Philadelphia apartment renters most likely to relocate to Allentown, survey says
Philadelphia apartment renters are most likely to relocate to Allentown over other cities in the state, according to a national survey released today by Apartment List . Allentown’s job market and its more affordable housing and quality of life are likely factors, according to the survey. While rent in Philadelphia is more affordable than similar cities across the country, its median rent for a two-bedroom apartment is $1,160, compared to $1,100 in Allentown, according to a separate study by Apartment List , an online apartment rental marketplace . Nationwide, rents have grown by 2.9 percent over the past year. To better understand trends in renter mobility, Apartment List studied data from its annual survey of 24,000 renters to determine where renters are most likely to relocate to outside and within a state. Outside Pennsylvania, Philadelphia apartment renters are most likely to relocate to Washington, D.C., the survey said. “Renters are traditionally more mobile than homeowners,...
