Buy Vs. Rent in Philadelphia

ask yourself:  how long will i live here?

The Spring real estate market is almost here which means many renters in Philadelphia are trying to figure out if they are going to extend their lease, find a new place or buy a home.  Trulia put together a clever interactive map that delves into the buy vs. rent dilemma by breaking down mortgage rates, tax bracket & how long you will stay in the home.  Philadelphia buyers fare well in as little as 3 years according to Trulia.  After 3 years it is 25% cheaper to buy, after 5 years it is 40% cheaper to buy & after 7 years it is 46% cheaper to buy than it is to rent in Philadelphia.   The national average is 38% after 7 years.  Check out the map for yourself.  You may also want to check out their rent vs. buy calculator.

9812575_xxl

CNN Money has Philadelphia’s median home price as $175,000.  Want to see what $175,000 looks like in Philadelphia?

Price Range: $174,900 to $175,900 Price Average: $175,100
Size Range: 485 to 2,300 Sq. Ft. Size Average: 1,175 Sq. Ft.
Gallery List Map
1 12 of 12
Under Contract
Contingency
$ 175,000
1100 S BROAD STREET #711C
Philadelphia, PA 19146
NEWBOLD
0 Bed / 1 Bath
517 Sq. Ft.
Property Type: Condo
MLS® #: 7069540
Courtesy of Coldwell Banker Preferred-Center City
Under Contract
Contingency
$ 175,000
1100 S BROAD STREET #711C | Philadelphia, PA 19146
NEWBOLD
MLS® #
Property Type
Beds
Baths
Square Ft
7069540
Condo
0
1
517 s.f.
Courtesy of Coldwell Banker Preferred-Center City
Sweet Studio Condo in Centrally located Marine Club. Enter into a hallway with a full bathroom on your right and a closet on the left. Bathroom with a jacuzzi and granite countertop. Further along, the kitchen is on the right. First a large pantry closet and then a full kitchen with a breakfast bar. Stainless steel appliances, granite countertops, microwave, garbage disposal and lots of cabinets for. Large area with hardwood floors to be divided up into a living room area and a bedroom area with a creative use of a bookcase or furniture. High ceilings. Freshly painted. A long wall with 12' tall windows letting in the light and the four seasons of the year. Pour a tall one and watch the sun, snow, and rain against the windows. Downstairs is a workout gym with a hot tub and yoga room. The building is secure with a 24-hour concierge service in a newly decorated lobby. At the corner of Broad and Washington where there is new construction for rentals and a fabulous Target/CVS in the historic Civil War train station. Renovated, Modern condo looking over the common central courtyard, lush garden, and pond with Koi fish. Common area with seating and grills for your summer evenings and weekend entertaining. This building is pet-friendly! This is a lovely condo with excellent transit and a Walkscore of 91! Transit 81. Bikable 85! This location is in walking distance of Passyunk Ave, the Italian Market, and Center City.
Under Contract
Contingency
$ 175,000
441 MARTIN STREET
Philadelphia, PA 19128
ROXBOROUGH
4 Bed / 1 Bath
1,552 Sq. Ft.
Property Type: Condo
MLS® #: 7069123
Courtesy of Keller Williams Real Estate-Blue Bell
Under Contract
Contingency
$ 175,000
441 MARTIN STREET | Philadelphia, PA 19128
ROXBOROUGH
MLS® #
Property Type
Beds
Baths
Square Ft
7069123
Condo
4
1
1,552 s.f.
Courtesy of Keller Williams Real Estate-Blue Bell
Investor Alert! Great opportunity to own on a well maintained street in the heart of Roxborough. Nice square footage and showing as cmx2 zoning for potential -use residential. New roof in 2008, hot water heater 2 y/o. No repairs will be done, sold as-is but you are welcome to do your own diligence. Won't last bring your cash offers. Not a short sale.
Under Contract
Contingency
$ 174,999
1837 LANSING STREET
Philadelphia, PA 19111
RHAWNHURST
3 Bed / 2 Bath
1,350 Sq. Ft.
Property Type: Condo
MLS® #: 7059968
Courtesy of RE/MAX Millennium-Huntingdon Valley
Under Contract
Contingency
$ 174,999
1837 LANSING STREET | Philadelphia, PA 19111
RHAWNHURST
MLS® #
Property Type
Beds
Baths
Square Ft
7059968
Condo
3
2
1,350 s.f.
Courtesy of RE/MAX Millennium-Huntingdon Valley
Long time owner is down sizing. This wonderful stone & brick twin sits on a quiet Rhawnhurst street. Only two blocks from Northeast High School and two blocks from Resurrection School. This lovingly maintained home is available for the first time in 60+ years and is ready for a new family to love it. 3 bedrooms and two full baths, finished basement, a beautiful flat rear yard with a shed (a detached garage could be built) room sizes are estimated.
Under Contract
Contingency
$ 175,000
733 MELON PLACE #D
Philadelphia, PA 19123
NONE AVAILABLE
2 Bed / 1 Bath
626 Sq. Ft.
Property Type: Condo
MLS® #: 7058137
Courtesy of HK99 Realty, LLC
Under Contract
Contingency
$ 175,000
733 MELON PLACE #D | Philadelphia, PA 19123
NONE AVAILABLE
MLS® #
Property Type
Beds
Baths
Square Ft
7058137
Condo
2
1
626 s.f.
Courtesy of HK99 Realty, LLC
Nice property in hot area, HOA fee included hot, cold water; public area maintain, insurance, heat;
Under Contract
Contingency
$ 175,900
1837 STRAHLE STREET
Philadelphia, PA 19152
BELLS CORNER
3 Bed / 1/1 Bath
1,210 Sq. Ft.
Property Type: Condo
MLS® #: 7057079
Courtesy of Tacony Real Estate
Under Contract
Contingency
$ 175,900
1837 STRAHLE STREET | Philadelphia, PA 19152
BELLS CORNER
MLS® #
Property Type
Beds
Baths
Square Ft
7057079
Condo
3
1/1
1,210 s.f.
Courtesy of Tacony Real Estate
Check out this new listing of a brick twin home priced to sell in the desirable Bells Corner community of Northeast Philadelphia! Just some cosmetic touches would be necessary to make this house your own! The first floor features a main entrance from the side with large living room, dining room and kitchen with counter, stainless steel sink, gas range and wood wall and base cabinetry. The second floor features three (3) spacious bedrooms, two of which have exposed hardwood flooring, and a hall bathroom with ceramic tile wainscot. The basement has glass block windows and houses the mechanical systems including a new domestic hot water heater, a forced hot air heating system and the central air conditioning system. A toilet enclosure is located in the basement. Roof was recently coated with transferable warranty. There is an attached garage at the rear with driveway access and grassy lawn areas at the front, side and rear. The home is well situated with respect to public transportation and local shopping with Bustleton Avenue and Castor Avenue just a short walk away. Schedule a showing now as this listing will not last!
Under Contract
Contingency
$ 175,000
4300 PRINCETON AVENUE
Philadelphia, PA 19135
MAYFAIR (EAST)
3 Bed / 1/1 Bath
1,680 Sq. Ft.
Property Type: Condo
MLS® #: 7042300
Courtesy of Keller Williams Real Estate-Horsham
Under Contract
Contingency
$ 175,000
4300 PRINCETON AVENUE | Philadelphia, PA 19135
MAYFAIR (EAST)
MLS® #
Property Type
Beds
Baths
Square Ft
7042300
Condo
3
1/1
1,680 s.f.
Courtesy of Keller Williams Real Estate-Horsham
First time home owner and investor alert buy this property as soon as possible, the pricing is very competitive, at an approximate paying 1,119 per month why rent when you can own this house. The house offers plenty of living space at 1,680 interior sq. ft. it is a bargain for the price compared to other houses in the area. The house boasts of new modern hardwood floors, newly painted walls and a fireplace,a Foyer,eat-in kitchen. Host your friends on the all weather covered deck for barbecuing or if you would like to just sit and enjoy the weather and keep sheltered from the weather. The deck is shaded hence keeps you away from the humidity and heat during the summer. This house has 3 bedrooms, one full bathroom upstairs and a half bathroom in the basement. There is plenty of closet space in the house and a modern ceramic hall bath. The finished basement has two large rooms; one room for your laundry~with enclosed boiler, hot water heater, electric closet and huge additional storage area~and the other room can be used as an entertainment room, extra bedroom or storefront.. The finished basement has a separate entrance, plenty of windows and a powder room. Outside their is a brick shed with an attic is located in the spacious backyard - great for tools, a workshop, storage, etc. The location of the house is close to easy access to transportation and the expressway which are septa bus and regional rail and the Blue line subway Market-Frankford line, I-95 expressway, plus shopping minutes away from center city. Come and buy one of the largest houses in the Northeast at a price that beats the competition.
Under Contract
Contingency
$ 175,000
2601 PENNSYLVANIA AVENUE #307
Philadelphia, PA 19130
ART MUSEUM AREA
1 Bed / 1 Bath
632 Sq. Ft.
Property Type: Condo
MLS® #: 7041983
Courtesy of BHHS Fox & Roach-CC Rittenhouse Hotel
Under Contract
Contingency
$ 175,000
2601 PENNSYLVANIA AVENUE #307 | Philadelphia, PA 19130
ART MUSEUM AREA
MLS® #
Property Type
Beds
Baths
Square Ft
7041983
Condo
1
1
632 s.f.
Courtesy of BHHS Fox & Roach-CC Rittenhouse Hotel
Enjoy beautiful Art Museum and Parkway views from this one bedroom condo at 2601 Parkway! The living area features hardwood floors and oversized windows that fill the home with natural light. The kitchen features updated cabinetry, tiled backsplash, a refrigerator, gas range, dishwasher, and a large pantry, great for extra storage. The bedroom is large and features fantastic closet space, and is adjacent to the tiled bath featuring a full bathtub and sink with storage vanity. An in-unit washer and dryer complete this well-maintained home. Condo fees include gas cooking, water, sewer, convenient shuttle service, a state-of-the-art fitness center, and 24 hour lobby attendant. Located across from the Art Museum and Fairmount Park, this unit is in a pet-friendly building and is close to Kelly Drive, Boat House Row, the Barnes Museum, Whole Foods, restaurants, shopping, transportation and much more!
Under Contract
Contingency
$ 174,900
619 SHAWMONT AVENUE
Philadelphia, PA 19128
UPPER ROXBOROUGH
3 Bed / 3 Bath
1,836 Sq. Ft.
Property Type: Condo
MLS® #: 7041750
Courtesy of Elfant Wissahickon-Mt Airy
Under Contract
Contingency
$ 174,900
619 SHAWMONT AVENUE | Philadelphia, PA 19128
UPPER ROXBOROUGH
MLS® #
Property Type
Beds
Baths
Square Ft
7041750
Condo
3
3
1,836 s.f.
Courtesy of Elfant Wissahickon-Mt Airy
This spacious one of a kind home offers over 1800 square feet of living space. Hardwood floors t/o, enclosed sunporch, living room with fireplace. Eat in kitchen leads out the the large deck. 4 bedrooms, 3 full baths, finished basement. Off street parking, close to local schools, shopping and transportation.
Under Contract
Contingency
$ 175,000
1100 S BROAD STREET #304C
Philadelphia, PA 19146
GRADUATE HOSPITAL
0 Bed / 1 Bath
485 Sq. Ft.
Property Type: Condo
MLS® #: 7040783
Courtesy of Keller Williams Philly
Under Contract
Contingency
$ 175,000
1100 S BROAD STREET #304C | Philadelphia, PA 19146
GRADUATE HOSPITAL
MLS® #
Property Type
Beds
Baths
Square Ft
7040783
Condo
0
1
485 s.f.
Courtesy of Keller Williams Philly
Fantastic studio apartment in The Marine Club! This updated apartment features a light filled open layout with an updated kitchen including granite counters, stainless steel appliances and plenty of cabinet space. The full bath comes equipped with vanity and shower/tub combo. Additionally this apartment includes a deeded parking space, modern fan company Cirrus Fan in living room and Hunter Douglas Alustra Woven textures shades with top down bottom up feature with valances. Amenities include a recently renovated lobby with 24-hour doorman, a large on site fitness center, and a beautifully landscaped common outdoor courtyard with seasonal lounge seating and koi pond. This is a pet friendly building! The building also features an on site management office. At this location you are just minutes from Center City, the Italian Market, Passyunk Square, Graduate Hospital and other attractions as well as nearby access to 76 and 95. Don't wait -schedule your showing today!
Under Contract
Contingency
$ 175,000
4708 RUTLAND STREET
Philadelphia, PA 19124
FRANKFORD
4 Bed / 1 Bath
2,300 Sq. Ft.
Property Type: Condo
MLS® #: 7010549
Courtesy of City Wide Realty, Inc
Under Contract
Contingency
$ 175,000
4708 RUTLAND STREET | Philadelphia, PA 19124
FRANKFORD
MLS® #
Property Type
Beds
Baths
Square Ft
7010549
Condo
4
1
2,300 s.f.
Courtesy of City Wide Realty, Inc
Large home in Frankford. Currently tenant occupied. Tenant will be moving out this summer.
Under Contract
Contingency
$ 175,500
1100 S BROAD STREET #717C
Philadelphia, PA 19146
AVENUE OF THE ARTS
1 Bed / 1 Bath
599 Sq. Ft.
Property Type: Condo
MLS® #: 7006240
Courtesy of Premier Real Estate Inc
Under Contract
Contingency
$ 175,500
1100 S BROAD STREET #717C | Philadelphia, PA 19146
AVENUE OF THE ARTS
MLS® #
Property Type
Beds
Baths
Square Ft
7006240
Condo
1
1
599 s.f.
Courtesy of Premier Real Estate Inc
Fannie Mae Homepath condo. Enjoy luxury living on the Avenue of The Arts at the Marine Club Condos with one car parking! This unit is an artist's dream. Enter into the foyer with steps leading to the loft bedroom. Proceed into the bright, spacious living area featuring beautiful hardwood floors. You'll enjoy large windows with stunning views of the city skyline. An ultra modern kitchen and breakfast bar boasts granite counter tops and stainless steel appliances. Modern bathroom with whirlpool tub, marble tile and granite sink surround. The loft bedroom is tucked away close to the high ceilings. Awesome location close to Center City Philadelphia with easy access to everything!
Under Contract
Contingency
$ 174,900
935 E MOUNT AIRY AVENUE
Philadelphia, PA 19150
MT AIRY (EAST)
3 Bed / 1/1 Bath
1,312 Sq. Ft.
Property Type: Condo
MLS® #: 7003276
Courtesy of Keller Williams Real Estate-Blue Bell
Under Contract
Contingency
$ 174,900
935 E MOUNT AIRY AVENUE | Philadelphia, PA 19150
MT AIRY (EAST)
MLS® #
Property Type
Beds
Baths
Square Ft
7003276
Condo
3
1/1
1,312 s.f.
Courtesy of Keller Williams Real Estate-Blue Bell
Enjoy all of the beauty Mt. Airy has to offer and come home to this beautiful Brick Twin. Enjoy the private entrance of this home, complete with an awning and plenty of seating space for that morning coffee. This move-in ready home has been well maintained from top to the bottom including original Hardwood Floors, freshly painted Neutral Walls, newer Carpets and Updated Windows. The First Floor boasts a spacious Living Room, separate Formal Dining Room and a spacious Kitchen complete with Gas Cooking, Wood Cabinets and enough room for your Kitchen Table. The first floor also has original hardwood floors under the carpeting. Venture upstairs to the second floor which offers a large Master Bedroom, 2 additional Bedrooms and a Full Bath. Head downstairs to your partially Finished Basement where you will find an additional room that can be used for that "man-cave" you've always wanted. Also downstairs is your Powder Room, Laundry Room and the back door leading to your own personal Driveway and Attached Garage. The home also features new (2012) Heating and Central Air and a New Roof. Looking for accessibility? It's minutes to all the fabulous Restaurants, Entertainment and Shops of Downtown Mt. Airy and Chestnut Hill. Ideally located within the borders for the Desirable Jenks School. This home is just waiting for your personal touch! (Park on the street in front of the home or use the back alley for Garage/Driveway access)
Under Contract
Contingency
$ 0
,
Bed / Bath
0 Sq. Ft.
Property Type:
MLS® #:
Courtesy of
Under Contract
Contingency
$ 0
| ,
MLS® #
Property Type
Beds
Baths
Square Ft
0 s.f.
Courtesy of
Under Contract
Contingency
$ 0
,
Bed / Bath
0 Sq. Ft.
Property Type:
MLS® #:
Courtesy of
Under Contract
Contingency
$ 0
| ,
MLS® #
Property Type
Beds
Baths
Square Ft
0 s.f.
Courtesy of
Under Contract
Contingency
$ 0
,
Bed / Bath
0 Sq. Ft.
Property Type:
MLS® #:
Courtesy of
Under Contract
Contingency
$ 0
| ,
MLS® #
Property Type
Beds
Baths
Square Ft
0 s.f.
Courtesy of
Under Contract
Contingency
$ 0
,
Bed / Bath
0 Sq. Ft.
Property Type:
MLS® #:
Courtesy of
Under Contract
Contingency
$ 0
| ,
MLS® #
Property Type
Beds
Baths
Square Ft
0 s.f.
Courtesy of
Under Contract
Contingency
$ 0
,
Bed / Bath
0 Sq. Ft.
Property Type:
MLS® #:
Courtesy of
Under Contract
Contingency
$ 0
| ,
MLS® #
Property Type
Beds
Baths
Square Ft
0 s.f.
Courtesy of
Under Contract
Contingency
$ 0
,
Bed / Bath
0 Sq. Ft.
Property Type:
MLS® #:
Courtesy of
Under Contract
Contingency
$ 0
| ,
MLS® #
Property Type
Beds
Baths
Square Ft
0 s.f.
Courtesy of
No listings available.
1 12 of 12
© 2014 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Listing information last updated 2017-10-20.