FMR is below market; voucher rent may lag private rents.
0.78
1 BR
1 BR- 19044
0.80ratio
FMR$1,520
Market$1,910
vs market-$390
FMR is below market; voucher rent may lag private rents.
0.80
2 BR
2 BR- 19044
0.83ratio
FMR$1,820
Market$2,200
vs market-$380
FMR is below market; voucher rent may lag private rents.
0.83
3 BR
3 BR- 19044
0.78ratio
FMR$2,170
Market$2,780
vs market-$610
FMR is below market; voucher rent may lag private rents.
0.78
4 BR
4 BR- 19044
0.77ratio
FMR$2,390
Market$3,090
vs market-$700
FMR is below market; voucher rent may lag private rents.
0.77
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Horsham, PA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Horsham, PA is $1,820 a month. That is unchanged from FY 2026. Horsham is in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Pennsylvania is $1,136, so Horsham is 60% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Horsham, PA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,400
$1,410
+0.7%
$1,269–$1,551
1BR
$1,530
$1,520
−0.7%
$1,368–$1,672
2BR
$1,820
$1,820
0.0%
$1,638–$2,002
3BR
$2,180
$2,170
−0.5%
$1,953–$2,387
4BR
$2,440
$2,390
−2.0%
$2,151–$2,629
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Horsham, PA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,410
$1,520
$1,820
$2,170
$2,390
FY 2026
$1,400
$1,530
$1,820
$2,180
$2,440
FY 2025
$1,420
$1,570
$1,870
$2,250
$2,560
FY 2024
$1,410
$1,570
$1,880
$2,270
$2,620
FY 2023
$1,190
$1,340
$1,620
$1,970
$2,290
Questions about Horsham, PA rents
How much will Section 8 pay for a two-bedroom in Horsham, PA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,820, that basic range is $1,638 to $2,002 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Horsham, PA in?
Horsham, PA is in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Horsham, PA for FY 2027?
The two-bedroom FMR was unchanged at $1,820 in FY 2027. Since FY 2023 it has risen 12.3%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set