Location: Philadelphia-Camden-Wilmington, PA | Metro: Lancaster, PA 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 | $1,180 |
| 1 Bedroom | $1,280 |
| 2 Bedrooms | $1,530 |
| 3 Bedrooms | $1,820 |
| 4 Bedrooms | $2,010 |
| 5 Bedrooms | $2,332 |
| 6 Bedrooms | $2,612 |
| 7 Bedrooms | $2,821 |
| 8 Bedrooms | $2,962 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,530 | $324,616 | 0.47% | F |
| 3BR | $1,820 | $425,574 | 0.43% | F |
| 4BR | $2,010 | $535,533 | 0.38% | F |
| 5BR | $2,332 | $599,553 | 0.39% | F |
U.S. Census Bureau data (2024)
ZIP 19363, located in Oxford, Pennsylvania, within the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA, serves as a strong cash-flow anchor for a Section 8 portfolio strategy. The Federal Market Rent (FMR) for FY 2024 in this ZIP code is set at $1510, which is significantly higher than the market rent of $1294. This creates a positive spread of $216 per unit, ensuring that landlords can receive a guaranteed rental income above the local market rate.
The median home value in ZIP 19363 is $467,194. However, this figure pertains to homeownership and does not directly impact the cash flow generated from rental properties under Section 8. Landlords can benefit from the higher FMR without worrying about fluctuations in home values, making this ZIP code an ideal choice for securing steady, reliable income.
The positive spread between the FMR and the market rent means that landlords can count on a consistent cash flow, even if market conditions change. This is particularly beneficial given that the data shows there is no significant price-cut share or days on market (DOM) to consider, indicating a stable rental environment. The high FMR ensures that the rental income will cover mortgage payments, maintenance costs, and other expenses, leaving a profit margin for the landlord.
While the median income in ZIP 19363 is $107,067, suggesting a relatively affluent area, the 25.9% renter share indicates that there is still a substantial portion of the population relying on rental housing. This makes ZIP 19363 less of a diversifier and more of a cash-flow anchor, as the demand for rental units is robust enough to support a Section 8 portfolio. Landlords can rely on this demand to fill vacancies quickly and maintain occupancy levels.
In conclusion, ZIP 19363 is best suited as a cash-flow anchor within a Section 8 portfolio strategy. The guaranteed higher rental income provided by the FMR, combined with the stable rental market and strong demand for rental housing, makes this ZIP code an excellent choice for landlords looking to secure a predictable and profitable stream of income.
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.