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Rental Insights for ZIP Code 18104 (Allentown, PA)

Housing Rentals in ZIP Code 18104 (Allentown, PA)

18104 ZIP Code in Pennsylvania

Information for Renters in ZIP Code 18104

ZIP Code 18104 is predominantly located in Allentown, PA in Lehigh County. This region of Pennsylvania has an estimated median housing rent of $1,295 per month. Approximately 30.0% of housing units in this Lehigh County ZIP Code are renter-occupied, and the region has an estimated rental vacancy rate of 2.3%.

The median rent in ZIP Code 18104 of $1,295 per month is 38% higher than the aggregate Pennsylvania median monthly rent of $938, and is 22% higher than the $1,062 the median monthly rent in the U.S. overall. Approximately 31.8% of residents in ZIP Code 18104 pay between $1,000 and $1,499 per month for rent. That is 7% higher than in Pennsylvania overall, in which 29.6% of total state residents pay between $1,000 and $1,499 per month for housing. Just 1.9% of renters in ZIP Code 18104 pay between $2,500 and $2,999 for monthly rent.

ZIP Code 18104 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 18104

See the chart below for a comparison of monthly rental costs in ZIP Code 18104, Pennsylvania, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 18104 along with those in the state of Pennsylvania and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 18104

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 18104 Pennsylvania U.S.
Less than $500 7.1% 12.2% 9.4%
$500 to $999 26.5% 44.0% 36.2%
$1,000 to $1,499 31.8% 29.6% 30.0%
$1,500 to $1,999 22.8% 9.3% 14.0%
$2,000 to $2,499 7.5% 2.9% 5.6%
$2,500 to $2,999 1.9% 1.0% 2.4%
$3,000 or more 2.4% 0.9% 2.4%

Rent Cost vs. Income in ZIP Code 18104

Renters in ZIP Code 18104 use an estimated 29.56% of their income to cover their monthly rent payments. That is about 1% higher than in Pennsylvania overall. The estimate for Pennsylvania overall is 29.19% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 18104 renters use about 1% less of their income to cover rent expense. Household income figures for ZIP Code 18104 come in higher than in Pennsylvania as a whole. The median annual household income in ZIP Code 18104 of $73,943 sits approximately 20% higher than the overall Pennsylvania median income of $61,744 and approximately 18% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 18104

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 18104, Pennsylvania, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 18104 along with the same calculations in the state of Pennsylvania and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 18104

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 18104 Pennsylvania U.S.
Less than 15.0 percent 12.4% 14.8% 13.1%
15.0 to 19.9 percent 10.2% 13.5% 12.9%
20.0 to 24.9 percent 15.6% 12.6% 12.9%
25.0 to 29.9 percent 12.2% 11.3% 11.6%
30.0 to 34.9 percent 13.7% 8.7% 9.1%
35.0 percent or more 35.8% 39.0% 40.5%

Household Income in ZIP Code 18104

See the table below for the regional comparison of annual household income in ZIP Code 18104.

Income ZIP 18104 Pennsylvania U.S.
Less than $10,000 3.7% 6.1% 6.0%
$10,000 to $14,999 3.1% 4.3% 4.3%
$15,000 to $24,999 7.1% 9.3% 8.9%
$25,000 to $34,999 6.7% 9.2% 8.9%
$35,000 to $49,999 11.8% 12.3% 12.3%
$50,000 to $74,999 18.3% 17.6% 17.2%
$75,000 to $99,999 13.8% 13.1% 12.7%
$100,000 to $149,999 17.6% 15.2% 15.1%
$150,000 to $199,999 9.0% 6.4% 6.8%
$200,000 or more 8.9% 6.6% 7.7%

Household Income in ZIP Code 18104

See the chart below for a comparison of annual household income figures in ZIP Code 18104, Pennsylvania, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 18104 alongside the same figures for the state of Pennsylvania and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 18104

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 18104.

ZIP 18104 Pennsylvania U.S.
Median Housing Rent $1,295 $938 $1,062
Renter-Occupied Housing Units 30.0% 31.1% 36.0%
Rental Vacancy Rate 2.3% 5.4% 6.0%
Average Size of Renter-Occupied Unit 2.50 2.20 2.49
Average # of Bedrooms Per Unit 2.99 2.8 2.75
Percent of Income Spent on Rent 29.56% 29.19% 29.83%
Per Capita Income $37,223 $34,352 $34,103
Median Household Income $98,263 $84,849 $88,607
Living Below the Poverty Line 5.9% 8.4% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 18104

In ZIP Code 18104 (Allentown, PA), and estimated 30.0% of housing units are occupied by renters. This region has an approximate rental vacany rate of 2.3%.

The per capita income in 18104 is estimated at $37,223, which goes along with an estimated median household income of $98,263. About 5.9% of residents in this Lehigh County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.50 occupants, while the units have an aggregate average size of 2.99 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 29.56% of their income on housing rental costs.

Rental FAQs for ZIP Code 18104

1

What is the median monthly rent in ZIP Code 18104?

Median rent for housing in ZIP Code 18104 in Lehigh County in Pennsylvania is approximately $1,295 per month.
2

Is it expensive to rent in ZIP Code 18104?

Rent in ZIP Code 18104 is higher than average in the state of Pennsylvania overall. The median monthly rent of $1,295 in ZIP Code 18104 is approximately 38% higher than the Pennsylvania median of $938. Additionally, median rent in this Allentown, PA region ($1,295) is about 22% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 18104?

High-priced rentals are more common in ZIP Code 18104 than in Pennsylvania overall. The percentage of rentals in ZIP Code 18104 that cost $3,000 or more per month (2.4%) is about 167% higher than the Pennsylvania rate of 0.9% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 0% lower than the aforementioned 18104 rate of 2.4%.
4

Are affordable rentals common in ZIP Code 18104?

Affordable rentals are less common in ZIP Code 18104 than in Pennsylvania overall. The percentage of housing rentals in ZIP Code 18104 costing $999 or less per month (33.6%) is approximately 40% lower than the Pennsylvania rate of 56.2% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 26% higher than the previously mentioned 18104 rate of 33.6%.
5

What is the most common cost range that rentals fall into in ZIP Code 18104?

The most common range for rental cost in ZIP Code 18104 is between $1,000 and $1,499 per month. About 31.8% of renters in 18104 pay in this range for monthly rent. In comparison, approximately 29.6% of renters in the state of Pennsylvania fall in the between $1,000 and $1,499 range, and 30.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 18104 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 18104 is lower than the rental vacancy rate in the state of Pennsylvania overall. Rental vacancy of 2.3% in ZIP Code 18104 is about 57% lower than the Pennsylvania rate of 5.4%. Looking more broadly, rental vacancy in this Allentown, PA region (2.3%) is an estimated 62% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 18104? How does it compare to other Pennsylvania regions?

Median household income in ZIP Code 18104 is higher than in the state of Pennsylvania overall. Annual household income of $73,943 in ZIP Code 18104 is about 20% higher than the Pennsylvania median of $61,744. Additionally, median household income in this Allentown, PA region ($73,943) is approximately 18% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 18104 spend on housing costs?

Renters in ZIP Code 18104 spend a higher amount of their income on rent costs than do renters in Pennsylvania overall. Renters in ZIP Code 18104 spend an estimated 29.56% of their income on rent payments, which is about 1% higher than the overall Pennsylvania estimated rate of 29.19%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 1% higher than the ZIP Code 18104 estimated rate of 29.56%.
9

Do renters in ZIP Code 18104 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 18104 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 18104 spending 30 percent or more of their income on rent costs (49.5%) is approximately 4% higher than the Pennsylvania rate of 47.7% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 0% higher than the aforementioned 18104 rate of 49.5%.
10

What is the average household size of renter-occupied units in ZIP Code 18104?

The average household size of renter-occupied units in ZIP Code 18104 is higher than in the state of Pennsylvania overall. Annual household size of 2.50 in ZIP Code 18104 is about 14% higher than the Pennsylvania median of 2.20. Additionally, median household size in this Allentown, PA region (2.50) is approximately 0% higher than median household size of 2.49 in the U.S. as a whole.

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