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Bucks County/Milford Square/18935

18935

ZIPSAFMR
Bucks County, PA
Zillow

ZIP Investment Score

74Below average

095130300
BRFMR
Eff. Rent
0 BR$1,410$1,390
1 BR$1,530$1,560
2 BR$1,830$1,720
3 BR$2,180$2,230
4 BR$2,410$2,630
5 BR$2,772Not available
6 BR$3,187Not available
7 BR$3,665Not available
8 BR$4,215Not available

Purchase Price Calculator

Maximum purchase price
$193,675

Cost breakdown

+Likely effective rent$1,720
HUD FMR$1,830
Market rentUsed$1,720
Est. payment standard (96%)$1,760
-Principal and interest-$979
Loan amount$154,940
Down payment$38,735
Rate6.50%
Term30 years
-Operating costs-$541
Property taxes-$194
Insurance-$175
Utilities$0
HOA$0
Management-$172
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,643(71.4% ROI)
Projected value
$208,567
Return breakdown
Property appreciation+$14,892
Loan principal paid down+$5,551
Rental cash flow+$7,200
5-year hold
+$47,350(122.2% ROI)
Projected value
$219,125
Return breakdown
Property appreciation+$25,450
Loan principal paid down+$9,899
Rental cash flow+$12,000
10-year hold
+$101,833(262.9% ROI)
Projected value
$247,920
Return breakdown
Property appreciation+$54,245
Loan principal paid down+$23,588
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.01
1 BR
0.97
2 BR
1.06
3 BR
0.96
4 BR
0.88
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 18935 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 18935 (Milford Square, PA) is $1,830 a month. That is up 2.2% from $1,790 in FY 2026. Milford Square 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, 18935 is tied for the 58th-highest two-bedroom rent (county range $1,410–$2,790). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 18935 is 61% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 18935
BedroomsFY 2027Change90–110% range
Studio$1,410+2.2%$1,269–$1,551
1BR$1,530+2.0%$1,377–$1,683
2BR$1,830+2.2%$1,647–$2,013
3BR$2,180+1.4%$1,962–$2,398
4BR$2,410+0.4%$2,169–$2,651

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 18935
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,410$1,530$1,830$2,180$2,410
FY 2026$1,380$1,500$1,790$2,150$2,400
FY 2025$1,360$1,500$1,790$2,160$2,450
FY 2024$1,280$1,430$1,710$2,070$2,380
FY 2023$1,050$1,190$1,430$1,740$2,020

Two-bedroom rent in nearby Bucks County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 18935
18927$2,130+16.4%
18928$1,970+7.7%
18929$2,290+25.1%
18930$1,770−3.3%
18931$1,970+7.7%
18932$2,210+20.8%
18933$2,300+25.7%
18934$1,970+7.7%
18935Current$1,830—
18938$2,330+27.3%
18940$2,750+50.3%
18942$1,680−8.2%

Questions about ZIP 18935 rents

How much will Section 8 pay for a two-bedroom in ZIP 18935?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,830, that basic range is $1,647 to $2,013 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 18935 in?

ZIP 18935 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 18935 for FY 2027?

The two-bedroom FMR rose 2.2%, from $1,790 in FY 2026 to $1,830 in FY 2027. Since FY 2023 it has risen 28.0%.

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

County fair market rentMilford Square, PA fair market rentPA statewide rentsWhat is SAFMR?Data sources