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ZIP Code · PA

ZIP 18940

Part of Newtown, PA
Pop. 29,626·Bucks County·3rd most expensive ZIP in Pennsylvania
Median rent (all units)
$2,787/mo
Year-over-Year
+6.9%
Month-over-Month
-2.4%
vs US Median
+$822
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 18940 · $2,787
More expensive than 86% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,090
1 BR
$2,280
2 BR
$2,710
3 BR
$3,250
4 BR+
$3,630
Research median
$2,710/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$33,444/yr
At $2,787/mo median
Location
StatePA
CountyBucks County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (6.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+6.9% YoY, -2.4% MoM), not inventory.
Demographics

Who lives here

ZIP 18940 (Newtown, PA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 65.6% of residents hold a bachelor's degree or higher.

Population
29,626
Median income
$157,414
Median age
45.9
Renters
14%
Age distribution
22.2%
12.4%
27.2%
14.8%
23.5%
Under 1822.2%
18–3412.4%
35–5427.2%
55–6414.8%
65+23.5%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
80.1%
White80.1%
Black1.1%
Hispanic4.5%
Asian8.7%
Other5.5%
Education (25+)
13.5%
17.7%
65.6%
No HS diploma3.1%
HS diploma13.5%
Some college17.7%
Bachelor's+65.6%
Housing tenure
86%
14%
Owner86%
Renter14%

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

2021 vs 2026

How ZIP 18940 in Newtown, PA has changed in 5 years

Income
$145,141 → $157,414
up 8.5%
Population
29,664 → 29,626
down 0.1%
Renter share
15.2% → 14%
-1.2 pts
Bachelor's+
66.5% → 65.6%
-0.9 pts

On the earnings side, the typical household in ZIP 18940 in Newtown, PA now reports about $157,414, up from $145,141 in 2021.

Community

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Local insights

Tips for renters in ZIP 18940

About renting in ZIP 18940

Last updated: July 20, 2026

ZIP code 18940 covers Newtown, PA. The median rent here is $2,787/mo as of July 2026. A 1-bedroom rents for a median of $2,280/mo. A 2-bedroom rents for a median of $2,710/mo.

At 21% of local median household income ($157,414/yr), ZIP 18940 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 18940?

As of July 20, 2026, the median monthly rent in ZIP 18940 (Newtown, PA) is $2,787. This is based on aggregated data from public sources and community submissions.

How does ZIP 18940 rent compare to the US average?

ZIP 18940's median rent of $2,787/mo is $822 (42%) above the US national median of $1,965/mo.

How does ZIP 18940 compare to other ZIPs in Pennsylvania?

ZIP 18940 is one of the pricier ZIP codes in Pennsylvania, ranking #3 out of 270 ZIPs tracked at $2,787/mo.

How much income do you need to rent in ZIP 18940?

To keep rent at or below 30% of gross income, you would need to earn at least $111,000/year (~$53/hour full-time) to afford the median rent of $2,787/mo in ZIP 18940. The local median household income is $157,414/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 18940?

Rent in ZIP 18940 has increased 6.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 18940 an affordable place to rent?

ZIP 18940 is considered very affordable for renters. At $2,787/mo, rent takes approximately 21% of the local median household income ($157,414/yr). The standard benchmark is 30%. ZIP 18940 falls comfortably within that range.

What percentage of ZIP 18940 residents rent vs. own?

According to Census data, approximately 14% of ZIP 18940 households are renters, while 86% are owner-occupied. ZIP 18940 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 18940 compare to the rest of Newtown?

ZIP 18940 sits right at the Newtown citywide median of $2,787/mo.

When was rent data for ZIP 18940 last updated?

Rent data for ZIP 18940 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $2,787/mo, rent takes ~21% of ZIP 18940's median household income ($157,414/yr). The standard benchmark is 30%.

ZIP 18940 21%Benchmark 30%
State income tax3.07%
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Schools nearby

Public schools near ZIP 18940 (Newtown, PA)

Recent submissions

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