{"id":10426,"date":"2025-12-26T06:55:00","date_gmt":"2025-12-26T06:55:00","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=10426"},"modified":"2026-06-11T07:02:57","modified_gmt":"2026-06-11T07:02:57","slug":"philadelphia-multifamily-market-report-december-2025","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/philadelphia-multifamily-market-report-december-2025\/","title":{"rendered":"Philadelphia Multifamily Market Report \u2013 December 2025"},"content":{"rendered":"\n<p class=\"has-normal-font-size\">Read the latest Yardi Matrix <strong><a href=\"\/blog\/philadelphia-multifamily-market-report\/\">Philadelphia&nbsp;Multifamily Market Report<\/a><\/strong>.<\/p>\n\n\n<hr \/>\n<h2>Rents Slow Down, Occupancy Still Strong<\/h2>\n<p>Philadelphia\u2019s average advertised asking rent inched up 0.1% on a trailing three-month basis through October, to $1,840, while the U.S. average ticked down 0.2%, to $1,743, according to the latest Yardi Matrix Philadelphia multifamily market report. Year-over-year, Philadelphia rents were up 2.2%. The uptick secured Philadelphia as the best-performing metro in the Mid-Atlantic region and placed it in sixth position among the top 30 major markets tracked by Yardi Matrix. Following two years of outstanding supply growth, Philadelphia\u2019s average occupancy clocked in at 95.6% in September, above the 94.7% national rate, as\u00a0reported in the <a href=\"\/blog\/national-multifamily-market-report\/\" rel=\"\"><strong>U.S. multifamily report<\/strong><\/a>.<\/p>\n<p><iframe id=\"datawrapper-chart-iMwjT\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Philadelphia vs. National Rent Growth\" src=\"https:\/\/datawrapper.dwcdn.net\/iMwjT\/1\/\" height=\"341\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Line chart\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">window.addEventListener(\"message\",function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[\"datawrapper-height\"][t]+\"px\";r.style.height=d}}});<\/script><\/p>\n<p>Employment growth picked up, at 1.4% year-over-year through August, 60 basis points above the U.S. figure. Over the 12-month period ending in August, Philadelphia added 61,600 net jobs. Education and health services led gains, with 38,800 positions added. The area\u2019s unemployment rate stood at 5.1%, 80 basis points above the U.S. average, according to preliminary data from the Bureau of Labor Statistics. An upcoming 1.4 million square-foot warehouse in the Bellwether District could potentially add new jobs to the market, as the project has now received zoning approval.<\/p>\n<p><iframe id=\"datawrapper-chart-8fPdR\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Philadelphia Employment Share by Sector\" src=\"https:\/\/datawrapper.dwcdn.net\/8fPdR\/1\/\" height=\"417\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Table\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">window.addEventListener(\"message\",function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[\"datawrapper-height\"][t]+\"px\";r.style.height=d}}});<\/script><\/p>\n<p>Developers completed 6,065 units, or 1.6% of existing stock, across the metro in the first 10 months of this year, 100 basis points below the U.S. figure. Investors slowed down, as Philadelphia registered $760 million in multifamily transactions, down 17.4% year-over-year.<\/p>\n<p>Read the full Yardi Matrix Philadelphia Multifamily Market Report: <a href=\"https:\/\/www.yardimatrix.com\/publications\/download\/file\/8103-MatrixMultifamilyPhiladelphiaReport-December2025\" rel=\"\"><strong>December 2025<\/strong><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Rents Slow Down, Occupancy Still Strong Philadelphia\u2019s average advertised asking rent inched up 0.1% on a trailing three-month basis through October, to $1,840, while the U.S. average ticked down 0.2%, to $1,743, according to the latest Yardi Matrix Philadelphia multifamily market report. Year-over-year, Philadelphia rents were up 2.2%. The uptick secured Philadelphia as the best-performing [&hellip;]<\/p>\n","protected":false},"author":436,"featured_media":9829,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12,5,4],"tags":[513,119],"class_list":["post-10426","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metro-reports","category-multifamily-market","category-real-estate-trends","tag-multifamily-outlook-2025","tag-philadelphia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Philadelphia Multifamily Market Report \u2013 December 2025 - Yardi Matrix Blog<\/title>\n<meta name=\"description\" content=\"Average advertised asking rents were up a modest 0.1 percent on a T3 basis through October, to $1,840 and 30 bps above the national average.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yardimatrix.com\/blog\/philadelphia-multifamily-market-report-december-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Philadelphia Multifamily Market Report \u2013 December 2025\" \/>\n<meta property=\"og:description\" content=\"Average advertised asking rents were up a modest 0.1 percent on a T3 basis through October, to $1,840 and 30 bps above the national average.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardimatrix.com\/blog\/philadelphia-multifamily-market-report-december-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Matrix Blog\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-26T06:55:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-11T07:02:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2025\/09\/Philadelphia-iStock-2245021791-MHN.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adina Rogoz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Madalina Pojoga\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Philadelphia Multifamily Market Report \u2013 December 2025 - 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