It has a $1.1 billion budget and is known for its powerful research capabilities. Over 26,000 students study undergraduate, graduate, or professional schools at UPenn with countless notable alumni. The university features four undergraduate schools: the College, The Wharton School of Business, Penn Engineering, and Penn Nursing. The Wharton School of Business was the first collegiate business school in the nation, and the university also inaugurated the first female president of an Ivy League institution in 1994. The university is also home to the nation's first student union as well as the first college football stadium that featured two decks. ![]() Known as the first university in America, the University of Pennsylvania boasts beautiful buildings that date back centuries. The university sits on 299 acres in West Philadelphia and is an iconic landmark of the city. Over 56% of the class of 2025 identify as students of color, and 16% are first-generation college students. The University of Pennsylvania is a notoriously difficult school to get into, with only a 5.9% admission rate. Benjamin Franklin founded the Ivy League school in 1751, and plenty of success stories have stemmed from the UPenn campus. ![]() UPenn is one of the top colleges in the world, and its alumni and past students can easily prove it. This means you could soon be living in the same neighborhood in which some of the world’s most famous individuals resided for their university careers, too. If you’ve been accepted by the University of Pennsylvania, you’ll be looking for apartments for rent near UPenn.
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