Philadelphia Neighborhood Report

Rittenhouse (19103) Rental Market

Current rental rates, license data, and sales trends for Rittenhouse, Philadelphia.

Median Rents by Bedroom

1 Bedroom

$1,830

Range: $1,464 – $2,379

15 samples

2 Bedroom

$2,230

Range: $1,784 – $2,899

15 samples

3 Bedroom

$2,630

Range: $2,104 – $3,419

15 samples

Market Indicators

Active Rental Licenses

2,029

Philadelphia L&I registered rentals in 19103

Recent Sales (6 months)

68

Median sale price: $927,500

Quick Investment Metrics

Gross Rent Multiplier

34.7x

Median price / annual 2BR rent

Price-to-Rent Ratio

416:1

Median price / monthly 2BR rent

Full Market Intelligence

Rental Comps (with photos)

12

License Density Trend

+3.2%

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