Section 8 Fair Market Rent (FMR) for ZIP 19343 - 2027

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

Investment Score for ZIP 19343

F
Monthly Rent (2BR)
$2,310
Median Price (2BR)
$422,178
1% Rule
0.55%
Annual Yield
6.57%

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$1,790
1 Bedroom$1,930
2 Bedrooms$2,310
3 Bedrooms$2,750
4 Bedrooms$3,040
5 Bedrooms$3,526
6 Bedrooms$3,949
7 Bedrooms$4,265
8 Bedrooms$4,478

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 $2,310 $422,178 0.55% F
3BR $2,750 $528,285 0.52% F
4BR $3,040 $729,352 0.42% F
5BR $3,526 $975,690 0.36% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
8,450
Median Household Income
$160,256
Housing Units
3,174
Renter Percentage
11.9%
Occupancy Rate
95.4%
Renter Occupied
359

The ZIP code 19343, located in Glenmoore, PA, presents a unique scenario for real estate investors when considering both yield and stability. The Fair Market Rent (FMR) for the fiscal year 2024 is set at $2,230, which is notably higher than the current market rent of $1,851. This discrepancy suggests an opportunity for higher rental yields if properties can be leased at the FMR rate. However, the median home value of $673,513 indicates that purchasing property in this area comes with a significant upfront investment.

On the stability axis, Glenmoore has a relatively low percentage of renters at 11.9%. This figure points towards a primarily owner-occupied market, which could translate into less demand for rental units. The lack of data on days on market (DOM) makes it challenging to assess how quickly properties might be rented out. Additionally, the average household income of $160,256 is quite high, which generally supports higher rents and can contribute to greater financial stability among tenants.

Given these metrics, ZIP 19343 does not align perfectly with either a high-yield/low-stability flip-style market or a steady-cashflow zone. Instead, it falls somewhere in between. The potential for achieving higher rental yields through the FMR is present, but the high median home value and low percentage of renters suggest that the market is not particularly volatile. Furthermore, the strong income levels provide a cushion against default risks, enhancing the stability aspect of the investment.

To conclude, while there is room for higher yields due to the FMR being above the current market rent, the overall stability of the market is supported by the high average income levels. Therefore, for landlords and small-portfolio investors, ZIP 19343 represents a balanced opportunity where the potential for good cash flow exists alongside a measure of financial security.

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.