September 3, 2025
Matrix Multifamily Philadelphia Report-August 2025
Philly Maintains Momentum
Advertised asking rents in Philadelphia were up 0.3 percent on a T3 basis, to $1,838, 10 bps above the national average. Developers brought 2,123 units online through June, 0.6 percent of existing stock and 80 bps below the U.S. figure.
Sign up to download
Recent reports
-
Matrix Multifamily National Report – September 2026
Multifamily performance mixed heading into final stretch
-
Matrix Single-Family Rental National Report – September 2026
Matrix Single Family Rental Report – September 2026
-
Matrix Industrial National Report – September 2026
Headwinds threaten post-supply boom equilibrium