FMR is below market; voucher rent may lag private rents.
0.81
1 BR
1 BR
0.79ratio
FMR$1,310
Market$1,660
vs market-$350
FMR is below market; voucher rent may lag private rents.
0.79
2 BR
2 BR
0.81ratio
FMR$1,560
Market$1,930
vs market-$370
FMR is below market; voucher rent may lag private rents.
0.81
3 BR
3 BR
0.86ratio
FMR$1,860
Market$2,170
vs market-$310
FMR is below market; voucher rent may lag private rents.
0.86
4 BR
4 BR
0.79ratio
FMR$2,050
Market$2,600
vs market-$550
FMR is below market; voucher rent may lag private rents.
0.79
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
ZIP 19457 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 19457 (Parker Ford, PA) is $1,560 a month. That is up 2.6% from $1,520 in FY 2026. Parker Ford 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 62 ZIP codes in Chester County, 19457 is tied for the 53rd-highest two-bedroom rent (county range $1,260–$2,790). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 19457 is 37% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 19457
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,170
$1,210
+3.4%
$1,089–$1,331
1BR
$1,270
$1,310
+3.1%
$1,179–$1,441
2BR
$1,520
$1,560
+2.6%
$1,404–$1,716
3BR
$1,820
$1,860
+2.2%
$1,674–$2,046
4BR
$2,030
$2,050
+1.0%
$1,845–$2,255
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 19457
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,210
$1,310
$1,560
$1,860
$2,050
FY 2026
$1,170
$1,270
$1,520
$1,820
$2,030
FY 2025
$1,140
$1,250
$1,500
$1,800
$2,050
FY 2024
$1,170
$1,300
$1,560
$1,880
$2,170
FY 2023
$960
$1,090
$1,320
$1,600
$1,860
Two-bedroom rent in nearby Chester County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 19457?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,560, that basic range is $1,404 to $1,716 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 19457 in?
ZIP 19457 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 19457 for FY 2027?
The two-bedroom FMR rose 2.6%, from $1,520 in FY 2026 to $1,560 in FY 2027. Since FY 2023 it has risen 18.2%.
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