ZIP reports / PA / 19102
ZIP rental intelligence · 2026-06

ZIP 19102, Philadelphia, PA

Asking rent, household capacity, housing stock and local context—kept at their original geographic and measurement scopes.

Direct local rent answer

What does rent cost in ZIP 19102?

The latest Zillow ZORI for ZIP 19102 is $2,111 per month in 2026-06. It is a typical observed asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.

Zillow asking-rent index$2,1112026-06 · up 0.5% year over year
ACS median gross rent$2,217ACS 2024 5-year survey · ±$153 margin of error
HUD two-bedroom standard$2,720Administrative FMR/SAFMR · not asking rent
Bedroom-level rent benchmarks in ZIP 19102
BedroomsModelled asking-rent lensHUD standardHow to use it
Studio$1,630ZORI scaled by the local HUD bedroom ladder$2,100HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
1 bedroom$1,770ZORI scaled by the local HUD bedroom ladder$2,280HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
2 bedrooms$2,111ZORI scaled by the local HUD bedroom ladder$2,720HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
3 bedrooms$2,530ZORI scaled by the local HUD bedroom ladder$3,260HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
4 bedrooms$2,825ZORI scaled by the local HUD bedroom ladder$3,640HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.

Bedroom estimates are modelled, not observed rents. Zillow, Census ACS and HUD describe different housing universes and remain separate throughout this report.Zillow pulled 2026-08-08

Median household income$102,093ACS 2024 5-year · ±$19,161 MOE
Renter share80.1%3,482 renter households
Rent burden 30%+36.8%1,280 observed households
Housing vacancy12.4%617 of 4,964 units
Six views · one local decision

Read the measures together, without merging them

ZORI tracks observed asking rent, ACS describes occupied renter homes, and HUD publishes an administrative benchmark. The charts preserve those differences and add wider context only where the geography is named.

Three definitions of rent

Useful as a spread, not interchangeable observations.

Three rent measures for ZIP 19102Zillow asking-rent index$2,111ACS median gross rent$2,217HUD two-bedroom standard$2,720

Affordability screen

Annual income implied by 30% of the current ZIP ZORI.

Income screen for ZIP 19102ACS median household income$102,093Income at 30% of ZIP ZORI$84,440

Bedroom ladder

Modelled from ZIP ZORI using the local HUD ladder.

Modelled bedroom rent ladder for ZIP 19102Studio$1,630One bedroom$1,770Two bedrooms$2,111Three bedrooms$2,530Four bedrooms$2,825

Observed renter burden

ACS ZCTA households with computable gross-rent burden.

Observed renter cost burden in ZCTA 1910230% or more of income1,280 householdsBelow 30%2,202 households

ZIP versus wider rent context

Each bar retains its own ZIP, city, county or metro scope.

Asking-rent context for ZIP 19102ZIP 19102$2,111Philadelphia city$1,814Philadelphia County county$1,814Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro$1,928

Monthly asking-rent history

Direct Zillow ZORI observations over the latest five years. Missing months remain visible gaps.

Five-year direct Zillow asking-rent history for ZIP 19102; missing months remain gaps$2,191$2,065$1,938$1,8112021-062023-122026-06
Five-year change
13.2%exact same-month endpoints
Largest observed drawdown
8.8%peak to a later observed month
Annualized monthly variability
2.9%113 consecutive returns
Monthly coverage
100.0%114 of 114 months
Decision brief

What the evidence says for ZIP 19102

Resale softness creates the central decision tension in 19102. Zillow's current ZIP ZORI stands at $2,111 per month, a typical observed asking-rent index blended across rental types, and its exact same-month change was a slight 0.51% gain. Meanwhile, the separately sourced Redfin ZIP resale series records weaker for-sale pricing, so neither stream can validate the other. The contrast is not evidence that sales cause rents, or rents cause sales; it is a reason to retain both observations rather than summarize the area with one market label. A reader weighing a current rent snapshot should therefore distinguish the rental asking signal from contemporaneous property resale evidence.

The rent record provides a fuller but backward-looking test of that tension. Exact same-month annualized ZORI changes were 0.51% over one year, 0.82% over three years, and 2.51% over five years. Recent direction therefore confirms the longer path's positive sign but breaks from its faster pace. Full 100% history coverage makes the retrospective comparison complete within this record. The record's 2.93% annualized monthly-return variability warrants less confidence in one current rent snapshot than a perfectly smooth series would. At a separate historical point, maximum drawdown—the deepest peak-to-trough decline—reached 8.82%, documenting a past pullback rather than a forecast. The packet's transparent national discovery ranks among history-eligible ZIPs were 2,187 for momentum, 1,488 for stability, and 2,195 for the balanced measure; lower ranks are higher. No item here is an investment recommendation.

Source scope prevents a false one-to-one comparison. The five-digit label 19102 is both a Zillow ZIP market identifier and a Census ZCTA match; a ZCTA is a statistical area and is not identical to a USPS delivery ZIP. Zillow ZORI is a typical observed asking-rent index blended across rental types. By contrast, the ACS 2024 five-year survey reports a $2,217 median gross rent for occupied renter homes and includes selected utilities. The current asking index sits 4.78% below that ACS median, but source definitions, surveyed households, and geography prevent the difference from being a lease-price discount.

Bedroom sizing needs another boundary. HUD's FY2026 FMR/SAFMR two-bedroom standard is $2,720, an administrative bedroom-specific standard, not asking rent. Using the local HUD ladder to scale ZIP ZORI produces modelled monthly estimates of $1,630 for a studio, $1,770 for one bedroom, $2,111 for two bedrooms, $2,530 for three bedrooms, and $2,825 for four bedrooms. These are modelled estimates, never measured bedroom rents; the two-bedroom figure matches the index by construction. The ladder supports a standardized size comparison, not proof of a unit's achieved or advertised rent.

The 30% required-income screen is arithmetic: annualizing the current asking index requires $84,440 in household income for rent to equal that share. The matched ACS median household income is $102,093, placing that benchmark above the screen. It is not advice and not an applicant qualification rule. Separately, ACS estimates that 36.76% of renter-occupied households carried gross-rent burdens at or above the same threshold. That burden statistic describes surveyed households, not a particular vacancy, lease, or resident; it cannot establish affordability for any individual unit.

Housing stock adds context without converting vacancy into availability. The ACS ZCTA tally contains 4,964 housing units, with a 12.43% overall vacancy rate and an 80.10% renter share. Its structure counts include 3,936 large-multifamily units. These aggregate categories identify mix and status, but no vacancy count proves that a particular unit is available or suitable. For wider context only, Philadelphia city scope showed a $1,814 rent context figure, Philadelphia County scope showed a $1,810 two-bedroom HUD FMR, and the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro scope showed a $1,928 rent context figure. Those broader values are context, not ZIP rental comps or substitutes for the ZIP's own index.

Redfin's direct rolling-three-month ZIP resale observation belongs only to the for-sale market, not rental transactions. Its median sold price was $333,425, down 17.06% year over year. The same resale record reported 29 homes sold, a median 130 days on market, 48 homes of inventory, and 5.1 months of supply. Average sale-to-list was 95.66%, and no reported sale closed above list. Annualized ZIP ZORI divided by the median sold price produces a 7.60% cross-source screening ratio only. It is neither a cap rate, net return, expected return, nor property yield. The falling resale median, slower marketing, and below-list result challenge a simple reading of the slightly positive asking-rent change as uniformly strong, without creating causation between the series.

All values remain aggregates with bounded uses. ZORI blends rental types; the bedroom ladder inherits HUD scaling; the ACS ZCTA is a survey geography; and the Redfin median summarizes sales, not a particular property. Property-level checks should record the actual bedroom count, advertised rent, concessions, included utilities, lease length, fees, availability date, property type, condition, and the comparability of nearby active or sold listings. They should also establish whether a quoted rent is consistent with the asking-rent rather than gross-rent universe, and whether a sale comparison matches the physical asset and transaction timing. These checks do not convert historical measurements into forecasts or recommendations; they define what is still unknown before an aggregate can be applied to a specific property.

Decision signals

What deserves a closer property-level check

Positive rent direction, slower recent pace

Zillow's current $2,111 ZIP ZORI rose 0.51% over the same month, while five-year annualized growth was 2.51%. The direction remains positive, but the latest pace is much slower. The record's 2.93% annualized variability and 8.82% maximum drawdown mean a single current index deserves bounded confidence.

Asking rent and ACS gross rent are different measures

ACS 2024 five-year median gross rent was $2,217 with a $153 90% margin of error, versus $2,111 ZORI. The $106 gap is 4.78% of the ACS median, but source scopes differ. ACS surveys occupied renter homes and includes selected utilities, whereas ZORI summarizes typical observed asking rents. The comparison is context, not a lease-price estimate.

Bedroom figures are HUD-scaled model outputs

Scaling ZIP ZORI by the local HUD ladder creates modelled monthly estimates of $1,630 for studios, $1,770 for one-bedroom homes, $2,111 for two-bedroom homes, $2,530 for three-bedroom homes, and $2,825 for four-bedroom homes. HUD FMR/SAFMR is an administrative standard, not asking rent, so these estimates are not measured bedroom rents.

Resale evidence challenges a uniformly strong reading

Redfin's direct rolling-three-month ZIP resale record showed a $333,425 median sold price, down 17.06% year over year, along with 130 median days on market and a 95.66% average sale-to-list ratio. Those for-sale signals do not describe rentals, but they challenge any conclusion that the modestly positive asking-rent change represents uniform market strength.

  • ZORI is an asking-rent index blended across rental types, so it cannot establish the asking price, achieved rent, concession, utilities, bedroom configuration, or lease terms of any particular currently marketed unit.
  • ACS estimates use the matched ZCTA five-year survey and have sampling uncertainty, including a $153 margin of error on median gross rent; ZCTA and USPS delivery boundaries are not identical.
  • The direct rolling resale period included 29 homes sold, so the median sold price can be sensitive to the mix of homes transacting during that specific for-sale observation period.
  • An aggregate 12.43% vacancy rate and 36.76% burden share categorize broader stock and surveyed renter households, but neither statistic proves availability, affordability, or conditions at a specific unit.
Direct ZIP resale evidence

For-sale liquidity inside ZIP 19102

Redfin reports these as a rolling three-month ZIP observation through 2026-06-30. They describe the for-sale market, not rental vacancy or the rent of a particular property.

Median sale price$333,425-17.1% year over year
Homes sold29rolling three-month observation
Median days on market130 daysfor-sale listing absorption
Months of supply5.1resale inventory relative to sales pace

Activity and available supply

Direct ZIP counts remain separate because each describes a different stage of the resale funnel.

Direct resale activity for ZIP 19102Active listings81Inventory48Pending sales29Homes sold29

Counter-signals before underwriting

A price alone does not reveal how quickly buyers are absorbing available homes.

Inventory direction

48 observed inventory · -31.9% year over year.

Price realization

95.7% average sale-to-list ratio · 0.0% sold above original list.

Early absorption

17.0% went off market within two weeks; compare this with 130 median days on market.

Measurement boundary

Small ZIP samples can move sharply. This rolling period smooths monthly noise but does not replace current address-level sale and rent comparables.

Redfin Data Center · updated 2026-07-03 · exact five-digit ZIP key. Implausible source values are withheld as n/a rather than repaired or inherited from a broader geography.

Wider market evidence

Listing and rental liquidity around the ZIP

These measures are not ZIP observations. They are labelled county or metro context so they can challenge the local story without being copied into it.

Philadelphia County listing conditions

4,810 active Realtor.com listings · 51 median days on market · 18.2% price-reduced share · 2026-06.

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD resale supply

n/a · n/a · n/a listings with price drops · Redfin 2026-05-01.

Apartment List metro liquidity

5.4% reported apartment vacancy · 27 days on market. These are direct metro observations and do not describe a particular ZIP unit.

Property-level next step

Compare live same-bedroom listings, concessions, utilities, condition and days listed inside ZIP 19102. The report frames the market; it does not replace a rent roll, lease review or address-level comparable set.

Questions this report can answer

Scope-aware answers

Why are Zillow ZORI and ACS median gross rent different measures?

Zillow ZORI is a ZIP-level typical observed asking-rent index blended across rental types. ACS is a five-year survey for the matched ZCTA of occupied renter homes, and its gross-rent measure includes selected utilities. Their boundaries and populations differ as well: a ZCTA is statistical and not the same thing as a USPS delivery ZIP.

What does the rent history say about confidence in the current index?

The historical measures are backward-looking. Positive one-, three-, and five-year changes show the direction of the observed ZORI path, but the recent pace is slower than the older pace. Monthly-return variability and a prior maximum drawdown show that the current index should not be treated as a perfectly smooth or predictive series.

Is the 30% required-income screen an applicant qualification test?

No. The figure simply annualizes the $2,111 asking index at 30% of income. It does not supply applicant-specific facts or a provider rule. The ACS median offers area-level context, while the burden share describes surveyed renter households rather than an individual applicant, lease, or currently available unit.

Do the Redfin sales data establish rent or property economics?

No. Redfin's ZIP observation directly describes for-sale resales: sold prices, sales count, marketing time, inventory, supply, and sale-to-list outcomes. It is not rental transaction data. The annualized ZORI-to-price calculation is only a cross-source screening ratio and cannot establish a particular property's rent, expenses, return, or financing outcome.