furnished apartments for rent near Philadelphia, PA - craigslist (2024)

FAQs

Why is rent so high in Philadelphia? ›

Property owners and landlords who could take advantage of rising property values to recuperate losses began charging higher rents [2,3,5]. In fact, Greater Philadelphia's average rent jumped from approximately $1,604 a month to $1,755 from January to December 2021 – a 9.4 percent increase.

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.

In short - The state of Pennsylvania does not provide a limit to rent increases.

WIth the housing market being the way it is, many individuals looking to move are mulling over a key question: to buy or to rent? Well, according to a new report, as far as Philadelphia, Pa., goes, the answer to that is “buy.”

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.

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.

Can you evict in Philadelphia without a rental license? ›

Any eviction conducted without a court order is illegal! Your landlord cannot legally collect rent from you without a rental license!

There are no rent control or stabilization laws in Pennsylvania, so your landlord is permitted to increase your rent.

Among the many cities around the United States, Philadelphia stands out as an advantageous market for rental property investment. A lot of investors are taking an interest in Philadelphia. Some of them are local and others are buying properties here from out of state.

Pro: Affordable Cost of Living for a Major City

Philly's cost of living index is 104.3, which is about 10.3 percent higher than the state average. That might seem steep, but it's considered quite affordable, due to the city's history and overall accessibility.

Compared to other major cities, Philadelphia continues to have a reputation as a more affordable place, where tenants can get more space for less rent. Center City is doing better than other cities' downtowns.