ZIP Code · PA

ZIP 19027

Pop. 20,420·Montgomery County·102nd most expensive ZIP in Pennsylvania
Median rent (all units)
$1,691/mo
Year-over-Year
+5.6%
Month-over-Month
+1.6%
vs US Median
-$241
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 19027 · $1,691
More affordable than 59% of US ZIP codes · National median $1,932/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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Pennsylvania

Rent in ZIP 19027 changed +5.6% over the year to September 2026. Across the 205 Pennsylvania ZIP codes Zillow tracks, the typical change was +3.8%.

Recent direction

Rent has risen 3 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($106,066) is $2,652 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,400).

Cheaper nearby

ZIP 19126, 1 mile away, rents for 21% less ($1,338/mo), about $4,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 19027. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$20,292/yr
At $1,691/mo median
Location
StatePA
CountyMontgomery County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.6% YoY, +1.6% 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: October 17, 2026

ZIP code 19027 covers Elkins Park, PA. The median rent here is $1,691/mo as of October 2026. A 1-bedroom rents for a median of $1,500/mo. A 2-bedroom rents for a median of $1,790/mo.

At 19% of local median household income ($106,066/yr), ZIP 19027 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.6% over the past year.

FAQ

Frequently asked questions

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 $68,000/year (about $33/hour full-time) to afford the median rent of $1,691/mo in ZIP 19027. The local median household income is $106,066/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 19027?

Rent in ZIP 19027 has risen 5.6% over the past year.

How does ZIP 19027 compare to other ZIPs in Pennsylvania?

ZIP 19027 is in the middle among Pennsylvania ZIP codes for rent, ranking #102 of 261 at $1,691/mo. Over the year to September 2026, rent in ZIP 19027 changed +5.6%, against a typical +3.8% across the 205 Pennsylvania ZIP codes Zillow tracks.

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

ZIP 19027 sits right at the Elkins Park citywide median of $1,691/mo.
Income Affordability
19%
VERY AFFORDABLE

At $1,691/mo, rent takes ~19% of ZIP 19027's median household income ($106,066/yr). The standard benchmark is 30%.

ZIP 19027 19%Benchmark 30%
State income tax3.07%
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Schools nearby

Public schools near ZIP 19027 (Elkins Park, PA)

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