FY2027 Small Area FMR · Malvern, PA

ZIP 19355 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 19355 (Malvern, PA) is $2,510 a month, up 2.4% from FY2026. That is 35% above the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area-wide FMR of $1,860.

2-bedroom SAFMR$2,510per month ▲ 2.4%

Area-wide 2 BR FMR$1,860Philadelphia-Camden-Wilmingt

Rank in the area36thof 473 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,259

2 BR Small Area FMR$2,510

110% of SAFMR$2,761

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

Studio$1,940▲ 2.6%

1 BR$2,100▲ 1.9%

2 BR$2,510▲ 2.4%

3 BR$2,990▲ 1.7%

4 BR$3,300▲ 0.6%

FY2027 FY2026

Where 19355 sits in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area

Of the 473 ZIP codes HUD lists for the area, 19355 has the 36th 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 $2,259 and $2,761 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,940	$1,746 – $2,134	$1,438	$1,890
1 bedroom	$2,100	$1,890 – $2,310	$1,558	$2,060
2 bedrooms	$2,510	$2,259 – $2,761	$1,860	$2,450
3 bedrooms	$2,990	$2,691 – $3,289	$2,216	$2,940
4 bedrooms	$3,300	$2,970 – $3,630	$2,445	$3,280

A household renting a two-bedroom home at the Small Area FMR of $2,510 needs about $100,400 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 19355 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

ZIP	Place	Distance	2 BR SAFMR
19345	Immaculata	2.1 mi	$2,510
19301	Paoli	2.8 mi	$2,380
19312	Berwyn	4.3 mi	$2,330
19380	West Chester	5.5 mi	$2,620
19460	Phoenixville	5.6 mi	$2,160
19341	Exton	5.7 mi	$2,620

Questions

What is the Fair Market Rent for ZIP code 19355?

HUD's FY2027 Small Area Fair Market Rents for 19355 are $1,940 (studio), $2,100 (1 BR), $2,510 (2 BR), $2,990 (3 BR) and $3,300 (4 BR) a month.

What is the Section 8 payment standard in 19355?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 19355 that range is $2,259 to $2,761 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 19355?

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.