Income Limits by County

FY2027 Small Area FMR · Kennett Square, PA

ZIP 19348 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 19348 (Kennett Square, PA) is $1,760 a month, up 2.9% from FY2026. That is 5% below the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area-wide FMR of $1,860.

2-bedroom SAFMR$1,760per month ▲ 2.9%
Area-wide 2 BR FMR$1,860Philadelphia-Camden-Wilmingt
Rank in the area320thof 473 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,584
2 BR Small Area FMR$1,760
110% of SAFMR$1,936

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

FY2027 FY2026

Where 19348 sits in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area

$1,230$2,790median $1,900

Of the 473 ZIP codes HUD lists for the area, 19348 has the 320th 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 $1,584 and $1,936 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$1,360$1,224 – $1,496$1,438$1,320
1 bedroom$1,470$1,323 – $1,617$1,558$1,440
2 bedrooms$1,760$1,584 – $1,936$1,860$1,710
3 bedrooms$2,100$1,890 – $2,310$2,216$2,050
4 bedrooms$2,310$2,079 – $2,541$2,445$2,290

A household renting a two-bedroom home at the Small Area FMR of $1,760 needs about $70,400 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 19348 lies mainly in Chester 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

ZIPPlaceDistance2 BR SAFMR
19375Unionville2.4 mi$1,770
19374Toughkenamon3.9 mi$1,290
19311Avondale4.6 mi$1,840
19736Yorklyn5.1 mi$2,170
19707Hockessin6.1 mi$1,940
19317Chadds Ford6.1 mi$2,440

Questions

What is the Fair Market Rent for ZIP code 19348?

HUD's FY2027 Small Area Fair Market Rents for 19348 are $1,360 (studio), $1,470 (1 BR), $1,760 (2 BR), $2,100 (3 BR) and $2,310 (4 BR) a month.

What is the Section 8 payment standard in 19348?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 19348 that range is $1,584 to $1,936 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 19348?

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.