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Townsend, DE

CitySAFMR
New Castle County
Found 1 ZIP

City Median Investment Score

92Below average

095130300
BRFMR
Eff. Rent
0 BR$1,450$1,600
1 BR$1,570$1,730
2 BR$1,870$1,970
3 BR$2,230$2,330
4 BR$2,460$2,710
5 BR$2,829Not available
6 BR$3,253Not available
7 BR$3,741Not available
8 BR$4,303Not available

Purchase Price Calculator

Maximum purchase price
$230,825

Cost breakdown

+Likely effective rent$1,970
HUD FMR$1,870
Market rent$2,020
Est. payment standard (105%)Used$1,970
-Principal and interest-$1,167
Loan amount$184,660
Down payment$46,165
Rate6.50%
Term30 years
-Operating costs-$603
Property taxes-$231
Insurance-$175
Utilities$0
HOA$0
Management-$197
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$31,564(68.4% ROI)
Projected value
$248,573
Return breakdown
Property appreciation+$17,748
Loan principal paid down+$6,616
Rental cash flow+$7,200
5-year hold
+$54,130(117.3% ROI)
Projected value
$261,157
Return breakdown
Property appreciation+$30,332
Loan principal paid down+$11,798
Rental cash flow+$12,000
10-year hold
+$116,763(252.9% ROI)
Projected value
$295,475
Return breakdown
Property appreciation+$64,650
Loan principal paid down+$28,112
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.71
1 BR
0.87
2 BR
0.93
3 BR
0.93
4 BR
0.81
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Townsend, DE fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Townsend, DE is $1,870 a month. That is down 1.6% from $1,900 in FY 2026. Townsend 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 Delaware is $1,629, so Townsend is 15% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Townsend, DE
BedroomsFY 2027Change90–110% range
Studio$1,450−1.4%$1,305–$1,595
1BR$1,570−1.9%$1,413–$1,727
2BR$1,870−1.6%$1,683–$2,057
3BR$2,230−2.2%$2,007–$2,453
4BR$2,460−3.1%$2,214–$2,706

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Townsend, DE
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,450$1,570$1,870$2,230$2,460
FY 2026$1,470$1,600$1,900$2,280$2,540
FY 2025$1,440$1,590$1,890$2,280$2,590
FY 2024$1,460$1,620$1,940$2,350$2,710
FY 2023$1,250$1,410$1,700$2,070$2,400

Questions about Townsend, DE rents

How much will Section 8 pay for a two-bedroom in Townsend, DE?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,870, that basic range is $1,683 to $2,057 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 Townsend, DE in?

Townsend, DE 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 Townsend, DE for FY 2027?

The two-bedroom FMR fell 1.6%, from $1,900 in FY 2026 to $1,870 in FY 2027. Since FY 2023 it has risen 10.0%.

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