Philadelphia, PA Multifamily Properties for Lease
- Stroudsburg, PA
- Camden, NJ
- Collingswood, NJ
- Haddon Township, NJ
- Gloucester City, NJ
- Audubon, NJ
- Bala Cynwyd, PA
- Oaklyn, NJ
Philadelphia, PA Multifamily properties Lease Rates & Market Statistics
Explore 83 Multifamily properties for lease in Philadelphia, PA on Realmo, a commercial real estate exchange covering the Philadelphia area. The current inventory totals 273,078 square feet of properties — an average of ~3,300 SF per listing.
Asking lease rates for Multifamily properties in Philadelphia start at $25 SF/Yr, average $42.50 SF/Yr, and reach $60 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $42.50 SF/Yr is 35% above the Pennsylvania state average of $31.50 SF/Yr.
Multifamily properties make up 58% of the 142 Residential income properties currently for lease in Philadelphia, with asking rates in line with the citywide Residential income properties average. Also worth a look for tenants weighing alternatives: Other residential income properties (59 listings) elsewhere in the Philadelphia market.
