Apartment Price Drops This Week in Center City East - Philadelphia, PA

Written by Sunny | Edited by Ian Medlock
3 minute read

Biggest Rent Drops in Center City East, Philadelphia

Data updated: August 21, 2025 at 08:56 AM PDT

Looking for an apartment deal in Center City East? We’ve surfaced the biggest rent drops and current trends in this part of Philadelphia.


Which listings in Center City East have had the biggest price drops in the past week?

Unit 521 at The Collins Midtown Village (1 bed, 1 bath) saw a recent price drop of $65, bringing the new rental rate down to $2270. Meanwhile, Unit 2010 at 1213 Walnut (1 bed, 1 bath) has also become more affordable, with a $60 decrease to a new price of $2355. These deals are particularly attractive for anyone looking to live in vibrant Philadelphia neighborhoods while saving on monthly expenses.

Property Name Unit Description New Price (Drop) Drop Date
The Collins Midtown Village 1 bed, 1 bath $2270 (-$65) 8/21
1213 Walnut 1 bed, 1 bath $2355 (-$60) 8/14
Bridge Studio, 1 bath $2135 (-$40) 8/21

What’s the rent trend in Center City East?

Hello! If you’re exploring rental options in Center City East, Philadelphia, here’s a quick update on the current trends:

As of now, the average rent for a 1-bedroom apartment stands at $2,748, which marks a slight increase from last week’s average of $2,714. On the other hand, 2-bedroom apartments have seen a decrease in average rent, moving from $3,985 last week to $3,837 this week.

This suggests a trend where smaller units might be getting a bit pricier, while larger ones are becoming more affordable. Keep this in mind as you consider your options in this vibrant part of the city!


Top 5 Price Drops This Week

The Collins Midtown Village

The Collins Midtown Village – 521
1 bed, 1 bath, 805 sq ft
Was: $2270 → Now: $2270
Price Drop: $65

Price Changed on: 8/21


1213 Walnut

1213 Walnut – 2010
1 bed, 1 bath, 587 sq ft
Was: $2415 → Now: $2355
Price Drop: $60

Price Changed on: 8/14


Bridge

Bridge – 013E
Studio, 1 bath, 532 sq ft
Was: $2135 → Now: $2135
Price Drop: $40

Price Changed on: 8/21


Want to keep up with future price changes?

Bookmark this page to see the latest.


Note: Pricing, availability, and specials are subject to change. Please check the individual listings for the most up-to-date information.

Meet our contributors
Ian Medlock
Ian Medlock
General Manager
Ian Medlock leads growth at Sunny, where he helps renters discover the best places to live through smart, data-driven tools. With a background in marketing, product, and analytics, he's passionate about building experiences people love. Ian lives in the bay area with his family.