Rental Report: Philadelphia Holds at 16th Most Expensive City for Renters

The national picture for renters improved ever so slightly in August, according to data gathered by the apartment tracking website Zumper.

The median nationwide fell 0.1 percent to $1,208 for a one-bedroom apartment, while the same figure for a two-bedroom apartment grew 0.3 percent to $1,446. Things look about the same for local renters.

In Philadelphia, the price for a one-bedroom apartment remained at $1,500 per month. Two-bedroom rates also remained flat at $1,700. Those figures make Philadelphia the 16th most expensive city for renters in the country.

Surprising no one, San Francisco remains at the top of the national heap, with the median rent for a one-bedroom unit sitting at $3,500 a month. New York follows at $2,900 and San Jose is in third, with monthly rentals there typically around $2,550.

Big moves up and down on the list for August include Denver (up five spots to tie with Philadelphia), Fort Worth, Texas, (up six spots), and Providence, Rhode Island (down four spots) and New Orleans (down two spots).

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