Section 8 Fair Market Rent (FMR) for ZIP 15822 - 2027

FY 2027 Fair Market Rent Rates

The ZIP code 15822, located in Pennsylvania, is a region that offers potential opportunities for real estate investors, particularly those interested in the dynamics of housing markets influenced by government programs such as Section 8. This area is characterized by specific economic indicators that can guide investment decisions.

• The Fair Market Rent (FMR) for the metro area including ZIP 15822 for fiscal year 2026 is set at $970.
• Market rent data is currently unavailable for ZIP 15822, indicating a lack of comprehensive private sector rental pricing information.
• The median home value for the area is also not available, suggesting limited insights into the typical residential property values.
• Renter share data is unavailable, which means we cannot determine the percentage of residents who prefer renting over owning.
• The Days on Market (DOM) data is not available, making it difficult to assess how quickly properties sell or rent in this area.
• The median income for the area is not available, which limits our understanding of the local population's financial capacity.

Despite the absence of certain key metrics, the Fair Market Rent figure of $970 provides a baseline for what landlords can expect when participating in the Section 8 program. However, the lack of market rent, median home value, and other critical data points poses challenges in fully gauging the health and potential of the real estate market in ZIP 15822. Investors should proceed with caution, relying on the FMR as a guide but seeking additional local insights to complement the incomplete dataset.

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.