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 | $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 |
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 |
U.S. Census Bureau data (2024)
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.