Real Estate Investing in Philadelphia, Pennsylvania (19103)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 19103 (Philadelphia, PA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 14.0% of homes vacant — above national norms.
- Declining values: -0.5% 5-year CAGR — values have moved lower.
What’s happening in Philadelphia, PA (19103)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 19103 Philadelphia
ZIP 19103 in Philadelphia, PA carries a notable set of headwinds. Home values near $483K and rents of $2,211/mo sit inside a market where underwriting has to be tight.
Rent of $2,211/mo on a $483K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 19103 sits below the stated 0.0% once reality is priced in.
Within PA, ZIP 19103 trails on several market indicators that neighboring Philadelphia County submarkets outperform. The gap is real and significant enough to shape underwriting.
Resident income in 19103 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 19103 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Philadelphia:
Property Strategy for 19103
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $290,496 | $2,280 | 5.7% | -3.8% | $290,496 |
| 2BR | $602,765 | $2,720 | 3.2% | -0.8% | $301,383 |
| 3BR | $1,102,618 | $3,260 | 2.1% | +1.3% | $367,539 |
| 4BR | $1,853,626 | $3,640 | 1.4% | +4.1% | $463,406 |
| 5BR | $2,165,967 | — | — | +1.8% | $433,193 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 19103 Compare?
| Metric | 19103 | Philadelphia | Pennsylvania |
|---|---|---|---|
| Home Value | $482,842 | $260,324 | $278,018 |
| 5-Year CAGR | N/A | 1.2% | 6.3% |
| Avg Rent | $2,211 | $1,659 | - |
| Cap Rate | 3.6% | 5.6% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 19103 (Philadelphia, PA). Anonymous, moderated, never written by AI.
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Property managers serving Philadelphia County
Manage rentals here? List your business →Atlas Property Management is a boutique team offering personal service for single-family rentals across Napa Valley, serving Napa, Yountville, St. Helena, Calistoga, Sonoma, American Canyon, Hiddenbro summary from their website
Citified Realty & Property Management provides management services for single-family, multi-family, and commercial units in Philadelphia, focusing on tenant satisfaction. summary from their website
Chapel Realty Property Management. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $482,842 |
| Monthly Rent | $2,211 |
| Price-to-Rent | 18.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 3.0% |
📈 Home Appreciation
| 1-Year | +2.3% ▲ |
| 3-Year CAGR | -0.1% ▼ |
| 5-Year CAGR | -0.5% ▼ |
| 10-Year CAGR | +0.4% ▲ |
🏠 Rent Trends
| 1-Year | +2.4% ▲ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | +2.4% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 19103
Population: 25,602
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 19103
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Anderson Add B Sch
Bache-Martin Sch
Blaine James G Sch
Bryant William C Sch
Childs George W Sch
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Do rentals sit vacant long in Philadelphia, PA?
Philadelphia, PA sees elevated vacancy, which is reasonable relative to the broader PA rental market.
What is the best play in Philadelphia, PA?
Investors usually favor careful cash-flow rentals with hands-on management in Philadelphia, PA. With home values at $483K and rents near $2,211/mo, other strategies can work but produce consistent rather than outsized returns.
Is Philadelphia, PA a good market for buy-and-hold investors?
The 2.0/5 investability rating in Philadelphia, PA reflects its $483K prices and $2,211/mo rents. Investors generally consider it a solid option within PA.
Is Philadelphia, PA good for house hacking?
House hacking in Philadelphia, PA is reasonable to execute. Prices around $483K and rents of $2,211/mo solid owner-occupant economics.
Are rents high in Philadelphia, PA?
Investors in Philadelphia, PA typically see rents near $2,211/mo per month against $483K home values - a solid setup for rental cash flow.
You know 19103 now. You don’t know where it ranks.
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How 19103 ranks in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
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