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.

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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: $175,058
Size Range: 396 to 2,300 Sq. Ft. Size Average: 1,374 Sq. Ft.
Gallery List Map
1 18 of 20
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Under Contract
Contingency
$ 175,000
7724 WHITAKER AVENUE
Philadelphia, PA 19111
FOX CHASE
3 Bed / 1/1 Bath
1,080 Sq. Ft.
Property Type: Condo
MLS® #: 7094165
Courtesy of BHHS Fox & Roach-Center City Walnut
Under Contract
Contingency
$ 175,000
7724 WHITAKER AVENUE | Philadelphia, PA 19111
FOX CHASE
MLS® #
Property Type
Beds
Baths
Square Ft
7094165
Condo
3
1/1
1,080 s.f.
Courtesy of BHHS Fox & Roach-Center City Walnut
Fox Chase Find!!!Location Location!!! Shopping,Fine Dining, parks/playgrounds,Public transportation are only a few of the amenities of the Great North East!!! This bright sunny Rancher features a vaulted ceiling in the spacious living room,open dining room and eat~in kitchen!!! Three charming bedrooms all boasting over~sized closets and a full bath brims with sunlight from the skylight above!!! The hall offers a linen closet and a spacious coat closet completing the first level!!! The lower level (Basement)offers a 17 X 18 finished family room area...a 12 x 15 storage room...powder room for added convenience, very large closet and opens to the 8 x 16 laundry room...wash dry fold and iron in this great space!!! Walk~out to driveway and garage too!!! This well maintained homes shows its pride in ownership!!! The same family has given this home love since it was built and it shows!!! Garage boasts an electric opener. Gorgeous front door and all storm door are newer, Central Air was added in 2014, walls were resurfaced and freshly painted in 2014!!!Charming hardwood floors are under carpets waiting to be released!!!
Under Contract
Contingency
$ 175,900
717 N 45TH STREET
Philadelphia, PA 19104
MANTUA
4 Bed / 1/1 Bath
1,668 Sq. Ft.
Property Type: Condo
MLS® #: 7093784
Courtesy of Howard Hanna Philadelphia Realty
Under Contract
Contingency
$ 175,900
717 N 45TH STREET | Philadelphia, PA 19104
MANTUA
MLS® #
Property Type
Beds
Baths
Square Ft
7093784
Condo
4
1/1
1,668 s.f.
Courtesy of Howard Hanna Philadelphia Realty
Nice Newer Construction Twin. 4 bed 2 bath home on a tree lined and up and coming newer construction community. Large front and back Yard. 4th bedroom on the main level perfect for office or in-law suite. Home boast central air and heat, Two block walk to "El" 40st train station. CHOP within 5 min walking distance. Updated Parks and Playgrounds in area.
Under Contract
Contingency
$ 175,000
3510-12 N 15TH STREET
Philadelphia, PA 19140
PHILA (NORTH)
0 Bed / 0 Bath
1,760 Sq. Ft.
Property Type: Condo
MLS® #: 7092521
Courtesy of SPACE & COMPANY
Under Contract
Contingency
$ 175,000
3510-12 N 15TH STREET | Philadelphia, PA 19140
PHILA (NORTH)
MLS® #
Property Type
Beds
Baths
Square Ft
7092521
Condo
0
0
1,760 s.f.
Courtesy of SPACE & COMPANY
Large warehouse on a HUGE flag lot in North Philly, just one block from Temple Medical Campus and 2 blocks from the Broad Street Line subway station. Tall ceilings and exposed beams allow for many possibilities! There is an existing curb cut and plenty of space in front of the warehouse for parking or other uses. This could be a great live-in studio space for an artist, a single-family loft home with garage for an automobile afficionado, possibly a great place for your business, or maybe your next development opportunity. The property is currently zoned RSA5, but has been used by a roofing company in the past. Prospective buyers should verify their intended use is allowable.
Under Contract
Contingency
$ 174,900
5005 S CONVENT LANE #F
Philadelphia, PA 19114
BAKERS BAY
2 Bed / 2 Bath
1,651 Sq. Ft.
Property Type: Condo
MLS® #: 7090229
Courtesy of RE/MAX Realty Services-Bensalem
Under Contract
Contingency
$ 174,900
5005 S CONVENT LANE #F | Philadelphia, PA 19114
BAKERS BAY
MLS® #
Property Type
Beds
Baths
Square Ft
7090229
Condo
2
2
1,651 s.f.
Courtesy of RE/MAX Realty Services-Bensalem
A wonderful opportunity to own this 2 BR/2BA and Loft Condo in desirable Bakers Bay. Spacious Living Room with Gas Fireplace, overlooking the large balcony with replaced flooring. Kitchen cabinets and dishwasher have been replaced, Master Bedroom has ceiling fan and sliding glass doors leading to the balcony. 2nd bedroom has two closets, and the loft is great for an office or 3rd bedroom. The heater & AC have been replaced 2015, hw boiler 2014. Bakers Bay has wonderful amenities including an indoor heated pool, hot tub, fitness center, sauna, outdoor pools, tennis courts, observation deck along the Delaware River. There is a gatehouse at the entrance, shuttle bus for shopping. Basic cable, lawn, trash, snow removal, water & sewer is included in monthly condo fee. Walking distance to Torresdale Train Station, Maggies & 3 Monkeys Cafe. Easy access to I95
Under Contract
Contingency
$ 174,900
4202 MERIDIAN STREET
Philadelphia, PA 19136
HOLMESBURG
3 Bed / 1/1 Bath
1,280 Sq. Ft.
Property Type: Condo
MLS® #: 7082531
Courtesy of HomeSmart Nexus Realty Group
Under Contract
Contingency
$ 174,900
4202 MERIDIAN STREET | Philadelphia, PA 19136
HOLMESBURG
MLS® #
Property Type
Beds
Baths
Square Ft
7082531
Condo
3
1/1
1,280 s.f.
Courtesy of HomeSmart Nexus Realty Group
Welcome Home! This meticulously maintained straight thru has lots of upgrades and is move in ready with 3 bedrooms, 1.5 baths. 1st floor features an enclosed front porch with newer roof and replacement windows. Cozy living room features a toe warming built in brick gas fireplace with slate mantle and new hardwood floors. The open floor plan flows right into a spacious dining room. The large newly remodeled eat in kitchen features newer appliances. The 2nd floor has large tastefully decorated master bedroom and 2 more bedrooms with ample closet space. Updated large hall bath. Finished basement with separate laundry area and powder room. A walkout door leads to a nice size rear yard with covered patio great for entertaining. Home is complete with replacement windows, new roof, new high efficiency heater and hot water heater with fresh paint and w/w carpets thru out. This home is a must see and won't last, call today for a private tour.
Under Contract
Contingency
$ 174,900
7017 ERDRICK STREET
Philadelphia, PA 19135
TACONY
3 Bed / 2 Bath
1,376 Sq. Ft.
Property Type: Condo
MLS® #: 7086865
Courtesy of Settle Down Philadelphia
Under Contract
Contingency
$ 174,900
7017 ERDRICK STREET | Philadelphia, PA 19135
TACONY
MLS® #
Property Type
Beds
Baths
Square Ft
7086865
Condo
3
2
1,376 s.f.
Courtesy of Settle Down Philadelphia
Owner has a current Real Estate license. Enter into a newly finished sunroom, complete with hardwood flooring and builtins, leading into a spacious living room. Dining room has original hardwood flooring and kitchen has an abundance of cabinets to ceiling with crown moulding and has been expanded to include a beautiful breakfast area with french doors that lead to a large deck and yard with patio great for entertaining! Basement is partially finished and included in sale is a large leather sofa. There is also a bath/laundry room with shower stall as well as a small office area. Upstairs find 2 nice sized bedrooms and large master bedroom with amazing closets that make the absolute most use of space possible. All this on a beautiful block that recently came in 3rd in The Most Beautiful Block in Philly" contest!!!!
Under Contract
Contingency
$ 175,000
71 E SLOCUM STREET
Philadelphia, PA 19119
MT AIRY (WEST)
4 Bed / 2 Bath
1,760 Sq. Ft.
Property Type: Condo
MLS® #: 7080265
Courtesy of HomeSmart Realty Advisors
Under Contract
Contingency
$ 175,000
71 E SLOCUM STREET | Philadelphia, PA 19119
MT AIRY (WEST)
MLS® #
Property Type
Beds
Baths
Square Ft
7080265
Condo
4
2
1,760 s.f.
Courtesy of HomeSmart Realty Advisors
Very large 4 bedroom 2 bath stone front twin. Completely rehabbed .New hardwood floors on first floor. Large living room with recessed lighting and a ceiling fan. Island kitchen has new 42 inch maple cabinets and granite countertops with a subway tile backsplash stainless steel appliances garbage disposal and dishwasher. There is a full bath on the first floor behind the kitchen. The laundry area is on the first floor. There is a rear yard with a 6 foot stockcade fence. On the 2nd floor there are 4 bedrooms all with ceiling fans and a full bath with a jetted tub. All rooms are pre wired for phone data and video. Full unfinished basement that is 16x54
Under Contract
Contingency
$ 175,000
1100 S BROAD STREET #404B
Philadelphia, PA 19146
PHILA (SOUTH)
1 Bed / 1 Bath
396 Sq. Ft.
Property Type: Condo
MLS® #: 7076950
Courtesy of Keller Williams Philly
Under Contract
Contingency
$ 175,000
1100 S BROAD STREET #404B | Philadelphia, PA 19146
PHILA (SOUTH)
MLS® #
Property Type
Beds
Baths
Square Ft
7076950
Condo
1
1
396 s.f.
Courtesy of Keller Williams Philly
An Urban Oasis awaits you at the MarineClub. Enter the lobby off of South Broad Street and feel right at home. Re-energize in our fitness center that includes hot tubs, saunas, locker rooms, personal training, group fitness and much more. Stop by the full service spa for a massage or facial. This studio apartment has granite countertops, hardwood floors, stainless steel appliances and generous counter space. The MarineClub is situated along The Avenue of the Arts, you will have access to all of the city's theaters and fabulous restaurants. The MarineClub is just minutes from the historical district and the charm and shopping of Rittenhouse Square. Walk to the ItalianMarket or jump on the subway for a quick ride to the sports arenas.
Under Contract
Contingency
$ 174,950
5402 N 5TH STREET
Philadelphia, PA 19120
OLNEY
4 Bed / 2 Bath
1,760 Sq. Ft.
Property Type: Condo
MLS® #: 7076717
Courtesy of Keller Williams Real Estate Tri-County
Under Contract
Contingency
$ 174,950
5402 N 5TH STREET | Philadelphia, PA 19120
OLNEY
MLS® #
Property Type
Beds
Baths
Square Ft
7076717
Condo
4
2
1,760 s.f.
Courtesy of Keller Williams Real Estate Tri-County
Great property on busy N 5th st that offer a brand new kitchen,updated bathroom and wall to wall carpet.The mix use zoning gives you a lot of options on an area with heavy traffic. Interior space is great with 4 bedrooms and 2 full baths,laundry is located on the first level and a full basement.Take advantage of this great property recently remodeled with a lot of potential.
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
$ 174,900
7038 TULIP STREET
Philadelphia, PA 19135
TACONY
5 Bed / 2 Bath
2,056 Sq. Ft.
Property Type: Condo
MLS® #: 7065348
Courtesy of Concept Realty, LLC
Under Contract
Contingency
$ 174,900
7038 TULIP STREET | Philadelphia, PA 19135
TACONY
MLS® #
Property Type
Beds
Baths
Square Ft
7065348
Condo
5
2
2,056 s.f.
Courtesy of Concept Realty, LLC
Large spacious twin in the Tacony section. This home has 4 large bedrooms with lots of closet space. 2 full beautifully done bathrooms. Hardwood floors throughout. Large modern kitchen with lots of lighting and cabinet space. Stainless steel appliances. This property is a must see. Come take a look and make an offer.
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
1028 KNORR STREET
Philadelphia, PA 19111
LAWNCREST
3 Bed / 2/1 Bath
1,332 Sq. Ft.
Property Type: Condo
MLS® #: 7043158
Courtesy of Realty Mark Associates
Under Contract
Contingency
$ 175,000
1028 KNORR STREET | Philadelphia, PA 19111
LAWNCREST
MLS® #
Property Type
Beds
Baths
Square Ft
7043158
Condo
3
2/1
1,332 s.f.
Courtesy of Realty Mark Associates
Don't miss you opportunity to live in one of the nicest sections of Northeast Philadelphia for a great price! The first thing you will notice is the sizable front yard, perfect for young ones or just to lounge around. Walk inside and you are greeted by a beautiful tiled flooring and a spacious living area. Main floor has enough space for a family dining area, and the kitchen is large enough for anyone's cooking needs. Head downstairs into the finished basement, and take note of the great looking laminate floors! There is a half bathroom tucked down there as well, perfect for your entertaining needs. The systems seem in good order, property has central AC and Heat. Head back upstairs and up to the second floor, where you will be taken back by the freshly renovated bathroom. The three bedrooms upstairs are sizable, and the master also has a master bathroom. Property also features a garage, which in general is a rarity in Philadelphia! A BRAND NEW ROOF with 10 year warranty just installed. Don't miss you opportunity to live in one of the most desirable sections of the city!
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
4619 MILLETT STREET
Philadelphia, PA 19136
HOLMESBURG
3 Bed / 2 Bath
1,688 Sq. Ft.
Property Type: Condo
MLS® #: 7032841
Courtesy of Giraldo Real Estate Group
Under Contract
Contingency
$ 174,900
4619 MILLETT STREET | Philadelphia, PA 19136
HOLMESBURG
MLS® #
Property Type
Beds
Baths
Square Ft
7032841
Condo
3
2
1,688 s.f.
Courtesy of Giraldo Real Estate Group
BIG PRICE REDUCTION, Freshly Painted & New Carpets on this well kept 24 years Twin Raised Ranch located in Holmesburg neighborhood, with over 1,600sq ft of living space. As you enter this lovely home, you will immediately notice the hardwood flooring in the Living room and Dining room for easy care and maintenance. Modern kitchen with breakfast bar, solid wood cabinets and build-in Dishwasher. Two ample bedrooms in the main level, with the Master bedroom having access to modern hall bath with double sink and Walk-in Closet. Lower level features an in-law suite with fireplace, sliding doors to a private patio always great for entertaining large gatherings, also featuring laundry room and to a one car garage. This home has plenty of storage space and lots of parking available. Call for an appointment to see this "move right in" home.
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.
No listings available.
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