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ZIP Code · PA

ZIP 19116

Pop. 33,654·Philadelphia County·80th most expensive ZIP in Pennsylvania
Median rent (all units)
$1,850/mo
Year-over-Year
Stable
Month-over-Month
-0.9%
vs US Median
-$115
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 19116 · $1,850
More expensive than 52% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,200
1 BR
$1,310
2 BR
$1,560
3 BR
$1,870
4 BR+
$2,090
Research median
$1,560/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
$22,200/yr
At $1,850/mo median
Location
StatePA
CountyPhiladelphia County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, -0.9% MoM), not inventory.
Demographics

Who lives here

ZIP 19116 (Philadelphia, PA) is majority owner-occupied, has a large retiree population, 35.9% of residents hold a bachelor's degree or higher.

Population
33,654
Median income
$67,535
Median age
45.9
Renters
38.6%
Age distribution
20.8%
14.2%
26.5%
15.1%
23.4%
Under 1820.8%
18–3414.2%
35–5426.5%
55–6415.1%
65+23.4%
Gender
48.9%
51.1%
Male48.9%
Female51.1%
Race & ethnicity
64.8%
19.5%
White64.8%
Black5.8%
Hispanic5.3%
Asian19.5%
Other4.6%
Education (25+)
31.3%
22.2%
35.9%
No HS diploma10.6%
HS diploma31.3%
Some college22.2%
Bachelor's+35.9%
Housing tenure
61.4%
38.6%
Owner61.4%
Renter38.6%

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

2021 vs 2026

How ZIP 19116 in Philadelphia, PA has changed in 5 years

Income
$59,390 → $67,535
up 13.7%
Population
33,573 → 33,654
up 0.2%
Renter share
42.8% → 38.6%
-4.2 pts
Bachelor's+
36.4% → 35.9%
-0.5 pts
Median age
43.9 → 45.9
+2.0 yrs

Local incomes tracked alongside that move, going from a median of $59,390 in 2021 to $67,535 more recently. The renter share has eased from 42.8% to 38.6%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

Tips for renters in ZIP 19116

About renting in ZIP 19116

Last updated: July 20, 2026

ZIP code 19116 covers Philadelphia, PA. The median rent here is $1,850/mo as of July 2026. A 1-bedroom rents for a median of $1,310/mo. A 2-bedroom rents for a median of $1,560/mo.

At 33% of local median household income ($67,535/yr), ZIP 19116 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 19116?

As of July 20, 2026, the median monthly rent in ZIP 19116 (Philadelphia, PA) is $1,850. This is based on aggregated data from public sources and community submissions.

How does ZIP 19116 rent compare to the US average?

ZIP 19116's median rent of $1,850/mo is $115 (6%) below the US national median of $1,965/mo.

How does ZIP 19116 compare to other ZIPs in Pennsylvania?

ZIP 19116 is one of the pricier ZIP codes in Pennsylvania, ranking #80 out of 270 ZIPs tracked at $1,850/mo.

How much income do you need to rent in ZIP 19116?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (~$36/hour full-time) to afford the median rent of $1,850/mo in ZIP 19116. The local median household income is $67,535/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 19116?

Rent in ZIP 19116 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 19116 an affordable place to rent?

ZIP 19116 is considered moderate for renters. At $1,850/mo, rent takes approximately 33% of the local median household income ($67,535/yr). The standard benchmark is 30%. ZIP 19116 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 19116 residents rent vs. own?

According to Census data, approximately 38.6% of ZIP 19116 households are renters, while 61.4% are owner-occupied. ZIP 19116 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 19116 compare to the rest of Philadelphia?

ZIP 19116 is pricier than Philadelphia as a whole. At $1,850/mo, it's $36 above the Philadelphia citywide median of $1,814/mo.

When was rent data for ZIP 19116 last updated?

Rent data for ZIP 19116 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
33%
MODERATE

At $1,850/mo, rent takes ~33% of ZIP 19116's median household income ($67,535/yr). The standard benchmark is 30%.

ZIP 19116 33%Benchmark 30%
State income tax3.07%
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Schools nearby

Public schools near ZIP 19116 (Philadelphia, PA)

Recent submissions

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