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Montgomery County/Plymouth Meeting/19462

19462

ZIPSAFMR
Montgomery County, PA
Zillow

ZIP Investment Score

92Below average

095130300
BRFMR
Eff. Rent
0 BR$1,800$1,630
1 BR$1,950$1,930
2 BR$2,330$2,280
3 BR$2,780$2,700
4 BR$3,060$3,330
5 BR$3,519Not available
6 BR$4,047Not available
7 BR$4,654Not available
8 BR$5,352Not available

Purchase Price Calculator

Maximum purchase price
$276,891

Cost breakdown

+Likely effective rent$2,280
HUD FMR$2,330
Market rentUsed$2,280
Est. payment standard (99%)$2,300
-Principal and interest-$1,400
Loan amount$221,512
Down payment$55,378
Rate6.50%
Term30 years
-Operating costs-$680
Property taxes-$277
Insurance-$175
Utilities$0
HOA$0
Management-$228
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$36,427(65.8% ROI)
Projected value
$298,181
Return breakdown
Property appreciation+$21,290
Loan principal paid down+$7,936
Rental cash flow+$7,200
5-year hold
+$62,538(112.9% ROI)
Projected value
$313,276
Return breakdown
Property appreciation+$36,386
Loan principal paid down+$14,152
Rental cash flow+$12,000
10-year hold
+$135,276(244.3% ROI)
Projected value
$354,443
Return breakdown
Property appreciation+$77,553
Loan principal paid down+$33,723
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.10
1 BR
1.01
2 BR
1.02
3 BR
1.03
4 BR
0.88
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 19462 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 19462 (Plymouth Meeting, PA) is $2,330 a month. That is unchanged from FY 2026. Plymouth Meeting 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, 19462 is tied for the 15th-highest two-bedroom rent (county range $1,420–$2,790). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 19462 is 105% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 19462
BedroomsFY 2027Change90–110% range
Studio$1,8000.0%$1,620–$1,980
1BR$1,950−0.5%$1,755–$2,145
2BR$2,3300.0%$2,097–$2,563
3BR$2,780−0.4%$2,502–$3,058
4BR$3,060−1.9%$2,754–$3,366

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 19462
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,800$1,950$2,330$2,780$3,060
FY 2026$1,800$1,960$2,330$2,790$3,120
FY 2025$1,800$1,980$2,360$2,840$3,230
FY 2024$1,730$1,920$2,300$2,780$3,210
FY 2023$1,420$1,600$1,930$2,350$2,730

Two-bedroom rent in nearby Montgomery County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 19462
19450$2,060−11.6%
19451$2,060−11.6%
19453$2,380+2.1%
19454$2,230−4.3%
19456$2,240−3.9%
19460$2,160−7.3%
19462Current$2,330—
19464$1,670−28.3%
19468$2,180−6.4%
19472$1,440−38.2%
19473$1,920−17.6%
19474$2,050−12.0%

Questions about ZIP 19462 rents

How much will Section 8 pay for a two-bedroom in ZIP 19462?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,330, that basic range is $2,097 to $2,563 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 19462 in?

ZIP 19462 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 19462 for FY 2027?

The two-bedroom FMR was unchanged at $2,330 in FY 2027. Since FY 2023 it has risen 20.7%.

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