Real Estate
These Are The Hottest Rental Markets in PA, New Analysis Says
Suburban Philadelphia ranks as the second-hottest rental market in the Northeast and fifth nationwide. See other market ranks here.
PENNSYLVANIA — Suburban Philadelphia has the fifth-most competitive market for apartment hunters nationwide so far in 2025, according to a new report that ranked the country's hottest rental markets.
Rent Cafe, a website connecting renters and property managers, said its ranking of the hottest rental markets nationwide revealed 10 of the top 20 most competitive metros are located in the Midwest, which appeals to remote workers who are seeking affordability and more space.
Suburban Philadelphia ranks as the second-hottest rental market in the Northeast and fifth nationwide, with an occupancy rate of 94.9 percent, has a competitive score of 85.3. Apartments are typically vacant for about 44 days before they are snapped up.
Find out what's happening in Across Pennsylvaniafor free with the latest updates from Patch.
No other Pennsylvania cities were in the top 20 large rental markets.
Here’s the full list of the hottest metro markets:
Find out what's happening in Across Pennsylvaniafor free with the latest updates from Patch.
- Miami
- Suburban Chicago
- North Jersey, New Jersey
- Lansing-Ann Arbor, Michigan
- Suburban Philadelphia
- Grand Rapids, Michigan
- Cincinnati
- Omaha, Nebraska
- Bridgeport-New Haven, Connecticut
- Milwaukee
- Suburban Twin Cities, Minnesota/Wisconsin
- Detroit
- Broward County, Florida
- Orange County, California
- Kansas City, Missouri
- Silicon Valley, California
- Eastern Los Angeles
- Chicago
- Orlando, Florida
- Eastern Virginia
Apartment hunters in small markets are feeling similar pressure to secure a place, Rent Cafe said. In this category, Lehigh Valley was No. 2 on the small rental market list, and Harrisburg was No. 6 on the same list.
Lehigh Valley touts a 96.5 percent occupied rate, and an average 38-day apartment vacancy. In Harrisburg, 95.6 percent of apartments are occupied, and apartments spend an average og 41 days vacant before renters move in.
The top 20 small markets are:
- Fayetteville, Arkansas
- Lehigh Valley, Pennsylvania
- Lafayette, Indiana
- Providence, Rhode Island
- Little Rock, Arkansas
- Harrisburg, Pennsylvania
- Youngstown, Ohio
- Boise, Idaho
- Jackson, Mississippi
- Worcester-Springfield, Massachusetts
- Rochester, New York
- Dayton, Ohio
- Madison, Wisconsin
- South Bend, Indiana
- Knoxville, Tennessee
- Toledo, Ohio
- Amarillo, Texas
- Palm Beach County, Florida
- Lubbock, Texas
- Fayetteville, North Carolina
Rent Cafe ranked the markets on five key metrics for rental competitiveness:
- The number of days apartments were vacant;
- The percentage of apartments that were occupied by renters;
- The number of prospective renters competing for an apartment;
- The percentage of renters who renewed their leases; and
- The share of new apartments completed recently.
Rent Cafe said that many people are exploring new housing options that better meet their needs — whether they’re chasing career goals in major urban hubs, seeking a quieter life in a smaller city or suburb, or looking for a fresh start in a new neighborhood.
Rent Cafe said key takeaways of the analysis are:
- Given the competitiveness for apartments nationwide, more renters are staying put.
- Suburban Chicago’s No. 2 ranking in large markets cements the Midwest’s appeal for renters who are seeking affordability without sacrificing convenience.
- California’s Inland Empire is the top-trending rental market after a 9.5-point jump in its competitive index since early 2024, with the state’s East Bay also growing hotter (up 7.6 points). Manhattan, New York, landed between the two (up 8.2 points).
- With only 3 percent of units available, Fayetteville, Arkansas — the hottest small rental market — sees vacant apartments fill up in a record 22 days.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.