5 Most Affordable Neighborhoods in Philadelphia, PA
Moving to Philadelphia on a budget? Get the most for your money with this comprehensive guide.
Nestled along the banks of the Delaware River near the Pennsylvania-New Jersey state line, the historic city of Philadelphia played a major role in the fight for independence, even serving as the nation’s capital for a brief period. Today, Philly’s rich history blends seamlessly with its modern, progressive spirit, forming a one-of-a-kind urban experience. As one of the nation’s largest cities, you’ll discover a variety of bustling businesses, such as the Philadelphia Stock Exchange, the country’s oldest stock exchange.
The University of Pennsylvania, the Philadelphia International Airport, and a multitude of historical landmarks and tourist attractions reside in this urban oasis. Admire the historic Liberty Bell, explore the Philadelphia Museum of Art, and take a trip to the famous Philadelphia Zoo. Enjoy the waterfront at Franklin D. Roosevelt Park, snap a picture at the Magic Gardens, or soak in the unique identities of the varied neighborhoods of the city.
Residents and visitors alike cheer on the NFL’s Philadelphia Eagles, the MLB’s Philadelphia Phillies, and the NHL’s Philadelphia Flyers at their prospective fields, stadiums, and rinks for a true Philly sports experience. Both luxury apartments and charming condos are available for rent in this bustling city. Explore the city’s history, visit its great attractions, and enjoy your spectacular new home in Philadelphia, Pennsylvania.
Independence Hall is the birthplace of the Constitution and the Declaration of Independence
Evening in Philly
Schuylkill River
The Liberty Bell
As of October 2025, the average apartment rent in Philadelphia, PA is $1,388 for a studio, $1,729 for one bedroom, $2,181 for two bedrooms, and $3,037 for three bedrooms. Apartment rent in Philadelphia has increased by 1.0% in the past year.
The cost of living in Philadelphia, PA is 3.9% higher than the national average. Generally, housing in Philadelphia is 0.9% more expensive than the national average, with rent falling between $1,388 - $3,037. You can expect to pay 3.9% more for groceries, 6.5% more for utilities, and 4.7% more for transportation.
Moving to Philadelphia on a budget? Get the most for your money with this comprehensive guide.
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Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Excellent Transit
out of 100 TransitScore® Rating
You’ll have excellent transit living in this area, with several nearby transit stops.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Masterman Julia R Secondary School
Public
Grades 5-12
1,186 Students
Public
Grades K-8
579 Students
Public
Grades K-8
683 Students
Public
Grades K-8
628 Students
Girard Academic Music Program (GAMP)
Public
Grades 5-12
579 Students
Masterman Julia R Secondary School
Public
Grades 5-12
1,186 Students
Public
Grades K-8
579 Students
Public
Grades 7-8
698 Students
Public
Grades K-8
683 Students
Public
Grades K-8
628 Students
Public
Grades 9-12
2,364 Students
Masterman Julia R Secondary School
Public
Grades 5-12
1,186 Students
Public
Grades 9-12
1,179 Students
Girard Academic Music Program (GAMP)
Public
Grades 5-12
579 Students
Public
Grades 9-12
436 Students
3,410
Communities
944,355
Units
869
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58
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9,612
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30
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30
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6,426
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11
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53
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7,799
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21
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39
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8,316
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20
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16
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2,609
Units
1
City
† 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 September 2025.