The Ledger Residences
150 S Independence Mall W,
Philadelphia, PA 19106
$1,700 - $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 April 2026, the average apartment rent in Old City is $1,543 for a studio, $2,079 for one bedroom, $3,120 for two bedrooms, and $5,138 for three bedrooms. Apartment rent in Old City has decreased by -1.1% in the past year.
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Studio
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490 sq ft
Average Sq Ft
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$1,543/month
Average Rent
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1 BR
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730 sq ft
Average Sq Ft
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$2,079/month
Average Rent
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2 BR
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1,086 sq ft
Average Sq Ft
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$3,120/month
Average Rent
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3 BR
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1,822 sq ft
Average Sq Ft
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$5,138/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Old City - Philadelphia, PA is for everyday living.
Exceptionally Walkable
Walkability
100
/ 100
Exceptional Public Transit
Transit
100
/ 100
Very Drivable
Drivability
80
/ 100
Moderately Bikeable
Bikeability
60
/ 100
Daily Essentials
In Old City - Philadelphia, PA, daily errands are quick and hassle-free.
Supermarket Within a 5 Minute Walk
Groceries
100
/ 100
Exceptional Restaurant Variety Nearby
Restaurants
100
/ 100
Exceptional Café Variety Nearby
Cafes
90
/ 100
Exceptional Variety of Shops Nearby
Shopping
100
/ 100
Recreation
Old City - Philadelphia, PA provides ample green space and fitness centers within easy reach.
Exceptional Amount of Park Space Nearby
Parks
100
/ 100
Exceptional Wellness Amenity Variety Nearby
Wellness
100
/ 100
Local Vibe
Get a sense of what it’s like to live in Old City - Philadelphia, PA from everyday activity to noise and nightlife.
Exceptionally Vibrant Atmosphere
Vibrancy
90
/ 100
Exceptional Nightlife Variety Nearby
Nightlife
100
/ 100
Scores provided by
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.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.