The Ledger Residences
150 S Independence Mall W,
Philadelphia, PA 19106
$1,750 - $4,295
Studio - 3 Beds
Old City
Philadelphia, PA
Old City - Philadelphia, PA Area Guide
America's most historic square mile
Historic
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Monuments
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Walkable
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Riverfront
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Museums
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Culture
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Art
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Americana
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It's the birthplace of the United States. It's a World Heritage City, the first in the country. It's Philadelphia's Old City, and it isn't just for tourists. This terrific neighborhood still features cobblestone streets, and the landmarks are amazing: Independence Hall, the Liberty Bell, Penn's Landing, the Benjamin Franklin Bridge, and the Betsy Ross House. Elfreth's Alley is the oldest residential street in the nation, dating back to 1702. The museums are also impressive: the Museum of the American Revolution, the National Museum of American Jewish History, the Benjamin Franklin Museum, and the Independence Seaport Museum.
But while you'll have endless destinations to take out-of-town visitors, living in Old City provides a wealth of charm, walkable streets, terrific shops and restaurants, and an outstanding farmer's market. The neighborhood is bicycle-friendly, and bicycle rentals are available at Indego stations. Residents get to select from a variety of living options, ranging from elegant, historic row houses and industrial lofts to modern apartment communities and condos. On weekends, be sure to head to the Race Street Pier for a relaxing waterfront picnic, see the views from the grand sky promenade, or attend a morning yoga session.
Explore the Neighborhood
Beautiful Elfreth's Alley is a National Historic Landmark
The iconic Liberty Bell was cast in 1752
Carpenter's Hall, built in 1770, served as a meeting place for the First Continental Congress
The Ben Franklin Bridge was dedicated in 1926
Rent Trends
As of March 2026, the average apartment rent in Old City is $1,519 for a studio, $2,050 for one bedroom, $3,069 for two bedrooms, and $5,233 for three bedrooms. Apartment rent in Old City has increased by 0.3% in the past year.
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Studio
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505 sq ft
Average Sq Ft
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$1,519/month
Average Rent
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1 BR
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726 sq ft
Average Sq Ft
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$2,050/month
Average Rent
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2 BR
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1,087 sq ft
Average Sq Ft
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$3,069/month
Average Rent
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3 BR
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1,822 sq ft
Average Sq Ft
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$5,233/month
Average Rent
Transportation
98
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
97
Rider's Paradise
out of 100 TransitScore® Rating
Living in this area is considered a rider’s paradise, with world-class transportation.
86
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Points of Interest
Parks and Recreation
- Great Egg Harbor River
- Lower Delaware National Wild and Scenic River
- Independence National Historical Park
- Independence Seaport Museum
- Thaddeus Kosciuszko National Memorial
Transit / Subway
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.