Rental market snapshot for North Central, Philadelphia
North Central rental market summary
The rental market in North Central, Pennsylvania is showing signs of growth. In July 2023, there were 1,572 new listings, a significant increase from the previous month. This indicates that more people are looking to rent in the area. The median rent in July 2023 was $1,320, a 17.0% decrease from the previous month and a 14.8% decrease from the same time last year. This suggests that rental prices are becoming more affordable for potential tenants.
Overall, the rental market in North Central, Pennsylvania is becoming more attractive to potential tenants. With more new listings and lower rental prices, it is becoming easier for people to find a place to rent in the area. This is good news for landlords and tenants alike, as it means that more people can find a place to live that is within their budget.
Median rent for all residential properties in North Central
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The most expensive listings and top trending buildings in North Central
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
1330 N 15th St | $4,500 | 6 / 6.5 |
1844 N Gratz St | $4,410 | 6 / 6.0 |
1802 N Bouvier St | $3,725 | 5 / 3.0 |
1831 N Bouvier St | $3,725 | 5 / 3.0 |
1408 Willington St | $3,500 | 5 / 3.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Stonehenge | $1,501 |
KH Management LLC | $1,440 |
E & M Property Group LLC | $1,399 |
Skye Management | $1,393 |
Loonstyn Properties Inc. | $1,275 |
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Bedroom Breakdown in North Central
North Central neighborhood apartments rents
The rental market for studios in North Central, Pennsylvania is showing signs of growth. In July 2023, there were two new studio listings, which is an increase from the previous month. The median rent for studios in July 2023 was $1,064, which is a 12.8% increase from the median rent in June 2023 of $943. This indicates that the rental market for studios in North Central, Pennsylvania is on the rise and is becoming more competitive.
The rental market for 1-bedroom apartments in North Central, Pennsylvania is showing signs of growth. In July 2023, there were 22 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,440, a 6.5% decrease from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 1-bedroom apartments in North Central, Pennsylvania appears to be on the rise.
The rental market for 2-bedroom apartments in North Central, Pennsylvania is showing signs of growth. In July 2023, there were 11 new 2-bedroom listings, which is a 6.9% increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $1,628, which is 6.9% lower than the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants.