A new report by RENTCafé cites shrinking floor plans in new apartments being built around the country. New apartments average 941 square feet, which is 5 percent smaller than a decade ago. In Philadelphia, apartments average just 801 square feet. Nationally, the average size of an apartment built in 2008 was 839 square feet. This year, the average new apartment is 782 square feet. We wondered what the rental market for units near that size in Philadelphia looks like today.
1000 S. Broad St.
Studios: 380 to 558 square feet
Monthly rent: $1,341-$1,799
One-bedrooms: 602 to 796 square feet
Monthly rent: $1,894-$2,670
Tell me all about it: Lincoln Square opened officially in September, making it among the city’s newest apartment complexes. Units include quartz counters, in-unit laundry, and fob entry. Select units also include terraces or balconies. Covered parking is available for an additional fee. Residents have access to round-the-clock front-desk concierge and a secure package delivery system.
5450 Wissahickon Ave.
Studios: 375 square feet
Monthly rent: $750
One-bedrooms: 610 square feet
Monthly rent: $875-$900
Tell me all about it: Units at The Avenue feature hardwood floors and terrific views. Residents also enjoy a fitness center, a private game room, a business center, and an enormous outdoor pool adjacent to a fire pit and outdoor kitchen. We also love the game room full of our favorite arcade games.
3601 Market St.
Studios: 415 to 582 square feet
Monthly rent: $1,500-$1,895
One-bedrooms: 685 to 752 square feet
Monthly rent: $1,815–$2,280
Tell me all about it: Units at Arrive boast hardwood floors, stainless-steel appliances, quartz countertops and private, in-unit laundry. The building also features a rooftop saltwater pool with a lounge that includes outdoor TVs, a firepit and a grilling area. Residents can also access the fitness studio at any hour and can take advantage of free classes and a yoga studio.