Center City West (trophy, ~$54/sqft/yr) is one of 5 Philadelphia Class A submarkets we track.
Center City West (trophy, ~$54/sqft/yr) is one of 5 Philadelphia Class A submarkets we track.
**Center City East** (prime, $46/sqft/yr) — Avenue of the Arts trophy stock. **University City / Schuylkill Yards** (trophy, $50/sqft/yr) — Life sciences and tech corridor. **Navy Yard** (prime, $42/sqft/yr) — Master-planned campus on the Delaware. **King of Prussia & Conshohocken** (established, $32/sqft/yr) — Suburban trophy belt along I-76.
| city | Philadelphia |
|---|---|
| submarket | Center City West |
| tier | trophy |
| averageRentLocal | $54/sqft/yr |
| cityClassARentUsd | $38/sqft/yr |
| cityVacancyPct | 21.6% |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.