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 | $1,480 |
| 1 Bedroom | $1,610 |
| 2 Bedrooms | $1,920 |
| 3 Bedrooms | $2,290 |
| 4 Bedrooms | $2,520 |
| 5 Bedrooms | $2,923 |
| 6 Bedrooms | $3,274 |
| 7 Bedrooms | $3,536 |
| 8 Bedrooms | $3,713 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,920 | $353,409 | 0.54% | F |
| 3BR | $2,290 | $419,532 | 0.55% | F |
| 4BR | $2,520 | $694,302 | 0.36% | F |
| 5BR | $2,923 | $879,800 | 0.33% | F |
U.S. Census Bureau data (2024)
Schwenksville, PA, located in ZIP code 19473, stands out in Montgomery County with a population of 17,259 residents. Only 13.1% of these residents rent their homes, indicating a predominantly owner-occupied community. The median income in Schwenksville is $138,819, reflecting a higher economic status compared to many other areas. Additionally, the median home value is $535,354, which further underscores the affluent nature of this suburban area.
From a Section 8 perspective, Schwenksville presents unique challenges and opportunities. The Fair Market Rent (FMR) for the area in fiscal year 2024 is set at $1,850, while the average market rent, according to Census ACS data, is $1,433. This discrepancy suggests that landlords who accept Section 8 vouchers can potentially command higher rents than those offered by the market, but they must also be prepared to navigate the regulatory requirements associated with the program.
The data signature of ZIP 19473 reads as stable. With a high median income and home values, the community shows signs of financial security and long-term investment. The low percentage of renters indicates that the housing market is largely driven by homeownership, which typically implies less turnover and more consistent demand. However, the presence of Section 8 vouchers provides an additional layer of rental income stability for those willing to participate in the program, despite the current mismatch between FMR and market rates.
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.