FMR is below market; voucher rent may lag private rents.
0.75
1 BR
1 BR- 18938
0.85ratio
FMR$1,950
Market$2,300
vs market-$350
FMR is below market; voucher rent may lag private rents.
0.85
2 BR
2 BR- 18938
0.80ratio
FMR$2,330
Market$2,900
vs market-$570
FMR is below market; voucher rent may lag private rents.
0.80
3 BR
3 BR- 18938
0.89ratio
FMR$2,780
Market$3,140
vs market-$360
FMR is below market; voucher rent may lag private rents.
0.89
4 BR
4 BR- 18938
0.77ratio
FMR$3,060
Market$4,000
vs market-$940
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
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New Hope, PA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in New Hope, PA is $2,330 a month. That is down 3.7% from $2,420 in FY 2026. New Hope 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 New Hope is 105% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for New Hope, PA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,870
$1,800
−3.7%
$1,620–$1,980
1BR
$2,030
$1,950
−3.9%
$1,755–$2,145
2BR
$2,420
$2,330
−3.7%
$2,097–$2,563
3BR
$2,900
$2,780
−4.1%
$2,502–$3,058
4BR
$3,240
$3,060
−5.6%
$2,754–$3,366
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for New Hope, PA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,800
$1,950
$2,330
$2,780
$3,060
FY 2026
$1,870
$2,030
$2,420
$2,900
$3,240
FY 2025
$1,810
$2,000
$2,380
$2,870
$3,260
FY 2024
$1,680
$1,870
$2,240
$2,710
$3,120
FY 2023
$1,380
$1,550
$1,870
$2,280
$2,650
Questions about New Hope, PA rents
How much will Section 8 pay for a two-bedroom in New Hope, PA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,330, that basic range is $2,097 to $2,563 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 New Hope, PA in?
New Hope, 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 New Hope, PA for FY 2027?
The two-bedroom FMR fell 3.7%, from $2,420 in FY 2026 to $2,330 in FY 2027. Since FY 2023 it has risen 24.6%.
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