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 | $1,340 |
| 1 Bedroom | $1,450 |
| 2 Bedrooms | $1,730 |
| 3 Bedrooms | $2,060 |
| 4 Bedrooms | $2,270 |
| 5 Bedrooms | $2,633 |
| 6 Bedrooms | $2,949 |
| 7 Bedrooms | $3,185 |
| 8 Bedrooms | $3,344 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $2,060 | $358,615 | 0.57% | F |
| 4BR | $2,270 | $404,367 | 0.56% | F |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors targeting ZIP code 08091 reveals a favorable opportunity. The HUD Fair Market Rent (FMR) for FY 2024 is set at $1,670, which is notably higher than the average market rent of $1,372 based on Census ACS data. This means that voucher tenants can generate positive cash flow at the FMR rate, making it an attractive option for landlords and small-portfolio investors.
To further understand the investment potential, consider the median home value in ZIP 08091, which stands at $350,620. Using this figure, we can calculate the rent-to-price ratio. With an average market rent of $1,372, the annual rent would be approximately $16,464. Dividing this by the median home value gives us a rent-to-price ratio of about 4.7%. This ratio suggests that rental income could be a significant portion of the property's value, enhancing the appeal of rental investments over home ownership in this area.
Note that the median Days on Market (DOM) and the percentage of price cuts are not applicable in this scenario. However, given the positive cash flow potential, these metrics do not significantly impact the decision-making process for investors focusing on rental properties.
The strongest angle for investors in ZIP 08091 is cash flow. The difference between the HUD FMR and the actual market rent provides a substantial margin for covering expenses and generating profit, making it a prime location for those seeking reliable income streams from their investments.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.