Rental site Zumper recently compiled a list of the median 1-bedroom monthly rental rates for each pocket of the city. It’s all boiled down into this handy color-coded map that will give you an idea of where the action is and how much it’s going to cost you.
At $1,850/month, Logan Square edges out what Zumper identifies as Center City West’s $1,810/month for the most expensive area for a 1-bedroom rental in the city. Third place goes to University City and its roughly $1,780/month average. The traditional core of Center City looks to range from $1,400/month to $1,850/month and, unsurprisingly, the $1,620/month rents in NoLibs and Fishtown are in the top five in the city.
Lots of rentals have either come on line or are in the works along North Broad Street, and its $1,620/month rents are outpacing those in Center City East.
The map shows that rents in areas like Callowhill, East Passyunk, Point Breeze and Brewerytown are still among the best deals in the city, considering they’re all easily accessible via public transit/bicycle and offer terrific neighborhood amenities.
Philly’s $1,350 monthly rent for a 1-bedroom doesn’t even crack the top 10 nationally, and is miles behind the whopping $3,500/month (and above) rents they’re seeing in San Francisco.