Metropolitan Area

Philadelphia, PA

Pennsylvania0
58
/100
Hold
#572 of 894 metros
Top 64% nationally for investing

Market Snapshot

$390,463
Median Home Price
53% above national median
$1,914/mo
Median Rent
38% above national median
5.88%
Rent-to-Price Ratio
Top 50% nationally
-$919
Est. Monthly Cash Flow
With 20% down at 7.4% rate

Price History

Median Home Price

Median Rent

Stored observations from 2016-07-31 to 2026-06-29. Source: Zillow ZHVI/ZORI. Missing rents are shown as gaps.

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$390,463
Down Payment (20%)$78,093
Loan Amount$312,370
Interest Rate7.40%

Monthly Cash Flow

Gross Rent+$1,914
Monthly P&I-$2,163
Est. Expenses (35%)-$670
Net Cash Flow-$919/mo
3.8%
Cap Rate (all cash)
-12.3%
Cash-on-Cash Return
5.88%
Rent-to-Price Ratio
Negative leverage: At 7.40% rates, borrowing costs exceed the 3.8% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Score Breakdown

Overall Investment Score
58/100
58
Cash Flow(30%)
58/100

Based on 5.88% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
75/100

Based on 3.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
46/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Low unemployment (0.0%)

Challenges

  • -Negative cash flow at typical financing (-$919/mo)
  • -Negative leverage (cap rate 3.8% < mortgage rate 7.4%)

Counties in Philadelphia, PA

County data is being compiled for this metro area.

Section 8 in Philadelphia, PA: payment standards by ZIP, PHA waitlist status, and voucher counts are on VoucherMatch, the same HUD dataset with the tenant demand side attached.

Compare to Similar Metros

Metro AreaVerdict
Muscatine, IA
Muscatine, IA
78$203,082Est.Strong BuyView
Danville, IL
Danville, IL
78$99,458$89110.75%Strong BuyView
Grenada, MS
Grenada, MS
78$132,409Est.Strong BuyView
Spencer, IA
Spencer, IA
78$195,413Est.Strong BuyView
Selma, AL
Selma, AL
78$90,709Est.Strong BuyView
Current
Philadelphia, PA
58$390,463$1,9145.88%Hold

The Bottom Line

HoldPhiladelphia, PA is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Philadelphia, PA metro area scores 58/100, ranking #572 of 894 US metros (top 64%). The 5.88% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-919/mo
Cap Rate
3.8%
Cash-on-Cash
-14.1%

Ready to Invest in Philadelphia, PA?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.