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State

City

ZIP codes

Philadelphia, PA · 19101

Listings Sep 12, 2024 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $62K, +2.1% YoY (county); renters hold 48.2% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: median asking rent $2,700 across 1 active rentals (RentCast). The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

679,428

Median Days on Market

Active Listings

New Listings

Housing Market

Rental Market

as of Sep 12, 2024Active Listings

Median Rent

$2,700

n = 1

Rent / Sq Ft

$1.63

n = 1

Median Days on Market

n = 1

Rental Listings

New Listings

Asking rents vs. voucher payment standard

Active rentals · as of Sep 12, 2024 · n = 1

Median asking rent (ZIP)HUD FMR — 40th pct, countyFaded = fewer than 3 listings

Rent range by bedroom

Active rentals · as of Sep 12, 2024 · n = 1

Rent range (min-max)MedianFaded = fewer than 3 listings

Median rent per square foot, by property type

Active rentals · as of Sep 12, 2024 · n = 1

Median rent / sq ftFaded = fewer than 3 listings

Rental supply mix ⓘ

Active rentals · as of Sep 12, 2024 · n = 1

1listings

Townhouse1100.0%

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 748,270

748Kunits

Occupied679,42890.8%

Vacant68,8429.2%

2024 Tenure ⓘ

U.S. Census ACS · n = 679,428

679Koccupied

Owner351,90551.8%

Renter327,52348.2%

Renter Share

48.2%+1.1% YoY

Total Housing Units

748,270+1.2% YoY

FY2026 Fair Market Rent

CountyPhiladelphia County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,397

/month

1 BR

$1,520

/month

2 BR

$1,810

/month

3 BR

$2,170

/month

4 BR

$2,423

/month

FMR trends · Philadelphia County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is down 0.2% to 1,579,706: residents under 18 are down 1.2% and those 65 and over are up 2.2%.

Median Age

35.32024

Population

Philadelphia County Population

1,573,916+0.7% YoY

Households

Total Households

679,428+1.5% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.26-1.3% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 1,579,706

1.6Mresidents

Under 18334,79921.2%

Adults 18–641,012,78964.1%

65 & Over232,11814.7%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

334,799-1.2% YoY

Population 65 & Over

232,118+2.2% YoY

Median Age

35.30+0.6% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house86.5%

Moved (within US)12.6%

Other0.9%

Veterans

3.7%-7.5% YoY

County Economy

County median household income is $62K, 21.4% of residents are below the poverty level, 18.4% work from home.

Income

Median Household Income

$62K+2.1% YoY

Per-Capita Income

$39K+3.3% YoY

Mean Household Income

$90K+2.2% YoY

Poverty

Below Poverty Level

21.4%-2.7% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone46.0%

Public transit16.7%

Worked from home18.4%

Other18.9%

Worked From Home

18.4%+12.2% YoY

Mean Commute

31.70-0.9% YoY

Done with 19101? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Philadelphia, PA · 19101

Listings Sep 12, 2024 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $62K, +2.1% YoY (county); renters hold 48.2% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

679,428

Median Days on Market

Active Listings

New Listings

Housing Market

Rental Market

as of Sep 12, 2024Active Listings

Median Rent

$2,700

n = 1

Rent / Sq Ft

$1.63

n = 1

Median Days on Market

n = 1

Rental Listings

New Listings

Asking rents vs. voucher payment standard

Active rentals · as of Sep 12, 2024 · n = 1

Median asking rent (ZIP)HUD FMR — 40th pct, countyFaded = fewer than 3 listings

Rent range by bedroom

Active rentals · as of Sep 12, 2024 · n = 1

Rent range (min-max)MedianFaded = fewer than 3 listings

Median rent per square foot, by property type

Active rentals · as of Sep 12, 2024 · n = 1

Median rent / sq ftFaded = fewer than 3 listings

Rental supply mix ⓘ

Active rentals · as of Sep 12, 2024 · n = 1

1listings

Townhouse1100.0%

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 748,270

748Kunits

Occupied679,42890.8%

Vacant68,8429.2%

2024 Tenure ⓘ

U.S. Census ACS · n = 679,428

679Koccupied

Owner351,90551.8%

Renter327,52348.2%

Renter Share

48.2%+1.1% YoY

Total Housing Units

748,270+1.2% YoY

FY2026 Fair Market Rent

CountyPhiladelphia County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,397

/month

1 BR

$1,520

/month

2 BR

$1,810

/month

3 BR

$2,170

/month

4 BR

$2,423

/month

FMR trends · Philadelphia County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is down 0.2% to 1,579,706: residents under 18 are down 1.2% and those 65 and over are up 2.2%.

Median Age

35.32024

Population

Philadelphia County Population

1,573,916+0.7% YoY

Households

Total Households

679,428+1.5% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.26-1.3% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 1,579,706

1.6Mresidents

Under 18334,79921.2%

Adults 18–641,012,78964.1%

65 & Over232,11814.7%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

334,799-1.2% YoY

Population 65 & Over

232,118+2.2% YoY

Median Age

35.30+0.6% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house86.5%

Moved (within US)12.6%

Other0.9%

Veterans

3.7%-7.5% YoY

County Economy

County median household income is $62K, 21.4% of residents are below the poverty level, 18.4% work from home.

Income

Median Household Income

$62K+2.1% YoY

Per-Capita Income

$39K+3.3% YoY

Mean Household Income

$90K+2.2% YoY

Poverty

Below Poverty Level

21.4%-2.7% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone46.0%

Public transit16.7%

Worked from home18.4%

Other18.9%

Worked From Home

18.4%+12.2% YoY

Mean Commute

31.70-0.9% YoY

Done with 19101? Put it next to another market.