Skip to main content
Loading page
Philadelphia County/Philadelphia/19103

19103

ZIPSAFMR
Philadelphia County, PA
Zillow

ZIP Investment Score

35Below average

095130300
BRFMR
Eff. Rent
0 BR$2,160$1,980
1 BR$2,340$2,110
2 BR$2,790$3,070
3 BR$3,320$3,020
4 BR$3,670$4,040
5 BR$4,221Not available
6 BR$4,854Not available
7 BR$5,582Not available
8 BR$6,419Not available

Purchase Price Calculator

Maximum purchase price
$394,284

Cost breakdown

+Likely effective rent$3,070
HUD FMR$2,790
Market rent$3,950
Est. payment standard (110%)Used$3,070
-Principal and interest-$1,994
Loan amount$315,427
Down payment$78,857
Rate6.50%
Term30 years
-Operating costs-$876
Property taxes-$394
Insurance-$175
Utilities$0
HOA$0
Management-$307
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$48,818(61.9% ROI)
Projected value
$424,601
Return breakdown
Property appreciation+$30,317
Loan principal paid down+$11,301
Rental cash flow+$7,200
5-year hold
+$83,965(106.5% ROI)
Projected value
$446,096
Return breakdown
Property appreciation+$51,812
Loan principal paid down+$20,153
Rental cash flow+$12,000
10-year hold
+$182,453(231.4% ROI)
Projected value
$504,717
Return breakdown
Property appreciation+$110,433
Loan principal paid down+$48,020
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
1.09
1 BR
1.11
2 BR
0.71
3 BR
1.10
4 BR
0.82
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 19103 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 19103 (Philadelphia, PA) is $2,790 a month. That is up 2.6% from $2,720 in FY 2026. Philadelphia 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, 19103 is tied for the highest two-bedroom rent (county range $1,350–$2,790). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 19103 is 146% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 19103
BedroomsFY 2027Change90–110% range
Studio$2,160+2.9%$1,944–$2,376
1BR$2,340+2.6%$2,106–$2,574
2BR$2,790+2.6%$2,511–$3,069
3BR$3,320+1.8%$2,988–$3,652
4BR$3,670+0.8%$3,303–$4,037

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 19103
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,160$2,340$2,790$3,320$3,670
FY 2026$2,100$2,280$2,720$3,260$3,640
FY 2025$2,060$2,270$2,700$3,250$3,700
FY 2024$1,960$2,180$2,610$3,160$3,640
FY 2023$1,630$1,830$2,210$2,690$3,130

Two-bedroom rent in nearby Philadelphia County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 19103
19095$2,300−17.6%
19101$1,780−36.2%
19102$2,7900.0%
19103Current$2,790—
19104$1,930−30.8%
19105$1,780−36.2%
19106$2,7900.0%
19107$2,620−6.1%
19108$2,460−11.8%
19109$1,780−36.2%
19110$1,780−36.2%
19111$1,660−40.5%

Questions about ZIP 19103 rents

How much will Section 8 pay for a two-bedroom in ZIP 19103?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,790, that basic range is $2,511 to $3,069 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 19103 in?

ZIP 19103 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 19103 for FY 2027?

The two-bedroom FMR rose 2.6%, from $2,720 in FY 2026 to $2,790 in FY 2027. Since FY 2023 it has risen 26.2%.

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