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 | $1,330 |
| 1 Bedroom | $1,440 |
| 2 Bedrooms | $1,720 |
| 3 Bedrooms | $2,050 |
| 4 Bedrooms | $2,260 |
| 5 Bedrooms | $2,622 |
| 6 Bedrooms | $2,937 |
| 7 Bedrooms | $3,172 |
| 8 Bedrooms | $3,331 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,720 | $111,981 | 1.54% | A+ |
| 3BR | $2,050 | $200,012 | 1.02% | B |
| 4BR | $2,260 | $236,711 | 0.95% | C |
| 5BR | $2,622 | $276,808 | 0.95% | C |
U.S. Census Bureau data (2024)
The ZIP code 19079, located in Sharon Hill, Pennsylvania, stands out within Delaware County due to its unique demographic and economic characteristics. With a population of 8,745 residents, 40.0% of whom are renters, the area has a median income of $67,454 and a median home value of $192,810. These figures indicate a community that is both affordable and accessible to a significant portion of renters.
In terms of voucher economics, the Fair Market Rent (FMR) for ZIP 19079 in fiscal year 2024 is set at $1,590, which is notably higher than the reported market rent of $1,408 based on Census ACS data. This discrepancy suggests that landlords accepting Section 8 vouchers can expect slightly higher rental rates compared to the general market, making it an attractive option despite the administrative overhead.
The data signature for ZIP 19079 reads as stable. The median income and home values suggest a balanced economy where residents can afford housing without excessive financial strain. Additionally, the relatively high FMR compared to the market rent indicates a supportive environment for landlords who choose to participate in the Section 8 program. This stability provides a predictable framework for investment decisions, ensuring that landlords and small-portfolio investors can rely on consistent returns and occupancy rates.
To summarize, Sharon Hill's ZIP 19079 offers a blend of affordability and opportunity for landlords interested in the Section 8 program. With a median income of $67,454 and median home value of $192,810, the area supports a diverse mix of homeowners and renters. The FMR of $1,590 versus the market rent of $1,408 presents a slight premium for those willing to navigate the voucher system, reinforcing the overall stability of the ZIP code.
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.