Housing market/Pennsylvania/ZIP 19128

ACS 2023 · FY2027 SAFMR

ZIP 19128 Philadelphia, Pennsylvania

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA · Pennsylvania. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
37,018
Households
17,931
Median HH income
$89,639
Renter share
43.2%
Median gross rent
$1,563
Vacancy
5.7%
Pop. change
-3.4%
2BR SAFMR
$2,130
SAFMR / rent
1.363×
2–49 unit stock
5,115
LIHTC proj / units
2 / 78
HUD assisted MF
2 / 105

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 19128 · PA — sent to you.

ZIP 19128 · PA

ACS median rent$1,563
2BR SAFMR$2,130
90% floor$1,917
110% ceiling$2,343

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 19128

  • 1-unit detached3,10516.3%
  • 1-unit attached8,31043.7%
  • 2–4 units2,29712.1%
  • 5–49 units2,81814.8%
  • 50+ units2,25311.9%
  • Mobile2191.2%
TypeUnitsShare
1-unit detached3,10516.3%
1-unit attached8,31043.7%
2 units (duplex)1,2606.6%
3–4 units1,0375.5%
5–9 units1,3217.0%
10–19 units6463.4%
20–49 units8514.5%
50+ units2,25311.9%
Mobile2191.2%

2–4 unit share 12.1% · 5–49 unit share 14.8% · combined 2–49 26.9%.

Units by bedrooms

Studio
511
1BR
3,626
2BR
4,451
3BR
7,501
4BR
2,083
5+
834

Rent burden

Rent ≥30% of income35.4%
Rent ≥50% of income11.5%
  • ACS median gross rent $1,563 (all bedrooms, occupied rentals).
  • Median contract rent $1,451.
  • Renters paying ≥30% of income 35.4%; ≥50% 11.5%.
  • FY2027 2BR SAFMR $2,130 (1.363× ACS median gross rent).

Population

37,018 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -3.4%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 2 projects, 78 units.
  • HUD project-based assisted MF: 2 properties, 105 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 2,179 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 19128 43.2% of occupied households are renters; vacancy is 5.7%; ACS median gross rent is $1,563; population changed -3.4% between the 2018 and 2023 ACS vintages; the housing stock includes 2,297 units in 2–4-unit structures and 2,818 units in 5–49-unit structures; 2 LIHTC projects totaling 78 units; FY2027 2BR SAFMR is $2,130 versus ACS median gross rent of $1,563. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Pennsylvania research

ZIP 19128 is a Census / HUD profile for Philadelphia-Camden-Wilmington, PA-NJ-DE-MD, PA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Pennsylvania research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 19128?

ZIP 19128 (Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA) has 37,018 residents, 17,931 households, a renter share of 43.2%, median household income of $89,639, and ACS 2023 median gross rent of $1,563. Vacancy is 5.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 19128?

ACS counts 1,260 units in 2-unit buildings, 1,037 in 3–4 unit buildings, 1,321 in 5–9, 646 in 10–19, and 851 in 20–49. Combined 2–49 unit stock is 5,115 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 19128?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,130. See the full schedule and 90–110% payment-standard band on the ZIP 19128 — Philadelphia, PA HUD Section 8 Payment Standards / SAFMR.

Does this Pennsylvania ZIP profile include Georgia listings?

No. ZIP 19128 is Census / HUD research for Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA. Jeff Crowe CRE does not list Pennsylvania property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.