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 $1,699 per month. For comparison, the national average rent price in the US is currently $1,533/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.

It found that a single Philadelphia resident needs to make $92,726 yearly to live comfortably, which breaks down to a $44.58 hourly wage. For a pair of working adults with two children, the study found that a comfortable household income is a whopping $231,379 in Philadelphia.

The biggest factor is that Philadelphia does not have the authority to create its own minimum wage, one that could appropriately reflect the city's cost of living. Pennsylvania does not allow local governments to raise the minimum wage above the state level of $7.25 an hour.

Conclusion: Fully Furnished Units

While it can be convenient, cost-effective, and flexible, it can also be limiting, more expensive, and may lack personalization. Ultimately, the decision to rent a fully-furnished apartment comes down to your personal needs and preferences.

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.

Choosing a furnished apartment not only simplifies the moving process but also enhances your overall living experience. The convenience, comfort, and cost-efficiency make it a smart and practical choice for those looking for a hassle-free lifestyle.

Affordable housing is generally private housing for lower- to moderate-income tenants that costs no more than 30% of their income. Public or subsidized housing is housing that is owned and operated or paid for by the government.

In order to evict a tenant in Philadelphia, a landlord is required to give the tenant a written notice. If the tenant has a written lease, there may be a clause in the lease stating precisely how much notice is required.

How much should you spend on rent? ›

So, how much should you spend on rent? Generally, experts recommend spending no more than 30% of monthly pre-tax income on housing. However, it's not always that simple. According to the U.S. Census Bureau, between 2017 and 2021, over 40% of renter households (19 million) spent more than 30% of their income on rent.

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.

It's expensive to live in NYC — 37 percent more expensive than Philly, in fact! Because it's New York, everything from entertainment, transportation, utilities, and food costs more than in Philadelphia (no surprise there, huh?). That means if you make the move, your money will go a lot further than it would in NYC.

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.

Philadelphia stands out as an excellent place to buy investment property for several reasons. The city's stable job market, diverse economy, and growing population create a consistent demand for housing.