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ZIP Code · PA

ZIP 19124

Pop. 71,004·Philadelphia County·236th most expensive ZIP in Pennsylvania
Median rent (all units)
$1,182/mo
Year-over-Year
-10.4%
Month-over-Month
-7.4%
vs US Median
-$783
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 19124 · $1,182
More affordable than 93% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,080
1 BR
$1,180
2 BR
$1,400
3 BR
$1,680
4 BR+
$1,870
Research median
$1,400/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
$14,184/yr
At $1,182/mo median
Location
StatePA
CountyPhiladelphia County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 10.4% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-10.4% YoY, -7.4% MoM), not inventory.
Demographics

Who lives here

ZIP 19124 (Philadelphia, PA) is majority owner-occupied, has a large share of families with children, has a median income below the national average, 14.7% of residents hold a bachelor's degree or higher.

Population
71,004
Median income
$45,314
Median age
32.7
Renters
37.7%
Age distribution
30.3%
23.9%
25.5%
Under 1830.3%
18–3423.9%
35–5425.5%
55–6411.3%
65+9%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
21.4%
35.2%
41.9%
White21.4%
Black35.2%
Hispanic41.9%
Asian5.6%
Education (25+)
18.1%
43%
24.2%
14.7%
No HS diploma18.1%
HS diploma43%
Some college24.2%
Bachelor's+14.7%
Housing tenure
62.3%
37.7%
Owner62.3%
Renter37.7%

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

2021 vs 2026

How ZIP 19124 in Philadelphia, PA has changed in 5 years

Rent
$938 → $1,182
up 26.0%
Income
$38,293 → $45,314
up 18.3%
Population
71,496 → 71,004
down 0.7%
Renter share
38.1% → 37.7%
-0.4 pts
Bachelor's+
14.6% → 14.7%
+0.1 pts

Rent in ZIP 19124 in Philadelphia, PA has climbed 26.0% since 2021, going from about $938 per month to roughly $1,182 today. On the earnings side, the typical household in ZIP 19124 in Philadelphia, PA now reports about $45,314, up from $38,293 in 2021. Rent outpaced income growth by roughly 7.7 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 19124 in Philadelphia, PA reflects that arc in its own way.

Community

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Local insights

Tips for renters in ZIP 19124

About renting in ZIP 19124

Last updated: July 20, 2026

ZIP code 19124 covers Philadelphia, PA. The median rent here is $1,182/mo as of July 2026. A 1-bedroom rents for a median of $1,180/mo. A 2-bedroom rents for a median of $1,400/mo.

At 31% of local median household income ($45,314/yr), ZIP 19124 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 10.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 19124?

As of July 20, 2026, the median monthly rent in ZIP 19124 (Philadelphia, PA) is $1,182. This is based on aggregated data from public sources and community submissions.

How does ZIP 19124 rent compare to the US average?

ZIP 19124's median rent of $1,182/mo is $783 (40%) below the US national median of $1,965/mo.

How does ZIP 19124 compare to other ZIPs in Pennsylvania?

ZIP 19124 is among the more affordable ZIP codes in Pennsylvania, ranking #236 out of 270 ZIPs at $1,182/mo.

How much income do you need to rent in ZIP 19124?

To keep rent at or below 30% of gross income, you would need to earn at least $47,000/year (~$23/hour full-time) to afford the median rent of $1,182/mo in ZIP 19124. The local median household income is $45,314/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 19124?

Rent in ZIP 19124 has decreased 10.4% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 19124 an affordable place to rent?

ZIP 19124 is considered moderate for renters. At $1,182/mo, rent takes approximately 31% of the local median household income ($45,314/yr). The standard benchmark is 30%. ZIP 19124 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 19124 residents rent vs. own?

According to Census data, approximately 37.7% of ZIP 19124 households are renters, while 62.3% are owner-occupied. ZIP 19124 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 19124 compare to the rest of Philadelphia?

ZIP 19124 is more affordable than Philadelphia overall. At $1,182/mo, it's $632 below the Philadelphia citywide median of $1,814/mo.

When was rent data for ZIP 19124 last updated?

Rent data for ZIP 19124 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
31%
MODERATE

At $1,182/mo, rent takes ~31% of ZIP 19124's median household income ($45,314/yr). The standard benchmark is 30%.

ZIP 19124 31%Benchmark 30%
State income tax3.07%
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Schools nearby

Public schools near ZIP 19124 (Philadelphia, PA)

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