Rents in the Philadelphia-Camden-Wilmington metro are easing as 2025 comes to a close, offering renters some relief after a long stretch of elevated costs.
The Realtor.com® November 2025 Rental Report shows that asking rents are now lower than they were a year ago, placing the region firmly within the national rental cooldown.
While prices are moving in a renter-friendly direction, affordability remains a persistent challenge.
Philadelphia rents fall, but affordability pressures remain intense
The metro that covers major cities like Philadelphia, PA, Camden, NJ, and Wilmington, NC posted a 1.5% year-over-year decline in median asking rent for 0- to 2-bedroom units in November…