Philadelphia-Camden-Wilmington Fair Market Rent 2026
HUD Fair Market Rent data for the Philadelphia-Camden-Wilmington metropolitan area. Median household income: $70,627/year. Vacancy rate: 7.1%.
2BR FMR
$1,207/mo
Median Income
$70,627
Vacancy Rate
7.1%
Rent Burden
20.5%
Fair Market Rent by Bedroom Size
Affordability Analysis
Based on the 30% rule, a household earning the median income of $70,627/year can afford up to $1,766/mo in rent.
The 2BR FMR of $1,207/mo represents 20.5% of median income, which is within the 30% affordability threshold.
Rental Market Conditions
The vacancy rate of 7.1% in Philadelphia-Camden-Wilmington indicates a loose rental market. Higher vacancy gives renters more options and potential leverage on pricing.
Frequently Asked Questions
What is the average rent in Philadelphia-Camden-Wilmington?
The 2026 HUD FMR for a 2-bedroom in the Philadelphia-Camden-Wilmington metro area is $1,207/month. 1BR: $990, 3BR: $1,535.
What is the vacancy rate in Philadelphia-Camden-Wilmington?
The rental vacancy rate in Philadelphia-Camden-Wilmington is 7.1%. A rate below 5% typically indicates a tight rental market.
Is Philadelphia-Camden-Wilmington affordable for renters?
With a median income of $70,627 and 2BR rent at $1,207/mo, rent takes about 21% of income in Philadelphia-Camden-Wilmington.
Compare with Other Metro Areas
San Jose-Sunnyvale-Santa Clara
2BR: $2,412/mo
New York-Newark-Jersey City
2BR: $2,293/mo
San Francisco-Oakland-Berkeley
2BR: $2,200/mo
Honolulu
2BR: $1,937/mo
Los Angeles-Long Beach-Anaheim
2BR: $1,888/mo
San Diego-Chula Vista-Carlsbad
2BR: $1,856/mo
Oxnard-Thousand Oaks-Ventura
2BR: $1,761/mo
Santa Cruz-Watsonville
2BR: $1,760/mo
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