With the cost of living continuing to rise across the country, Philadelphia and its surrounding metropolitan area has managed to stay an estimated .7% lower than the state average. According to a recent study, the average cost of rent in Philadelphia in 2013 was $819, making renting a affordable option those seeking an alternative to owning a home.
In the rent vs. own debate, renting is winning as more and more people are seeking the style, comfort, and convenience of renting luxurious apartments in the Philadelphia area. Luxury apartments offer tenants sophisticated and stylish interiors at an affordable and reasonable price. Additionally, luxury rentals are cost effective options, especially for those looking to relocate, as heat and hot water are usually included in the monthly rent. Similarly, living in a loft offers all the benefits and comforts of living in a home, without all the hassle. On-site maintenance and first-class amenities ensures tenants are receiving a high level of quality service and attention.