Average Rent in Philadelphia, DE↑ Rents rising 3.7% YoY

Philadelphia, DE has rental prices ranging from $1,372/month to $2,468/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,512/month — 8% above the national average of $1,400/month. With a median household income of $89,273/year, spending $1,512/month on a 1-bedroom represents 20% of gross income — within the recommended 30% threshold.

How Philadelphia Compares

With an average 2-bedroom rent of $1,802/month, Philadelphia ranks #1 most expensive of the 3 cities tracked in Delaware — pricier than 96% of all US cities in our data.

The Philadelphia Rental Market

The Philadelphia, DE area has a population of about 6,241,882 and 33% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Philadelphia, DE have risen by $65/month (3.7%) over the past year, from $1,737 to $1,802. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Philadelphia, DE without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $60,480. The local median household income of $89,273 exceeds that threshold by $28,793, making Philadelphia relatively accessible compared to local wages.

Is Philadelphia, DE Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Philadelphia?

Break-even analysis and mortgage estimates based on local market data.

Living in Philadelphia

Cost of living, job market, crime rates, and moving cost estimates.