Property Prices in Philadelphia, PA, United States

Index Info
Price to Income Ratio: 3.32
Mortgage as Percentage of Income: 30.10%
Loan Affordability Index: 3.32
Price to Rent Ratio - City Centre: 8.81
Price to Rent Ratio - Outside of Centre: 8.33
Gross Rental Yield (City Centre): 11.35%
Gross Rental Yield (Outside of Centre): 12.01%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,770.08 $ 1,400.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,351.54 $ 1,000.00-1,900.00
Apartment (3 bedrooms) in City Centre 3,160.00 $ 2,400.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 2,246.11 $ 1,800.00-3,500.00
Buy Apartment Price
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Price per Square Meter to Buy Apartment in City Centre 3,390.80 $ 2,533.00-4,305.56
Price per Square Meter to Buy Apartment Outside of Centre 2,371.35 $ 2,152.78-2,583.34
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,340.28 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.67 6.19-7.00

These data are based on 217 entries from 38 contributors over the past 18 months.
Last update: 24 June 2025

Sources and References
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