Real Estate Investing in Philadelphia, Pennsylvania (19118)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 19118 (Philadelphia, PA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 42.3 — hard to cash-flow at these prices.
What’s happening in Philadelphia, PA (19118)?
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Market Analysis: 19118 Philadelphia
Investors eyeing 19118 need to respect the fundamentals at play. Home values of $914K come alongside slower price movement and elevated management overhead.
In practical terms, the numbers look inviting — $914K purchase price, 0.0% nominal cap — the work to hit that pro forma in 19118 is substantial and deserves full respect.
The gap between 19118 and stronger Philadelphia ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 19118 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Philadelphia:
Property Strategy for 19118
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $565,815 | $2,290 | 2.9% | +5.2% | $282,908 |
| 3BR | $591,146 | $2,750 | 3.3% | +5.6% | $197,049 |
| 4BR | $945,565 | $3,070 | 2.3% | +6.0% | $236,391 |
| 5BR | $1,403,252 | — | — | +7.0% | $280,650 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 19118 Compare?
| Metric | 19118 | Philadelphia | Pennsylvania |
|---|---|---|---|
| Home Value | $913,721 | $260,324 | $278,018 |
| 5-Year CAGR | 4.8% | 1.2% | 6.3% |
| Avg Rent | $1,801 | $1,659 | - |
| Cap Rate | 1.5% | 5.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 19118 (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 | $913,721 |
| Monthly Rent | $1,801 |
| Price-to-Rent | 42.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.4% |
| Cap Rate | 1.5% |
| 5-Year IRR | 6.3% |
📈 Home Appreciation
| 1-Year | +9.0% ▲ |
| 3-Year CAGR | +4.9% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 Rent Trends
| 1-Year | -4.5% ▼ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | +3.2% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.5%). 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 19118
Population: 10,231
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 19118
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Emlen Eleanor C Sch
Hill Freedman World Academy
Roxborough HS
Saul W B Agricultural School
Cook-Wissahickon 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
Is PA a landlord-friendly state?
Philadelphia, PA operates under PA law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
How qualified is the tenant pool in Philadelphia, PA?
The renter base in Philadelphia, PA is reasonable for the $1,801/mo price point. Screening well and pricing to market typically yields consistent tenants.
How much is rent in Philadelphia, PA?
Rent in Philadelphia, PA is around $1,801/mo. The resulting rent-to-value relationship with $914K pricing is reasonable for most investor models.
How should investors approach Philadelphia, PA?
Philadelphia, PA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($914K prices, $1,801/mo rents) make it a reasonable choice.
What are home prices like in Philadelphia, PA?
Philadelphia, PA home values average about $914K. That price point suits investors targeting rentals with $1,801/mo in monthly income.
You know 19118 now. You don’t know where it ranks.
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How 19118 ranks in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
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