ZIP Code · PA

ZIP 19147

Pop. 39,704·Philadelphia County·64th most expensive ZIP in Pennsylvania
Median rent (all units)
$1,940/mo
Year-over-Year
+2.6%
Month-over-Month
-0.1%
vs US Median
+$8
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 19147 · $1,940
More expensive than 58% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,840
1 BR
$2,000
2 BR
$2,380
3 BR
$2,850
4 BR+
$3,190
Research median
$2,380/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

Cheapest month to sign

January. Asking rents in ZIP 19147 usually run 1.4% below trend in January and 1.4% above it in July, about $54 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 19147 is 0.2% below its high of $1,943 in August 2026, at $1,940 as of September 2026.

Past year vs. the rest of Pennsylvania

Rent in ZIP 19147 changed +2.6% over the year to September 2026. Across the 205 Pennsylvania ZIP codes Zillow tracks, the typical change was +3.8%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 19147 rose 17.4% while median household income rose 29.7% ($81,519 to $105,755). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 19147 is 21.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($105,755) is $2,644 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,380); a 3-bedroom is $2,850.

Rank in Philadelphia

33rd cheapest of 43 ZIP codes in Philadelphia.

Cheaper nearby

ZIP 08104, 2 miles away, rents for 12% less ($1,715/mo), about $2,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 19147. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$23,280/yr
At $1,940/mo median
Location
StatePA
CountyPhiladelphia County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.6% YoY, -0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 19147 (Philadelphia, PA) is roughly split between renters and owners, skews toward younger working-age adults, has a median income above the national average, 68.9% of residents hold a bachelor's degree or higher.

Population
39,704
Median income
$105,755
Median age
35.8
Renters
46.7%
Age distribution
16.2%
31.2%
30.1%
13.9%
Under 1816.2%
18–3431.2%
35–5430.1%
55–648.5%
65+13.9%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
66.9%
White66.9%
Black9.5%
Hispanic7.5%
Asian10.2%
Other5.8%
Education (25+)
12%
12.8%
68.9%
No HS diploma6.2%
HS diploma12%
Some college12.8%
Bachelor's+68.9%
Housing tenure
53.3%
46.7%
Owner53.3%
Renter46.7%

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

2021 vs 2026

How ZIP 19147 in Philadelphia, PA has changed in 5 years

Rent
$1,611 → $1,940
up 20.4%
Income
$93,996 → $105,755
up 12.5%
Population
39,335 → 39,704
up 0.9%
Renter share
42.9% → 46.7%
+3.8 pts
Bachelor's+
65.7% → 68.9%
+3.2 pts

Five years ago, renters in ZIP 19147 in Philadelphia, PA paid around $1,611 a month. That figure now sits near $1,940, up 20.4% from the 2021 baseline. Median household income climbed from $93,996 to $105,755 between 2021 and 2024, a 12.5% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. The renter share has risen from 42.9% to 46.7%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 65.7% to 68.9% across the same window. Taken together, the five-year picture in ZIP 19147 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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Local insights

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About renting in ZIP 19147

Last updated: October 17, 2026

ZIP code 19147 covers Philadelphia, PA. The median rent here is $1,940/mo as of October 2026. A 1-bedroom rents for a median of $2,000/mo. A 2-bedroom rents for a median of $2,380/mo.

At 22% of local median household income ($105,755/yr), ZIP 19147 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 19147?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (about $38/hour full-time) to afford the median rent of $1,940/mo in ZIP 19147. The local median household income is $105,755/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 19147?

Rent in ZIP 19147 has risen 2.6% over the past year as of September 2026. It sits 0.2% below its high of $1,943 in August 2026.

When is the cheapest time to rent in ZIP 19147?

Asking rents in ZIP 19147 are usually lowest in January, about 1.4% below their yearly trend, and highest in July, about 1.4% above it. At today's median that is a gap of roughly $54 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 19147?

No. From 2019 to 2024, rent in ZIP 19147 rose 17.4% while median household income rose 29.7%, from $81,519 to $105,755. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 19147 compare to other ZIPs in Pennsylvania?

ZIP 19147 is one of the pricier among Pennsylvania ZIP codes for rent, ranking #64 of 261 at $1,940/mo. Over the year to September 2026, rent in ZIP 19147 changed +2.6%, against a typical +3.8% across the 205 Pennsylvania ZIP codes Zillow tracks.

How does ZIP 19147 compare to the rest of Philadelphia?

At $1,940/mo, ZIP 19147 is $183 above the Philadelphia citywide median of $1,757/mo. It is the 33rd cheapest of 43 ZIP codes in Philadelphia.
Income Affordability
22%
VERY AFFORDABLE

At $1,940/mo, rent takes ~22% of ZIP 19147's median household income ($105,755/yr). The standard benchmark is 30%.

ZIP 19147 22%Benchmark 30%
State income tax3.07%
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Public schools near ZIP 19147 (Philadelphia, PA)

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