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Bucks County/Richboro/18954

18954

ZIPSAFMR
Bucks County, PA
Zillow

ZIP Investment Score

74Below average

095130300
BRFMR
Eff. Rent
0 BR$1,880$1,910
1 BR$2,030$2,050
2 BR$2,430$2,470
3 BR$2,890$2,890
4 BR$3,190$3,510
5 BR$3,668Not available
6 BR$4,219Not available
7 BR$4,852Not available
8 BR$5,579Not available

Purchase Price Calculator

Maximum purchase price
$305,124

Cost breakdown

+Likely effective rent$2,470
HUD FMR$2,430
Market rent$2,490
Est. payment standard (102%)Used$2,470
-Principal and interest-$1,543
Loan amount$244,100
Down payment$61,025
Rate6.50%
Term30 years
-Operating costs-$727
Property taxes-$305
Insurance-$175
Utilities$0
HOA$0
Management-$247
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$39,407(64.6% ROI)
Projected value
$328,586
Return breakdown
Property appreciation+$23,461
Loan principal paid down+$8,745
Rental cash flow+$7,200
5-year hold
+$67,691(110.9% ROI)
Projected value
$345,220
Return breakdown
Property appreciation+$40,096
Loan principal paid down+$15,596
Rental cash flow+$12,000
10-year hold
+$146,622(240.3% ROI)
Projected value
$390,585
Return breakdown
Property appreciation+$85,461
Loan principal paid down+$37,161
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.98
1 BR
0.99
2 BR
0.98
4 BR
0.82
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 18954 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 18954 (Richboro, PA) is $2,430 a month. That is up 3.0% from $2,360 in FY 2026. Richboro 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, 18954 has the 12th-highest two-bedroom rent (county range $1,410–$2,790). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 18954 is 114% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 18954
BedroomsFY 2027Change90–110% range
Studio$1,880+3.3%$1,692–$2,068
1BR$2,030+2.5%$1,827–$2,233
2BR$2,430+3.0%$2,187–$2,673
3BR$2,890+2.1%$2,601–$3,179
4BR$3,190+1.3%$2,871–$3,509

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 18954
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,880$2,030$2,430$2,890$3,190
FY 2026$1,820$1,980$2,360$2,830$3,150
FY 2025$1,760$1,940$2,310$2,780$3,160
FY 2024$1,730$1,920$2,300$2,780$3,210
FY 2023$1,430$1,620$1,950$2,370$2,760

Two-bedroom rent in nearby Bucks County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 18954
18946$2,700+11.1%
18947$2,440+0.4%
18949$1,970−18.9%
18950$2,310−4.9%
18951$1,830−24.7%
18953$1,970−18.9%
18954Current$2,430—
18955$1,910−21.4%
18956$1,970−18.9%
18960$1,890−22.2%
18962$1,900−21.8%
18963$1,970−18.9%

Questions about ZIP 18954 rents

How much will Section 8 pay for a two-bedroom in ZIP 18954?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,430, that basic range is $2,187 to $2,673 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 18954 in?

ZIP 18954 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 18954 for FY 2027?

The two-bedroom FMR rose 3.0%, from $2,360 in FY 2026 to $2,430 in FY 2027. Since FY 2023 it has risen 24.6%.

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 rentRichboro, PA fair market rentPA statewide rentsWhat is SAFMR?Data sources