FY2027 Small Area FMR · Camden, NJ
ZIP 08104 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 08104 (Camden, NJ) is $1,480 a month, up 4.2% from FY2026. That is 20% below the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area-wide FMR of $1,860.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 08104 sits in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area
Of the 473 ZIP codes HUD lists for the area, 08104 has the 441st highest two-bedroom Small Area FMR. Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2016), so local housing agencies must set payment standards from this ZIP code's figure, normally between $1,332 and $1,628 for two bedrooms.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,140 | $1,026 – $1,254 | $1,438 | $1,100 |
| 1 bedroom | $1,240 | $1,116 – $1,364 | $1,558 | $1,190 |
| 2 bedrooms | $1,480 | $1,332 – $1,628 | $1,860 | $1,420 |
| 3 bedrooms | $1,760 | $1,584 – $1,936 | $2,216 | $1,700 |
| 4 bedrooms | $1,950 | $1,755 – $2,145 | $2,445 | $1,900 |
A household renting a two-bedroom home at the Small Area FMR of $1,480 needs about $59,200 a year to keep housing costs at 30% of income. The area median family income is $122,700 and the 80% low-income limit for four people is $98,150. ZIP code 08104 lies mainly in Camden County. See the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 08104?
HUD's FY2027 Small Area Fair Market Rents for 08104 are $1,140 (studio), $1,240 (1 BR), $1,480 (2 BR), $1,760 (3 BR) and $1,950 (4 BR) a month.
What is the Section 8 payment standard in 08104?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 08104 that range is $1,332 to $1,628 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 08104?
The FY2026 income limits of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area apply: median family income $122,700, low-income (80%) limit $98,150 for a family of four.