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Philadelphia city, PA

ZIP 19121 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 19121

Median Home Value
$250,100
Median Rent
$913
Affordability Snapshot
$69,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,607/mo PITI).

30%
Rent-to-Income Ratio

Above the 30% affordability threshold — housing cost-burdened area.

6.9x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

22.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 19121 in Philadelphia city, PA, a household would need roughly $69,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,607. That is about 91% above the local median household income ($36,208), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 16% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
33.1%-49% vs US avg
x
Vacancy Rate
15.8%+53% vs US avg
x
Broadband Access
83.1%-4% vs US avg
x
4+ Bedrooms
6.7%-55% vs US avg
x
Built Pre-1939
11.0%-14% vs US avg
x
Built Post-2014
2.8%-59% vs US avg
x
Rent Burden >30%
32.0%-36% vs US avg
x
Mortgage-Free
42.8%+12% vs US avg
x
$250,100
Home Value
$913
Rent
1959
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached5.1%
  • 1-unit attached52.9%
  • 2-9 units27.2%
  • 10+ units14.4%
  • Mobile home & other0.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$250,100
Median rent$913
Owner-occupied33.1%
Vacant15.8%
Price-to-income6.9x
Est. income to buy$69,000