18956

ZIPSAFMR

Bucks County, PA

ZIP Investment Score

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$1,520	$1,670	3.5%
1 BR	$1,650	$1,820	2.5%
2 BR	$1,970	$2,170	2.5%
3 BR	$2,350	$2,590	2.1%
4 BR	$2,590	$2,850	0.5%
5 BR	$2,978	Not available	0.5%
6 BR	$3,425	Not available	0.5%
7 BR	$3,939	Not available	0.5%
8 BR	$4,530	Not available	0.5%

Purchase Price Calculator

Maximum purchase price

$260,545

Cost breakdown

+Likely effective rent$2,170

HUD FMR$1,970

Market rent$2,480

Est. payment standard (110%)Used$2,170

-Principal and interest-$1,317

Loan amount$208,436

Down payment$52,109

Rate6.50%

Term30 years

-Operating costs-$653

Property taxes-$261

Insurance-$175

Utilities$0

HOA$0

Management-$217

=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

+$34,701(66.6% ROI)

Projected value

$280,578

Return breakdown

Property appreciation+$20,033

Loan principal paid down+$7,468

Rental cash flow+$7,200

5-year hold

+$59,555(114.3% ROI)

Projected value

$294,782

Return breakdown

Property appreciation+$34,238

Loan principal paid down+$13,317

Rental cash flow+$12,000

10-year hold

+$128,707(247.0% ROI)

Projected value

$333,519

Return breakdown

Property appreciation+$72,975

Loan principal paid down+$31,732

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

0.67ratio

FMR$1,520

Market$2,280

vs market-$760

FMR is below market; voucher rent may lag private rents.

0.67

1 BR

0.76ratio

FMR$1,650

Market$2,180

vs market-$530

FMR is below market; voucher rent may lag private rents.

0.76

2 BR

0.79ratio

FMR$1,970

Market$2,480

vs market-$510

FMR is below market; voucher rent may lag private rents.

0.79

3 BR

0.71ratio

FMR$2,350

Market$3,320

vs market-$970

FMR is below market; voucher rent may lag private rents.

0.71

4 BR

0.63ratio

FMR$2,590

Market$4,120

vs market-$1,530

FMR is below market; voucher rent may lag private rents.

0.63

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 18956 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 18956 (Rushland, PA) is $1,970 a month. That is up 2.6% from $1,920 in FY 2026. Rushland 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, 18956 is tied for the 29th-highest two-bedroom rent (county range $1,410–$2,790). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 18956 is 73% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 18956
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$1,480	$1,520	+2.7%	$1,368–$1,672
1BR	$1,610	$1,650	+2.5%	$1,485–$1,815
2BR	$1,920	$1,970	+2.6%	$1,773–$2,167
3BR	$2,300	$2,350	+2.2%	$2,115–$2,585
4BR	$2,570	$2,590	+0.8%	$2,331–$2,849

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 18956
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$1,520	$1,650	$1,970	$2,350	$2,590
FY 2026	$1,480	$1,610	$1,920	$2,300	$2,570
FY 2025	$1,450	$1,590	$1,900	$2,290	$2,600
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. 18956
18947	$2,440	+23.9%
18949	$1,970	0.0%
18950	$2,310	+17.3%
18951	$1,830	−7.1%
18953	$1,970	0.0%
18954	$2,430	+23.4%
18955	$1,910	−3.0%
18956Current	$1,970	—
18960	$1,890	−4.1%
18962	$1,900	−3.6%
18963	$1,970	0.0%
18964	$1,730	−12.2%

Questions about ZIP 18956 rents

How much will Section 8 pay for a two-bedroom in ZIP 18956?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,970, that basic range is $1,773 to $2,167 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 18956 in?

ZIP 18956 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 18956 for FY 2027?

The two-bedroom FMR rose 2.6%, from $1,920 in FY 2026 to $1,970 in FY 2027. Since FY 2023 it has risen 27.1%.

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