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Rental Insights for ZIP Code 19106 (Philadelphia, PA)

Housing Rentals in ZIP Code 19106 (Philadelphia, PA)

19106 ZIP Code in Pennsylvania

Information for Renters in ZIP Code 19106

ZIP Code 19106 is predominantly located in Philadelphia, PA in Philadelphia County. The median housing rent in this region or Pennsylvania is estimated at $1,788 per month. Approximately 50.9% of housing units in this Philadelphia County ZIP Code are renter-occupied, and the region has an estimated rental vacancy rate of 5.0%.

The median rent in ZIP Code 19106 of $1,788 per month is 91% higher than the aggregate Pennsylvania median monthly rent of $938, and is 68% higher than the $1,062 the median monthly rent in the U.S. overall. Approximately 41.0% of residents in ZIP Code 19106 pay between $1,500 and $1,999 per month for rent. That is 341% higher than in Pennsylvania overall, in which 9.3% of total state residents pay between $1,500 and $1,999 per month for housing. Just 0.3% of renters in ZIP Code 19106 pay less than $500 for monthly rent.

ZIP Code 19106 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 19106

See the chart below for a comparison of monthly rental costs in ZIP Code 19106, Pennsylvania, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 19106 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 19106

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

Cost ZIP 19106 Pennsylvania U.S.
Less than $500 0.3% 12.2% 9.4%
$500 to $999 1.5% 44.0% 36.2%
$1,000 to $1,499 24.6% 29.6% 30.0%
$1,500 to $1,999 41.0% 9.3% 14.0%
$2,000 to $2,499 19.3% 2.9% 5.6%
$2,500 to $2,999 7.4% 1.0% 2.4%
$3,000 or more 6.0% 0.9% 2.4%

Rent Cost vs. Income in ZIP Code 19106

Renters in ZIP Code 19106 use an estimated 25.56% of their income to cover their monthly rent payments. That is about 12% lower 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 19106 renters use about 14% less of their income to cover rent expense. Household income figures for ZIP Code 19106 come in higher than in Pennsylvania as a whole. The median annual household income in ZIP Code 19106 of $107,388 sits approximately 74% higher than the overall Pennsylvania median income of $61,744 and approximately 71% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 19106

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 19106, 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 19106 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 19106

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

Rent Cost as % of Income ZIP 19106 Pennsylvania U.S.
Less than 15.0 percent 22.1% 14.8% 13.1%
15.0 to 19.9 percent 17.5% 13.5% 12.9%
20.0 to 24.9 percent 14.1% 12.6% 12.9%
25.0 to 29.9 percent 13.5% 11.3% 11.6%
30.0 to 34.9 percent 5.4% 8.7% 9.1%
35.0 percent or more 27.4% 39.0% 40.5%

Household Income in ZIP Code 19106

See the table below for the regional comparison of annual household income in ZIP Code 19106.

Income ZIP 19106 Pennsylvania U.S.
Less than $10,000 4.6% 6.1% 6.0%
$10,000 to $14,999 1.3% 4.3% 4.3%
$15,000 to $24,999 2.9% 9.3% 8.9%
$25,000 to $34,999 3.9% 9.2% 8.9%
$35,000 to $49,999 5.4% 12.3% 12.3%
$50,000 to $74,999 16.7% 17.6% 17.2%
$75,000 to $99,999 11.8% 13.1% 12.7%
$100,000 to $149,999 19.3% 15.2% 15.1%
$150,000 to $199,999 13.6% 6.4% 6.8%
$200,000 or more 20.5% 6.6% 7.7%

Household Income in ZIP Code 19106

See the chart below for a comparison of annual household income figures in ZIP Code 19106, Pennsylvania, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 19106 alongside the same figures for the state of Pennsylvania and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 19106

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 19106.

ZIP 19106 Pennsylvania U.S.
Median Housing Rent $1,788 $938 $1,062
Renter-Occupied Housing Units 50.9% 31.1% 36.0%
Rental Vacancy Rate 5.0% 5.4% 6.0%
Average Size of Renter-Occupied Unit 1.62 2.20 2.49
Average # of Bedrooms Per Unit 1.69 2.8 2.75
Percent of Income Spent on Rent 25.56% 29.19% 29.83%
Per Capita Income $83,779 $34,352 $34,103
Median Household Income $152,886 $84,849 $88,607
Living Below the Poverty Line 0.6% 8.4% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 19106

In ZIP Code 19106 (Philadelphia, PA), and estimated 50.9% of housing units are occupied by renters. This region has an approximate rental vacany rate of 5.0%.

The per capita income in 19106 is estimated at $83,779, which goes along with an estimated median household income of $152,886. About 0.6% of residents in this Philadelphia County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.62 occupants, while the units have an aggregate average size of 1.69 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 25.56% of their income on housing rental costs.

Rental FAQs for ZIP Code 19106

1

What is the median monthly rent in ZIP Code 19106?

Median rent for housing in ZIP Code 19106 in Philadelphia County in Pennsylvania is approximately $1,788 per month.
2

Is it expensive to rent in ZIP Code 19106?

Rent in ZIP Code 19106 is higher than average in the state of Pennsylvania overall. The median monthly rent of $1,788 in ZIP Code 19106 is approximately 91% higher than the Pennsylvania median of $938. Additionally, median rent in this Philadelphia, PA region ($1,788) is about 68% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 19106?

High-priced rentals are more common in ZIP Code 19106 than in Pennsylvania overall. The percentage of rentals in ZIP Code 19106 that cost $3,000 or more per month (6.0%) is about 567% 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 150% lower than the aforementioned 19106 rate of 6.0%.
4

Are affordable rentals common in ZIP Code 19106?

Affordable rentals are less common in ZIP Code 19106 than in Pennsylvania overall. The percentage of housing rentals in ZIP Code 19106 costing $999 or less per month (1.8%) is approximately 97% 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 96% higher than the previously mentioned 19106 rate of 1.8%.
5

What is the most common cost range that rentals fall into in ZIP Code 19106?

The most common range for rental cost in ZIP Code 19106 is between $1,500 and $1,999 per month. About 41.0% of renters in 19106 pay in this range for monthly rent. In comparison, approximately 9.3% of renters in the state of Pennsylvania fall in the between $1,500 and $1,999 range, and 14.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 19106 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 19106 is lower than the rental vacancy rate in the state of Pennsylvania overall. Rental vacancy of 5.0% in ZIP Code 19106 is about 7% lower than the Pennsylvania rate of 5.4%. Looking more broadly, rental vacancy in this Philadelphia, PA region (5.0%) is an estimated 17% 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 19106? How does it compare to other Pennsylvania regions?

Median household income in ZIP Code 19106 is higher than in the state of Pennsylvania overall. Annual household income of $107,388 in ZIP Code 19106 is about 74% higher than the Pennsylvania median of $61,744. Additionally, median household income in this Philadelphia, PA region ($107,388) is approximately 71% 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 19106 spend on housing costs?

Renters in ZIP Code 19106 spend a lower amount of their income on rent costs than do renters in Pennsylvania overall. Renters in ZIP Code 19106 spend an estimated 25.56% of their income on rent payments, which is about 12% lower 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 14% higher than the ZIP Code 19106 estimated rate of 25.56%.
9

Do renters in ZIP Code 19106 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 19106 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 19106 spending 30 percent or more of their income on rent costs (32.8%) is approximately 31% lower 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 34% higher than the aforementioned 19106 rate of 32.8%.
10

What is the average household size of renter-occupied units in ZIP Code 19106?

The average household size of renter-occupied units in ZIP Code 19106 is lower than in the state of Pennsylvania overall. Annual household size of 1.62 in ZIP Code 19106 is about 26% lower than the Pennsylvania median of 2.20. Additionally, median household size in this Philadelphia, PA region (1.62) is approximately 35% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Pennsylvania ZIP Codes