Rental market snapshot for Grays Ferry, Philadelphia
Grays Ferry rental market summary
The rental market in Grays Ferry, Pennsylvania is showing signs of growth. In July of 2023, there were 80 new listings, indicating that the rental market is expanding. The median rent in July of 2023 was $1,575, a 1.6% increase from the previous month and a 1.3% increase from the same time last year. This suggests that the rental market is becoming more competitive and that prices are increasing.
Overall, the rental market in Grays Ferry, Pennsylvania is healthy and growing. The number of new listings is increasing, and the median rent is rising. This indicates that the rental market is becoming more competitive and that prices are on the rise. As such, renters should be prepared to pay more for their rental units in the near future.
Median rent for all residential properties in Grays Ferry
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The most expensive listings and top trending buildings in Grays Ferry
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
1425 S Patton St | $2,800 | 4 / 2.0 |
1338 S 31st St | $2,790 | 4 / 3.5 |
1519 S Dover St | $2,453 | 3 / 1.0 |
2211 Cantrell St | $2,300 | 2 / 1.5 |
1511 S Etting St | $2,150 | 3 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Odin Management | $1,526 |
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Bedroom Breakdown in Grays Ferry
Grays Ferry neighborhood apartments rents
The rental market for studios in Grays Ferry, Pennsylvania appears to be relatively stable, with only two new listings in March 2023 and a median rent of $1,216. Unfortunately, no data is available for February 2023, so it is not possible to determine the percent change in rent from that month. Overall, the rental market for studios in Grays Ferry appears to be relatively steady.
The rental market for 1-bedroom apartments in Grays Ferry, Pennsylvania is showing signs of growth. In June 2023, there were two new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in June 2023 was $1,393, a 14.8% increase from the median rent in May 2023 of $1,213. This suggests that the rental market is becoming more competitive, with landlords able to increase their prices due to the increased demand.
The rental market for 2-bedroom apartments in Grays Ferry, Pennsylvania in July 2023 is relatively stable. There was only one new listing in July, and the median rent remained the same as it was in June at $1,719. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.