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City Report · PA

Philadelphia

Pop. 1,579,706·62nd most expensive in Pennsylvania·Rental market data updated monthly for Philadelphia, PA
Median rent (all units)
$1,757/mo
Year-over-Year
+3.4%
Month-over-Month
+0.1%
vs US Median
-$175
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Philadelphia · $1,757
More affordable than 57% of US cities · National median $1,932/mo
Rent Reality Score
52/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Philadelphia's 10-year trend predicts.

Actual rent
$1,757/mo
Expected by trend
$1,776/mo
The Rent Reality Score compares today's median rent to where Philadelphia's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,374
1 BR
$1,514
2 BR
$1,804
3 BR
$2,172
4 BR+
$2,471
Fair Market Rent (HUD)
$1,804/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,757 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 →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in Philadelphia usually run 0.8% below trend in December and 0.8% above it in June, about $28 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in Philadelphia is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Pennsylvania

Rent in Philadelphia changed +3.4% over the year to September 2026. Across the 114 Pennsylvania cities Zillow tracks, the typical change was +3.6%.

Rent vs. income since 2019

From 2019 to 2024, rent in Philadelphia rose 21.2% while median household income rose 34.9% ($45,927 to $61,953). Income kept ahead of rent.

Since before the pandemic

Rent in Philadelphia is 26.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 45 months in a row, and rose in 12 of the last 12 months.

What a typical income covers

30% of the median household income ($61,953) is $1,549 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,514); a 2-bedroom is $1,804.

Spread across ZIP codes

The priciest of 43 ZIP codes in Philadelphia, 19103 ($2,272/mo), costs 1.9 times the cheapest, 19141 ($1,206/mo).

Cheaper nearby

Lansdowne, 5 miles away, rents for 17% less ($1,458/mo), about $3,600 a year in savings.

From Zillow's monthly rent index (ZORI) for Philadelphia. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$21,084/yr
At $1,757/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.4% YoY, +0.1% MoM), not inventory.
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Demographics

Who lives here

Philadelphia, PA is roughly split between renters and owners, has a median income below the national average, 35.4% of residents hold a bachelor's degree or higher.

Population
1,579,706
Median income
$61,953
Median age
35.3
Renters
48.2%
Age distribution
21.2%
28.4%
24.4%
14.7%
Under 1821.2%
18–3428.4%
35–5424.4%
55–6411.3%
65+14.7%
Gender
47.3%
52.7%
Male47.3%
Female52.7%
Race & ethnicity
35.1%
39.4%
15.6%
White35.1%
Black39.4%
Hispanic15.6%
Asian8%
Other2%
Education (25+)
12.2%
29.7%
22.7%
35.4%
No HS diploma12.2%
HS diploma29.7%
Some college22.7%
Bachelor's+35.4%
Housing tenure
51.8%
48.2%
Owner51.8%
Renter48.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Philadelphia, PA has changed in 5 years

Rent
$1,407 → $1,757
up 24.9%
Income
$52,649 → $61,953
up 17.7%
Population
1,596,865 → 1,579,706
down 1.1%
Renter share
47.6% → 48.2%
+0.6 pts
Bachelor's+
32.5% → 35.4%
+2.9 pts
Median age
34.8 → 35.3
+0.5 yrs

Five years ago, renters in Philadelphia, PA paid around $1,407 a month. That figure now sits near $1,757, up 24.9% from the 2021 baseline. Census figures show median household income at $61,953 today, compared with $52,649 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Philadelphia, PA losing about 17,159 residents over the five-year window, down 1.1% on net. Bachelor's-degree-or-higher attainment moved from 32.5% to 35.4% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about Philadelphia

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View Philadelphia rent history (2015–2026) →
Salary vs rent

Can you afford rent in Philadelphia on your salary?

At $1,757/mo, how Philadelphia rent compares to typical pay (30% rule).

By apartment size

Philadelphia rent by bedroom count

Median rent for each apartment size in Philadelphia. Click any size for full breakdown.

Local insights

Tips for renters in Philadelphia

About renting in Philadelphia, PA

Last updated: October 17, 2026

The median rent in Philadelphia is $1,757/mo as of October 2026. A studio apartment averages $1,374/mo while a 2-bedroom runs $1,804/mo. One-bedroom apartments average $1,514/mo and 3-bedroom units go for $2,172/mo.

At 34% of local median household income ($61,953/yr), Philadelphia ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Philadelphia?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (about $34/hour full-time) to afford the median rent of $1,757/mo in Philadelphia. The local median household income is $61,953/yr, so the typical household falls short of that bar.

Is rent going up or down in Philadelphia?

Rent in Philadelphia has risen 3.4% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in Philadelphia?

Asking rents in Philadelphia are usually lowest in December, about 0.8% below their yearly trend, and highest in June, about 0.8% above it. At today's median that is a gap of roughly $28 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in Philadelphia?

No. From 2019 to 2024, rent in Philadelphia rose 21.2% while median household income rose 34.9%, from $45,927 to $61,953. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Philadelphia neighborhoods have the lowest rent?

The most affordable ZIP codes in Philadelphia are 19141 ($1,206/mo), 19124 ($1,275/mo), and 19126 ($1,338/mo). Citywide, the median rent is $1,757/mo.

How does Philadelphia rent compare to other cities in Pennsylvania?

Philadelphia is in the middle among Pennsylvania cities for rent, ranking #62 of 161 tracked cities at $1,757/mo. Over the year to September 2026, rent in Philadelphia changed +3.4%, against a typical +3.6% across the 114 Pennsylvania cities Zillow tracks.

Which nearby cities are cheaper to rent in than Philadelphia?

Nearby cities with lower median rent than Philadelphia ($1,757/mo) include Darby ($1,413/mo), Lansdowne ($1,458/mo), and Gloucester City ($1,741/mo).
Income Affordability
34%
MODERATE

At $1,757/mo, rent takes ~34% of Philadelphia's median household income ($61,953/yr). The standard benchmark is 30%.

Philadelphia 34%Benchmark 30%
State income tax3.07%
Run the Philadelphia affordability calculator →
Lowest-rent ZIP codes in Philadelphia
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Philadelphia, PA

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