CostBy County

Cost of Living in Philadelphia County, Pennsylvania

$1,397/mo
Median Monthly Rent
$243,100
Median Home Value

At a Glance

Median Monthly Rent
$1,397/mo
41% above state average
Median Home Value
$243,100
27% below national
Census GRAPI
31.4%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Stretched
Median gross rent is 30–50% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Philadelphia County Compares

Median monthly rent comparison

Philadelphia County$1,397/mo
Pennsylvania Average$991/mo
National Median$1,413/mo

Detailed Housing Stats

$1,397/mo
Median Gross Rent
$243,100
Median Home Value
$1,118/mo
Monthly Owner Cost
31.4%
Census GRAPI

National Ranking

Affordability Rank

Philadelphia County ranks #2,625 of 3,142 counties for affordability (bottom 16%)

Most AffordableLeast Affordable

Sourced county brief

Philadelphia County Median Gross Rent Reaches $1,397 Monthly

Philadelphia County's median gross rent was estimated at $1,397 per month in the ACS 2020-2024 5-Year Estimates, which is higher than the Pennsylvania unweighted county mean of $991. The official Gross Rent as a Percentage of Household Income (GRAPI) was 31.4%, which is 3.7 percentage points above the state unweighted county mean of 27.7%. For owner-occupied housing, the median home value was $243,100, exceeding the state unweighted county mean of $212,079. Median monthly owner costs were $1,118, compared to a state unweighted county mean of $1,010. The median renter-household income was recorded at $48,344. These data points provide a snapshot of housing-tenure costs and are not intended to suggest future affordability trends or investment quality. The reporting is based exclusively on the provided U.S. Census Bureau dataset. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Philadelphia County

Affordability Verdict

ACS B25071 estimates median gross rent at 31.4% of renter household income in Philadelphia County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $1,397 per month; median selected monthly owner costs are $1,118. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $55,880 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Pennsylvania unweighted mean of county median rents is $991 per month. Philadelphia County's $1,397 median is 41.0% above that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Philadelphia County

$

Rent Burden

27.1%

of gross income

Max Housing (28% Rule)

$1,446

per month

Owner Cost Burden

21.7%

of gross income

The median home in Philadelphia County may be a stretch

Median home value is $243,100. Estimated monthly cost: $1,941 vs. your max of $1,446.

Rent Affordability Guide

Your entered rent as a share of entered income27.1%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $61,953Needed: $55,880
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $61,953Needed: $47,914
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $61,953Needed: $56,576

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Philadelphia County, Pennsylvania?
Philadelphia County, Pennsylvania has a median monthly rent of $1,397/mo and a median home value of $243,100. The affordability rating is Stretched, with median gross rent equal to approximately 31.4% of renter household income.
What is the median rent in Philadelphia County?
The median gross rent in Philadelphia County is $1,397/mo. This is 41% above state average for Pennsylvania.
Is Philadelphia County affordable?
Philadelphia County is rated Stretched using the Census median gross-rent-as-a-percentage-of-income measure of 31.4%. Median gross rent is 30–50% of renter household income.
How does Philadelphia County's rent compare to the state average?
Philadelphia County's median rent of $1,397/mo is 41% above state average of $991/mo for Pennsylvania.
What is the median home value in Philadelphia County?
The median home value in Philadelphia County, Pennsylvania is $243,100. This is 27% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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