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Kent County/Felton/19943

19943

ZIPSAFMR
Kent County, DE
Zillow

ZIP Investment Score

112Above average

095130300
BRFMR
Eff. Rent
0 BR$1,210$1,330
1 BR$1,220$1,340
2 BR$1,530$1,680
3 BR$2,110$2,110
4 BR$2,430$2,430
5 BR$2,795Not available
6 BR$3,214Not available
7 BR$3,696Not available
8 BR$4,250Not available

Purchase Price Calculator

Maximum purchase price
$187,731

Cost breakdown

+Likely effective rent$1,680
HUD FMR$1,530
Market rent$1,890
Est. payment standard (110%)Used$1,680
-Principal and interest-$949
Loan amount$150,185
Down payment$37,546
Rate6.50%
Term30 years
-Operating costs-$531
Property taxes-$188
Insurance-$175
Utilities$0
HOA$0
Management-$168
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,015(72.0% ROI)
Projected value
$202,166
Return breakdown
Property appreciation+$14,435
Loan principal paid down+$5,381
Rental cash flow+$7,200
5-year hold
+$46,265(123.2% ROI)
Projected value
$212,400
Return breakdown
Property appreciation+$24,669
Loan principal paid down+$9,595
Rental cash flow+$12,000
10-year hold
+$99,444(264.9% ROI)
Projected value
$240,311
Return breakdown
Property appreciation+$52,581
Loan principal paid down+$22,864
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.66
1 BR
0.67
2 BR
0.81
3 BR
1.00
4 BR
1.00
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 19943 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 19943 (Felton, DE) is $1,530 a month. That is up 11.7% from $1,370 in FY 2026. Felton is in the Dover, DE 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 $1,629. Among 21 ZIP codes in Kent County, 19943 has the 15th-highest two-bedroom rent (county range $1,370–$2,000). The median county two-bedroom FMR in Delaware is $1,629, so ZIP 19943 is 6% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 19943
BedroomsFY 2027Change90–110% range
Studio$1,210+12.0%$1,089–$1,331
1BR$1,220+11.9%$1,098–$1,342
2BR$1,530+11.7%$1,377–$1,683
3BR$2,110+10.5%$1,899–$2,321
4BR$2,430+14.1%$2,187–$2,673

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 19943
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,210$1,220$1,530$2,110$2,430
FY 2026$1,080$1,090$1,370$1,910$2,130
FY 2025$1,050$1,060$1,340$1,870$2,050
FY 2024$1,050$1,050$1,290$1,820$2,030
FY 2023$960$970$1,160$1,650$1,860

Two-bedroom rent in nearby Kent County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 19943
19934$1,870+22.2%
19936$1,370−10.5%
19938$2,000+30.7%
19943Current$1,530—
19946$1,470−3.9%
19950$1,580+3.3%
19952$1,520−0.7%
19953$1,480−3.3%
19954$1,520−0.7%
19955$2,000+30.7%
19961$1,630+6.5%
19962$1,560+2.0%

Questions about ZIP 19943 rents

How much will Section 8 pay for a two-bedroom in ZIP 19943?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,629, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,466 to $1,792 a month; under the ZIP-level Small Area FMR of $1,530 it would be $1,377 to $1,683. 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 19943 in?

ZIP 19943 is in the Dover, DE MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,629.

How much did fair market rent change in ZIP 19943 for FY 2027?

The two-bedroom FMR rose 11.7%, from $1,370 in FY 2026 to $1,530 in FY 2027. Since FY 2023 it has risen 31.9%.

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 rentFelton, DE fair market rentDE statewide rentsWhat is SAFMR?Data sources