18927

ZIPSAFMR

Bucks County, PA

ZIP Investment Score

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$1,650	$1,570	6.4%
1 BR	$1,780	$1,670	5.2%
2 BR	$2,130	$2,040	5.2%
3 BR	$2,540	$2,430	4.7%
4 BR	$2,800	$2,840	3.2%
5 BR	$3,220	Not available	3.2%
6 BR	$3,703	Not available	3.2%
7 BR	$4,258	Not available	3.2%
8 BR	$4,897	Not available	3.2%

Purchase Price Calculator

Maximum purchase price

$241,227

Cost breakdown

+Likely effective rent$2,040

HUD FMR$2,130

Market rentUsed$2,040

Est. payment standard (97%)$2,070

-Principal and interest-$1,220

Loan amount$192,981

Down payment$48,245

Rate6.50%

Term30 years

-Operating costs-$620

Property taxes-$241

Insurance-$175

Utilities$0

HOA$0

Management-$204

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$32,662(67.7% ROI)

Projected value

$259,775

Return breakdown

Property appreciation+$18,548

Loan principal paid down+$6,914

Rental cash flow+$7,200

5-year hold

+$56,029(116.1% ROI)

Projected value

$272,926

Return breakdown

Property appreciation+$31,699

Loan principal paid down+$12,330

Rental cash flow+$12,000

10-year hold

+$120,943(250.7% ROI)

Projected value

$308,791

Return breakdown

Property appreciation+$67,564

Loan principal paid down+$29,379

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

1.05ratio

FMR$1,650

Market$1,570

vs market+$80

FMR is near market; voucher and private rents are aligned.

1.05

1 BR

1.07ratio

FMR$1,780

Market$1,670

vs market+$110

FMR is near market; voucher and private rents are aligned.

1.07

2 BR

1.04ratio

FMR$2,130

Market$2,040

vs market+$90

FMR is near market; voucher and private rents are aligned.

1.04

3 BR

1.05ratio

FMR$2,540

Market$2,430

vs market+$110

FMR is near market; voucher and private rents are aligned.

1.05

4 BR

0.98ratio

FMR$2,800

Market$2,860

vs market-$60

FMR is near market; voucher and private rents are aligned.

0.98

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: --

ZIP 18927 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 18927 (Hilltown, PA) is $2,130 a month. That is up 1.9% from $2,090 in FY 2026. Hilltown 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 78 ZIP codes in Bucks County, 18927 has the 24th-highest two-bedroom rent (county range $1,410–$2,790). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 18927 is 88% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 18927
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$1,620	$1,650	+1.9%	$1,485–$1,815
1BR	$1,760	$1,780	+1.1%	$1,602–$1,958
2BR	$2,090	$2,130	+1.9%	$1,917–$2,343
3BR	$2,510	$2,540	+1.2%	$2,286–$2,794
4BR	$2,800	$2,800	0.0%	$2,520–$3,080

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 18927
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$1,650	$1,780	$2,130	$2,540	$2,800
FY 2026	$1,620	$1,760	$2,090	$2,510	$2,800
FY 2025	$1,580	$1,740	$2,070	$2,500	$2,830
FY 2024	$1,370	$1,530	$1,830	$2,210	$2,550
FY 2023	$1,140	$1,280	$1,550	$1,890	$2,190

Two-bedroom rent in nearby Bucks County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 18927
18920	$1,970	−7.5%
18921	$1,790	−16.0%
18922	$1,970	−7.5%
18923	$2,790	+31.0%
18925	$2,790	+31.0%
18927Current	$2,130	—
18928	$1,970	−7.5%
18929	$2,290	+7.5%
18930	$1,770	−16.9%
18931	$1,970	−7.5%
18932	$2,210	+3.8%
18933	$2,300	+8.0%

Questions about ZIP 18927 rents

How much will Section 8 pay for a two-bedroom in ZIP 18927?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,130, that basic range is $1,917 to $2,343 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 18927 in?

ZIP 18927 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 18927 for FY 2027?

The two-bedroom FMR rose 1.9%, from $2,090 in FY 2026 to $2,130 in FY 2027. Since FY 2023 it has risen 37.4%.

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 rent Hilltown, PA fair market rent PA statewide rents What is SAFMR?Data sources