What is the rental vacancy rate in Philadelphia, PA?
The rental vacancy rate in Philadelphia, PA is 5.4% (±0.4 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.1% (±0.2 points).
68,842 (±2,623) homes, 9.2% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Philadelphia, the rental vacancy rate went from 6.1% in 2015–2019 to 5.4% in 2020–2024 (−0.7 percentage points), a measurable decrease.
Figures last updated on .
- Rental vacancy rate
- 5.4% (±0.4 points)
- Homeowner vacancy rate
- 1.1% (±0.2 points)
- Vacant homes
- 68,842 (±2,623)
Vacancy in Philadelphia against Philadelphia County, its state and the nation
| Philadelphia | Philadelphia County | Pennsylvania | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 5.4% (±0.4 points) | 5.4% (±0.4 points) | 4.9% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 1.1% (±0.2 points) | 1.1% (±0.2 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 68,842 (±2,623) | 68,842 (±2,623) | 531,599 (±8,998) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Philadelphia, the rental vacancy rate is not measurably different from Philadelphia County (5.4%).
It is also higher than in Pennsylvania (4.9%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Philadelphia
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Philadelphia | — | 5.4% (±0.4 points) | — |
| Oak Lane | 3.4 mi | 0.0% (±21.3 points) | Not measurably different |
| Melrose Park | 3.8 mi | 0.0% (±20.3 points) | Not measurably different |
| Cheltenham Village | 4.3 mi | 8.4% (±15.1 points) | Not measurably different |
| Elkins Park | 4.7 mi | 0.0% (±5.2 points) | Lower |
| Cheltenham Township | 4.8 mi | 4.0% (±3.3 points) | Not measurably different |
| Pennsauken Township | 4.9 mi | 4.9% (±3.4 points) | Not measurably different |
| Bala Cynwyd | 5.0 mi | 7.0% (±6.9 points) | Not measurably different |
| Palmyra Borough | 5.2 mi | 0.0% (±4.5 points) | Lower |
Nearby places with a measurably lower figure: Elkins Park, PA (0.0%), Palmyra Borough, NJ (0.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Philadelphia
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Philadelphia, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Philadelphia beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Philadelphia, and send estimates and invoices from your phone.
Questions about Philadelphia
Is it hard to find a rental in Philadelphia?
The rental vacancy rate in Philadelphia, PA is 5.4% (±0.4 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Philadelphia tighter than it was?
In Philadelphia, the rental vacancy rate went from 6.1% in 2015–2019 to 5.4% in 2020–2024 (−0.7 percentage points), a measurable decrease.
How many homes are vacant in Philadelphia?
An estimated 68,842 (±2,623) housing units, 9.2% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Philadelphia city, Pennsylvania
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Philadelphia city, Pennsylvania
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Philadelphia city, Pennsylvania (place:60000, in state:42).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Philadelphia at a glance
- Median rent in Philadelphia
- Rent by bedrooms in Philadelphia
- Rent burden in Philadelphia
- Renters and owners in Philadelphia
- Income and affordability in Philadelphia
- Home values in Philadelphia
- Homeowner costs in Philadelphia
- Property taxes in Philadelphia
- Types of homes in Philadelphia
- Bedrooms in Philadelphia
- Age of homes in Philadelphia
- Heating fuel in Philadelphia
- Commute and cars in Philadelphia
- Crime reported to police in Philadelphia
- Population growth in Philadelphia
- How long people stay in Philadelphia
- Crowding and facilities in Philadelphia
- Fair Market Rent in Philadelphia
- Local landlord and tenant rules in Philadelphia
- Pennsylvania landlord and tenant rules
- Housing across Philadelphia County
- Pennsylvania places ranked by rental vacancy rate
- Housing data for every place in Pennsylvania