Philadelphia\u2019s average advertised asking rent increased 0.3%, on a trailing three-month basis through June, to $1,869. The metro outperformed the national average, which was up 0.2% to $1,763, according to the latest Yardi Matrix Philadelphia multifamily market report. On a year-over-year basis, the metro\u2019s average rose 1.6%, on par with Detroit and just behind New York City, San Francisco, Chicago, Kansas City and the Twin Cities, and well above the national figure, which increased 0.2%, as reported in the U.S. multifamily report<\/strong><\/a>. Philadelphia\u2019s occupancy rate was 95.4% as of May, surpassing the national average of 94.1%.<\/p>\n\n\n