Section 8 Fair Market Rent (FMR) for ZIP 16681 - 2027

FY 2027 Fair Market Rent Rates

The Fair Market Rent (FMR) for ZIP code 16681 in Unknown, PA, for metro fiscal year 2026 is set at $980. This figure represents the maximum amount that the U.S. Department of Housing and Urban Development (HUD) will pay toward a tenant's rent subsidy under the Section 8 program. It is crucial to understand that this is not the rent you should charge your tenants; it is the payment standard HUD uses to determine the subsidy.

To put this into context, the local median rent for ZIP 16681 has been recorded as N/A, which makes direct comparison challenging. However, the fact that N/A% of the population are renters indicates a strong potential demand for rental properties. This percentage suggests that a significant portion of residents rely on rental housing, making it a viable market for landlords.

Regarding the acquisition cost of a property in this area, recent data shows it to be N/A. This means that when purchasing a rental property, you should expect to spend N/A on average, depending on the condition and location of the property.

Before committing to a Section 8 rental property, ensure that the property meets all HUD’s Housing Quality Standards (HQS). These standards are designed to ensure that the property is safe, decent, and sanitary. Failure to meet these standards can result in disqualification from the program, regardless of the property’s other merits.

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.