Apartments for Rent in Center City East, Philadelphia, PA

Center City East, Philadelphia apartment availability

Center City East's rental market offers a very strong selection of listings, with nearly 494 rentals available on average each month. The majority of these listings are 1-bedroom apartments, followed closely by 2-bedroom and studio apartments. Many of these rentals come with desirable amenities, including air conditioning, in-unit laundry, and access to a fitness center. In fact, over 75% of apartments in Center City East offer air conditioning, while around 64% provide in-unit laundry and 60% have a fitness center. This neighborhood's diverse range of rentals and amenities make it an attractive option for renters looking for a convenient and comfortable living experience in Philadelphia.

Center City East, Philadelphia rental market trends

The Center City East rental market in Philadelphia experienced a decline in average rent prices over the past year, with an 8.3% decrease to $2,046 per month. Breaking it down by bedroom count, 1-bedrooms averaged $1,937 per month, a decrease of 8.7% from the previous year. 2-bedrooms saw a more significant decline of 13% to $2,558 per month, while studios decreased by 13.2% to $1,425 per month. Conversely, 3-bedrooms experienced a substantial increase of 35.1% to $4,392 per month.

The rental market in Center City East tends to fluctuate throughout the year, with May typically seeing the highest rent prices, 13.3% higher than the lowest month, November. If you're searching for a new apartment, November may be a good time to find a deal. On the other hand, if you're looking to rent out a property, May is likely to be the most lucrative month. Keep in mind that these trends can help inform your decision, whether you're a renter or a landlord.

Center City East, Philadelphia architectural style

Center City East, Philadelphia, is a haven for those who appreciate modern living. The neighborhood's architectural landscape is characterized by an abundance of contemporary buildings, which make up approximately 83% of the area's properties. This prevalence of contemporary architecture gives the neighborhood a sleek, modern aesthetic, making it an attractive option for renters seeking a stylish and up-to-date living space. The area's focus on modern design creates a cohesive and sophisticated atmosphere, perfect for those who value the latest architectural trends. Architectural style in Center City East,Philadelphia is representative of a subset of listings available on Zumper over the last few years.

Why Center City East, Philadelphia is a great place to live

Center City East is a hub for renters who prioritize social life and fitness wellness. With a plethora of restaurants, entertainment venues, and convenient transit options, this neighborhood is perfect for those who crave an active social scene. Additionally, the area's focus on safety and well-maintained street infrastructure adds to its appeal. For fitness enthusiasts, Center City East offers a range of amenities, including onsite gym equipment, health and wellness events, and access to fitness centers and gyms. The presence of farmers' markets, health food stores, and buildings with soundproofing, low VOC materials, and modern HVAC systems further support a wellness-oriented lifestyle. If you're looking for a neighborhood that balances social excitement with healthy living, Center City East is an excellent choice.