New Castle County/Newark/19717

19717

ZIPSAFMR

New Castle County, DE

ZIP Investment Score

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$1,470	$1,420	3.9%
1 BR	$1,590	$1,530	3.1%
2 BR	$1,900	$2,090	3.0%
3 BR	$2,260	$2,440	2.5%
4 BR	$2,500	$2,560	1.0%
5 BR	$2,875	Not available	0.9%
6 BR	$3,306	Not available	0.9%
7 BR	$3,802	Not available	0.9%
8 BR	$4,373	Not available	1.0%

Purchase Price Calculator

Maximum purchase price

$248,657

Cost breakdown

+Likely effective rent$2,090

HUD FMR$1,900

Market rent$2,360

Est. payment standard (110%)Used$2,090

-Principal and interest-$1,257

Loan amount$198,925

Down payment$49,731

Rate6.50%

Term30 years

-Operating costs-$633

Property taxes-$249

Insurance-$175

Utilities$0

HOA$0

Management-$209

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$33,446(67.3% ROI)

Projected value

$267,776

Return breakdown

Property appreciation+$19,119

Loan principal paid down+$7,127

Rental cash flow+$7,200

5-year hold

+$57,385(115.4% ROI)

Projected value

$281,332

Return breakdown

Property appreciation+$32,676

Loan principal paid down+$12,709

Rental cash flow+$12,000

10-year hold

+$123,929(249.2% ROI)

Projected value

$318,302

Return breakdown

Property appreciation+$69,645

Loan principal paid down+$30,284

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

1.04ratio

FMR$1,470

Market$1,420

vs market+$50

FMR is near market; voucher and private rents are aligned.

1.04

1 BR

1.04ratio

FMR$1,590

Market$1,530

vs market+$60

FMR is near market; voucher and private rents are aligned.

1.04

2 BR

0.81ratio

FMR$1,900

Market$2,360

vs market-$460

FMR is below market; voucher rent may lag private rents.

0.81

3 BR

0.89ratio

FMR$2,260

Market$2,540

vs market-$280

FMR is below market; voucher rent may lag private rents.

0.89

4 BR

0.97ratio

FMR$2,500

Market$2,590

vs market-$90

FMR is near market; voucher and private rents are aligned.

0.97

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 19717 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 19717 (Newark, DE) is $1,900 a month. That is up 3.8% from $1,830 in FY 2026. Newark 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 38 ZIP codes in New Castle County, 19717 is tied for the 11th-highest two-bedroom rent (county range $1,570–$2,270). The median county two-bedroom FMR in Delaware is $1,629, so ZIP 19717 is 17% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 19717
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$1,410	$1,470	+4.3%	$1,323–$1,617
1BR	$1,540	$1,590	+3.2%	$1,431–$1,749
2BR	$1,830	$1,900	+3.8%	$1,710–$2,090
3BR	$2,190	$2,260	+3.2%	$2,034–$2,486
4BR	$2,450	$2,500	+2.0%	$2,250–$2,750

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 19717
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$1,470	$1,590	$1,900	$2,260	$2,500
FY 2026	$1,410	$1,540	$1,830	$2,190	$2,450
FY 2025	$1,360	$1,490	$1,780	$2,140	$2,440
FY 2024	$1,310	$1,450	$1,740	$2,100	$2,430
FY 2023	$1,090	$1,230	$1,480	$1,800	$2,090

Two-bedroom rent in nearby New Castle County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 19717
19708	$1,810	−4.7%
19709	$2,020	+6.3%
19710	$1,810	−4.7%
19711	$1,900	0.0%
19713	$1,680	−11.6%
19714	$1,810	−4.7%
19715	$1,810	−4.7%
19716	$1,810	−4.7%
19717Current	$1,900	—
19720	$1,630	−14.2%
19721	$1,810	−4.7%
19726	$1,810	−4.7%

Questions about ZIP 19717 rents

How much will Section 8 pay for a two-bedroom in ZIP 19717?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,900, that basic range is $1,710 to $2,090 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 19717 in?

ZIP 19717 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 19717 for FY 2027?

The two-bedroom FMR rose 3.8%, from $1,830 in FY 2026 to $1,900 in FY 2027. Since FY 2023 it has risen 28.4%.

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 rent Newark, DE fair market rent DE statewide rents What is SAFMR?Data sources