Real Estate Investing in Philadelphia, Pennsylvania (19134)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 19134 (Philadelphia, PA)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Declining values: -1.4% 5-year CAGR — values have moved lower.
- Elevated vacancy: 11.8% vacancy may signal weakening demand.
- Elevated poverty: 36.2% poverty rate — can affect rent collection.
- Lower household income: $39,412 median — tenant affordability is tighter.
What’s happening in Philadelphia, PA (19134)?
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Market Analysis: 19134 Philadelphia
Homes in the 19134 ZIP trade near $119K, a discount that has historically rewarded investors willing to renovate. Rent comps near $1,432/mo support the pro forma.
In 19134, the deal is made on the buy and on the capex. sturdy entry prices of $119K leave room in the budget for light-to-medium renovation, with rent lift to match.
Statewide, PA value-add investors migrate toward ZIPs with 19134's profile — older stock, soft but real rent growth, and $119K pricing that keeps rehab math workable.
Demographically, 19134 is a working ZIP — not a luxury market. That profile is exactly what value-add operators need in order to price their renovated product correctly.
Experienced operators with contractor networks find 19134 an appealing option for. First-time flippers often underestimate scope, budget, and timeline, which is how deals here turn sour.
Here's what matters if you're considering buying a home in Philadelphia:
Property Strategy for 19134
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $131,657 | $1,530 | 8.4% | +1.5% | $65,828 |
| 3BR | $105,446 | $1,830 | 12.5% | +1.2% | $35,149 |
| 4BR | $167,536 | $2,050 | 8.8% | +2.9% | $41,884 |
| 5BR | $190,639 | — | — | +4.7% | $38,128 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 19134 Compare?
| Metric | 19134 | Philadelphia | Pennsylvania |
|---|---|---|---|
| Home Value | $119,077 | $260,324 | $278,018 |
| 5-Year CAGR | N/A | 1.2% | 6.3% |
| Avg Rent | $1,432 | $1,659 | - |
| Cap Rate | 9.4% | 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 19134 (Philadelphia, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $119,077 |
| Monthly Rent | $1,432 |
| Price-to-Rent | 6.9:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 14.4% |
| Cap Rate | 9.4% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +5.1% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | -1.4% ▼ |
| 10-Year CAGR | +6.9% ▲ |
🏠 Rent Trends
| 1-Year | +3.0% ▲ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | +4.2% ▲ |
The estimated cap rate (9.4%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 19134
Population: 56,750
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 19134
Schools in This ZIP Code
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
Investor Insight: With 10,448 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Does a duplex house hack pencil in Philadelphia, PA?
House hacking in Philadelphia, PA is an attractive. With home values around $119K and rents at $1,432/mo, owner-occupants can offset a meaningful share of PITI.
Does Philadelphia, PA meet the 1% rule for rental property?
Philadelphia, PA delivers a 1.20% rent-to-price ratio on average. Investors targeting the 1% rule will find solid opportunities.
Does BRRRR pencil out in Philadelphia, PA?
Investors running BRRRR in Philadelphia, PA see a strong outcomes. Deal flow and rehab execution matter more than the macro here.
Is Philadelphia, PA a smart market for rental property?
Philadelphia, PA scores 4.0/5 for investability. Home values sit at $119K and rents near $1,432/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What price range are homes in Philadelphia, PA?
Philadelphia, PA home values average about $119K. That price point suits investors targeting rentals with $1,432/mo in monthly income.
You know 19134 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 19134 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 19134 ranks in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
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