Allentown-Bethlehem is the 97th largest multifamily market with 32,344 completed units and 6,706 units in development, 1,177 of which have already broken ground, as of June 2022.
Allentown-Bethlehem Multifamily Market Summary – June 2022
New lease asking rents are at $1,568, up 14.8%▲
from the previous year placing Allentown-
Bethlehem at 31st overall in year-over-year
rent growth.
Allentown-Bethlehem Multifamily Market Summary – May 2022
New lease asking rents are at $1,524, up 13.5%▲
from the previous year placing Allentown-
Bethlehem at 46th overall in year-over-year
rent growth.
Allentown-Bethlehem Multifamily Market Summary – April 2022
New lease asking rents are at $1,504, up 13.9%▲
from the previous year placing Allentown-
Bethlehem at 43rd overall in year-over-year
rent growth.
Allentown-Bethlehem Multifamily Market Summary – March 2022
New lease asking rents are at $1,495, up 14.5%▲
from the previous year placing Allentown-
Bethlehem at 40th overall in year-over-year
rent growth.
Allentown-Bethlehem Multifamily Market Summary – February 2022
New lease asking rents are at $1,478, up 13.3%▲
from the previous year placing Allentown-
Bethlehem at 52nd overall in year-over-year
rent growth.
Allentown-Bethlehem Multifamily Market Summary – January 2022
New lease asking rents are at $1,460, up 12.1%▲
from the previous year placing Allentown-
Bethlehem at 65th overall in year-over-year
rent growth.
Allentown-Bethlehem Multifamily Market Summary – December 2021
New lease asking rents are at $1,432, up 11%▲
from the previous year placing Allentown-
Bethlehem at 64th overall in year-over-year
rent growth.