Philadelphia, known as the City of Brotherly Love, has grown into a lively urban center. Its grid layout and green spaces make it perfect for city living. Are you looking for a 2 bedroom apartment in Philadelphia? You’re in the right place! This guide will help you find your ideal urban apartment.
The average rent for a 2 bedroom apartment in Philadelphia is about $2,439 per month. This is a great deal compared to other big cities. For example, a one-bedroom in Philly costs less than in Chicago or Washington DC. Plus, you get more room and flexibility with a second bedroom.
Looking for an apartment in Philadelphia is an exciting adventure. Each neighborhood has its own vibe, from historic charm to modern comforts. Whether you like trendy Fishtown or suburban Northeast Philadelphia, there’s a perfect spot for you. Ready to explore Philadelphia rentals? Let’s see what this amazing city offers!
Key Takeaways
- Philadelphia offers diverse neighborhoods for various lifestyles and budgets
- The average rent for a 2-bedroom apartment is $2,439 per month
- Philly rentals are more affordable compared to other major cities
- Many apartments feature unique amenities like high ceilings and large windows
- Consider factors like location, commute, and neighborhood safety when apartment hunting
Why Choose a 2 Bedroom Apartment in Philadelphia?
Philadelphia has many rental options for city lovers. A 2 bedroom apartment is great for those wanting space without spending too much.
Ideal for Various Lifestyles
2 bedroom apartments suit many lifestyles. They’re perfect for young professionals, small families, or roommates. With 900 sq ft, you get lots of room for comfort and privacy.
Also, 18% of these apartments allow pets. This is great news for animal owners looking for a home.
Flexibility and Space
2 bedroom apartments in Philadelphia offer flexibility. You can turn an extra room into a home office, guest room, or storage area. About 32% of these units have in-unit laundry, making life easier.
Cost-Effective Living
Choosing a 2 bedroom apartment can save money. The average rent is $1,750 per month, just a bit more than a 1 bedroom. This makes it affordable to share or have extra space.
For those watching their budget, 13% of rentals cost $1,000 or less per month. When looking at Philadelphia real estate, location is key. About 26% of rentals are in walkable areas, and 22% have great transit options. This makes 2 bedroom apartments a great choice for city living in Philadelphia.
Exploring Philadelphia’s Diverse Neighborhoods
Philadelphia is a city with many neighborhoods, each with its own special charm. You can find everything from busy city centers to peaceful residential areas. This historic city has something for everyone.
Rittenhouse Square is known for luxury living. It has upscale boutiques and fine dining, making it a top choice for those who want the best. On the other hand, Washington Square West, or the “Gayborhood,” is popular with the young crowd. It’s known for its lively nightlife and diverse community.
History lovers will enjoy Old City and Society Hill. These philadelphia neighborhoods have cobblestone streets and 18th-century buildings. They’re perfect for those who love a bit of history. Northern Liberties and Fishtown are great for artists and creatives, with their cool galleries and cafes.
If you prefer a quieter place, the Art Museum area might be for you. It has a relaxed feel but is still close to cultural spots. Graduate Hospital is also becoming popular, attracting young professionals and families.
For a neighborhood that’s easy to walk around, try Bella Vista or Queen Village. These areas have a cozy feel with beautiful row houses. They’re close to local shops and restaurants.
- Center city apartments provide easy access to business districts
- University City housing caters to students and academics
- Average rent for a 2-bedroom apartment: $2,359.33
- Most common amenities: Pet-friendly, in-unit laundry, parking
Finding your perfect neighborhood in Philadelphia is an exciting adventure. Whether you like the energy of center city apartments or the college vibe of university city housing, there’s a place for you here.
2 Bedroom Apartment Philadelphia: What to Look For
Finding the perfect 2 bedroom apartment in Philadelphia takes careful thought. With rental rates averaging $1,792 per month, it’s key to know what to look for. This ensures you find the right city dwelling for you.
Layout and Square Footage
When looking at apartments, focus on layouts that use space well. Philadelphia’s average price per square foot is $2. Look for apartments that offer lots of room without costing too much. Open floor plans can make a space feel bigger.
Amenities and Features
Philadelphia apartments come with many amenities to improve your living experience. Look for:
- In-unit washer and dryer
- Central air conditioning
- Updated kitchen appliances
- Hardwood floors
- Balcony or outdoor space
Location and Accessibility
Your apartment’s location is crucial. Use neighborhood guides to find the right area for you. Think about:
- Proximity to public transportation
- Walking distance to local amenities like grocery stores and restaurants
- Commute time to work or school
- Parking availability (if you own a car)
Rental prices vary by neighborhood. For example, Cobbs Creek is more affordable at around $1,313 per month. Fitler Square, however, has higher rents at about $2,286. Pick a location that fits your budget and meets your needs for local amenities and accessibility.
West Oak Lane: A Taste of Authentic Philadelphia
West Oak Lane offers a slice of genuine Philadelphia living. It has affordable housing and spacious living spaces. This makes it perfect for those wanting a mix of city and suburban life.
In West Oak Lane, you’ll find a mix of historic charm and modern conveniences. Many apartments are in buildings from the early 1900s. This gives residents a taste of Philadelphia’s rich history.
A typical 2-bedroom apartment in the neighborhood might offer:
- 900 square feet of living space
- Central air conditioning and heating
- Off-site and on-street parking options
- Proximity to public transportation and major thoroughfares
The rental market in West Oak Lane is competitive. Philadelphia rental properties often cost around $1,200 per month for a 2-bedroom unit. This makes it an attractive option for renters.
West Oak Lane’s appeal goes beyond its affordable housing. The area’s proximity to Temple University adds a vibrant energy. Residents enjoy easy access to local shops, restaurants, and green spaces. This creates a perfect blend of urban convenience and suburban comfort.
“West Oak Lane embodies the spirit of Philadelphia – diverse, welcoming, and full of opportunities for those seeking a place to call home.”
For those looking for spacious living in Philadelphia, West Oak Lane is a great choice. It offers authentic city life without the high cost.
West Philadelphia: Historic and Charmful Living
West Philadelphia is a mix of old charm and new life. It’s known for its historic appeal and attracts many people. Students and families love the Victorian homes and modern buildings here.
University City housing is a big deal in West Philadelphia. It’s close to universities, making it perfect for students and teachers. The rent for a 1-bedroom is $1,633, and for a 2-bedroom, it’s $2,520.
The area is easy to walk around, with high Walk Score ratings. This means you can easily find local shops and restaurants. Plus, public transport makes getting to Center City simple.
- 73% of rentals in the area are pet-friendly
- 36% of apartments offer in-unit laundry facilities
- 33% of rentals provide parking options
West Philadelphia has more than just good housing. It’s full of parks, local stores, and great places to eat. This mix of city life and community spirit makes it a favorite place to live in Philadelphia.
Fishtown and Northern Liberties: Trendy and Affordable
Fishtown and Northern Liberties are now popular with young professionals and artists. They offer trendy living spaces at affordable prices. The average rent here is between $1,320 for a studio and $3,700 for a 4-bedroom apartment, with a median of $2,087.
The lofts in Northern Liberties and the flats in Fishtown have a unique charm. They are perfect for different lifestyles. The area is known for its arts scene, craft breweries, and diverse dining options.
Pet owners will find many pet-friendly homes here. Many apartments welcome pets, but some may have weight limits. Always check with the landlord about pet policies.
Rent prices in Fishtown and Northern Liberties have shown some interesting trends:
- Studio rents decreased by 14.47% year-over-year
- 2-bedroom rents increased by 13.32% year-over-year
- 4-bedroom rents saw a significant 25.49% month-to-month increase
These neighborhoods are more affordable than some parts of Philadelphia. For example, Fitler Square averages $2,286 in rent. But, you can find great deals in Fishtown and Northern Liberties that fit various budgets and preferences.
Manayunk: A Blend of History and Modern Living
Manayunk is a mix of old charm and new life. It has many urban rentals, from old mills to new townhomes. The area’s unique look and friendly community stand out.
Unique Architectural Styles
Manayunk’s apartments show off different styles. Loft-style units have high ceilings and big windows. The Bell Collection has ceilings up to 11 feet.
The Heights Collection has 10 to 11-foot ceilings. Penthouse apartments in the Heights Collection are over 1,300 square feet. They have partial 20-foot ceilings in the living room.
Luxurious Living Spaces
The Roe at Manayunk is special with its 3-bedroom loft apartments. These units have upstairs bedrooms, private bathrooms, and walk-in closets. The building has 20 luxury townhome-style loft apartments.
It offers a fitness center, yoga space, and electric vehicle chargers.
Local Attractions
Main Street in Manayunk is full of life, with shops and restaurants. Outdoor lovers enjoy the Schuylkill River Trail nearby. The Manayunk Arts Festival is a big event that attracts many visitors.
Manayunk has great parking and is close to public transport. It’s the perfect mix of city life and small-town charm.
“Manayunk’s blend of historic architecture and modern amenities creates a truly unique living experience.”
Northeast Philadelphia: Suburban yet close to the city and I-95
Northeast Philadelphia is a mix of suburban life and city convenience. It has affordable rentals and big spaces, perfect for those who want both. It’s also close to I-95, making it easy to get to the city and other places.
This area has many 2-bedroom apartments for rent in Wissinoming. Wissinoming is a lovely part of Northeast Philadelphia. These apartments often have lots of parking, which is hard to find in the city center.
Living in Northeast Philadelphia has many perks. You’ll find:
- Many shopping centers
- Beautiful parks
- Great public transportation
Transportation is a big plus here. SEPTA’s buses cover almost every neighborhood. They run over 1,200 miles, making it easy to get around.
If you like biking, Northeast Philadelphia is great. The city has over 340 miles of bike lanes. This makes it perfect for those who love biking and want to live in a green area.
Lastly, Northeast Philadelphia is affordable. The average rent for a 2-bedroom apartment in Philadelphia is about $2,439. But, many neighborhoods in Northeast offer cheaper options without losing quality or space.
The Benefits of Choosing REDBLOCK Realty
Looking for apartments in Philly? Working with a reliable realty company is key. REDBLOCK Realty is a top pick for renters and property owners in Philadelphia.
REDBLOCK Realty has a strong track record and great reviews. They offer top-notch service in property management and rental help. Their wide range of listings meets different needs and budgets.
Here are some reasons to choose REDBLOCK Realty:
- They have a vast selection of rentals, including affordable options like a $900 one-bedroom condo with 960 square feet.
- They provide clear pricing, showing all fees and what you’re responsible for.
- They offer flexible lease terms, from 12 to 24 months.
- They keep you updated on the market, like the average rent for a 2-bedroom in Philadelphia.
REDBLOCK Realty does more than just help you find a place. They give you the lowdown on neighborhood amenities, schools, and pet policies. This helps you make a smart choice for your new home.
Ready to find your dream apartment? Contact REDBLOCK Realty at redblock.com or call 215-331-5252. Their team is eager to help you find your perfect home in Philadelphia.
Tips for a Successful Apartment Hunt in Philadelphia
Looking for an apartment in Philadelphia can be both fun and tough. Follow these tips to find your ideal home in the city.
Set Your Budget
First, decide how much you can spend on rent. It should be no more than one-third of your monthly income. Landlords usually want to see that you make at least three times the rent each month.
Don’t forget about extra costs. You’ll need to pay application fees, which are usually $50-$74. Also, consider renters insurance, which costs about $15-$30 a month.
Consider Your Commute
Philadelphia has many neighborhoods, each with its own vibe. Think about how far you’ll need to travel to work. A place close to your job can make your life easier.
Research Neighborhood Safety
When searching for an apartment, safety is important. Look up crime rates online and talk to people who live there. This will help you feel safe in your new place.
Remember, your credit score matters when applying for an apartment. Scores between 690 and 719 are considered good. If your score is lower, you might need to provide extra proof of who you are, like letters from work or school.
Begin looking for apartments 1-2 months before you plan to move. This gives you time to find the right place and get all the paperwork done. In busy areas, be ready to apply fast and have everything you need.
“Preparation is key in the Philadelphia rental market. Having a clear budget, understanding your needs, and being ready with all necessary documents can make your apartment hunt smoother and more successful.”
Understanding Philadelphia’s Rental Market
The Philadelphia housing market has a wide range of options for renters. You can find everything from high-rise buildings to cozy brownstones. Rent prices have gone up by 0.6% since last year, as of March 2024.
Rent prices change based on the size of the apartment and where it’s located. Here’s what you might pay:
- Studio apartment: $1,579 per month
- 1-bedroom apartment: $1,960 per month
- 2-bedroom apartment: $2,439 per month
- 3-bedroom apartment: $3,195 per month
Even with these increases, Philadelphia is still more affordable than many other big cities. For example, a one-bedroom in New York City costs $4,412 a month. In Washington DC and Chicago, it’s $2,500 and $2,335, respectively.
The rental market in Philadelphia has its own rules. Landlords must give tenants a Certificate of Rental Suitability within 60 days. They also have to follow the Renters Access Act when checking potential tenants.
If you’re looking for affordable housing, Philadelphia has many options. For instance, in West Oak Lane, you can find one-bedroom apartments for as little as $900 a month. The city is working to keep prices fair and stop any price-fixing in the rental market.
Conclusion
Philadelphia’s urban apartments have something for everyone. You can find a 2 bedroom apartment in historic West Philadelphia or trendy Fishtown. Each area adds its own special touch to city living.
The real estate in Philadelphia is lively and easy to get into. With a median sold price of $260.3K and homes selling in 46 days on average, it’s a fast-paced market.
Looking at rentals in Philadelphia? Check out 2001 Hamilton St Unit 1625, priced at $309,000. It’s at the high end, with a price $48.6K above the median. It also offers more space for your money, with $149 more per square foot than usual.
Many 2 bedroom apartments in Philadelphia come with comforts like hardwood floors, gas heating, and radiant cooling. These features make your home cozy and efficient.
The rental market in Philadelphia has something for everyone, no matter your budget. Security deposits for single-family homes average around $3,300. It’s important to plan your finances well.
Remember, Philadelphia’s rental market is competitive. Properties usually sell in just over a month. This shows how fast the market moves.
Working with top-rated realty services can help you find your perfect 2 bedroom apartment. With a 98% customer satisfaction rate based on 311 reviews, you’re in good hands. Whether you’re buying, selling, or investing, the right guidance is key.
