ZIP Code · PA

ZIP 19403

Pop. 44,017·Montgomery County·52nd most expensive ZIP in Pennsylvania
Median rent (all units)
$2,043/mo
Year-over-Year
+4.9%
Month-over-Month
+0.5%
vs US Median
+$111
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 19403 · $2,043
More expensive than 64% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,540
1 BR
$1,680
2 BR
$2,000
3 BR
$2,400
4 BR+
$2,680
Research median
$2,000/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 19403 is at its highest level since Zillow's records here began in November 2022.

Past year vs. the rest of Pennsylvania

Rent in ZIP 19403 changed +4.9% 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 5 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($104,071) is $2,602 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,400); a 4-bedroom is $2,680.

Cheaper nearby

ZIP 19401, 3 miles away, rents for 20% less ($1,642/mo), about $4,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 19403. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$24,516/yr
At $2,043/mo median
Location
StatePA
CountyMontgomery County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.9% YoY, +0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 19403 (Norristown, PA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 51% of residents hold a bachelor's degree or higher.

Population
44,017
Median income
$104,071
Median age
45.3
Renters
26.4%
Age distribution
17%
19.2%
25.7%
16.8%
21.4%
Under 1817%
18–3419.2%
35–5425.7%
55–6416.8%
65+21.4%
Gender
48.9%
51.1%
Male48.9%
Female51.1%
Race & ethnicity
75.9%
White75.9%
Black7.4%
Hispanic5.7%
Asian9.3%
Other1.6%
Education (25+)
24.4%
21%
51%
No HS diploma3.6%
HS diploma24.4%
Some college21%
Bachelor's+51%
Housing tenure
73.6%
26.4%
Owner73.6%
Renter26.4%

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

2023 vs 2026

How ZIP 19403 in Norristown, PA has changed in 5 years

Rent
$1,782 → $2,043
up 14.6%
Income
$89,224 → $104,071
up 16.6%
Population
43,898 → 44,017
up 0.3%
Renter share
27.5% → 26.4%
-1.1 pts
Bachelor's+
45.5% → 51%
+5.5 pts

Rent in ZIP 19403 in Norristown, PA has increased 14.6% since 2023, going from about $1,782 per month to roughly $2,043 today. Census figures show median household income at $104,071 today, compared with $89,224 five years earlier. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 45.5% to 51%. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

Community

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Local insights

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About renting in ZIP 19403

Last updated: October 17, 2026

ZIP code 19403 covers Norristown, PA. The median rent here is $2,043/mo as of October 2026. A 1-bedroom rents for a median of $1,680/mo. A 2-bedroom rents for a median of $2,000/mo.

At 24% of local median household income ($104,071/yr), ZIP 19403 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 19403?

To keep rent at or below 30% of gross income, you would need to earn at least $82,000/year (about $39/hour full-time) to afford the median rent of $2,043/mo in ZIP 19403. The local median household income is $104,071/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 19403?

Rent in ZIP 19403 has risen 4.9% over the past year as of September 2026. That is the highest level since Zillow's records here began in November 2022.

How does ZIP 19403 compare to other ZIPs in Pennsylvania?

ZIP 19403 is one of the pricier among Pennsylvania ZIP codes for rent, ranking #52 of 261 at $2,043/mo. Over the year to September 2026, rent in ZIP 19403 changed +4.9%, against a typical +3.8% across the 205 Pennsylvania ZIP codes Zillow tracks.

How does ZIP 19403 compare to the rest of Norristown?

At $2,043/mo, ZIP 19403 is $258 above the Norristown citywide median of $1,785/mo.
Income Affordability
24%
VERY AFFORDABLE

At $2,043/mo, rent takes ~24% of ZIP 19403's median household income ($104,071/yr). The standard benchmark is 30%.

ZIP 19403 24%Benchmark 30%
State income tax3.07%
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Schools nearby

Public schools near ZIP 19403 (Norristown, PA)

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