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Berks County/Centerport/19516

19516

ZIPSAFMR
Berks County, PA
Zillow

ZIP Investment Score

72Below average

095130300
BRFMR
Eff. Rent
0 BR$1,240$1,290
1 BR$1,390$1,370
2 BR$1,780$1,370
3 BR$2,170$1,640
4 BR$2,380$1,820
5 BR$2,737Not available
6 BR$3,148Not available
7 BR$3,620Not available
8 BR$4,163Not available

Purchase Price Calculator

Maximum purchase price
$141,665

Cost breakdown

+Likely effective rent$1,370
HUD FMR$1,780
Market rentUsed$1,370
Est. payment standard (90%)$1,600
-Principal and interest-$716
Loan amount$113,332
Down payment$28,333
Rate6.50%
Term30 years
-Operating costs-$454
Property taxes-$142
Insurance-$175
Utilities$0
HOA$0
Management-$137
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,153(78.2% ROI)
Projected value
$152,558
Return breakdown
Property appreciation+$10,893
Loan principal paid down+$4,060
Rental cash flow+$7,200
5-year hold
+$37,857(133.6% ROI)
Projected value
$160,281
Return breakdown
Property appreciation+$18,616
Loan principal paid down+$7,241
Rental cash flow+$12,000
10-year hold
+$80,932(285.6% ROI)
Projected value
$181,343
Return breakdown
Property appreciation+$39,678
Loan principal paid down+$17,254
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.94
1 BR
1.01
2 BR
1.30
3 BR
1.32
4 BR
1.31
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 19516 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 19516 (Centerport, PA) is $1,780 a month. That is down 6.3% from $1,900 in FY 2026. Centerport is in the Reading, PA MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,418. Among 69 ZIP codes in Berks County, 19516 is tied for the 9th-highest two-bedroom rent (county range $1,370–$2,550). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 19516 is 57% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 19516
BedroomsFY 2027Change90–110% range
Studio$1,240−5.3%$1,116–$1,364
1BR$1,390−6.7%$1,251–$1,529
2BR$1,780−6.3%$1,602–$1,958
3BR$2,170−7.3%$1,953–$2,387
4BR$2,380−5.6%$2,142–$2,618

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 19516
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,240$1,390$1,780$2,170$2,380
FY 2026$1,310$1,490$1,900$2,340$2,520
FY 2025$1,030$1,190$1,500$1,870$1,990
FY 2024$890$1,040$1,320$1,650$1,760
FY 2023$760$900$1,140$1,430$1,530

Two-bedroom rent in nearby Berks County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 19516
19507$1,420−20.2%
19508$1,420−20.2%
19510$1,530−14.0%
19511$1,420−20.2%
19512$1,430−19.7%
19516Current$1,780—
19518$1,710−3.9%
19519$1,430−19.7%
19520$1,370−23.0%
19522$1,420−20.2%
19523$1,420−20.2%
19525$1,480−16.9%

Questions about ZIP 19516 rents

How much will Section 8 pay for a two-bedroom in ZIP 19516?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,418, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,276 to $1,560 a month; under the ZIP-level Small Area FMR of $1,780 it would be $1,602 to $1,958. 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 19516 in?

ZIP 19516 is in the Reading, PA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,418.

How much did fair market rent change in ZIP 19516 for FY 2027?

The two-bedroom FMR fell 6.3%, from $1,900 in FY 2026 to $1,780 in FY 2027. Since FY 2023 it has risen 56.1%.

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