Section 8 Fair Market Rent (FMR) for ZIP 15492 - 2026

Fair Market Rent Rates

Unit Size FY 2026 FMR
Studio (0 Bedroom) $800
1 Bedroom $860
2 Bedrooms $1,040
3 Bedrooms $1,320
4 Bedrooms $1,430

Location: Pittsburgh, PA

Metro Area: Pittsburgh, PA HUD Metro FMR Area

Nearby ZIP Codes

Explore Section 8 payment standards in neighboring areas:

Market Analysis – ZIP 15492, Pittsburgh, PA

Market Overview

ZIP 15492 is a mature, low-volatility sub-market with modest rent growth and a slight buyer-leaning price trend. Demand is steady, driven by long-term residents and a small but stable student/young-professional cohort. Vacancy risk is low, but rent growth is capped by modest local income growth. Investors should expect cash-flow stability rather than rapid appreciation.

Median Sales Price Estimates (ZIP 15492)

  • 2BR: $110,000
  • 3BR: $135,000

1% Rule Analysis

2BR: $1,040 ÷ $110,000 = 0.95% Below 1% Rule

3BR: $1,320 ÷ $135,000 = 0.98% 👎 Below 1% Rule

Investment Potential & Key Insights

Outlook: Expect modest cash-flow stability, limited upside, and a buyer-favorable environment. Units are priced for owner-occupiers, not cash-flow investors. Consider focusing on 3BR units for slightly better rent-to-price ratio.

Actionable Insight: This ZIP is a cash-flow market, not an appreciation play. Investors should expect to subsidize the mortgage with personal income rather than rely on rent. Consider 3BR units for slightly better rent-to-price ratio. Expect modest cash-flow stability, but limited upside. Consider 3BR units for slightly better rent-to-price ratio.