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 | $1,970 |
| 1 Bedroom | $2,130 |
| 2 Bedrooms | $2,540 |
| 3 Bedrooms | $3,030 |
| 4 Bedrooms | $3,340 |
| 5 Bedrooms | $3,874 |
| 6 Bedrooms | $4,339 |
| 7 Bedrooms | $4,686 |
| 8 Bedrooms | $4,920 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $3,030 | $671,387 | 0.45% | F |
| 4BR | $3,340 | $900,570 | 0.37% | F |
U.S. Census Bureau data (2024)
The ZIP code 19373 stands out due to its unique data profile, which includes a relatively low population of 2,357 residents and an exceptionally high median income of $192,708. The area also boasts a median home value of $855,010, indicating a predominantly owner-occupied community with no residents reported to be renting. This makes it distinct from many other ZIP codes where rental properties play a significant role.
In terms of Section 8 voucher economics, the Fair Market Rent (FMR) for ZIP 19373 is set at $2,300 for fiscal year 2024. However, there is no available data on the market rent for this ZIP code, which suggests that the local rental market might be underdeveloped or non-existent. Given the high median home values and the lack of rental activity, it's unlikely that landlords would find a substantial demand for Section 8 tenants in this area.
The data signature of ZIP 19373 reads as stable, characterized by a strong homeownership trend and high economic status among its residents. This stability implies a consistent environment with little change expected in the near future, making it less appealing for small-portfolio investors looking for rental opportunities.
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.