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Edgewater apartments in Philadelphia, PA

Updated

Edgewater

2323 Race St, Philadelphia, PA 19103, USA

4.4 (139 reviews) Official Website

Live pricing, refreshed

27
Units Listed
$1,737
Starting at
$2,697
Average
$4,444
Highest
$3.43
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Center City West rent trends

Beds

Pricing by Bedroom

Studio
$1,917
from $1,756 · 3 units
~496 sqft avg
1 Bed
$2,284
from $1,737 · 18 units
~708 sqft avg
2 Bed
$4,326
from $4,106 · 6 units
~1,164 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (32)

Largest 8 movers of 32

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$136K

$1.6M annual run rate

Modeled estimate

Est. Occupancy

66%

of about 80 units (modeled from leasing activity)

Effective Rent on New Leases

$2,559

vs $2,697 current asking ($138 negotiation gap)

Recent Lease Activity

80 units tracked; 53 assumed leased, 27 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

27

Very high availability

15 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Philadelphia, PA

Similar

Comparing this building against 3 similar Philadelphia, PA apartments by price. Click any bar to view that building.

See rent trends on the Philadelphia, PA map Explore Philadelphia, PA on the interactive map

Available Units

27 units
1 Bed / 1 Bath JR
$1,737/mo
493 ft² · $3.52/ft² · #205
Down $63 since Aug 26 (was $1,800)
Studio / 1 Bath A12
$1,756/mo
438 ft² · $4.01/ft² · #211
Down $55 since Aug 22 (was $1,811)
Studio / 1 Bath B2
$1,843/mo
439 ft² · $4.20/ft² · #602
Up $4 since Aug 24 (was $1,839)
1 Bed / 1 Bath K
$1,992/mo
675 ft² · $2.95/ft² · #224
Down $63 since Aug 26 (was $2,055)
1 Bed / 1 Bath C1
$1,997/mo
644 ft² · $3.10/ft² · #209
Down $64 since Aug 26 (was $2,061)
1 Bed / 1 Bath A1
$2,027/mo
674 ft² · $3.01/ft² · #719
Down $63 since Aug 26 (was $2,090)
1 Bed / 1 Bath C1
$2,037/mo
644 ft² · $3.16/ft² · #607
Down $65 since Aug 26 (was $2,102)
1 Bed / 1 Bath D
$2,053/mo
680 ft² · $3.02/ft² · #223
Down $63 since Aug 26 (was $2,116)
1 Bed / 1 Bath E
$2,064/mo
708 ft² · $2.92/ft² · #111
Down $63 since Aug 26 (was $2,127)
1 Bed / 1 Bath F
$2,067/mo
759 ft² · $2.72/ft² · #522
Down $63 since Aug 26 (was $2,130)

Train activity

Severe nighttime trains

Freight line 211 ft away · 6 trains/day

  • 4 daytime, 2 overnight
  • Crossing 211 ft away. Horns expected day and night.
  • Operator: CSX

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Philadelphia, PA notes

No resident notes for this property yet.

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