FMR is below market; voucher rent may lag private rents.
0.85
1 BR
1 BR- 18326
0.76ratio
FMR$1,090
Market$1,430
vs market-$340
FMR is below market; voucher rent may lag private rents.
0.76
2 BR
2 BR- 18326
0.83ratio
FMR$1,380
Market$1,660
vs market-$280
FMR is below market; voucher rent may lag private rents.
0.83
3 BR
3 BR- 18326
0.96ratio
FMR$1,860
Market$1,930
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.96
4 BR
4 BR- 18326
0.87ratio
FMR$2,260
Market$2,590
vs market-$330
FMR is below market; voucher rent may lag private rents.
0.87
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Cresco, PA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Cresco, PA is $1,380 a month. That is down 8.0% from $1,500 in FY 2026. Cresco is in the Monroe County, PA non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $1,550. The median county two-bedroom FMR in Pennsylvania is $1,136, so Cresco is 21% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Cresco, PA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,150
$1,040
−9.6%
$936–$1,144
1BR
$1,160
$1,090
−6.0%
$981–$1,199
2BR
$1,500
$1,380
−8.0%
$1,242–$1,518
3BR
$1,940
$1,860
−4.1%
$1,674–$2,046
4BR
$2,480
$2,260
−8.9%
$2,034–$2,486
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Cresco, PA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,040
$1,090
$1,380
$1,860
$2,260
FY 2026
$1,150
$1,160
$1,500
$1,940
$2,480
FY 2025
$1,130
$1,130
$1,490
$1,900
$2,440
FY 2024
$980
$990
$1,300
$1,700
$2,170
FY 2023
$950
$950
$1,240
$1,680
$2,110
Questions about Cresco, PA rents
How much will Section 8 pay for a two-bedroom in Cresco, PA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,550, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,395 to $1,705 a month; under the ZIP-level Small Area FMR of $1,380 it would be $1,242 to $1,518. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Cresco, PA in?
Cresco, PA is in the Monroe County, PA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,550.
How much did fair market rent change in Cresco, PA for FY 2027?
The two-bedroom FMR fell 8.0%, from $1,500 in FY 2026 to $1,380 in FY 2027. Since FY 2023 it has risen 11.3%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set