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Renters in the Philly area have fewer options than in most of the country

Cost and supply are working against renters, some of whom have put home buying plans on hold.

Signs for homes for rent in May 2021 in North Philadelphia, just west of Temple University. This spring, the Philadelphia metropolitan area had one of the lowest rental vacancy rates in the country, meaning renters have few options.
Signs for homes for rent in May 2021 in North Philadelphia, just west of Temple University. This spring, the Philadelphia metropolitan area had one of the lowest rental vacancy rates in the country, meaning renters have few options.Read moreTOM GRALISH / Staff Photographer