Section 8 Fair Market Rent (FMR) for ZIP 19933 - 2027

Location: Sussex County, DE | Metro: Sussex County, DE

Investment Score for ZIP 19933

F
Monthly Rent (2BR)
$1,260
Median Price (2BR)
$316,913
1% Rule
0.4%
Annual Yield
4.77%

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$960
1 Bedroom$960
2 Bedrooms$1,260
3 Bedrooms$1,590
4 Bedrooms$1,960
5 Bedrooms$2,274
6 Bedrooms$2,547
7 Bedrooms$2,751
8 Bedrooms$2,889

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 $1,260 $316,913 0.4% F
3BR $1,590 $374,646 0.42% F
4BR $1,960 $421,087 0.47% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
10,597
Median Household Income
$60,703
Housing Units
4,349
Renter Percentage
21.3%
Occupancy Rate
93.1%
Renter Occupied
860

The analysis of ZIP code 19933, Bridgeville, DE, reveals a unique blend of yield and stability that positions it as a moderate opportunity for landlords and small-portfolio investors.

On the yield axis, the Federal Market Rent (FMR) for fiscal year 2024 stands at $1,020, while the market rent is slightly higher at $1,061. This indicates a modest premium over the FMR, suggesting that landlords can achieve reasonable returns above government standards. However, the average home value of $358,140 is notably high compared to these rental figures, implying a relatively low rental yield when considering property investment costs.

Moving to the stability axis, Bridgeville has a 21.3% rental rate, which is lower than many areas but still significant enough to support a rental market. The median household income of $60,703 provides a solid economic foundation for tenants to afford the local rents. Unfortunately, the data does not provide the number of days on the market (DOM), which would be useful for assessing the speed at which properties are rented out.

Given these figures, ZIP 19933 is best classified as a steady-cashflow zone rather than a high-yield/low-stability market. The combination of decent rental rates and a stable economic environment supports consistent income generation for landlords. While the rental yield is not exceptionally high due to the high home values, the potential for long-term, reliable tenancy makes it a suitable choice for those looking for steady returns without the volatility associated with flipping properties or high-risk investments.

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.