Scranton-Wilkes-Barre is the 119th largest multifamily market with 12,409 completed units and 497 units in development, 127 of which have already broken ground, as of January 2022.
Scranton-Wilkes-Barre Multifamily Market Summary – January 2022
New lease asking rents are at $1,346, up 13%▲
from the previous year placing Scranton-Wilkes-
Barre at 57th overall in year-over-year rent growth..
Scranton-Wilkes-Barre Multifamily Market Summary – December 2021
New lease asking rents are at $1,312, up 10.5%▲
from the previous year placing Scranton-Wilkes-
Barre at 70th overall in year-over-year rent growth.
