What are the top zip codes in Philadelphia for new apartments?

Over the last decade, developers completed more than 32,000 new apartments across Philadelphia, offering renters substantially more affordable options than coastal cities while maintaining strong transit access and urban amenities. Understanding where construction concentrated can help apartment hunters find the best combination of location, value, and lifestyle fit.

Which Philadelphia neighborhoods added the most apartments?

Living in Philadelphia offers a balance between the energy of a major city and the affordability of a mid-sized one. The cost of living here is about 10% higher than the Pennsylvania state average and 5% higher than the national average, but still notably below that of cities like New York, Boston, or Washington, D.C.

To help renters navigate this expanding market, we’ve identified the areas where new apartment development is most concentrated:

4,459 new apartments put zip code 19104 at the top of Philadelphia’s construction list

Zip code 19104 added 4,459 new apartments, making it Philadelphia’s most active area for new residential development. The zip code covers University City west of the Schuylkill River, including areas near Market Street, Walnut Street, and Baltimore Avenue.

Transit options include the Market-Frankford Line, multiple SEPTA trolley routes (10, 11, 13, 34, 36), Regional Rail at 30th Street Station, and university shuttles such as LUCY. Major employers include the University of Pennsylvania, Drexel University, Penn Medicine, Children’s Hospital of Philadelphia, and the University City Science Center, with Center City reachable in about 10–15 minutes.

Zip code 19123 added 4,268 new apartments

Zip code 19123 gained 4,268 new apartments, reflecting continued residential growth just north of Center City. The zip code sits between Old City and Fishtown and includes former industrial areas redeveloped into mixed-use residential corridors.

The area is served by the Market-Frankford Line at Spring Garden and Girard stations, along with multiple bus routes and the Route 15 trolley. Center City employment hubs are typically under 10 minutes away by subway, while nearby job centers include Old City offices, Fishtown hospitality businesses, and downtown finance, tech, and professional services firms.

2,243 new apartments expand housing options in zip code 19130

Zip code 19130 added 2,243 new apartments, increasing rental options north of Center City near Fairmount Park. The zip code stretches from Vine Street to Girard Avenue, offering access to major cultural institutions and green space.

Transit access includes the Market-Frankford Line at Spring Garden, the Broad Street Line along the eastern edge, and several bus routes. Center City jobs are about 10–15 minutes away, while University City employers—including hospitals and universities—are reachable in roughly 15–20 minutes.

Zip code 19107 delivers 2,235 new apartments

Zip code 19107 added 2,235 new apartments across nine buildings, placing renters in the heart of downtown Philadelphia. The zip code includes portions of Washington Square West and sits within walking distance of many of the city’s core employment and entertainment destinations.

The area benefits from access to both subway lines, multiple trolley routes, and Regional Rail at Jefferson and Suburban Stations. Center City’s employment base includes Comcast, law firms, healthcare systems, universities, hospitality, and professional services, allowing many residents to walk to work.

2,093 new apartments grow zip code 19103’s inventory

Zip code 19103 added 2,093 new apartments, reinforcing its position as one of Philadelphia’s most established residential zip codes. The area surrounds Rittenhouse Square and sits between Market Street and the Schuylkill River.

Residents rely on nearby Market-Frankford and Broad Street Line stations, extensive bus service, and Suburban Station for Regional Rail. Employment opportunities surround the zip code, with dense concentrations of law firms, consulting companies, financial services, and corporate offices, while University City employers remain accessible within 15–20 minutes.

Top 5 zip codes for new apartments in Philadelphia, PA

* Total new apartments completed between 2015 and 2025.

Source:
RentCafe.com analysis of Yardi data as of July 2025

Philadelphia’s rental market remains resilient as steady employment and institutional demand continue to drive multifamily performance across the city. Development has concentrated in submarkets offering strong job access, walkability, and lifestyle amenities, supporting long-term renter interest in urban neighborhoods.

While new supply has entered the pipeline, consistent demand from healthcare, education, and tech sectors has kept the market balanced. Ongoing economic diversification and a growing population of young professionals and remote workers continue to reinforce Philadelphia’s position as one of the Mid-Atlantic’s most stable and dynamic rental markets.

Methodology

RentCafe.com is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the U.S.

This study uses data from 2015–2025, with the ‘past decade’ referring to this period.