Location: Philadelphia-Camden-Wilmington, PA | Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,690 |
| 1 Bedroom | $1,830 |
| 2 Bedrooms | $2,180 |
| 3 Bedrooms | $2,600 |
| 4 Bedrooms | $2,870 |
| 5 Bedrooms | $3,329 |
| 6 Bedrooms | $3,728 |
| 7 Bedrooms | $4,026 |
| 8 Bedrooms | $4,227 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,180 | $352,466 | 0.62% | D |
| 3BR | $2,600 | $555,846 | 0.47% | F |
| 4BR | $2,870 | $951,110 | 0.3% | F |
| 5BR | $3,329 | $1,300,464 | 0.26% | F |
U.S. Census Bureau data (2024)
The ZIP code 08057, located in Moorestown Township, New Jersey, presents a unique balance between yield and stability for Section 8 real-estate investments.
On the yield axis, the Fair Market Rent (FMR) for FY 2024 is set at $1890, which is significantly lower than the market rent of $2,070. This indicates that properties in this area could be rented out for a higher rate if not bound by Section 8 restrictions. However, the FMR still offers a decent return when compared to the median home value of $737,348. To put this into perspective, if an investor purchases a property at the median price, the annual rental income under Section 8 would be approximately $22,680, resulting in a yield of about 3.1%.
Regarding stability, the ZIP code shows a relatively low percentage of renters at 18.7%, which suggests that the majority of residents are homeowners. This can imply less demand for rental properties overall, but it also points towards a stable community where tenants are likely to stay longer. The median household income of $158,770 provides a strong financial foundation for potential tenants, reducing the risk of default. Unfortunately, the data does not provide the average days on market (DOM), which would have helped gauge how quickly properties can be rented out.
Based on these figures, ZIP 08057 leans more towards being a steady-cashflow zone rather than a high-yield/low-stability market. The relatively low renter population and high median income support long-term tenancy and financial reliability. While the yield is modest, the stability offered by the higher income levels and established homeowner base makes this area suitable for investors seeking consistent returns over time.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.