Markets › Philadelphia
Yearly benchmarkMoves monthlyMoves weeklyNews daily
Philadelphia PA
Covers Philadelphia, Camden and Wilmington.
Current market read
Landlord’s market
ConditionFirm
The yearly data reads a landlord's market, and the recent monthly signals are tightening further.
From public data. The situation now, not a forecast.
Renter Google searchabout 14,800 searches in July 2026 · HousesSee read →
Renter Google Search InterestGoogle · monthly
About 14,800 searches in July 2026, for Philadelphia on its own
What renters Google mostHousesSee all →Attention, not a verdict. Google searches for apartments to rent.
Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Heating
Tightening lately, asking rents are climbing, as of Aug 2026.
VacancyCENSUS · 2024
Share of rentals sitting empty. Yearly Census backdrop, not what sets the condition.
Asking rentZILLOW · MONTHLY
+3%
▲ Year over year
SEP ’24AUG ’26
Census 2024: +7.6% · US avg +5.2%
Median rentCENSUS · 2024
$1,567/mo
Typical rent, 2024 yearly count
In the news · PhiladelphiaNEWS · DAILY
Latest local coverage, 3 days ago.● softer● neutral● firmer
Lincoln Property's New Pennsylvania Head On What Types Of Deals He's TargetingNetflix House Building In King Of Prussia Sells For $60M: The Philadelphia Deal SheetPhilly's Busy Summer Created Momentum. Can The City Turn It Into Long-Term Growth?View all 8 Philadelphia news →Demand vs supplyCENSUS + BLS
Weak demand
DEMAND
Jobs+0.8%
Migration 2025-1.54/1k
SUPPLY
Permits 2025-2.2%
Vacancy 20244.9%
Rent vs buyFREDDIE MAC · WEEKLY
+$1,196/mo
Cheaper to rent than buying
rent $1,567 · own $2,763
$1,567RENT
$2,763OWN
Net migrationCENSUS · 2025
−1.54/1k
▼ Net outflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.