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: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,180 | $72,577 | 1.63% | A+ |
| 2BR | $1,430 | $91,119 | 1.57% | A+ |
| 3BR | $1,820 | $120,261 | 1.51% | A+ |
| 4BR | $1,980 | $138,109 | 1.43% | A |
| 5BR | $2,297 | $152,098 | 1.51% | A+ |
U.S. Census Bureau data (2024)
The median income in ZIP code 15210, Mount Oliver, Pennsylvania, stands at $52,169. Given the market rate for rent at $1,368 per month, it becomes evident that affording market-rate housing is challenging for the average household. This is further highlighted when comparing the market rate to the Fair Market Rent (FMR) set at $1170 for the fiscal year 2024, which is the standard voucher payment for this area.
The disparity between the market rate and the FMR suggests an affordability gap for renters. With 43.3% of the population being renters and a total population of 25,227, this means approximately 10,950 individuals rely on rental housing. The challenge for these renters lies in finding accommodations that fit within their budget, especially when market rates exceed the government-set standards.
This situation impacts landlord competition significantly. Landlords who accept Section 8 vouchers can attract tenants who might otherwise struggle to find affordable housing. However, those who opt for cash-paying tenants may face a smaller pool of potential residents willing or able to pay the higher market rate.
The takeaway for landlords considering whether to accept voucher payments or focus on cash-paying tenants is clear. Accepting vouchers allows landlords to tap into a larger segment of the rental market, ensuring steady occupancy. While the income from vouchers is lower than market rates, the stability they provide can be a significant advantage in a competitive rental environment where affordability is a key concern for many households.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.