Housing market/Pennsylvania/ZIP 19012

ACS 2023 · FY2027 SAFMR

ZIP 19012 Cheltenham, Pennsylvania

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA · Pennsylvania. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
6,787
Households
2,237
Median HH income
$117,614
Renter share
16.0%
Median gross rent
$1,226
Vacancy
3.3%
Pop. change
+1.3%
2BR SAFMR
$1,740
SAFMR / rent
1.419×
2–49 unit stock
368
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 19012 · PA — sent to you.

ZIP 19012 · PA

ACS median rent$1,226
2BR SAFMR$1,740
90% floor$1,566
110% ceiling$1,914

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 19012

  • 1-unit detached1,50365.0%
  • 1-unit attached44319.1%
  • 2–4 units28912.5%
  • 5–49 units793.4%
TypeUnitsShare
1-unit detached1,50365.0%
1-unit attached44319.1%
2 units (duplex)1868.0%
3–4 units1034.5%
5–9 units492.1%
10–19 units00.0%
20–49 units301.3%
50+ units00.0%
Mobile00.0%

2–4 unit share 12.5% · 5–49 unit share 3.4% · combined 2–49 15.9%.

Units by bedrooms

Studio
0
1BR
158
2BR
307
3BR
967
4BR
656
5+
226

Rent burden

Rent ≥30% of income34.4%
Rent ≥50% of income8.1%
  • ACS median gross rent $1,226 (all bedrooms, occupied rentals).
  • Median contract rent $1,170.
  • Renters paying ≥30% of income 34.4%; ≥50% 8.1%.
  • FY2027 2BR SAFMR $1,740 (1.419× ACS median gross rent).

Population

6,787 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.3%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 993 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 19012 16.0% of occupied households are renters; vacancy is 3.3%; ACS median gross rent is $1,226; population increased +1.3% between the 2018 and 2023 ACS vintages; the housing stock includes 289 units in 2–4-unit structures and 79 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,740 versus ACS median gross rent of $1,226. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Pennsylvania research

ZIP 19012 is a Census / HUD profile for Philadelphia-Camden-Wilmington, PA-NJ-DE-MD, PA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Pennsylvania research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 19012?

ZIP 19012 (Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA) has 6,787 residents, 2,237 households, a renter share of 16.0%, median household income of $117,614, and ACS 2023 median gross rent of $1,226. Vacancy is 3.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 19012?

ACS counts 186 units in 2-unit buildings, 103 in 3–4 unit buildings, 49 in 5–9, 0 in 10–19, and 30 in 20–49. Combined 2–49 unit stock is 368 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 19012?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,740. See the full schedule and 90–110% payment-standard band on the ZIP 19012 — Cheltenham, PA HUD Section 8 Payment Standards / SAFMR.

Does this Pennsylvania ZIP profile include Georgia listings?

No. ZIP 19012 is Census / HUD research for Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA. Jeff Crowe CRE does not list Pennsylvania property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.