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Philadelphia’s Tight Suburbs Keep Lid on Apartment Concessions

Growing Population Further Bolsters Renter Demand
CoStar Analytics
June 10, 2024 | 8:49 P.M.

The percentage of suburban Philadelphia apartments offering rental concessions has hit the lowest level since the end of 2022. This follows a stretch of strong renter demand in the first half of 2024, resulting in fewer property managers offering concessions amid the spring leasing season.

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