Philadelphia Rental Market Update July 2025 | Zip Code 19111, Good Cause Eviction Law & Tenant Trends
Welcome to our July 2025 market update. While July is typically the hottest month for the rental season, we're seeing some interesting trends in Philadelphia's real estate market.
This update will dive into the numbers for the city as a whole and take a closer look at a specific, high-demand Northeast Philly zip code. We’ll also break down two crucial legal updates and share what today's tenants are really looking for.
The July 2025 Rental Market Snapshot
Citywide, the median listed rent was about $1,848, but the median closed rent was actually $1,795, a slight reduction that landlords should be aware of. The average time a unit spent on the market was a sluggish 50 days, indicating that tenants are taking their time.
Northeast Philly Spotlight: Zip Code 19111
This zip code is one of the largest and most diverse in Northeast Philadelphia, encompassing neighborhoods like Fox Chase, Rhawnhurst, Longhurst, and Oxford Circle.
Demographics: Approximately 42% of residents are renters, and the median household income is around $60,000. This confirms the area as a stable and desirable place for investment.
Rental Market Data: In July, the median listed and closed rent in 19111 were both $1,500. This consistency shows a strong, stable market without the price drops seen in the city overall. The average days on the market was just 32 days, significantly better than the citywide average. While this data is based on a small sample size, it suggests demand in this pocket of the city is holding up well.
Important Legal Updates for Landlords
Two key legal developments are impacting how you manage your properties and screen tenants in Pennsylvania.
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The Good Cause Eviction Law
This Philadelphia law requires landlords to have a "good cause" to non-renew a lease, particularly for month-to-month leases. This makes a one-year lease a much better option, as it provides more clarity and security for both you and your tenant. It's important to know the specific reasons that constitute a "good cause," such as if a landlord or a family member wants to move into the property. -
Eviction Records Bill
Pennsylvania has passed a new state bill that allows for the sealing of eviction records. The bill states that any eviction record older than seven years will automatically be removed from the public record. In addition, if an eviction case was not ruled against the tenant, it will not appear on their record at all. This will affect how you screen tenants outside of Philadelphia, and it is a new development that landlords in the city should be aware of.
What Tenants Want in a Rental
According to a recent survey, amenities are key to attracting and retaining good tenants in today's market. While you might assume amenities like a dishwasher or air conditioning would top the list, the data reveals some surprising insights:
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In-unit laundry: 63% of renters surveyed want in-unit laundry.
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Affordable rentals: 63% also look for affordable rentals.
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Safe and secure community: 62% want a safe and secured community.
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Well-kept common areas: 53% look for clean and well-kept common areas.
This means you need to ensure your units are competitively priced, and if you have a multi-family property, think about regular cleaning services or simple design elements to spruce up common areas.
