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 | $1,770 |
| 1 Bedroom | $1,910 |
| 2 Bedrooms | $2,290 |
| 3 Bedrooms | $2,720 |
| 4 Bedrooms | $3,010 |
| 5 Bedrooms | $3,492 |
| 6 Bedrooms | $3,911 |
| 7 Bedrooms | $4,224 |
| 8 Bedrooms | $4,435 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,290 | $423,642 | 0.54% | F |
| 3BR | $2,720 | $542,905 | 0.5% | F |
| 4BR | $3,010 | $810,696 | 0.37% | F |
| 5BR | $3,492 | $1,049,464 | 0.33% | F |
U.S. Census Bureau data (2024)
The ZIP code 18929, located in Jamison, Pennsylvania, stands out within Bucks County due to its unique demographic and economic characteristics. With a population of 9,748 residents, only 3.9% rent their homes, indicating a predominantly owner-occupied area. The median household income is $179,380, reflecting a relatively affluent community. The median home value of $715,650 further underscores the high cost of living and property values in this ZIP.
Despite the high median home value, the Federal Market Rent (FMR) for ZIP 18929 in fiscal year 2024 is set at $2,610, which is notably lower than the market's ZORI (Zillow Rent Index) of $3,000. This discrepancy suggests that landlords participating in the Section 8 program can expect to receive slightly less than the average market rent for units in this area. However, the program still offers a reliable source of income with government-backed payments, making it an attractive option for landlords in Jamison.
The data signature for ZIP 18929 reads as stable. The low rental rate indicates that most residents prefer homeownership, which is supported by the high median income and home values. The slight difference between the FMR and ZORI also implies that while the rental market is not booming, it remains steady and predictable, offering landlords consistent returns without the volatility often seen in transitional markets.
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.