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 | $940 |
| 1 Bedroom | $1,000 |
| 2 Bedrooms | $1,210 |
| 3 Bedrooms | $1,540 |
| 4 Bedrooms | $1,680 |
| 5 Bedrooms | $1,949 |
| 6 Bedrooms | $2,183 |
| 7 Bedrooms | $2,358 |
| 8 Bedrooms | $2,476 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,210 | $168,238 | 0.72% | D |
| 3BR | $1,540 | $248,156 | 0.62% | D |
U.S. Census Bureau data (2024)
ZIP code 15610, located in Acme, PA, is part of the Pittsburgh, PA HUD Metro Fair Market Rent (FMR) Area. The Fair Market Rent for ZIP 15610 in fiscal year 2024 is set at $870, while the actual market rent stands at $539. This indicates that the area has a lower-than-average rental cost compared to the HUD FMR standard for the region. The median home value in Acme is $199,638, which is also below the typical home values seen across the broader Pittsburgh metropolitan area.
The renter share in ZIP 15610 is 13.1%, which is relatively low when compared to other ZIP codes within the Pittsburgh, PA HUD Metro FMR Area. Typically, higher renter shares can be indicative of areas with greater demand for rental properties, often due to factors such as student populations, affordability, or transient worker demographics.
Based on the provided data, ZIP 15610 appears to be a value pocket within the larger Pittsburgh metropolitan area. Its below-average market rents and home values suggest that it offers a more affordable option for both tenants and landlords. However, the relatively low renter share implies that the area may not have as much demand for rental units, potentially making it less attractive for those looking to capitalize on high tenant turnover rates.
The significant gap between the HUD FMR of $870 and the actual market rent of $539 could signal a potential sweet spot for Section 8 landlords. This disparity means that there is ample room for landlords to receive a subsidy that covers the difference between their actual rent and the HUD FMR, without setting their rent too high for the local market.
In summary, ZIP 15610 represents an affordable sub-market within the Pittsburgh, PA HUD Metro FMR Area. It offers lower rents and home values, making it a value pocket rather than a premium sub-market. While the low renter share might indicate less demand for rentals, the favorable gap between market rent and HUD FMR makes it a strategic location for landlords participating in the Section 8 program.
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.