FY2026 Fair Market Rents — Philadelphia County
Studio
$1,397
1BR
$1,520
2BR
$1,810
3BR
$2,170
4BR
$2,423
Philadelphia County, Pennsylvania
FIPS 42101 · County-level FMR and income limit data
FMR Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA
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 |
To afford the FY2026 2-bedroom FMR of $1,810/mo under the 30%-of-income rule, a household needs about
$72,400/yr ($6,033/mo). Area Median Income is $122,700.
At PA's federal minimum wage of $7.25/hr, a worker would need to work 193 hours/week to afford that rent.
Recent FMR Trend
| 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 |
FY2026 Income Limits
Area Median Income: $122,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $25,800 | $29,450 | $33,150 | $36,800 | $39,750 | $44,360 |
| 50% AMI | $42,950 | $49,100 | $55,250 | $61,350 | $66,300 | $71,200 |
| 80% AMI | $68,750 | $78,550 | $88,350 | $98,150 | $106,050 | $113,900 |