Skip to main content
Loading page
Camden County/Collingswood/08108

08108

ZIPSAFMR
Camden County, NJ
Zillow

ZIP Investment Score

61Below average

095130300
BRFMR
Eff. Rent
0 BR$1,650$1,410
1 BR$1,790$1,740
2 BR$2,140$2,180
3 BR$2,550$2,600
4 BR$2,810$2,920
5 BR$3,231Not available
6 BR$3,716Not available
7 BR$4,274Not available
8 BR$4,915Not available

Purchase Price Calculator

Maximum purchase price
$262,031

Cost breakdown

+Likely effective rent$2,180
HUD FMR$2,140
Market rent$2,200
Est. payment standard (102%)Used$2,180
-Principal and interest-$1,325
Loan amount$209,624
Down payment$52,406
Rate6.50%
Term30 years
-Operating costs-$655
Property taxes-$262
Insurance-$175
Utilities$0
HOA$0
Management-$218
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$34,858(66.5% ROI)
Projected value
$282,178
Return breakdown
Property appreciation+$20,148
Loan principal paid down+$7,510
Rental cash flow+$7,200
5-year hold
+$59,826(114.2% ROI)
Projected value
$296,464
Return breakdown
Property appreciation+$34,433
Loan principal paid down+$13,393
Rental cash flow+$12,000
10-year hold
+$129,304(246.7% ROI)
Projected value
$335,421
Return breakdown
Property appreciation+$73,391
Loan principal paid down+$31,913
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
1.17
1 BR
1.03
2 BR
0.97
3 BR
0.97
4 BR
0.94
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 08108 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 08108 (Collingswood, NJ) is $2,140 a month. That is up 4.4% from $2,050 in FY 2026. Collingswood 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. Among 41 ZIP codes in Camden County, 08108 has the 7th-highest two-bedroom rent (county range $1,380–$2,670). The median county two-bedroom FMR in New Jersey is $2,233, so ZIP 08108 is 4% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 08108
BedroomsFY 2027Change90–110% range
Studio$1,650+4.4%$1,485–$1,815
1BR$1,790+4.1%$1,611–$1,969
2BR$2,140+4.4%$1,926–$2,354
3BR$2,550+3.7%$2,295–$2,805
4BR$2,810+2.6%$2,529–$3,091

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 08108
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,650$1,790$2,140$2,550$2,810
FY 2026$1,580$1,720$2,050$2,460$2,740
FY 2025$1,530$1,690$2,010$2,420$2,750
FY 2024$1,460$1,630$1,950$2,360$2,720
FY 2023$1,220$1,380$1,660$2,020$2,350

Two-bedroom rent in nearby Camden County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 08108
08095$1,780−16.8%
08099$1,780−16.8%
08101$1,780−16.8%
08102$1,770−17.3%
08103$1,570−26.6%
08104$1,480−30.8%
08105$1,670−22.0%
08106$1,410−34.1%
08107$1,660−22.4%
08108Current$2,140—
08109$1,570−26.6%
08110$1,620−24.3%

Questions about ZIP 08108 rents

How much will Section 8 pay for a two-bedroom in ZIP 08108?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,140, that basic range is $1,926 to $2,354 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 ZIP 08108 in?

ZIP 08108 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 ZIP 08108 for FY 2027?

The two-bedroom FMR rose 4.4%, from $2,050 in FY 2026 to $2,140 in FY 2027. Since FY 2023 it has risen 28.9%.

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 rentCollingswood, NJ fair market rentNJ statewide rentsWhat is SAFMR?Data sources