Philadelphia, PA housing market
Typical home value
$232K
■ 0.0% 1 yr
Typical rent
$1,757/mo
▲ 3.4% 1 yr
Gross rent yield
9.1%
U.S. 6.3%
5-year home value change
+9%
U.S. +20%
Key takeaways
- 1The typical home in Philadelphia is worth $231,584, up 0.0% over the past year and up 9% over five years.
- 2Typical rent is $1,757 a month (+3.4% YoY), a gross rent yield of 9.1% (above the Philadelphia, PA metro's 5.9%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,273/mo, $484 less than typical rent.
- 4Zillow forecasts the Philadelphia, PA metro's home values to change +2.0% over the next 12 months.
Market temperature (Philadelphia, PA metro)
Neutral market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 52/100, #108 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Philadelphia compares
| Measure | Philadelphia | Philadelphia, PA metro | United States |
|---|---|---|---|
| Typical home value | $231,584 | $386,048 | $366,157 |
| Home value, 1-yr change | +0.0% | +2.5% | +1.2% |
| Typical rent | $1,757 | $1,903 | $1,932 |
| Rent, 1-yr change | +3.4% | +3.3% | +2.7% |
| Gross rent yield | 9.1% | 5.9% | 6.3% |
| Price-to-rent ratio | 11.0 | 16.9 | 15.8 |
| Mortgage P&I, typical home | $1,273 | $2,122 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Philadelphia rental, pre-filled.
Rent vs buy in Philadelphia
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $232K home.
Landlord in Pennsylvania? See Pennsylvania deposit, late fee and notice rules.
Other cities in the Philadelphia, PA metro
Wilmington, DE
$327K home$1,757 rent
▲ 1.6% 1 yr
Newark, DE
$364K home$2,036 rent
▲ 0.8% 1 yr
West Chester, PA
$663K home$2,277 rent
▲ 3.4% 1 yr
Camden, NJ
$149K home$1,787 rent
▼ 3.2% 1 yr
Norristown, PA
$333K home$1,785 rent
▲ 2.2% 1 yr
Pottstown, PA
$359K home$1,787 rent
▲ 2.8% 1 yr
Levittown, PA
$399K home$1,836 rent
▲ 3.1% 1 yr
Lansdale, PA
$502K home$1,969 rent
▲ 2.1% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.