Chestnut Hill (19118) Rental Market Update — July 2026
TrustArt Realty Market Snapshot | Business Development Team
Current Market Snapshot
Here is what TrustArt Realty is seeing right now in Chestnut Hill —
zip code 19118 in Northwest Philadelphia.
| Metric | 19118 — July 2026 |
|---|---|
| Active rental listings | 8 units |
| Average days on market | 56 days |
| Average rental price | $2,000/month |
| Median household income | $110,000/year |
What This Means for Chestnut Hill Landlords
Only 8 active listings. That is the tightest inventory of any zip
code we have covered across Philadelphia. With a $110,000 median
household income — the highest we track — and just 8 units competing
for tenants, Chestnut Hill is Philadelphia's most exclusive rental
submarket.
At 56 days average vacancy — slightly above the citywide average —
the market is moving reasonably well for a premium price point.
Tenants here are highly selective, have the income to wait for the
right unit, and expect a level of property condition and landlord
responsiveness that matches the $2,000 rent.
What drives demand in Chestnut Hill:
- The Chestnut Hill West and Chestnut Hill East regional rail lines
provide direct Center City access — proximity to a station is a
significant value driver - Walkable access to Germantown Avenue shops, restaurants, and
Chestnut Hill's village character is a major tenant draw - Property condition expectations are the highest in Northwest
Philadelphia — fully updated units at $2,000 will outperform
dated units asking the same price every time - With only 8 active listings, well-presented units at the right
price point move — overpriced or under-maintained units are the
ones sitting
For full property management services in Chestnut Hill and
surrounding Northwest Philadelphia neighborhoods, visit our
Northwest Philadelphia property management page.
Curious What Your Chestnut Hill Property Is Worth?
Contact TrustArt Realty for a free rental analysis — no pressure,
no obligation.
📞 (267) 929-1500
🌐 trustartrealty.com