Nationally, the April rent report is great news for apartment dwellers. Locally, it's more of the same: Philadelphia rents are rising again, with costs bumping the city up to the 15th most expensive market in the nation.
The monthly rent report from Zumper showed a drop of nearly 9 percent in the national median rent for a one-bedroom property (down to $1,184). Two bedrooms were up slightly to $1,414 a month.
But in Philadelphia, one-bedroom units jumped 5 percent to $1,470 compared with the previous month, and two-bedroom units are up 5.1 percent to $1,640. The increase moves the city up two spots on the "most expensive" list from last month.
The national dip comes after a historic high last month when a one-bedroom was going for about $1,300. In April, the median rent for a one-bedroom unit is down to $1,184. Two-bedroom units are seeing steady but slow gains.