1213 Walnut
1213 Walnut St,
Philadelphia, PA 19107
$2,410 - $5,474
Studio - 2 Beds
One of America’s largest private research universities, Drexel University affords students the opportunity to gain professional experience and explore potential careers before graduation through their world-renowned co-op program. Students engaging in the co-op program alternate six-month intervals of full-time study with full-time, paid work. Founded in 1891, Drexel boasts top-rated academic programs as well as NCAA Division I athletics, with the Drexel Dragons participating in the Colonial Athletic Association. Drexel’s main campus is located in Philadelphia’s vibrant University City neighborhood. University City is home to a bustling community and plenty of apartments available for rent. Several nearby neighborhoods are within walking distance of campus and easily accessible by public transportation, including Rittenhouse Square, Center City, and Parkway-Museum District. In addition to Philadelphia’s many amenities, Drexel is home to more than 300 student organizations and clubs as well as annual events such as Fall Fest, a dynamic on-campus concert. Chances are you’ll never run out of things to do around Drexel.
As of March 2026, the average apartment rent in Philadelphia, PA is $1,413 for a studio, $1,747 for one bedroom, $2,188 for two bedrooms, and $2,970 for three bedrooms. Apartment rent in Philadelphia has increased by 0.6% in the past year.
Studio
455 sq ft
Average Sq Ft
$1,413/month
Average Rent
1 BR
666 sq ft
Average Sq Ft
$1,747/month
Average Rent
2 BR
963 sq ft
Average Sq Ft
$2,188/month
Average Rent
3 BR
1,320 sq ft
Average Sq Ft
$2,970/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Drexel University University City Main Campus - Philadelphia, PA (University) is for everyday living.
Very Walkable
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Excellent Transit
You’ll have excellent transit living in this area, with several nearby transit stops.
Very Bikeable
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Public
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698 Students
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Folk Arts-Cultural Treasures Cs
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Masterman Julia R Secondary School
Public
Grades K-12
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Grades 9-12
Girard Academic Music Program (GAMP)
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Franklin Towne Charter High School
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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.