Rental market snapshot for Hartranft, Philadelphia
Hartranft rental market summary
The rental market in Hartranft, Pennsylvania is showing signs of growth. In July 2023, there were 337 new listings, a significant increase from the previous month. The median rent in July 2023 was $1,600, a 3.0% decrease from the previous month and a 10.9% decrease from July 2022. This suggests that the rental market in Hartranft is becoming more affordable for renters.
Overall, the rental market in Hartranft is becoming more competitive as more listings become available. The decrease in median rent is also a positive sign for renters, as it indicates that the rental market is becoming more affordable. With more listings and lower prices, Hartranft is becoming an attractive option for renters looking for a new home.
Median rent for all residential properties in Hartranft
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The most expensive listings and top trending buildings in Hartranft
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 2057 N Franklin St | $4,825 | 4 / 2.5 |
| 1917 N 7th St | $2,500 | 4 / 4.0 |
| 2209-11 N Broad St | $2,500 | 3 / 3.0 |
| 2209 N Broad St | $2,500 | 3 / 3.0 |
| 1917 N 7th St | $2,400 | 4 / 4.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| OCF Realty | $1,315 |
| Odin Management | $1,211 |
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Bedroom Breakdown in Hartranft
Hartranft neighborhood apartments rents
The rental market for studios in Hartranft, Pennsylvania remains relatively stable in April 2023, with the median rent staying the same at $900 and no change in the number of new studio listings. This indicates that the rental market for studios in Hartranft is relatively steady and that there is no significant increase or decrease in demand for studio apartments.
The rental market for 1-bedroom apartments in Hartranft, Pennsylvania is showing signs of growth. In July 2023, there were 3 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,315, a 14.0% increase from the median rent in June 2023 of $1,154. 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 Hartranft, Pennsylvania is relatively stable. In July 2023, there were two new 2-bedroom listings, and the median rent for 2-bedroom apartments was $1,685, which is a 1.3% decrease from the median rent in June 2023. This suggests that the rental market is not experiencing any significant changes in the short-term.