RentDataNowRentDataNow
ZIP Code · PA

ZIP 19123

Pop. 19,681·Philadelphia County·34th most expensive ZIP in Pennsylvania
Median rent (all units)
$2,125/mo
Year-over-Year
+6.0%
Month-over-Month
+0.9%
vs US Median
+$195
Rising (Monthly)
Be the first to discuss 19123 rents ↓
Most AffordableMost Expensive
ZIP 19123 · $2,125
More expensive than 68% of US ZIP codes · National median $1,930/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,780
1 BR
$1,940
2 BR
$2,310
3 BR
$2,770
4 BR+
$3,090
Research median
$2,310/mo

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

Rent trends

12-month history

Loading…

Last updated: May 18, 2026

Annual cost
$25,500/yr
At $2,125/mo median
Location
StatePA
CountyPhiladelphia County
Demographics

Who lives here

ZIP 19123 (Philadelphia, PA) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 65.8% of residents hold a bachelor's degree or higher.

Population
19,681
Median income
$102,106
Median age
33.9
Renters
64.9%
Age distribution
44.7%
26.5%
Under 189.5%
18–3444.7%
35–5426.5%
55–648.9%
65+10.4%
Gender
51.1%
48.9%
Male51.1%
Female48.9%
Race & ethnicity
54%
21.6%
White54%
Black21.6%
Hispanic10.6%
Asian10.3%
Other3.5%
Education (25+)
14.9%
14.2%
65.8%
No HS diploma5.2%
HS diploma14.9%
Some college14.2%
Bachelor's+65.8%
Housing tenure
35.1%
64.9%
Owner35.1%
Renter64.9%

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

2021 vs 2026

How ZIP 19123 in Philadelphia, PA has changed in 5 years

Rent
$1,848 → $2,125
up 15.0%
Income
$83,008 → $102,106
up 23.0%
Population
18,071 → 19,681
up 8.9%
Renter share
68.8% → 64.9%
-3.9 pts
Bachelor's+
63.8% → 65.8%
+2.0 pts
Median age
33.4 → 33.9
+0.5 yrs

Five years ago, renters in ZIP 19123 in Philadelphia, PA paid around $1,848 a month. That figure now sits near $2,125, up 15.0% from the 2021 baseline. Median household income climbed from $83,008 to $102,106 between 2021 and 2024, a 23.0% shift. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 19123 in Philadelphia, PA adding about 1,610 residents over the five-year window, up 8.9% on net. The renter share has eased from 68.8% to 64.9%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 63.8% to 65.8% across the same window. Taken together, the five-year picture in ZIP 19123 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.

Community

Discussions about ZIP 19123

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 19123

About renting in ZIP 19123

Last updated: May 18, 2026

ZIP code 19123 covers Philadelphia, PA. The median rent here is $2,125/mo as of May 2026. A 1-bedroom rents for a median of $1,940/mo. A 2-bedroom rents for a median of $2,310/mo.

At 25% of local median household income ($102,106/yr), ZIP 19123 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 19123?

As of May 18, 2026, the median monthly rent in ZIP 19123 (Philadelphia, PA) is $2,125. This is based on aggregated data from public sources and community submissions.

How does ZIP 19123 rent compare to the US average?

ZIP 19123's median rent of $2,125/mo is $195 (10%) above the US national median of $1,930/mo.

How does ZIP 19123 compare to other ZIPs in Pennsylvania?

ZIP 19123 is one of the pricier ZIP codes in Pennsylvania, ranking #34 out of 268 ZIPs tracked at $2,125/mo.

How much income do you need to rent in ZIP 19123?

To keep rent at or below 30% of gross income, you would need to earn at least $85,000/year (~$41/hour full-time) to afford the median rent of $2,125/mo in ZIP 19123. The local median household income is $102,106/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 19123?

Rent in ZIP 19123 has increased 6.0% over the past year as of May 18, 2026, putting upward pressure on renter budgets.

Is ZIP 19123 an affordable place to rent?

ZIP 19123 is considered affordable for renters. At $2,125/mo, rent takes approximately 25% of the local median household income ($102,106/yr). The standard benchmark is 30%. ZIP 19123 falls comfortably within that range.

What percentage of ZIP 19123 residents rent vs. own?

According to Census data, approximately 64.9% of ZIP 19123 households are renters, while 35.1% are owner-occupied. With a majority renter population, ZIP 19123 has a strong rental market.

How does ZIP 19123 compare to the rest of Philadelphia?

ZIP 19123 is pricier than Philadelphia as a whole. At $2,125/mo, it's $328 above the Philadelphia citywide median of $1,797/mo.

When was rent data for ZIP 19123 last updated?

Rent data for ZIP 19123 reflects May 18, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Affordability
25%
AFFORDABLE

At $2,125/mo, rent takes ~25% of ZIP 19123's median household income ($102,106/yr). The standard benchmark is 30%.

ZIP 19123 25%Benchmark 30%
State income tax3.07%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 19123 (Philadelphia, PA)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.