ZIP 18076 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 18076 in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA FMR area.

$1,150Efficiency
$1,2601 bedroom
$1,5102 bedrooms
$1,8103 bedrooms
$2,0604 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,150$1,035$1,265$1,438
1 bedroom$1,260$1,134$1,386$1,558
2 bedrooms$1,510$1,359$1,661$1,860
3 bedrooms$1,810$1,629$1,991$2,216
4 bedrooms$2,060$1,854$2,266$2,445

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 18076

$67,377average adjusted gross income per tax return (2022)
$49,875average salaries and wages per return
1,500tax returns filed
27%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00027.3%
$25,000 to $50,00022.7%
$50,000 to $75,00016.0%
$75,000 to $100,00012.0%
$100,000 to $200,00018.7%
$200,000 or more3.3%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 7.3% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 18076?

HUD's FY2027 Small Area FMRs for ZIP 18076 (Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA) are $1,150 efficiency, $1,260 one bedroom, $1,510 two bedrooms, $1,810 three and $2,060 four bedrooms.

What payment standard can a housing authority set in ZIP 18076?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,359 to $1,661.

How affordable is rent in ZIP 18076?

Tax returns filed from ZIP 18076 reported an average adjusted gross income of $67,377 (2022). A two-bedroom unit at the Small Area FMR costs $18,120 a year, or 27% of that income.