According to Hapco Philadelphia’s partners at RentCafe.com, the City of Brotherly Love was a shining star in March.

It ranked 11th among the most coveted rental hubs in the nation thanks to a consistent interest from renters looking to relocate here. Their intention was reflected in the more than double increase in views on Philadelphia listings and the 18% drop in available rentals.

About the report: In RentCafe’s monthly rental activity report, they highlight the U.S. cities that attracted the most attention from apartment hunters. To compile this report, they analyzed RentCafe’s website traffic data for listings in the 150 largest U.S. cities, shedding light on renters’ intent and preferences.

Get The March Rental Report

You can also check out the metrics that contributed to Philadelphia’s performance in March:

  • Views of Philadelphia rental properties have more than doubled compared to one year ago (up 142%), indicating sustained renter interest.
  • Apartment hunters saved 47% more personalized searches than they did this time last year.
  • Moreover, the 18% drop in the share of available listings in the city reflects the enduring appeal of Philadelphia’s rental market for apartment seekers.
  • Despite a drop in its ranking compared to February 2024 (when it secured 7th spot), Philadelphia remained highly sought-after for renters, keeping its place among the top 30 cities in the report.
  • Who’s eyeing Philadelphia apartments? Apart from locals, a significant portion of apartment seekers looking to rent in the city are current residents of New York, Boston, and Chicago.