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PA/Fayette County/Fayette City

Fayette City, PA

CitySAFMR
Fayette County
Found 1 ZIP

City Median Investment Score

91Below average

095130300
BRFMR
Eff. Rent
0 BR$780$650
1 BR$840$730
2 BR$1,010$960
3 BR$1,300$1,220
4 BR$1,420$1,240
5 BR$1,633Not available
6 BR$1,878Not available
7 BR$2,160Not available
8 BR$2,484Not available

Purchase Price Calculator

Maximum purchase price
$80,739

Cost breakdown

+Likely effective rent$960
HUD FMR$1,010
Market rentUsed$960
Est. payment standard (97%)$980
-Principal and interest-$408
Loan amount$64,591
Down payment$16,148
Rate6.50%
Term30 years
-Operating costs-$352
Property taxes-$81
Insurance-$175
Utilities$0
HOA$0
Management-$96
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$15,722(97.4% ROI)
Projected value
$86,947
Return breakdown
Property appreciation+$6,208
Loan principal paid down+$2,314
Rental cash flow+$7,200
5-year hold
+$26,737(165.6% ROI)
Projected value
$91,349
Return breakdown
Property appreciation+$10,610
Loan principal paid down+$4,127
Rental cash flow+$12,000
10-year hold
+$56,447(349.6% ROI)
Projected value
$103,353
Return breakdown
Property appreciation+$22,614
Loan principal paid down+$9,833
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.20
1 BR
1.15
2 BR
1.05
3 BR
1.07
4 BR
1.15
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Fayette City, PA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Fayette City, PA is $1,010 a month. That is up 4.1% from $970 in FY 2026. Fayette City is in the Pittsburgh, PA HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Pennsylvania is $1,136, so Fayette City is 11% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Fayette City, PA
BedroomsFY 2027Change90–110% range
Studio$780+4.0%$702–$858
1BR$840+3.7%$756–$924
2BR$1,010+4.1%$909–$1,111
3BR$1,300+4.8%$1,170–$1,430
4BR$1,420+6.0%$1,278–$1,562

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Fayette City, PA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$780$840$1,010$1,300$1,420
FY 2026$750$810$970$1,240$1,340
FY 2025$710$760$910$1,160$1,250
FY 2024$690$720$870$1,100$1,200
FY 2023$660$690$830$1,060$1,150

Questions about Fayette City, PA rents

How much will Section 8 pay for a two-bedroom in Fayette City, PA?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,010, that basic range is $909 to $1,111 a month. 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 Fayette City, PA in?

Fayette City, PA is in the Pittsburgh, PA HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in Fayette City, PA for FY 2027?

The two-bedroom FMR rose 4.1%, from $970 in FY 2026 to $1,010 in FY 2027. Since FY 2023 it has risen 21.7%.

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