$937,787Average Value$514Average Price per Sq Ft93Homes For Sale
Why Rittenhouse Square tops the list of Philly’s best neighborhoods
Rittenhouse Square is one of the most popular neighborhoods in Philadelphia. It’s known for its picturesque streets, historic homes and old-fashioned city square. Mornings often start with a walk through the park, while afternoons spill onto sidewalk patios before blending into nights out at some of the city’s best restaurants. Many of those spots line Rittenhouse Row, a walkable hub for high-end shopping and dining. Elegant brownstones sit on the same block as luxury condo and apartment buildings, where Center City’s striking skyline is always in view.
Upscale living with historic brownstones and luxury condo buildings
If you’re thinking about moving to Rittenhouse Square, you’re in good company. The neighborhood has been one of Philadelphia’s most coveted since the mid-1800s, and its popularity hasn’t faded. “It’s the wealthiest zip code in the Philadelphia market,” says Kristie Bergey, a luxury Realtor with Coldwell Banker. “Delancey Street is by far the most sought-after. It’s where M. Night Shyamalan filmed many of his movies.”
Known for its postcard-worthy streetscapes, Delancey is lined with luxury brownstones and red-brick townhomes that showcase Greek Revival and Victorian-era styles. Many historic homes have been converted into boutique condos, alongside a handful of high-rise apartment and condo buildings for those drawn to modern amenities. Monthly condo fees typically cover common-area maintenance and on-site amenities, ranging from about $300 in smaller buildings to $4,000 in ultra-luxury buildings.
Historic townhomes are a staple in Rittenhouse Square.
A wide range of prices in one of Philly’s most expensive neighborhoods
The median sale price here is in the low $500,000s. That’s nearly twice the citywide median, but the good news is that prices span a wide range. “There’s a price point for all,” says Melissa Valenti, a local Realtor with Compass who has lived in the neighborhood for more than 20 years. “And you get the culture of New York City for much cheaper.”
One- and two-bedroom townhomes typically sell from the mid-$300,000s to the upper $600,000s, while three-bedroom-plus townhomes range from the mid-$500,000s to more than $3.5 million for beautifully updated historic properties. Boutique condos usually come in under $1 million, and luxury high-rise units run from about $1.3 million to $3.8 million.
Parc is a go-to spot for outdoor dining overlooking Rittenhouse Square.
Where to shop, eat and catch a show in Rittenhouse Row
Rittenhouse Row is the go-to for upscale shopping, dining and entertainment. “Everything I need is within a three-block radius,” Valenti says. “I walk everywhere, as do most people. That’s the beauty of living here.” You’ll find local icons like Boyds and Joan Shepp alongside national names such as Anthropologie, rag & bone and Reformation. Fitness studios, salons and spas sit on the same block. At night, people head to cocktail bars, comedy shows and cultural venues like the Kimmel Center for the Performing Arts.
Dining is a big part of the social scene here. Her Place Supper Club and Friday Saturday Sunday carry Michelin stars, and people love how personal the restaurants feel. “We are fortunate to have so many local restaurants. All the owners are great people, and you form relationships with them,” Valenti says. Some of the best restaurants and cafés in Rittenhouse Square include:
Parc, a French-inspired bistro with a sidewalk patio and park views
The Love, a cozy New American spot from two beloved Philly restaurateurs
Vernick Food & Drink, a neighborhood favorite in a classic brownstone
a.kitchen + bar, a staple for wine lovers and relaxed weekend brunches
Elixr Coffee Roasters, a go-to for meeting friends or working from home
Steps from Rittenhouse Square, with riverfront parks nearby
At the center of it all is Rittenhouse Square, a historic green space that draws a crowd when the weather is nice. “Rittenhouse Square is one of the five squares the city was built around, and it’s still the public park space it was designed to be,” Bergey says. “People picnic, kids meet up for play groups and there’s a farmers market every Saturday.” The market runs year-round and is a favorite for fresh produce. You’ll also see seasonal events in the square, and Valenti shares that the annual tree lighting is a standout. “It’s magical. The square is packed, we all sing carols and the lights are absolutely beautiful,” she says.
For a quieter break, John F. Collins Park is tucked into Rittenhouse Row, with shaded picnic benches and bistro tables that make it a popular lunch spot. You’re also within walking distance of riverfront green spaces like Schuylkill Banks and Schuylkill River Park.
Rittenhouse Square attracts locals and visitors in the summer months.
People gather in Rittenhouse Square year-round.
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Rittenhouse Square is close to public transit, offices and culture
Public transportation is another perk, with SEPTA bus stops and subway stations within a short walk of most homes. The PATCO Speedline stops at 15th/16th and Locust streets, connecting riders to South Jersey suburbs like Lindenwold. The L and the B are also nearby for trips to University City or South Philly’s stadiums. Rittenhouse Square’s central location puts you close to:
Offices in Center City West and Center City Market East
Theaters and art galleries along the Avenue of the Arts
World-class museums in the Art Musuem Area
Historic landmarks in Old City
Walk to Walnut-Locust Station from Rittenhouse Square.
SEPTA buses run throughout Philly and its surrounding suburbs.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the Rittenhouse Square neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Rittenhouse Square
US
Homicide
4
4
Sexual Assault
6
4
Assault with Weapon
4
4
Robbery
3
4
Burglary
6
4
Motor Vehicle Theft
5
4
Larceny
4
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Rittenhouse Square Demographics and Home Trends
On average, homes in Rittenhouse Square, Philadelphia sell after 90 days on the market compared to the national average of 54 days. The median sale price for homes in Rittenhouse Square, Philadelphia over the last 12 months is $497,750, down 20% from the median home sale price over the previous 12 months.
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