ZIP 19046 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 19046 in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA FMR area.

$1,430Efficiency
$1,5501 bedroom
$1,8502 bedrooms
$2,2003 bedrooms
$2,4304 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,430$1,287$1,573$1,438
1 bedroom$1,550$1,395$1,705$1,558
2 bedrooms$1,850$1,665$2,035$1,860
3 bedrooms$2,200$1,980$2,420$2,216
4 bedrooms$2,430$2,187$2,673$2,445

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

Income in ZIP 19046

$178,267average adjusted gross income per tax return (2022)
$87,494average salaries and wages per return
10,150tax returns filed
12%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00021.8%
$25,000 to $50,00015.0%
$50,000 to $75,00012.9%
$75,000 to $100,0009.9%
$100,000 to $200,00021.8%
$200,000 or more18.7%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 6.2% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 19046?

HUD's FY2027 Small Area FMRs for ZIP 19046 (Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA) are $1,430 efficiency, $1,550 one bedroom, $1,850 two bedrooms, $2,200 three and $2,430 four bedrooms.

What payment standard can a housing authority set in ZIP 19046?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,665 to $2,035.

How affordable is rent in ZIP 19046?

Tax returns filed from ZIP 19046 reported an average adjusted gross income of $178,267 (2022). A two-bedroom unit at the Small Area FMR costs $22,200 a year, or 12% of that income.