ZIP 19007 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 19007 in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA FMR area.

$1,090Efficiency
$1,1801 bedroom
$1,4102 bedrooms
$1,6803 bedrooms
$1,8504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,090$981$1,199$1,438
1 bedroom$1,180$1,062$1,298$1,558
2 bedrooms$1,410$1,269$1,551$1,860
3 bedrooms$1,680$1,512$1,848$2,216
4 bedrooms$1,850$1,665$2,035$2,445

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

Income in ZIP 19007

$59,145average adjusted gross income per tax return (2022)
$46,112average salaries and wages per return
10,850tax returns filed
29%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00028.2%
$25,000 to $50,00028.7%
$50,000 to $75,00018.3%
$75,000 to $100,00010.2%
$100,000 to $200,00012.5%
$200,000 or more2.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 17.3% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 19007?

HUD's FY2027 Small Area FMRs for ZIP 19007 (Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA) are $1,090 efficiency, $1,180 one bedroom, $1,410 two bedrooms, $1,680 three and $1,850 four bedrooms.

What payment standard can a housing authority set in ZIP 19007?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,269 to $1,551.

How affordable is rent in ZIP 19007?

Tax returns filed from ZIP 19007 reported an average adjusted gross income of $59,145 (2022). A two-bedroom unit at the Small Area FMR costs $16,920 a year, or 29% of that income.