Real Estate Investing in Hatboro, Pennsylvania (19040)

Montgomery County • Population: 21,866 • Data updated: June 2026

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Should you buy in 19040 (Hatboro, PA)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (76/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Hatboro, PA (19040)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $449,545
Avg Monthly Rent $1,750
1% Rule ✗ Does Not Meet
Median Income $105,729
% Renters 28.0%

Market Analysis: 19040 Hatboro

Investors eyeing 19040 need to respect the fundamentals at play. Home values of $450K come alongside slower price movement and elevated management overhead.

Rent of $1,750/mo on a $450K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 19040 sits below the stated 0.0% once reality is priced in.

Statewide comparisons place 19040 among PA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Resident income in 19040 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

The right play in 19040 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.49% as of Jun 25 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Hatboro:

C+ Average
Buy Confidence Score: 69/100
Affordability
15/25
Appreciation
18/25
Stability
13/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.3× the median income
Value Trend
Rising (+5.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,750/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 19040

Which property type performs best in this market?

Best for Cash Flow
2BR
4.4% cap rate
Best for Appreciation
2BR
+6.8% 5yr CAGR
Best Overall Value
5BR
$111,796/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $337,065 $2,080 4.4% +6.8% $168,533
3BR $409,632 $2,490 4.4% +6.1% $136,544
4BR $510,769 $2,780 3.9% +6.3% $127,692
5BR $558,980 +6.7% $111,796

Market Trends

Home Value History (with trend line)

$466K$419K$371K$324K$277K$229KMay 2006May 2016May 2026

Rent History (with trend line)

$2,620$2,433$2,246$2,059$1,872$1,685Aug 2025Jan 2026May 2026

📊 How Does 19040 Compare?

Metric 19040 Hatboro Pennsylvania
Home Value $449,545 $449,545 $278,018
5-Year CAGR 4.9% 4.9% 6.3%
Avg Rent $1,750 $1,750 -
Cap Rate 3.0% 3.0% -
💡 Why Invest in 19040? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 19040 (Hatboro, PA). Anonymous, moderated, never written by AI.

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Property managers serving Montgomery County

Manage rentals here? List your business →

Apartment Property Management Services 42 LLC. summary from their website

Small multifamily
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Big Realty Property Management. summary from their website

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Lindy Communities offers apartments in Greater Philadelphia, PA, FL & OH, including pet-friendly options. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
3.0%
Low
5yr Growth
+4.9%
Moderate

📊 Market Snapshot

Home Value $449,545
Monthly Rent $1,750
Price-to-Rent 21.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.7%
Cap Rate 3.0%
5-Year IRR 8.0%

📈 Home Appreciation

1-Year +5.0% ▲
3-Year CAGR +4.0% ▲
5-Year CAGR +4.9% ▲
10-Year CAGR +5.2% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.0%  |  30yr Rate: 6.5%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (3.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
4.1%
Low risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+4.9%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 19040

Population: 21,866

💰 Median Household Income
$105,729
This area
$105,729
State
$73,647
USA
$74,580
🏠 Renter Occupied
28.0%
This area
28.0%
State
23.0%
USA
34.0%
💼 Unemployment Rate
3.1%
This area
3.1%
State
-7.4%
USA
3.7%
🎓 College Educated
36.6%
This area
36.6%
State
12.3%
USA
33.7%
👤 Median Age
40.0 years
This area
40.0 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
4.1%
This area
4.1%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 86.1%
Other/Mixed 7.8%
Hispanic/Latino 5.5%
Black/African American 3.6%
Asian 2.4%
👶 Under 18
21.3%
This area
21.3%
USA
22.0%
👴 65 and Over
19.4%
This area
19.4%
USA
17.3%
📊 Poverty Rate
2.7%
This area
2.7%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 19040

A+ Avg School Grade
4 Schools
12.2:1 Avg Class Size
$23,622 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Blair Mill Elementary

📚 K – 05 Elementary
👥
392 Students
👨‍🏫
11.5:1 Class Size
💰
$27,334 Per Student
A+ Excellent

Crooked Billet El Sch

📚 K – 05 Elementary
👥
451 Students
👨‍🏫
11.0:1 Class Size
💰
$27,334 Per Student
A+ Excellent

Upper Moreland MS

📚 06 – 08 Middle
👥
819 Students
👨‍🏫
11.4:1 Class Size
💰
$19,910 Per Student
B+ Above Average

Upper Moreland El Sch

📚 K – 05 Elementary
👥
1,633 Students
👨‍🏫
14.9:1 Class Size
💰
$19,910 Per Student

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

Hallowell El Sch

📚 K – 05 Elementary
📍 501 Moreland Ave, Horsham
👥
429 Students
👨‍🏫
11.0:1 Class Size
💰
$27,334 Per Student
A+ Excellent

Simmons El Sch

📚 K – 05 Elementary
📍 411 Babylon Rd, Horsham
👥
581 Students
👨‍🏫
11.3:1 Class Size
💰
$27,334 Per Student
A+ Excellent

Keith Valley MS

📚 06 – 08 Middle
📍 227 Meetinghouse Road, Horsham
👥
987 Students
👨‍🏫
10.2:1 Class Size
💰
$27,334 Per Student
A+ Excellent

Thomas Fitzwater El Sch

📚 K – 05 Elementary
📍 School Lane, Willow Grove
👥
444 Students
👨‍🏫
13.5:1 Class Size
💰
$28,694 Per Student
A+ Excellent

Willow Hill Sch

📚 K – 05 Elementary
📍 1700 Coolidge Avenue, Willow Grove
👥
371 Students
👨‍🏫
12.1:1 Class Size
💰
$22,414 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby 558 Off-Campus Students
C
Eastern Center for Arts and Technology
181 students · 1.3 mi
D
Won Institute of Graduate Studies
112 students · 2.2 mi
C
Automotive Training Center-Warminster
275 students · 2.3 mi
C
Bryn Athyn College of the New Church
285 students · 3.8 mi
C
Pennsylvania State University-Penn State Abington
3,095 students · 4.2 mi
C+
Bucks County School of Beauty Culture Inc
112 students · 5.3 mi
D
PITC Institute
113 students · 5.9 mi
D
Manor College
599 students · 6.2 mi

Investor Insight: With 558 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How quickly do rentals get leased in Hatboro, PA?

Hatboro, PA carries elevated vacancy risk. Expect consistent absorption at market rents of $1,750/mo.

How do experienced investors play Hatboro, PA?

The best-fit strategy in Hatboro, PA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

How much does a house cost in Hatboro, PA?

In Hatboro, PA the median home value sits at $450K. Against the broader PA market, that reads as reasonable for most investors.

What is it like being a landlord in Hatboro, PA?

PA ranks as a landlord-friendly state for landlord-tenant law. Hatboro generally follows the statewide framework, so landlords face reasonable operating rules.

What is the average monthly rent in Hatboro, PA?

Expect rents around $1,750/mo per month in Hatboro, PA. With home values at $450K, the yield math works out to reasonable levels for rental investors.

See what 19040 really looks like for investors

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