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Montgomery County/Ardmore/19003

19003

ZIPSAFMR
Montgomery County, PA
Zillow

ZIP Investment Score

89Below average

095130300
BRFMR
Eff. Rent
0 BR$1,620$1,350
1 BR$1,750$1,900
2 BR$2,090$2,300
3 BR$2,490$2,740
4 BR$2,750$3,030
5 BR$3,162Not available
6 BR$3,637Not available
7 BR$4,182Not available
8 BR$4,810Not available

Purchase Price Calculator

Maximum purchase price
$279,863

Cost breakdown

+Likely effective rent$2,300
HUD FMR$2,090
Market rent$2,460
Est. payment standard (110%)Used$2,300
-Principal and interest-$1,415
Loan amount$223,890
Down payment$55,973
Rate6.50%
Term30 years
-Operating costs-$685
Property taxes-$280
Insurance-$175
Utilities$0
HOA$0
Management-$230
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$36,740(65.6% ROI)
Projected value
$301,381
Return breakdown
Property appreciation+$21,519
Loan principal paid down+$8,021
Rental cash flow+$7,200
5-year hold
+$63,081(112.7% ROI)
Projected value
$316,639
Return breakdown
Property appreciation+$36,776
Loan principal paid down+$14,304
Rental cash flow+$12,000
10-year hold
+$136,470(243.8% ROI)
Projected value
$358,248
Return breakdown
Property appreciation+$78,385
Loan principal paid down+$34,085
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.20
1 BR
0.88
2 BR
0.85
3 BR
0.80
4 BR
0.81
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 19003 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 19003 (Ardmore, PA) is $2,090 a month. That is up 2.5% from $2,040 in FY 2026. Ardmore 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 93 ZIP codes in Montgomery County, 19003 is tied for the 34th-highest two-bedroom rent (county range $1,420–$2,790). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 19003 is 84% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 19003
BedroomsFY 2027Change90–110% range
Studio$1,620+3.2%$1,458–$1,782
1BR$1,750+2.3%$1,575–$1,925
2BR$2,090+2.5%$1,881–$2,299
3BR$2,490+1.6%$2,241–$2,739
4BR$2,750+0.7%$2,475–$3,025

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 19003
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,620$1,750$2,090$2,490$2,750
FY 2026$1,570$1,710$2,040$2,450$2,730
FY 2025$1,580$1,750$2,080$2,510$2,850
FY 2024$1,550$1,730$2,070$2,500$2,890
FY 2023$1,310$1,480$1,780$2,170$2,520

Two-bedroom rent in nearby Montgomery County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 19003
18979$2,060−1.4%
19001$1,740−16.7%
19002$1,960−6.2%
19003Current$2,090—
19004$2,300+10.0%
19006$1,970−5.7%
19009$1,800−13.9%
19010$2,420+15.8%
19012$1,740−16.7%
19025$2,790+33.5%
19027$1,840−12.0%
19031$2,010−3.8%

Questions about ZIP 19003 rents

How much will Section 8 pay for a two-bedroom in ZIP 19003?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,090, that basic range is $1,881 to $2,299 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 19003 in?

ZIP 19003 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 19003 for FY 2027?

The two-bedroom FMR rose 2.5%, from $2,040 in FY 2026 to $2,090 in FY 2027. Since FY 2023 it has risen 17.4%.

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