Section 8 Fair Market Rent (FMR) for ZIP 19061 - 2027

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

Investment Score for ZIP 19061

D
Monthly Rent (2BR)
$1,660
Median Price (2BR)
$250,405
1% Rule
0.66%
Annual Yield
7.96%

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$1,280
1 Bedroom$1,390
2 Bedrooms$1,660
3 Bedrooms$1,980
4 Bedrooms$2,180
5 Bedrooms$2,529
6 Bedrooms$2,832
7 Bedrooms$3,059
8 Bedrooms$3,212

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 $1,660 $250,405 0.66% D
3BR $1,980 $258,999 0.76% D
4BR $2,180 $427,389 0.51% F
5BR $2,529 $456,422 0.55% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
19,896
Median Household Income
$82,005
Housing Units
7,978
Renter Percentage
36.5%
Occupancy Rate
96.7%
Renter Occupied
2,819

The ZIP code 19061, located in Marcus Hook, Pennsylvania, stands out within Delaware County due to its unique demographic and economic profile. With a total population of 19,896, 36.5% of residents are renters, indicating a moderate demand for rental properties. The median income in Marcus Hook is $82,055, which is slightly above the national average, suggesting a relatively stable economic environment. However, the median home value of $275,705 is notably higher than the median income, potentially reflecting a mixed housing market.

Moving to the specifics of Section 8 housing assistance, the Fair Market Rent (FMR) for ZIP 19061 in fiscal year 2024 is set at $1,560. This figure is lower than the market rent, measured by the ZORI index, which stands at $1,638. For landlords and small-portfolio investors, this means that while the gap between FMR and market rent is modest, it still represents an opportunity to maintain profitability through participation in the Section 8 program.

The data signature for Marcus Hook, PA, suggests a stable community. Despite the relatively high median home value, the income levels are sufficient to support a steady rental market. Additionally, the slight disparity between the FMR and market rent indicates that the local housing market is functioning predictably, without significant volatility. Landlords can expect consistent tenant behavior and rental income when accepting Section 8 vouchers, making Marcus Hook a reliable investment destination.

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.