ZIP Code · PA

ZIP 19406

Part of King of Prussia, PA

Pop. 30,362·Montgomery County·35th most expensive ZIP in Pennsylvania

Median rent (all units)

$2,234/mo

Year-over-Year

+3.7%

Month-over-Month

+0.5%

vs US Median

+$302

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 19406 · $2,234

More expensive than 71% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,920

1 BR

$2,090

2 BR

$2,490

3 BR

$2,990

4 BR+

$3,330

Research median

$2,490/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 19406 usually run 1.2% below trend in January and 0.9% above it in July, about $47 a month apart at today's median. Based on 7 years of data.

Compared with the peak

Rent in ZIP 19406 is at its highest level since Zillow's records here began in November 2018.

Past year vs. the rest of Pennsylvania

Rent in ZIP 19406 changed +3.7% over the year to September 2026. Across the 205 Pennsylvania ZIP codes Zillow tracks, the typical change was +3.8%.

Since before the pandemic

Rent in ZIP 19406 is 30% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 3 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($116,847) is $2,921 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,490); a 3-bedroom is $2,990.

Cheaper nearby

ZIP 19401, 4 miles away, rents for 26% less ($1,642/mo), about $7,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 19406. 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

$26,808/yr

At $2,234/mo median

Location

CityKing of Prussia

StatePA

CountyMontgomery County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.7% YoY, +0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 19406 (King of Prussia, PA) is roughly split between renters and owners, has a median income above the national average, 63.6% of residents hold a bachelor's degree or higher.

Population

30,362

Median income

$116,847

Median age

36.2

Renters

49.7%

Age distribution

18.4%

29.6%

26.7%

14.4%

Under 1818.4%

18–3429.6%

35–5426.7%

55–6411%

65+14.4%

Gender

49.6%

50.4%

Male49.6%

Female50.4%

Race & ethnicity

65.1%

19.5%

White65.1%

Black8.1%

Hispanic5.5%

Asian19.5%

Other1.7%

Education (25+)

15.6%

18.6%

63.6%

No HS diploma2.3%

HS diploma15.6%

Some college18.6%

Bachelor's+63.6%

Housing tenure

50.3%

49.7%

Owner50.3%

Renter49.7%

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

2021 vs 2026

How ZIP 19406 in King of Prussia, PA has changed in 5 years

Rent

$1,725 → $2,234

up 29.5%

Income

$97,805 → $116,847

up 19.5%

Population

28,470 → 30,362

up 6.6%

Renter share

44.7% → 49.7%

+5.0 pts

Bachelor's+

60.7% → 63.6%

+2.9 pts

Since 2021, the typical rent in ZIP 19406 in King of Prussia, PA has increased from $1,725 to $2,234, a 29.5% change over five years. Household income in the area moved from $97,805 to $116,847 across the same window, up 19.5% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 6.6% since 2021, moving from about 28,470 residents to roughly 30,362. Renters now make up 49.7% of households, compared with 44.7% five years ago. College-educated residents now make up 63.6% of adults here, versus 60.7% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 19406 in King of Prussia, PA look reasonable against where the market sat half a decade ago.

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About renting in ZIP 19406

Last updated: October 17, 2026

ZIP code 19406 covers King of Prussia, PA. The median rent here is $2,234/mo as of October 2026. A 1-bedroom rents for a median of $2,090/mo. A 2-bedroom rents for a median of $2,490/mo.

At 23% of local median household income ($116,847/yr), ZIP 19406 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 19406?

To keep rent at or below 30% of gross income, you would need to earn at least $89,000/year (about $43/hour full-time) to afford the median rent of $2,234/mo in ZIP 19406. The local median household income is $116,847/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 19406?

Rent in ZIP 19406 has risen 3.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in November 2018.

When is the cheapest time to rent in ZIP 19406?

Asking rents in ZIP 19406 are usually lowest in January, about 1.2% below their yearly trend, and highest in July, about 0.9% above it. At today's median that is a gap of roughly $47 a month. This pattern comes from 7 years of Zillow rent data.

How does ZIP 19406 compare to other ZIPs in Pennsylvania?

ZIP 19406 is one of the pricier among Pennsylvania ZIP codes for rent, ranking #35 of 261 at $2,234/mo. Over the year to September 2026, rent in ZIP 19406 changed +3.7%, against a typical +3.8% across the 205 Pennsylvania ZIP codes Zillow tracks.