ZIP 08023 Fair Market Rent FY2027
Small Area Fair Market Rents for ZIP code 08023 in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA FMR area.
$1,890Efficiency
$2,0401 bedroom
$2,4402 bedrooms
$2,9103 bedrooms
$3,2104 bedrooms
Payment standard range
| Unit size | SAFMR | 90% | 110% | Metro FMR |
|---|---|---|---|---|
| Efficiency | $1,890 | $1,701 | $2,079 | $1,438 |
| 1 bedroom | $2,040 | $1,836 | $2,244 | $1,558 |
| 2 bedrooms | $2,440 | $2,196 | $2,684 | $1,860 |
| 3 bedrooms | $2,910 | $2,619 | $3,201 | $2,216 |
| 4 bedrooms | $3,210 | $2,889 | $3,531 | $2,445 |
Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.
Questions and answers
What is the Small Area Fair Market Rent for ZIP code 08023?
HUD's FY2027 Small Area FMRs for ZIP 08023 (Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA) are $1,890 efficiency, $2,040 one bedroom, $2,440 two bedrooms, $2,910 three and $3,210 four bedrooms.
What payment standard can a housing authority set in ZIP 08023?
Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $2,196 to $2,684.