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Philadelphia Property Management

Earn more and stress less with all the tools + expert services you need to manage your rental property in Philadelphia.

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Guaranteed Rent Estimate Software
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$250M+

Total rent guaranteed

10,000+

Owners served

Philadelphia rental market

What Nomad homes rent for in Philadelphia

$2,725

Median rent, 3-bed

21 days

Median time to lease

Median rent achieved and median time from listing to signed lease, for homes leased through Nomad in the Philadelphia metro area over the last three years.

About Nomad

Nomad makes it easy to rent your Philadelphia long-term property and provides financial certainty with guaranteed rent and $500k in property protection. With flexible marketing services, you can choose how involved you want to be in marketing the property and finding tenants. Plus, all owners get access to the owner’s portal where you can track earnings, manage maintenance requests and more!

Renting in Philadelphia

Philadelphia's housing is mostly rowhouses: only about 9% of homes are single-family detached, per the U.S. Census Bureau's 2020–2024 American Community Survey, and about 48% of occupied homes are rented. The city's rental license matters more than most. It's renewed every year, and an owner without a valid license can't collect rent or evict for the period they were unlicensed. Homes built before 1978 need lead certification from a certified inspector to get the license, and half the city's homes were built before 1950. Since July 2026, owners who don't live in Philadelphia must also name a local agent with a physical Philadelphia address.

Pennsylvania rules every landlord should know

Security deposit limit
2 months' rent in the first year of the lease, 1 month's rent from the second year on
Deposit return deadline
30 days after the lease ends or the tenant moves out, whichever comes first. The tenant must give a forwarding address in writing
Late fee limit
No statutory limit
Notice before entering
No statutory requirement
Notice to end a month-to-month lease
15 days in writing, unless the lease sets a shorter period or waives notice

Reviewed October 2026. General information, not legal advice.

“Excellent experience with Nomad! The Nomad team made the entire leasing process effortless — from the photo shoot and listing to finding a great tenant. They were responsive, professional and always just an email or text away. The results were impressive: 18 inquiries, 8 showings, multiple applications and a signed lease within 24 hours of the first showing.”

Jayapaul K.

Pennsylvania · since 2026

Property management in Philadelphia: common questions

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Nomad proudly serves owners in Pennsylvania.

Allentown, Philadelphia, Pittsburgh

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