Philadelphia Multifamily Figures Report Q3 2025

Market Overview

‍The multifamily market in the Philadelphia region remained resilient in Q3 2025. Asking rents averaged about $1,780 per unit, up over 2 percent year-over-year, while occupancy held near 94 percent. Absorption was healthy with more than 6,000 units leased year-to-date as new deliveries remained muted, reinforcing a positive balance. Investor confidence is showing signs of return, supported by a stable demand base and limited constrained supply.

‍About CBRE

‍CBRE is a leading global commercial real-estate advisory firm providing research, valuation, leasing and capital-markets services. Their Philadelphia Q3 2025 multifamily report combines detailed metro-level data on rent trends, occupancy, absorption, construction pipeline and transaction activity to help owners, developers and investors assess timing, positioning and market risk. To read the full report, click here.