ZIP 08038 Fair Market Rent FY2027
Small Area Fair Market Rents for ZIP code 08038 in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA FMR area.
$1,580Efficiency
$1,7101 bedroom
$2,0402 bedrooms
$2,4303 bedrooms
$2,6804 bedrooms
Payment standard range
| Unit size | SAFMR | 90% | 110% | Metro FMR |
|---|---|---|---|---|
| Efficiency | $1,580 | $1,422 | $1,738 | $1,438 |
| 1 bedroom | $1,710 | $1,539 | $1,881 | $1,558 |
| 2 bedrooms | $2,040 | $1,836 | $2,244 | $1,860 |
| 3 bedrooms | $2,430 | $2,187 | $2,673 | $2,216 |
| 4 bedrooms | $2,680 | $2,412 | $2,948 | $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 08038?
HUD's FY2027 Small Area FMRs for ZIP 08038 (Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA) are $1,580 efficiency, $1,710 one bedroom, $2,040 two bedrooms, $2,430 three and $2,680 four bedrooms.
What payment standard can a housing authority set in ZIP 08038?
Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,836 to $2,244.