Location: Pittsburgh, PA | Metro: Pittsburgh, PA HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,110 |
| 1 Bedroom | $1,180 |
| 2 Bedrooms | $1,430 |
| 3 Bedrooms | $1,820 |
| 4 Bedrooms | $1,980 |
| 5 Bedrooms | $2,297 |
| 6 Bedrooms | $2,573 |
| 7 Bedrooms | $2,779 |
| 8 Bedrooms | $2,918 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,430 | $164,178 | 0.87% | C |
U.S. Census Bureau data (2024)
The median income in ZIP code 15006, which encompasses Bairdford, PA, stands at $79,417. However, the absence of specific market rate data makes it challenging to directly assess the affordability of housing for local renters. Despite this, we can analyze the situation using the available Fair Market Rent (FMR) figure for the area, set at $1250 for fiscal year 2024.
In Bairdford, PA, the FMR reflects the amount paid by Section 8 vouchers. This means that a household receiving a voucher would be expected to pay 30% of their adjusted income towards rent, while the government covers the remaining portion up to $1250. Given the median income, the typical voucher holder would contribute around $357 per month towards rent, leaving the government to subsidize the rest.
The ZIP code has a relatively low population of 180, with 23.8% being renters. This translates to approximately 43 rental households in the area. The limited number of renters suggests a competitive environment for landlords, as they must cater to a smaller pool of potential tenants. The affordability gap between the median income and the FMR indicates that many renters might struggle to find housing without assistance, making voucher recipients a significant part of the rental market.
Landlords considering their strategy should note that while cash-paying tenants might offer higher rents, the reliability and stability of voucher payments could be more attractive. Vouchers guarantee consistent income, often at a fixed rate, reducing the risk of non-payment. Moreover, the demand for affordable housing in Bairdford, PA, implies that landlords who accept vouchers will have a steady stream of tenants, even if the rent is lower compared to market rates.
Takeaway: For landlords in ZIP 15006, accepting Section 8 vouchers can ensure a stable tenant base and reduce vacancy rates. While the $1250 FMR may seem lower than potential market rates, the high demand for affordable housing and the limited number of renters make voucher acceptance a strategic choice.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.