ZIP 19043 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 19043 in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA FMR area.

$1,140Efficiency
$1,2401 bedroom
$1,4802 bedrooms
$1,7603 bedrooms
$1,9504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,140$1,026$1,254$1,438
1 bedroom$1,240$1,116$1,364$1,558
2 bedrooms$1,480$1,332$1,628$1,860
3 bedrooms$1,760$1,584$1,936$2,216
4 bedrooms$1,950$1,755$2,145$2,445

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

Income in ZIP 19043

$69,916average adjusted gross income per tax return (2022)
$56,182average salaries and wages per return
1,470tax returns filed
25%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00023.8%
$25,000 to $50,00022.4%
$50,000 to $75,00018.4%
$75,000 to $100,00011.6%
$100,000 to $200,00020.4%
$200,000 or more3.4%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 11.6% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 19043?

HUD's FY2027 Small Area FMRs for ZIP 19043 (Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA) are $1,140 efficiency, $1,240 one bedroom, $1,480 two bedrooms, $1,760 three and $1,950 four bedrooms.

What payment standard can a housing authority set in ZIP 19043?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,332 to $1,628.

How affordable is rent in ZIP 19043?

Tax returns filed from ZIP 19043 reported an average adjusted gross income of $69,916 (2022). A two-bedroom unit at the Small Area FMR costs $17,760 a year, or 25% of that income.