ZIP 19085 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 19085 in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA FMR area.

$1,950Efficiency
$2,1201 bedroom
$2,5202 bedrooms
$3,0003 bedrooms
$3,3204 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,950$1,755$2,145$1,438
1 bedroom$2,120$1,908$2,332$1,558
2 bedrooms$2,520$2,268$2,772$1,860
3 bedrooms$3,000$2,700$3,300$2,216
4 bedrooms$3,320$2,988$3,652$2,445

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

Income in ZIP 19085

$661,558average adjusted gross income per tax return (2022)
$271,366average salaries and wages per return
2,920tax returns filed
5%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00020.9%
$25,000 to $50,0007.5%
$50,000 to $75,0005.1%
$75,000 to $100,0004.5%
$100,000 to $200,00012.0%
$200,000 or more50.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 2.1% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 19085?

HUD's FY2027 Small Area FMRs for ZIP 19085 (Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA) are $1,950 efficiency, $2,120 one bedroom, $2,520 two bedrooms, $3,000 three and $3,320 four bedrooms.

What payment standard can a housing authority set in ZIP 19085?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $2,268 to $2,772.

How affordable is rent in ZIP 19085?

Tax returns filed from ZIP 19085 reported an average adjusted gross income of $661,558 (2022). A two-bedroom unit at the Small Area FMR costs $30,240 a year, or 5% of that income.