New York City has historically been the city of choice for young adults, but the millennial generation is challenging that notion, flocking to smaller cities across the United States in search of jobs, vibrant culture, and affordable apartments. An increasingly attractive option for these urbanites is the city of brotherly love, Philadelphia, where a spacious city loft apartment in a beautiful apartment building isn’t a pipe dream but a reality.
According to a recent report by City Observatory, Philadelphia has seen one of the largest increases of young adults moving to the city center. And why shouldn’t they? In 2013, the average rent price for an apartment in Philadelphia was $819, compared to the jaw-dropping Brooklyn rents that are on average between $2,000 to $4,000 for an apartment. In addition to their affordability, these Philadelphia city apartments are often high quality, luxurious living spaces. These beautiful apartment buildings often come with heat and water included in rent.
Employment prospects are also good for the young millennial looking to relocate. The state of Pennsylvania has an unemployment rate at 7.7 percent. The cost of living is also about 0.7 percent lower in Philly than the rest of the state.
Read on to discover the best neighborhoods to rent beautiful apartment buildings.
If you are into greenery and great art, look no further than a beautiful apartment building in the Fairmount Park neighborhood. Minutes from the Philadelphia Museum of Art and the Benjamin Franklin Parkway, Fairmount Park Apartments are perfect for the young millennial.
The Manayunk neighborhood is minutes from Center City and situated right along the canal. The neighborhood boasts over 65 shops and galleries and loads of restaurants. The neighborhood’s beautiful apartment buildings reflect the historic nature of the area and range from Victorian to turn-of-the-century. Manayunk apartments are perfect for those looking for an “urban experience” with “small town charms.”
East Falls is located on the banks of the Schuylkill River, is close to Center City, and was the childhood home of Grace Kelly. East Falls apartments are perfect for students. Philadelphia University and the Drexel University College of Medicine both have campuses there.
If you love the great outdoors, you are going to love a Mt. Airy apartment. Mt. Airy is home to the Wissahickon Gorge, a 1,600-acre park with over 57 miles of trails. A Philly apartment with views of the nation’s oldest rose garden? Sign us up.
It goes without saying that Philadelphia is a pretty historical place, but the Germantown neighborhood might just be one of the most historic areas around. It certainly is one of the oldest. Germantown apartments could be steps from a major American Revolution site or next door to a 300-year-old building.
So if you decide to relocate, renting an apartment in Philadelphia is definitely a good bet.