Despite Philadelphia City Council’s seeming desire to put rental and investment property owners out of business, HAPCO Philadelphia is somewhat heartened by a new rental market study just out.

RentCafe.com tracks the nation’s rental market health and trends and finds Philly’s is still doing okay.

Philadelphia ranks 19th nationwide, surpassing much bigger Northeastern hubs such as the Queens, NY or Manhattan

 

Here’s what pushed Philadelphia high on the list:

  • Philadelphia listings added to favorites more than quadrupled compared to this time last year. 
  • Saved personalized searches for Philadelphia apartments doubled, which indicated a growing interest in finding a home in the city.