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 | $1,080 |
| 1 Bedroom | $1,170 |
| 2 Bedrooms | $1,400 |
| 3 Bedrooms | $1,670 |
| 4 Bedrooms | $1,840 |
| 5 Bedrooms | $2,134 |
| 6 Bedrooms | $2,390 |
| 7 Bedrooms | $2,581 |
| 8 Bedrooms | $2,710 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,670 | $152,593 | 1.09% | B |
| 4BR | $1,840 | $186,169 | 0.99% | C |
| 5BR | $2,134 | $274,510 | 0.78% | D |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 19141, located in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA, reveals several key points regarding rental income and property values. The Fair Market Rent (FMR) set by HUD for this area in fiscal year 2024 is $1360. This is notably higher than the market rent, which stands at $1,206 according to ZORI. As such, voucher tenants in this ZIP code will typically cashflow at the HUD FMR, providing a buffer of approximately $154 per unit above the average market rent.
To further understand the investment landscape, consider the median home value of $160,424. The rent-to-price ratio can be derived by dividing the market rent by the median home value. In this case, the ratio is about 0.75%, indicating that rental properties are relatively affordable compared to home purchases. This metric suggests that rental properties could be attractive to potential buyers looking for a lower-cost entry point, but it also implies that rental income alone might not fully justify the purchase price of a home in this area.
The dynamics of days on market (DOM) and price-cut shares do not significantly impact the decision-making process for investors focusing on rental properties. However, it's worth noting that the median DOM is listed as N/A, and the price-cut share is 0.2%. These figures suggest that the housing market in ZIP 19141 is stable, with minimal need for price adjustments.
In conclusion, the strongest investor angle in ZIP 19141 is cashflow. Given the disparity between the HUD FMR and the market rent, landlords and small-portfolio investors can expect to generate positive cashflow from their properties when renting to voucher tenants. This makes the area particularly appealing for those prioritizing consistent rental income over other factors like appreciation or stability.
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.