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PA/Philadelphia County/Philadelphia

Philadelphia, PA

CitySAFMR
Philadelphia County
Found 59 ZIPs
Zillow

City Median Investment Score

147High yield potential

095130300
BRFMR
Eff. Rent
0 BR$1,040 – $2,160$850 – $1,980
1 BR$1,130 – $2,340$910 – $2,360
2 BR$1,350 – $2,790$1,200 – $3,070
3 BR$1,610 – $3,320$1,390 – $3,650
4 BR$1,770 – $3,670$1,470 – $4,040
5 BR$2,691Not available
6 BR$3,095Not available
7 BR$3,559Not available
8 BR$4,093Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
11
0.72-1.41
1 BR
9
0.63-1.39
2 BR
9
0.46-1.48
3 BR
7
7
0.30-1.53
4 BR
6
6
6
0.33-1.59
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
--
Mortgage rate
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Philadelphia, PA fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 59 ZIP codes in Philadelphia, PA ranges from $1,350 to $2,790 a month, with a median of $1,780. That is up 3.5% from $1,720 in FY 2026. Philadelphia 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 Philadelphia is 57% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Philadelphia, PA
BedroomsFY 2027Change90–110% range
Studio$1,380+3.8%$1,242–$1,518
1BR$1,490+3.5%$1,341–$1,639
2BR$1,780+3.5%$1,602–$1,958
3BR$2,120+2.9%$1,908–$2,332
4BR$2,340+1.7%$2,106–$2,574

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Philadelphia, PA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,380$1,490$1,780$2,120$2,340
FY 2026$1,330$1,440$1,720$2,060$2,300
FY 2025$1,300$1,440$1,710$2,060$2,340
FY 2024$1,230$1,370$1,640$1,980$2,290
FY 2023$1,010$1,140$1,370$1,670$1,940

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
19102$2,790+56.7%
19103$2,790+56.7%
19106$2,790+56.7%
19107$2,620+47.2%
19130$2,600+46.1%
19108$2,460+38.2%
19147$2,420+36.0%
19146$2,410+35.4%
19123$2,310+29.8%
19125$2,310+29.8%
19118$2,290+28.7%
19127$2,270+27.5%
19128$2,130+19.7%
19129$1,990+11.8%
19148$1,950+9.6%
19104$1,930+8.4%
19131$1,930+8.4%
19149$1,900+6.7%
19154$1,840+3.4%
19145$1,830+2.8%
19122$1,810+1.7%
19153$1,790+0.6%
19101$1,7800.0%
19105$1,7800.0%

Showing the 24 highest of 57 ZIP codes.

Questions about Philadelphia, PA rents

How much will Section 8 pay for a two-bedroom in Philadelphia, PA?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,780, that basic range is $1,602 to $1,958 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 Philadelphia, PA in?

Philadelphia, 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 Philadelphia, PA for FY 2027?

The two-bedroom FMR rose 3.5%, from $1,720 in FY 2026 to $1,780 in FY 2027. Since FY 2023 it has risen 29.9%.

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

County fair market rentPA statewide rentsWhat is SAFMR?Data sources