Section 8 Fair Market Rent (FMR) for ZIP 15262 - 2027

FY 2027 Fair Market Rent Rates

$1230 FMR (zip FY 2024) indicates the Fair Market Rent for ZIP 15262, providing a benchmark for rental pricing in the area.

N/A market rent highlights the lack of specific recent market rental data for ZIP 15262, suggesting reliance on FMR for guidance.

N/A median home value means there is no specific median home value reported for ZIP 15262, which could imply a diverse range of property values or limited data.

N/A% renter share suggests that the percentage of renters in the area is unknown, making it difficult to gauge the demand for rental properties specifically.

N/A median income points to the absence of reported median income data for ZIP 15262, which is crucial for understanding the purchasing power of potential tenants or buyers.

N/A-day DOM implies that the typical time on the market for properties is not specified, indicating variability or insufficient data for a precise trend analysis.

N/A% price-cut share shows that there is no reported percentage of homes being sold at a discount, suggesting a stable market where homes are generally selling at their asking price.

The housing market in ZIP 15262 appears to be stable, with a clear Fair Market Rent figure but lacking in other specific metrics. This stability is reflected in the lack of significant price cuts and the reliance on FMR for rental guidance.

Section 8 verdict: The ZIP 15262 market supports Section 8 investment, given the stable rental environment and the absence of negative trends.

Data Sources: FMR data from HUD (2027).

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.