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Bucks County/Warminster/18974

18974

ZIPSAFMR
Bucks County, PA
Zillow

ZIP Investment Score

80Below average

095130300
BRFMR
Eff. Rent
0 BR$1,450$1,570
1 BR$1,570$1,700
2 BR$1,880$2,070
3 BR$2,240$2,460
4 BR$2,470$2,720
5 BR$2,841Not available
6 BR$3,267Not available
7 BR$3,757Not available
8 BR$4,320Not available

Purchase Price Calculator

Maximum purchase price
$245,685

Cost breakdown

+Likely effective rent$2,070
HUD FMR$1,880
Market rent$2,300
Est. payment standard (110%)Used$2,070
-Principal and interest-$1,242
Loan amount$196,548
Down payment$49,137
Rate6.50%
Term30 years
-Operating costs-$628
Property taxes-$246
Insurance-$175
Utilities$0
HOA$0
Management-$207
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$33,133(67.4% ROI)
Projected value
$264,576
Return breakdown
Property appreciation+$18,891
Loan principal paid down+$7,042
Rental cash flow+$7,200
5-year hold
+$56,842(115.7% ROI)
Projected value
$277,970
Return breakdown
Property appreciation+$32,285
Loan principal paid down+$12,557
Rental cash flow+$12,000
10-year hold
+$122,735(249.8% ROI)
Projected value
$314,497
Return breakdown
Property appreciation+$68,812
Loan principal paid down+$29,922
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.88
1 BR
0.89
2 BR
0.82
3 BR
0.80
4 BR
0.66
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 18974 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 18974 (Warminster, PA) is $1,880 a month. That is down 0.5% from $1,890 in FY 2026. Warminster 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, 18974 has the 54th-highest two-bedroom rent (county range $1,410–$2,790). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 18974 is 65% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 18974
BedroomsFY 2027Change90–110% range
Studio$1,450−0.7%$1,305–$1,595
1BR$1,570−1.3%$1,413–$1,727
2BR$1,880−0.5%$1,692–$2,068
3BR$2,240−1.3%$2,016–$2,464
4BR$2,470−2.4%$2,223–$2,717

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 18974
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,450$1,570$1,880$2,240$2,470
FY 2026$1,460$1,590$1,890$2,270$2,530
FY 2025$1,470$1,620$1,930$2,330$2,640
FY 2024$1,430$1,590$1,900$2,300$2,650
FY 2023$1,210$1,360$1,640$2,000$2,320

Two-bedroom rent in nearby Bucks County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 18974
18963$1,970+4.8%
18964$1,730−8.0%
18966$2,310+22.9%
18968$1,970+4.8%
18969$1,830−2.7%
18970$1,680−10.6%
18972$1,820−3.2%
18974Current$1,880—
18976$2,120+12.8%
18977$2,500+33.0%
18980$2,760+46.8%
18981$1,970+4.8%

Questions about ZIP 18974 rents

How much will Section 8 pay for a two-bedroom in ZIP 18974?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,880, that basic range is $1,692 to $2,068 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 18974 in?

ZIP 18974 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 18974 for FY 2027?

The two-bedroom FMR fell 0.5%, from $1,890 in FY 2026 to $1,880 in FY 2027. Since FY 2023 it has risen 14.6%.

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