Comptroveby RentSpire

Martin Luther King I & III

1317 Fitzwater St, Philadelphia, PA, 19147

Market rate 45 units (unit count basis: listing-reported) FEMA/NRI hazard read: Relatively Low

Asking & effective rent by bedroom

Average asking rent across observed units: $1,288. Average effective rent: $1,288.

TypeAsking rentEffective rentAvg sqftObservations
Studio$1,288$1,288not observed13

HUD Fair Market Rent gap

HUD area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA.

FMR comparison not observed for this property.

Amenities

No amenities observed for this property.

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

No nearby comparables with rent data were found within 3 miles.

Sources & provenance

Sourced from https://www.pennrose.com/apartments/pennsylvania/martin-luther-king-i-iii/ — 13 observation(s), last observed Jul 28, 2026.

Data age: 20 days. Last observed: Jul 28, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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