Marcus & Millichap’s 2015 National Apartment Report cites continuing steady job growth and the formation of new households as the reasons for an increase in apartment demand in the region. Vacancy will remain tight, enabling operators to increase effective rents to an all-time high by year end.

Click the link below to view the full report. Specifics about the Philadelphia market are available on Page 44 of the report.

2015 National Apartment Report