What percentage of people rent in Cheltenham Township, PA?

Name: Renters and owners in Cheltenham Township, PA, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

37.4% (±2.7 points) of the occupied homes in Cheltenham Township, PA are rented (2020–2024 American Community Survey).

That is 5,556 renting households against 9,303 that own their home.

In Cheltenham Township, the share of households that rent went from 35.9% in 2015–2019 to 37.4% in 2020–2024 (+1.5 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 37.4% (±2.7 points)
Renting households: 5,556 (±452)
Median renter income: $55,604 (±$6,394)

Who rents and who owns in Cheltenham Township

Tenure, estimate (90% margin of error)
	Cheltenham Township	Montgomery County	Pennsylvania	United States
Renter-occupied share	37.4% (±2.7 points)	28.6% (±0.6 points)	30.7% (±0.2 points)	34.8%
Renting households	5,556 (±452)	96,010 (±2,096)	1,617,882 (±10,181)	45,017,354
Owning households	9,303 (±491)	239,495 (±2,085)	3,656,971 (±15,249)	84,210,142
Average renter household size	1.9 (±0.1)	2.0 (±0.0)	2.1 (±0.0)	2.3
Average owner household size	2.8 (±0.1)	2.7 (±0.0)	2.5 (±0.0)	2.6
Median renter household income	$55,604 (±$6,394)	$65,931 (±$1,921)	$47,506 (±$425)	$52,966
Median owner household income	$157,671 (±$9,712)	$141,062 (±$1,682)	$95,990 (±$362)	$100,009

In Cheltenham Township, the renter share is higher than in Montgomery County (28.6%).

It is also higher than in Pennsylvania (30.7%).

It is not measurably different from the national figure (34.8%).

In Montgomery County, Cheltenham Township ranks 17 of 62 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 420 of 2,557.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Cheltenham Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	35.9% (±1.9 points)	37.4% (±2.7 points)	+1.5 percentage points	Not a measurable change
Median gross rent	$1,180 (±$36)	$1,608 (±$76)	+36.3%	Up after inflation
Median household income	$85,217 (±$5,130)	$109,022 (±$6,616)	+27.9%	No measurable change after inflation

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.

Households that rent in places near Cheltenham Township

Nearest places with a published estimate, compared with Cheltenham Township
Place	Distance	Households that rent	Compared with this place
Cheltenham Township	—	37.4% (±2.7 points)	—
Jenkintown	1.3 mi	32.7% (±7.7 points)	Not measurably different
McKinley	1.5 mi	4.2% (±4.6 points)	Lower
Glenside	1.9 mi	23.1% (±5.1 points)	Lower
Rockledge	2.6 mi	29.1% (±7.6 points)	Lower
Abington Township	2.8 mi	22.7% (±2.5 points)	Lower
Wyndmoor	3.0 mi	13.7% (±5.2 points)	Lower
Oreland	3.4 mi	9.1% (±3.6 points)	Lower
Springfield Township (Montgomery County)	3.6 mi	17.0% (±2.8 points)	Lower

Nearby places with a measurably lower figure: McKinley, PA (4.2%), Glenside, PA (23.1%), Rockledge, PA (29.1%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Montgomery County, place by place

Rank	Place	Households that rent
11	Upper Moreland Township	42.2% (±3.4 points)
12	Schwenksville	41.6% (±6.7 points)
13	Hatboro	41.5% (±5.8 points)
14	East Greenville	40.3% (±7.9 points)
15	Telford	38.1% (±5.3 points)
16	Souderton	38.0% (±4.7 points)
17	Cheltenham Township	37.4% (±2.7 points)
18	Hatfield Township	37.3% (±3.2 points)
19	West Pottsgrove Township	34.9% (±6.7 points)
20	Towamencin Township	33.9% (±4.2 points)
21	Plymouth Township (Montgomery County)	33.1% (±3.1 points)
22	Jenkintown	32.7% (±7.7 points)
23	Bryn Athyn	32.6% (±8.5 points)

Showing 13 of 62 places in Montgomery County, ranked from highest to lowest.

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

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).

Is renting growing in Cheltenham Township?

In Cheltenham Township, the share of households that rent went from 35.9% in 2015–2019 to 37.4% in 2020–2024 (+1.5 percentage points), not a measurable change.

How big are renting households in Cheltenham Township?

A renting household in Cheltenham Township has 1.9 people on average, against 2.8 in an owned home.

How much do renters earn in Cheltenham Township?

The median renting household in Cheltenham Township, PA has an income of $55,604 (±$6,394) a year, against $157,671 for households that own their home.

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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.