ZIP Code · PA

ZIP 19120

Pop. 66,469·Philadelphia County·149th most expensive ZIP in Pennsylvania
Median rent (all units)
$1,507/mo
Year-over-Year
+5.6%
Month-over-Month
+0.3%
vs US Median
-$425
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 19120 · $1,507
More affordable than 72% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,130
1 BR
$1,230
2 BR
$1,470
3 BR
$1,760
4 BR+
$1,970
Research median
$1,470/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

Compared with the peak

Rent in ZIP 19120 is at its highest level since Zillow's records here began in April 2022.

Past year vs. the rest of Pennsylvania

Rent in ZIP 19120 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 6 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($54,000) is $1,350 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,230); a 2-bedroom is $1,470.

Rank in Philadelphia

15th cheapest of 43 ZIP codes in Philadelphia.

Cheaper nearby

ZIP 19141, 1 mile away, rents for 20% less ($1,206/mo), about $3,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 19120. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$18,084/yr
At $1,507/mo median
Location
StatePA
CountyPhiladelphia 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, +0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 19120 (Philadelphia, PA) is majority owner-occupied, has a large share of families with children, has a median income below the national average, 14.8% of residents hold a bachelor's degree or higher.

Population
66,469
Median income
$54,000
Median age
36.8
Renters
29.9%
Age distribution
27.6%
20.2%
25.5%
12.8%
13.9%
Under 1827.6%
18–3420.2%
35–5425.5%
55–6412.8%
65+13.9%
Gender
47.2%
52.8%
Male47.2%
Female52.8%
Race & ethnicity
46.7%
31.3%
13.4%
White7.6%
Black46.7%
Hispanic31.3%
Asian13.4%
Other1.1%
Education (25+)
22%
37%
26.3%
14.8%
No HS diploma22%
HS diploma37%
Some college26.3%
Bachelor's+14.8%
Housing tenure
70.1%
29.9%
Owner70.1%
Renter29.9%

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

2022 vs 2026

How ZIP 19120 in Philadelphia, PA has changed in 5 years

Rent
$1,172 → $1,507
up 28.6%
Income
$44,195 → $54,000
up 22.2%
Population
73,896 → 66,469
down 10.1%
Renter share
36.9% → 29.9%
-7.0 pts
Bachelor's+
14.2% → 14.8%
+0.6 pts
Median age
33 → 36.8
+3.8 yrs

Across the past five years, the going rent in ZIP 19120 in Philadelphia, PA has shifted from $1,172 to $1,507, up 28.6% since 2022. Median household income climbed from $44,195 to $54,000 between 2021 and 2024, a 22.2% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 19120 in Philadelphia, PA losing about 7,427 residents over the five-year window, down 10.1% on net. The renter share has eased from 36.9% to 29.9%, with owner-occupied housing accounting for the remainder. Taken together, the five-year picture in ZIP 19120 in Philadelphia, PA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 19120

Last updated: October 17, 2026

ZIP code 19120 covers Philadelphia, PA. The median rent here is $1,507/mo as of October 2026. A 1-bedroom rents for a median of $1,230/mo. A 2-bedroom rents for a median of $1,470/mo.

At 33% of local median household income ($54,000/yr), ZIP 19120 ranks as moderate 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 19120?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (about $29/hour full-time) to afford the median rent of $1,507/mo in ZIP 19120. The local median household income is $54,000/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 19120?

Rent in ZIP 19120 has risen 5.6% over the past year as of September 2026. That is the highest level since Zillow's records here began in April 2022.

How does ZIP 19120 compare to other ZIPs in Pennsylvania?

ZIP 19120 is in the middle among Pennsylvania ZIP codes for rent, ranking #149 of 261 at $1,507/mo. Over the year to September 2026, rent in ZIP 19120 changed +5.6%, against a typical +3.8% across the 205 Pennsylvania ZIP codes Zillow tracks.

How does ZIP 19120 compare to the rest of Philadelphia?

At $1,507/mo, ZIP 19120 is $250 below the Philadelphia citywide median of $1,757/mo. It is the 15th cheapest of 43 ZIP codes in Philadelphia.
Income Affordability
33%
MODERATE

At $1,507/mo, rent takes ~33% of ZIP 19120's median household income ($54,000/yr). The standard benchmark is 30%.

ZIP 19120 33%Benchmark 30%
State income tax3.07%
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Schools nearby

Public schools near ZIP 19120 (Philadelphia, PA)

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