Housing data for Cheltenham Township, PA

Cheltenham Township, PA has an estimated 38,374 residents and 15,394 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a township in Montgomery County.

37.4% of households rent.

The median gross rent is $1,608 a month.

Its population grew measurably since 2015–2019 (+3.2%).

Figures last updated on .

Residents
38,374 (±55)
Housing units
15,394 (±515)
Households that rent
37.4%
Median gross rent
$1,608
Residents since 2015–2019
+3.2%

What stands out in Cheltenham Township

Median real estate taxes: $8,739 (±$320) in Cheltenham Township, higher than in Montgomery County ($5,875).

Homes heated by fuel oil: 4.9% (±1.1 points) in Cheltenham Township, lower than in Montgomery County (14.5%).

Commuting by public transportation: 8.6% (±1.5 points) in Cheltenham Township, higher than in Montgomery County (2.9%).

Households that rent: 37.4% (±2.7 points) in Cheltenham Township, higher than in Montgomery County (28.6%).

Housing in Cheltenham Township at a glance

Cheltenham Township against Montgomery County, its state and the nation

Estimate (90% margin of error)
Cheltenham TownshipMontgomery CountyPennsylvaniaUnited States
Residents38,374 (±55)867,573 (exact)13,018,639 (exact)334,922,499
Housing units15,394 (±515)350,351 (±250)5,806,452 (±672)143,775,355
Households that rent37.4% (±2.7 points)28.6% (±0.6 points)30.7% (±0.2 points)34.8%
Median gross rent$1,608 (±$76)$1,683 (±$19)$1,209 (±$5)$1,413
Median household income$109,022 (±$6,616)$113,915 (±$1,905)$77,971 (±$342)$80,734
Median home value$384,800 (±$12,672)$436,700 (±$2,838)$254,500 (±$767)$332,700
Median real estate taxes (a year)$8,739 (±$320)$5,875 (±$49)$3,311 (±$12)$3,119
Built before 198083.0% (±5.2 points)61.1% (±1.0 points)67.3% (±0.2 points)49.7%
Average commute30.6 minutes (±1.4)27.8 minutes (±0.3)26.3 minutes (±0.1)26.4 minutes
Households with broadband95.7% (±1.0 points)94.3% (±0.3 points)89.7% (±0.1 points)91.0%
Median age of residents40.6 years (±1.8)41.2 years (±0.2)40.9 years (±0.2)38.9 years

Cheltenham Township covers 9.0 square miles of land, about 4,251 residents per square mile (Census Bureau Gazetteer).

How Cheltenham Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents37,171 (±58)38,374 (±55)+3.2%Measurable increase
Housing units16,012 (±437)15,394 (±515)−3.9%Not a measurable change
Median gross rent$1,180 (±$36)$1,608 (±$76)+36.3%Up after inflation
Median home value$278,400 (±$7,427)$384,800 (±$12,672)+38.2%Up after inflation
Median household income$85,217 (±$5,130)$109,022 (±$6,616)+27.9%No measurable change after inflation
Median owner cost with a mortgage$2,340 (±$65)$2,793 (±$57)+19.4%No measurable change after inflation
Median real estate taxes$7,651 (±$255)$8,739 (±$320)+14.2%Down after inflation
Households that rent35.9% (±1.9 points)37.4% (±2.7 points)+1.5 percentage pointsNot a measurable change
Rental vacancy rate9.8% (±2.9 points)4.0% (±3.3 points)−5.8 percentage pointsMeasurable decrease

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Crime reported to police in Cheltenham Township

In 2025, the Cheltenham Township Police Department reported 347 violent and 8,902 property crimes per 100,000 residents to the FBI.

Across Montgomery County, the departments that report recorded 107 violent and 1,492 property crimes per 100,000 residents that year.

ZIP codes in Cheltenham Township

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
19012100%6,910$1,622$344,700$125,625
19095100%8,030$1,836$456,400$97,727
1902782%20,420$1,483$391,600$106,066
1903824%32,296$1,425$413,100$117,683

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Cheltenham Township

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Jenkintown1.3 mi$1,418$398,00032.7%
McKinley1.5 mi$2,096$346,4004.2%
Glenside1.9 mi$1,431$390,60023.1%
Rockledge2.6 mi$1,111$324,30029.1%
Abington Township2.8 mi$1,493$391,80022.7%
Wyndmoor3.0 mi$1,464$485,00013.7%
Oreland3.4 mi$1,261$420,7009.1%
Springfield Township (Montgomery County)3.6 mi$1,578$469,50017.0%

Places in Pennsylvania most like Cheltenham Township

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Upper Moreland Township$1,634$391,600$99,05442.2%
Ardmore$1,763$453,100$119,11137.0%
Willow Grove$1,765$357,300$98,06435.7%
Hatboro$1,911$351,000$112,56541.5%
Kenilworth$1,489$348,800$105,72933.8%
Ridley Park$1,350$281,700$93,59436.4%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Pennsylvania.

HUD Fair Market Rent for Cheltenham Township, fiscal year 2027

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$1,438$1,558$1,860$2,216$2,445

HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.

HUD income limits for Cheltenham Township, fiscal year 2026

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$25,800$42,950$68,750
2 people$29,450$49,100$78,550
3 people$33,150$55,250$88,350
4 people$36,800$61,350$98,150
5 people$39,750$66,300$106,050
6 people$44,360$71,200$113,900
7 people$50,040$76,100$121,750
8 people$55,720$81,000$129,600

These are the limits HUD sets for its housing programs in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA, where HUD’s median family income for fiscal year 2026 is $122,700.

A program can use its own limits; tax-credit and local programs often do.

The figures for Cheltenham Township include the places inside it that have pages of their own: Cheltenham Village, Elkins Park, Melrose Park, Oak Lane, Wyncote.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Cheltenham Township

What is the average rent in Cheltenham Township, PA?

The Census Bureau publishes the median rather than the average: the median gross rent in Cheltenham Township is $1,608 (±$76) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a one-bedroom apartment in Cheltenham Township?

The median gross rent for a one-bedroom home in Cheltenham Township, PA is $1,384 (±$70) a month (2020–2024 American Community Survey).

Are renters in Cheltenham Township rent-burdened?

53.0% of renting households in Cheltenham Township pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

How many renters are there in Cheltenham Township?

Cheltenham Township has an estimated 5,556 (±452) renting households, 37.4% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Cheltenham Township?

The median household income in Cheltenham Township is $109,022 (±$6,616) a year (2020–2024 American Community Survey).

What is the average home value in Cheltenham Township, PA?

The Census Bureau publishes the median: $384,800 (±$12,672) for owner-occupied homes in Cheltenham Township (2020–2024 American Community Survey).

Is Cheltenham Township growing?

In Cheltenham Township, the number of residents went from 37,171 in 2015–2019 to 38,374 in 2020–2024 (+3.2%), a measurable increase.

What ZIP codes are in Cheltenham Township?

The ZIP codes that cover Cheltenham Township are 19012, 19095, 19027, 19038.

What is the median rent in ZIP code 19012?

The median gross rent in ZIP Code Tabulation Area 19012 is $1,622 (±$582) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cheltenham township, Montgomery County, Pennsylvania (county subdivision:12968, in state:42 county:091).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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