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 | $2,030 |
| 1 Bedroom | $2,190 |
| 2 Bedrooms | $2,620 |
| 3 Bedrooms | $3,120 |
| 4 Bedrooms | $3,440 |
| 5 Bedrooms | $3,990 |
| 6 Bedrooms | $4,469 |
| 7 Bedrooms | $4,827 |
| 8 Bedrooms | $5,068 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,620 | $390,953 | 0.67% | D |
| 3BR | $3,120 | $529,081 | 0.59% | F |
| 4BR | $3,440 | $719,861 | 0.48% | F |
| 5BR | $3,990 | $967,091 | 0.41% | F |
U.S. Census Bureau data (2024)
2430 is the Fair Market Rent (FMR) for ZIP code 19341 in Exton, PA, for fiscal year 2024. 2235 is the actual market rent, as indicated by the Zillow Observed Rent Index (ZORI), which is slightly below the FMR, suggesting landlords can potentially offer competitive rates while still meeting Section 8 requirements. 614215 represents the median home value in this area, indicating a substantial investment opportunity for those looking to enter the housing market. 51.0% is the proportion of renters in the community, highlighting a significant demand for rental properties. 121680 is the median income figure, providing insight into the financial capabilities of potential tenants in the area. While the exact days on market (DOM) and percentage of price-cut shares are not available, these figures paint a clear picture of the rental landscape in Exton. The slight difference between the FMR and market rent suggests a balanced market where Section 8 vouchers are likely to be accepted without issue. Given the high median home value and strong renter share, it's evident that there is robust demand for affordable housing options, making Section 8 participation a viable strategy for landlords and small-portfolio investors. The median income figure supports the notion that many residents are seeking assistance through housing vouchers. In conclusion, 19341 presents a favorable environment for Section 8 participation, aligning well with the economic realities faced by many in the community.
Verdict: Acceptance of Section 8 vouchers is recommended in ZIP 19341 due to the high renter share and median income levels that suggest a need for affordable housing options.
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.