Section 8 Fair Market Rent (FMR) for ZIP 16063 - 2027

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

Investment Score for ZIP 16063

Monthly Rent (2BR)

$1,350

Median Price (2BR)

$272,558

1% Rule

0.5%

Annual Yield

5.94%

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	$1,040
1 Bedroom	$1,110
2 Bedrooms	$1,350
3 Bedrooms	$1,720
4 Bedrooms	$1,870
5 Bedrooms	$2,169
6 Bedrooms	$2,429
7 Bedrooms	$2,623
8 Bedrooms	$2,754

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
2BR	$1,350	$272,558	0.5%	F
3BR	$1,720	$359,442	0.48%	F
4BR	$1,870	$544,805	0.34%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

8,256

Median Household Income

$95,893

Housing Units

3,617

Renter Percentage

30.7%

Occupancy Rate

95.1%

Renter Occupied

1,056

Zelienople, PA (ZIP 16063) is a small town located in Butler County, offering a quiet suburban lifestyle with easy access to Pittsburgh. The local real estate market is characterized by a mix of homeowners and renters, making it a viable investment opportunity for those interested in the Section 8 housing program.

The Fair Market Rent (FMR) for ZIP 16063 in fiscal year 2024 is set at $1210, providing a benchmark for rental pricing in subsidized housing units.
The average market rent, according to Census ACS data, stands at $1,070, indicating that there's a slight premium for Section 8 properties compared to the general market.
The median home value in Zelienople is $373,015, reflecting a stable residential real estate market where both single-family homes and multi-unit buildings can find solid footing.
Renters make up 30.7% of the population, suggesting a significant portion of residents who might qualify for and utilize the Section 8 program.
The median household income in the area is $95,893, which is above the national average and indicates a relatively affluent community that could support higher rental rates.
Unfortunately, the exact number of days on market (DOM) for rental properties is not available, but the combination of the FMR and market rent figures suggests a competitive environment for landlords seeking Section 8 tenants.

In summary, Zelienople offers a promising market for Section 8 investments with a fair balance between the FMR and market rent, a sizeable renter population, and a robust median income. Landlords and small-portfolio investors should focus on properties that can command rents close to the FMR while also considering the overall stability of the local real estate market.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.