ZIP 19104 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 19104 in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA FMR area.

$1,490Efficiency
$1,6201 bedroom
$1,9302 bedrooms
$2,3003 bedrooms
$2,5404 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,490$1,341$1,639$1,438
1 bedroom$1,620$1,458$1,782$1,558
2 bedrooms$1,930$1,737$2,123$1,860
3 bedrooms$2,300$2,070$2,530$2,216
4 bedrooms$2,540$2,286$2,794$2,445

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

Income in ZIP 19104

$53,013average adjusted gross income per tax return (2022)
$41,626average salaries and wages per return
15,830tax returns filed
44%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00039.6%
$25,000 to $50,00031.0%
$50,000 to $75,00014.8%
$75,000 to $100,0006.1%
$100,000 to $200,0005.7%
$200,000 or more2.7%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 21.9% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 19104?

HUD's FY2027 Small Area FMRs for ZIP 19104 (Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA) are $1,490 efficiency, $1,620 one bedroom, $1,930 two bedrooms, $2,300 three and $2,540 four bedrooms.

What payment standard can a housing authority set in ZIP 19104?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,737 to $2,123.

How affordable is rent in ZIP 19104?

Tax returns filed from ZIP 19104 reported an average adjusted gross income of $53,013 (2022). A two-bedroom unit at the Small Area FMR costs $23,160 a year, or 44% of that income.