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ZIP Code · PA

ZIP 19027

Pop. 20,420·Montgomery County·64th most expensive ZIP in Pennsylvania
Median rent (all units)
$1,939/mo
Year-over-Year
+8.0%
Month-over-Month
-1.9%
vs US Median
-$26
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 19027 · $1,939
More expensive than 57% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,380
1 BR
$1,500
2 BR
$1,790
3 BR
$2,150
4 BR+
$2,400
Research median
$1,790/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
$23,268/yr
At $1,939/mo median
Location
StatePA
CountyMontgomery County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (8.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+8.0% YoY, -1.9% MoM), not inventory.
Demographics

Who lives here

ZIP 19027 (Elkins Park, PA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 57.8% of residents hold a bachelor's degree or higher.

Population
20,420
Median income
$106,066
Median age
44.8
Renters
35.5%
Age distribution
19.6%
19.3%
24.7%
14.4%
22%
Under 1819.6%
18–3419.3%
35–5424.7%
55–6414.4%
65+22%
Gender
46.6%
53.4%
Male46.6%
Female53.4%
Race & ethnicity
39.6%
40.2%
White39.6%
Black40.2%
Hispanic7.2%
Asian8.9%
Other4.2%
Education (25+)
19%
20.3%
57.8%
No HS diploma2.9%
HS diploma19%
Some college20.3%
Bachelor's+57.8%
Housing tenure
64.5%
35.5%
Owner64.5%
Renter35.5%

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

2021 vs 2026

How ZIP 19027 in Elkins Park, PA has changed in 5 years

Income
$89,484 → $106,066
up 18.5%
Population
19,281 → 20,420
up 5.9%
Renter share
38% → 35.5%
-2.5 pts
Bachelor's+
56.8% → 57.8%
+1.0 pts
Median age
40.8 → 44.8
+4.0 yrs

Census figures show median household income at $106,066 today, compared with $89,484 five years earlier. Census counts show ZIP 19027 in Elkins Park, PA adding about 1,139 residents over the five-year window, up 5.9% on net. The renter share has eased from 38% to 35.5%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

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About renting in ZIP 19027

Last updated: July 20, 2026

ZIP code 19027 covers Elkins Park, PA. The median rent here is $1,939/mo as of July 2026. A 1-bedroom rents for a median of $1,500/mo. A 2-bedroom rents for a median of $1,790/mo.

At 22% of local median household income ($106,066/yr), ZIP 19027 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 19027?

As of July 20, 2026, the median monthly rent in ZIP 19027 (Elkins Park, PA) is $1,939. This is based on aggregated data from public sources and community submissions.

How does ZIP 19027 rent compare to the US average?

ZIP 19027's median rent of $1,939/mo is $26 (1%) below the US national median of $1,965/mo.

How does ZIP 19027 compare to other ZIPs in Pennsylvania?

ZIP 19027 is one of the pricier ZIP codes in Pennsylvania, ranking #64 out of 270 ZIPs tracked at $1,939/mo.

How much income do you need to rent in ZIP 19027?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (~$38/hour full-time) to afford the median rent of $1,939/mo in ZIP 19027. The local median household income is $106,066/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 19027?

Rent in ZIP 19027 has increased 8.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 19027 an affordable place to rent?

ZIP 19027 is considered very affordable for renters. At $1,939/mo, rent takes approximately 22% of the local median household income ($106,066/yr). The standard benchmark is 30%. ZIP 19027 falls comfortably within that range.

What percentage of ZIP 19027 residents rent vs. own?

According to Census data, approximately 35.5% of ZIP 19027 households are renters, while 64.5% are owner-occupied. ZIP 19027 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 19027 compare to the rest of Elkins Park?

ZIP 19027 sits right at the Elkins Park citywide median of $1,939/mo.

When was rent data for ZIP 19027 last updated?

Rent data for ZIP 19027 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,939/mo, rent takes ~22% of ZIP 19027's median household income ($106,066/yr). The standard benchmark is 30%.

ZIP 19027 22%Benchmark 30%
State income tax3.07%
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Schools nearby

Public schools near ZIP 19027 (Elkins Park, PA)

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