# Center City East, Philadelphia — Class A submarket

> Center City East is a prime-tier Class A submarket of Philadelphia with average asking rent around $46/sqft/yr.

**Canonical URL:** https://classa.info/cities/philadelphia/center-city-east
**Page type:** neighborhood
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Avenue of the Arts trophy stock.
- Prime tier — ~$46/sqft/yr.
- Active Class A leasing market with deal flow across major broker desks.

## Key facts
- **city**: Philadelphia
- **neighborhood**: Center City East
- **tier**: prime
- **averageRentLocal**: $46/sqft/yr

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Citation: Source: Class A Atlas (https://classa.info/cities/philadelphia/center-city-east), updated 2026-04-15T00:00:00.000Z.