Apartment Price Drops This Week in Center City East - Philadelphia, PA
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 – 521
1 bed, 1 bath, 805 sq ft
Was: $2270 → Now: $2270
Price Drop: $65
Price Changed on: 8/21

1213 Walnut – 2010
1 bed, 1 bath, 587 sq ft
Was: $2415 → Now: $2355
Price Drop: $60
Price Changed on: 8/14

Bridge – 013E
Studio, 1 bath, 532 sq ft
Was: $2135 → Now: $2135
Price Drop: $40
Price Changed on: 8/21
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Note: Pricing, availability, and specials are subject to change. Please check the individual listings for the most up-to-date information.