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19046

ZIPSAFMR
Montgomery County, PA

ZIP Investment Score

85Below average

095130300
BRFMR
Eff. Rent
0 BR$1,430$1,280
1 BR$1,550$1,520
2 BR$1,850$2,030
3 BR$2,200$2,420
4 BR$2,430$2,670
5 BR$2,795Not available
6 BR$3,214Not available
7 BR$3,696Not available
8 BR$4,250Not available

Purchase Price Calculator

Maximum purchase price
$239,741

Cost breakdown

+Likely effective rent$2,030
HUD FMR$1,850
Market rent$2,120
Est. payment standard (109%)Used$2,030
-Principal and interest-$1,212
Loan amount$191,793
Down payment$47,948
Rate6.50%
Term30 years
-Operating costs-$618
Property taxes-$240
Insurance-$175
Utilities$0
HOA$0
Management-$203
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$32,505(67.8% ROI)
Projected value
$258,174
Return breakdown
Property appreciation+$18,434
Loan principal paid down+$6,871
Rental cash flow+$7,200
5-year hold
+$55,758(116.3% ROI)
Projected value
$271,245
Return breakdown
Property appreciation+$31,504
Loan principal paid down+$12,254
Rental cash flow+$12,000
10-year hold
+$120,346(251.0% ROI)
Projected value
$306,888
Return breakdown
Property appreciation+$67,148
Loan principal paid down+$29,198
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.12
1 BR
1.02
2 BR
0.87
3 BR
0.78
4 BR
0.71
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 19046 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 19046 (Jenkintown, PA) is $1,850 a month. That is down 0.5% from $1,860 in FY 2026. Jenkintown 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, 19046 has the 63rd-highest two-bedroom rent (county range $1,420–$2,790). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 19046 is 63% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 19046
BedroomsFY 2027Change90–110% range
Studio$1,430−0.7%$1,287–$1,573
1BR$1,550−0.6%$1,395–$1,705
2BR$1,850−0.5%$1,665–$2,035
3BR$2,200−1.3%$1,980–$2,420
4BR$2,430−2.4%$2,187–$2,673

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 19046
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,430$1,550$1,850$2,200$2,430
FY 2026$1,440$1,560$1,860$2,230$2,490
FY 2025$1,470$1,620$1,930$2,330$2,640
FY 2024$1,450$1,610$1,930$2,330$2,690
FY 2023$1,210$1,360$1,640$2,000$2,320

Two-bedroom rent in nearby Montgomery County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 19046
19025$2,790+50.8%
19027$1,840−0.5%
19031$2,010+8.6%
19034$1,900+2.7%
19035$2,530+36.8%
19038$1,800−2.7%
19040$2,170+17.3%
19041$2,340+26.5%
19044$1,820−1.6%
19046Current$1,850—
19066$2,330+25.9%
19072$2,440+31.9%

Questions about ZIP 19046 rents

How much will Section 8 pay for a two-bedroom in ZIP 19046?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,850, that basic range is $1,665 to $2,035 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 19046 in?

ZIP 19046 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 19046 for FY 2027?

The two-bedroom FMR fell 0.5%, from $1,860 in FY 2026 to $1,850 in FY 2027. Since FY 2023 it has risen 12.8%.

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