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Philadelphia County/Bensalem/19020

19020

ZIPSAFMR
Philadelphia County, PA
Zillow

ZIP Investment Score

95Below average

095130300
BRFMR
Eff. Rent
0 BR$1,660$1,540
1 BR$1,800$1,580
2 BR$2,150$2,250
3 BR$2,560$2,370
4 BR$2,830$2,880
5 BR$3,254Not available
6 BR$3,743Not available
7 BR$4,304Not available
8 BR$4,950Not available

Purchase Price Calculator

Maximum purchase price
$272,433

Cost breakdown

+Likely effective rent$2,250
HUD FMR$2,150
Market rent$2,300
Est. payment standard (105%)Used$2,250
-Principal and interest-$1,378
Loan amount$217,946
Down payment$54,487
Rate6.50%
Term30 years
-Operating costs-$672
Property taxes-$272
Insurance-$175
Utilities$0
HOA$0
Management-$225
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$35,956(66.0% ROI)
Projected value
$293,380
Return breakdown
Property appreciation+$20,948
Loan principal paid down+$7,808
Rental cash flow+$7,200
5-year hold
+$61,725(113.3% ROI)
Projected value
$308,232
Return breakdown
Property appreciation+$35,800
Loan principal paid down+$13,925
Rental cash flow+$12,000
10-year hold
+$133,484(245.0% ROI)
Projected value
$348,737
Return breakdown
Property appreciation+$76,304
Loan principal paid down+$33,180
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.08
1 BR
1.14
2 BR
0.93
3 BR
1.08
4 BR
0.98
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 19020 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 19020 (Bensalem, PA) is $2,150 a month. That is up 2.4% from $2,100 in FY 2026. Bensalem 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 60 ZIP codes in Philadelphia County, 19020 has the 14th-highest two-bedroom rent (county range $1,350–$2,790). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 19020 is 89% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 19020
BedroomsFY 2027Change90–110% range
Studio$1,660+2.5%$1,494–$1,826
1BR$1,800+2.3%$1,620–$1,980
2BR$2,150+2.4%$1,935–$2,365
3BR$2,560+1.6%$2,304–$2,816
4BR$2,830+0.7%$2,547–$3,113

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 19020
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,660$1,800$2,150$2,560$2,830
FY 2026$1,620$1,760$2,100$2,520$2,810
FY 2025$1,540$1,700$2,020$2,430$2,770
FY 2024$1,450$1,610$1,930$2,330$2,690
FY 2023$1,200$1,350$1,630$1,980$2,310

Two-bedroom rent in nearby Philadelphia County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 19020
19012$1,740−19.1%
19020Current$2,150—
19046$1,850−14.0%
19095$2,300+7.0%
19101$1,780−17.2%
19102$2,790+29.8%
19103$2,790+29.8%
19104$1,930−10.2%
19105$1,780−17.2%
19106$2,790+29.8%
19107$2,620+21.9%
19108$2,460+14.4%

Questions about ZIP 19020 rents

How much will Section 8 pay for a two-bedroom in ZIP 19020?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,150, that basic range is $1,935 to $2,365 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 19020 in?

ZIP 19020 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 19020 for FY 2027?

The two-bedroom FMR rose 2.4%, from $2,100 in FY 2026 to $2,150 in FY 2027. Since FY 2023 it has risen 31.9%.

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