What is the Fair Market Rent in Cheltenham Township, PA?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,740 to $2,300 a month across the 3 ZIP codes that cover Cheltenham Township.

By ZIP code: 19012 $1,740, 19095 $2,300, 19027 $1,840.

Across the whole Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA the two-bedroom figure is $1,860.

The Census Bureau’s median gross rent for a two-bedroom home in Cheltenham Township is $1,750 (±$68), within its margin of the Small Area figure for ZIP 19012.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $1,860
2 bedrooms, ZIP 19012: $1,740
2 bedrooms, ZIP 19095: $2,300
2 bedrooms, ZIP 19027: $1,840

Fair Market Rents for Cheltenham Township, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
	Studio	1 bedroom	2 bedrooms	3 bedrooms	4 bedrooms	Census median rent
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA (whole area)	$1,438	$1,558	$1,860	$2,216	$2,445	—
ZIP 19012	$1,350	$1,460	$1,740	$2,070	$2,290	$1,622
ZIP 19095	$1,780	$1,930	$2,300	$2,740	$3,020	$1,836
ZIP 19027 (82% of the ZIP’s land is in this place)	$1,420	$1,540	$1,840	$2,190	$2,420	$1,483

A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.

Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.

The figures for Cheltenham Township include the places inside it that have pages of their own: Cheltenham Village, Elkins Park, Melrose Park, Oak Lane, Wyncote.

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Questions about Cheltenham Township

What is the Section 8 payment standard in Cheltenham Township?

Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA is $1,860, and the Small Area figure for 19012 is $1,740.

What is the Fair Market Rent for a two-bedroom in ZIP 19012?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 19012 is $1,740 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,622 (±$582).

What is the Fair Market Rent for a two-bedroom in ZIP 19095?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 19095 is $2,300 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,836 (±$120).

What is the Fair Market Rent for a two-bedroom in ZIP 19027?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 19027 is $1,840 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,483 (±$74).

What is the Fair Market Rent for a one-bedroom in Cheltenham Township?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 19012 is $1,460 a month, against $1,558 across the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA.

Sources

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.