At $1,691/mo, rent takes about 16% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,691 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Elkins Park changed +5.8% over the year to September 2026. Across the 114 Pennsylvania cities Zillow tracks, the typical change was +3.6%.
Rent has risen 3 months in a row, and rose in 6 of the last 12 months.
30% of the median household income ($129,852) is $3,246 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,410).
Upper Darby, 11 miles away, rents for 20% less ($1,351/mo), about $4,100 a year in savings.
From Zillow's monthly rent index (ZORI) for Elkins Park. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Elkins Park, PA is majority owner-occupied, has a large retiree population, has a median income above the national average, 71.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Elkins Park, PA has changed in 5 years
Median household income grew from $111,826 to $129,852 between 2021 and 2024, a 16.1% shift. Headcount in the area went from 6,805 to 7,213 between 2021 and 2024, a 6.0% change. About 19.8% of households rent today, against 24.6% in 2021.
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Can you afford rent in Elkins Park on your salary?
At $1,691/mo, how Elkins Park rent compares to typical pay (30% rule).
Elkins Park rent by bedroom count
Median rent for each apartment size in Elkins Park. Click any size for full breakdown.
Tips for renters in Elkins Park
Last updated: October 17, 2026
The median rent in Elkins Park is $1,691/mo as of October 2026. A studio apartment averages $1,340/mo while a 2-bedroom runs $1,760/mo. One-bedroom apartments average $1,480/mo and 3-bedroom units go for $2,120/mo.
At 16% of local median household income ($129,852/yr), Elkins Park ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.8% over the past year.
Frequently asked questions
How much income do you need to rent in Elkins Park?
Is rent going up or down in Elkins Park?
How does Elkins Park rent compare to other cities in Pennsylvania?
Which nearby cities are cheaper to rent in than Elkins Park?
At $1,691/mo, rent takes ~16% of Elkins Park's median household income ($129,852/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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