Philadelphia's newest apartment buildings continue to face challenges in raising rents due to the current oversupply of modern units. Multifamily properties constructed since 2020 are nearing a full year of lowering rent, a big shift from their steady increases in prior years.
Philadelphia’s newest apartment buildings struggle to raise rents
Premium apartments approach a full year of declining rents amid a glut of new units
CoStar Analytics
August 15, 2025 | 7:38 P.M.
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