FY2026 Fair Market Rents — Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio
$1,397
1BR
$1,520
2BR
$1,810
3BR
$2,170
4BR
$2,423
Hours/week at min wage
93 hrs
to afford the 2BR FMR @ $15.00/hr (MD)
YoY change (2BR)
+0.4%
+$8 vs FY2025 · 5-yr +43.7%
Voucher payment standard
$1,629–$1,991
PHAs set HCV payment at 90–110% of the 2BR FMR

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA

Non-Metropolitan area · MD · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $1,397 $16,764
1-Bedroom $1,520 $18,240
2-Bedroom $1,810 $21,720
3-Bedroom $2,170 $26,040
4-Bedroom $2,423 $29,076

Recent 2-Bedroom FMR Trend

FY2020 $1,226 → FY2026 $1,810
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $1,397 $1,520 $1,810 $2,170 $2,423
FY2025 $1,372 $1,512 $1,802 $2,171 $2,468
FY2024 $1,303 $1,451 $1,737 $2,100 $2,422
FY2023 $1,081 $1,218 $1,470 $1,789 $2,079
FY2022 $940 $1,071 $1,298 $1,605 $1,837
FY2021 $900 $1,040 $1,260 $1,567 $1,796
FY2020 $864 $1,013 $1,226 $1,528 $1,754

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $122,700

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $25,800 $29,450 $33,150 $36,800 $39,750 $44,360
50% AMI (Very Low) $42,950 $49,100 $55,250 $61,350 $66,300 $71,200
80% AMI (Low) $68,750 $78,550 $88,350 $98,150 $106,050 $113,900

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$21,720/yr
FMR as % of Area Median Income
17.7% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$72,400/yr
$6,033/mo gross income

FY2026 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band Studio 1BR 2BR 3BR 4BR
50% AMI Maximum $1,073 $1,227 $1,380 $1,656 $1,779
60% AMI Maximum $1,288 $1,472 $1,656 $1,987 $2,134

FY2026 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $1,397 $1,520 $1,810 $1,993 $1,993
Low HOME Rent $1,073 $1,227 $1,381 $1,533 $1,657

Small Area FMRs by ZIP Code

This metro publishes ZIP-level Small Area Fair Market Rents. Metro-wide 2BR FMR: $1,810. About SAFMRs →

Highest-cost ZIPs (2BR SAFMR)

08019 $2,720
08515 $2,720
08640 $2,720
08641 $2,720
18923 $2,720

Lowest-cost ZIPs (2BR SAFMR)

17536 $1,130
21913 $1,190
19475 $1,250
17555 $1,280
19133 $1,280
All 473 ZIP codes in this area
08001 08002 08003 08004 08007 08009 08010 08011 08012 08014 08015 08016 08018 08019 08020 08021 08022 08023 08025 08026 08027 08028 08029 08030 08031 08032 08033 08034 08035 08036 08037 08038 08039 08041 08042 08043 08045 08046 08048 08049 08051 08052 08053 08054 08055 08056 08057 08059 08060 08061 08062 08063 08064 08065 08066 08067 08068 08069 08070 08071 08072 08073 08074 08075 08077 08078 08079 08080 08081 08083 08084 08085 08086 08087 08088 08089 08090 08091 08093 08094 08095 08096 08097 08098 08099 08101 08102 08103 08104 08105 08106 08107 08108 08109 08110 08215 08224 08302 08312 08318 08322 08328 08343 08344 08347 08360 08501 08505 08511 08515 08518 08533 08554 08562 08610 08620 08640 08641 08759 17527 17536 17555 18036 18039 18041 18042 18054 18055 18070 18073 18074 18076 18077 18081 18084 18901 18902 18910 18911 18912 18913 18914 18915 18916 18917 18918 18920 18921 18922 18923 18925 18927 18928 18929 18930 18931 18932 18933 18934 18935 18936 18938 18940 18942 18943 18944 18946 18947 18949 18950 18951 18953 18954 18955 18956 18957 18958 18960 18962 18963 18964 18966 18968 18969 18970 18971 18972 18974 18976 18977 18979 18980 18981 19001 19002 19003 19004 19006 19007 19008 19009 19010 19012 19013 19014 19015 19016 19017 19018 19020 19021 19022 19023 19025 19026 19027 19028 19029 19030 19031 19032 19033 19034 19035 19036 19038 19040 19041 19043 19044 19046 19047 19050 19052 19053 19054 19055 19056 19057 19058 19060 19061 19063 19064 19066 19067 19070 19072 19073 19074 19075 19076 19078 19079 19081 19082 19083 19085 19086 19087 19090 19094 19095 19096 19101 19102 19103 19104 19105 19106 19107 19108 19109 19110 19111 19112 19113 19114 19115 19116 19118 19119 19120 19121 19122 19123 19124 19125 19126 19127 19128 19129 19130 19131 19132 19133 19134 19135 19136 19137 19138 19139 19140 19141 19142 19143 19144 19145 19146 19147 19148 19149 19150 19151 19152 19153 19154 19160 19176 19190 19192 19301 19310 19311 19312 19316 19317 19318 19319 19320 19330 19331 19333 19335 19341 19342 19343 19344 19345 19346 19347 19348 19350 19352 19354 19355 19357 19358 19360 19362 19363 19365 19366 19367 19369 19372 19373 19374 19375 19380 19381 19382 19383 19390 19395 19399 19401 19403 19404 19405 19406 19407 19408 19409 19421 19422 19425 19426 19428 19435 19436 19437 19438 19440 19442 19443 19444 19446 19450 19451 19453 19454 19456 19457 19460 19462 19464 19465 19468 19472 19473 19474 19475 19477 19478 19480 19481 19482 19484 19486 19490 19492 19504 19505 19512 19518 19520 19525 19543 19701 19702 19703 19706 19707 19708 19709 19710 19711 19713 19714 19715 19716 19717 19720 19721 19726 19730 19731 19732 19733 19734 19735 19736 19801 19802 19803 19804 19805 19806 19807 19808 19809 19810 19884 19899 19938 19977 21901 21902 21903 21904 21911 21912 21913 21914 21915 21917 21918 21919 21920 21921 21922 21930

Compare Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA With Other MD Metros

vs. Baltimore-Columbia-Towson, MD MSA vs. California-Lexington Park, MD MSA vs. Calvert County, MD HUD Metro FMR Area vs. Cumberland, MD-WV MSA vs. Hagerstown, MD HUD Metro FMR Area

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