Section 8 Fair Market Rent (FMR) for ZIP 19001 - 2027

Location: Philadelphia-Camden-Wilmington, PA | Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA

Investment Score for ZIP 19001

Monthly Rent (2BR)

$1,740

Median Price (2BR)

$322,975

1% Rule

0.54%

Annual Yield

6.46%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,350
1 Bedroom	$1,460
2 Bedrooms	$1,740
3 Bedrooms	$2,070
4 Bedrooms	$2,290
5 Bedrooms	$2,656
6 Bedrooms	$2,975
7 Bedrooms	$3,213
8 Bedrooms	$3,374

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
2BR	$1,740	$322,975	0.54%	F
3BR	$2,070	$403,205	0.51%	F
4BR	$2,290	$462,807	0.49%	F
5BR	$2,656	$518,014	0.51%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

17,867

Median Household Income

$108,042

Housing Units

6,567

Renter Percentage

16.8%

Occupancy Rate

94.7%

Renter Occupied

1,043

Abington, PA, located in the heart of suburban Philadelphia, is a desirable residential area known for its excellent schools, safe neighborhoods, and proximity to major employment centers. This analysis provides insights into the rental market dynamics within ZIP code 19001, focusing on key metrics that inform investment decisions.

The Fair Market Rent (FMR) for ZIP 19001 in fiscal year 2024 is set at $1,660. This figure represents the benchmark for affordable housing and can influence the rental rates for subsidized units.
The average market rent in Abington, according to Census ACS data, is $1,395. This indicates the typical rent charged for similar units without subsidies, suggesting a slightly lower rate than the FMR.
The median home value in the area is $406,756, reflecting a robust housing market where homeownership remains a significant factor in local real estate.
Renters make up 16.8% of the population, indicating a smaller but still substantial rental market compared to owner-occupied properties.
The median household income in Abington is $108,042, which is above the national average, supporting higher rental prices and a stable tenant base.

Investors considering Abington's rental market should note the disparity between the FMR and market rents, suggesting potential opportunities for both subsidized and market-rate rentals. The high median income supports higher rent levels, while the relatively low renter share points to a need for quality rental options to attract and retain tenants. Given these factors, Abington presents a balanced investment opportunity with solid fundamentals.

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.