Park Terrace Apartments
8040 Rowland Ave,
Philadelphia, PA 19136
$1,185 - $1,775
1-2 Beds
Holmesburg
Philadelphia, PA
Holmesburg - Philadelphia, PA Area Guide
Niche Reviews 
A glimpse of pastoral living near Downtown Philly
Great Location
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River
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Urban
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Community
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Public Transportation
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Located just 10 miles northeast of Downtown Philadelphia, Holmesburg blends urban living with natural beauty. Nestled along the Delaware River, Holmesburg has several waterfront parks. Along with being home to the Philadelphia Insectarium and Butterfly Pavilion, Holmesburg is located just south of Pennypack Park, a popular park for fishing and biking. There are several restaurants and shops in the neighborhood but Holmesburg is also just five miles away from Philly Mills, a popular outlet mall. There are rental options for every style and budget. Home types in this area include single-family and apartment rentals. There are several bus stops and a rail station in Holmesburg, allowing residents to easily travel throughout Philly.
Rent Trends
As of March 2026, the average apartment rent in Holmesburg is $864 for a studio, $1,177 for one bedroom, $1,351 for two bedrooms, and $862 for three bedrooms. Apartment rent in Holmesburg has increased by 0.3% in the past year.
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Studio
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590 sq ft
Average Sq Ft
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$864/month
Average Rent
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1 BR
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580 sq ft
Average Sq Ft
-
$1,177/month
Average Rent
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2 BR
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892 sq ft
Average Sq Ft
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$1,351/month
Average Rent
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3 BR
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800 sq ft
Average Sq Ft
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$862/month
Average Rent
Transportation
69
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
51
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
62
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Reviews of Holmesburg - Philadelphia, PA
Niche Reviews
43 Reviews
Current Resident
1 years and 4 months ago•Niche Review
I've noticed people don't come to a complete stop at stop signs. They hardly slow down for them. The neighbors wave and speak with you.
Current Resident
1 years and 11 months ago•Niche Review
I have lived here all my life and have seen numerous neighbors come and go of all kinds. In all 20 years of my life the only crazy thing that happened was a bad car accident which could happen anywhere. I love my neighborhood!
Current Resident
7 years and 8 months ago•Niche Review
A quiet neighborhood in Northeast Philadelphia. Plenty of places to go out for dinner or drinks (Dagwoods, the Ashburner). Easy access to 95. Close proximity to Pennypack Park and the Delaware Waterfront. I've lived year for several years and have never felt unsafe. I would definitely move here again.
Niche User
9 years and 10 months ago•Niche Review
The area I live in is an overall great place. I have had no complaints. It is very quiet and has a very friend atmosphere. We are a helpfully community.
Points of Interest
Parks and Recreation
- Insectarium
- Pennypack Park
- Palmyra Cove Nature Park and Environmental Discovery Center
- Tacony Creek Park
- Amico Island Park
Transit / Subway
Commuter Rail
Military Bases
Airports
- Philadelphia International
- Trenton Mercer
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.