University City / Schuylkill Yards is a trophy-tier Philadelphia submarket with average asking rent around $50/sqft/yr.

• Average asking rent: $50/sqft/yr.
• Tier: trophy.
• Citywide Class A rent context: $38/sqft/yr ($38 USD).
• Citywide vacancy: 21.6% — submarket-level availability is typically tighter at trophy tier.

TL;DR

• Average asking rent: $50/sqft/yr.
• Tier: trophy.
• Citywide Class A rent context: $38/sqft/yr ($38 USD).
• Citywide vacancy: 21.6% — submarket-level availability is typically tighter at trophy tier.

Where rent sits

University City / Schuylkill Yards averages around $50/sqft/yr for Class A, against a citywide Class A index of 38. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

Life sciences and tech corridor. Life sciences, biotech, healthcare, academic research, tech.

Key facts

Frequently asked questions

What is the average Class A rent in University City / Schuylkill Yards, Philadelphia?

Around $50/sqft/yr. The citywide Class A index sits at $38/sqft/yr.

Related

• University City / Schuylkill Yards — submarket overview
• Philadelphia — full city profile
• Philadelphia submarkets — all
• University City / Schuylkill Yards — Tenants
• University City / Schuylkill Yards — Transit
• University City / Schuylkill Yards — Amenity
• University City / Schuylkill Yards — Buildings

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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