furnished apartments for rent near Philadelphia, PA - craigslist (2024)

FAQs

Is Philadelphia expensive to rent? ›

As of July 2024, the average rent in Philadelphia, PA is $1,698 per month. For comparison, the national average rent price in the US is currently $1,535/month, which means Philadelphia rent prices are 11% higher than the national average.

What does a furnished apartment include? Most furnished apartments, regardless of the type, include basics such as a bed, couch, dining room table, refrigerator, and stove. If your apartment has an in-unit washer and dryer, you may also find a laundry basket and cleaning supplies like a vacuum, iron, and broom.

Rent Philly is a Condo Shops (TCS) Rental Portal. We are the largest purveyor of the finest apartment and condominium rentals in the Philadelphia Area.

The average rent for apartments in Philadelphia, PA, is between $1,330 and $2,122 in 2024. For a studio apartment in Philadelphia, PA, the average rent is $1,330. When it comes to 1-bedroom apartments, the average rent in Philadelphia, PA, is $1,847. For a 2-bedroom apartment, the average rent is $2,122.

How much does a single person need to make to live comfortably in Philadelphia? The SmartAsset study found a single person in Philadelphia would need to make a salary of $92,726 per year, pre-tax, to live comfortably in the city. That breaks down to an hourly wage of $44.58.

The minimum wage in Pennsylvania is $7.25 per hour.

A fully furnished rental property generally includes all white goods (cooker, fridge freezer, washing machine) and basic furniture (sofa, dining table and chairs, beds, wardrobes, etc.). Usually, those looking for furnished rental properties expect these items – at the minimum.

A fully furnished apartment is a type of rental property that comes equipped with all the necessary furniture and appliances needed for a comfortable living experience. It includes everything from beds, sofas, and chairs to kitchen utensils, electrical appliances, and linens.

Unlike a fully furnished rental house, a partially furnished one leaves some of the furnishing decisions to the tenant. It provides the basics, allowing the tenant to add personal touches to their furniture and decor.

What is the average salary in Philadelphia? ›

The median salary in Philadelphia, PA is $64,006, with 80% of salaries falling between $28,754 and $147,900. Salaries in Philadelphia, PA are generally above the national average.

“Affordability” can feel very subjective. But there is a real definition: The Department of Housing and Urban Development (HUD) standard for being affordable calls for your spending no more than 30% of your income to pay for your rent or mortgage, utilities, and other housing costs.

Rents are expected to climb in 2024, but at a more moderate pace than the frenzied increases of recent years. Analysts predict a 3-4% increase, slightly higher than the national average but reflecting Philadelphia's continued attractiveness and limited housing supply.

In short - The state of Pennsylvania does not provide a limit to rent increases.

Based on all homes sold in the last 12 months. Homes in Philadelphia have sold for 0.5% less than they did a year ago. Summary: The median home sold price in Philadelphia was $258,887 in June 2024, down 0.5% from last year, and the median price per square foot was $196.

A: Philly's cost of living index comes in at 104.3, which might be higher than the national index of 100, but it's much lower than other cities in the Northeast and New England.

Housing Costs:

Comparing median home prices for a standard 3BR, 2BA residence further highlights the Philadelphia vs New York cost of living disparity: Philadelphia, PA homes average $340,067, in contrast to New York (Manhattan), NY's staggering $843,275. .

A: Yes, it's definitely worth moving to Philly. Especially if living in a city rich with culture, entertainment, and history is important to you. And with a cost of living significantly lower than Boston, New York, and D.C., Philly is pretty darn affordable for a big city in the Northeast.