Section 8 Fair Market Rent (FMR) for ZIP 15665 - 2027

Location: Pittsburgh, PA | Metro: Pittsburgh, PA HUD Metro FMR Area

Investment Score for ZIP 15665

N/A
Monthly Rent (2BR)
$1,280
Median Price (2BR)
$N/A
1% Rule
0%
Annual Yield
0%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$990
1 Bedroom$1,050
2 Bedrooms$1,280
3 Bedrooms$1,630
4 Bedrooms$1,770
5 Bedrooms$2,053
6 Bedrooms$2,299
7 Bedrooms$2,483
8 Bedrooms$2,607

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
3BR $1,630 $239,541 0.68% D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
1,339
Median Household Income
$82,375
Housing Units
586
Renter Percentage
11.3%
Occupancy Rate
100.0%
Renter Occupied
66

The investment landscape for Section 8 landlords in ZIP code 15665 presents several challenges that must be carefully considered. Tenant turnover is a significant concern, especially when comparing the market rent of N/A to the Fair Market Rent (FMR) of $1170 for FY 2024. This discrepancy can lead to higher vacancy rates, which are further exacerbated by the average days on market (DOM) being N/A. With homes valued at an average of $184,260 and a median income of $82,375, there is a notable risk of deferred maintenance due to the financial strain on tenants.

Despite these risks, the area has a high concentration of renters, with 11.3% of the population租房,这通常意味着有更多的住房券需求。高租户密度可以为房东提供稳定的收入来源,因为即使有租户流失,也有可能迅速找到新的租户。

综合以上分析,对于首次尝试Section 8项目的房东来说,ZIP 15665的风险评级为中等。

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.