FMR is below market; voucher rent may lag private rents.
0.63
1 BR
1 BR- 18337
0.69ratio
FMR$1,370
Market$2,000
vs market-$630
FMR is below market; voucher rent may lag private rents.
0.69
2 BR
2 BR- 18337
0.81ratio
FMR$1,640
Market$2,030
vs market-$390
FMR is below market; voucher rent may lag private rents.
0.81
3 BR
3 BR- 18337
0.99ratio
FMR$2,270
Market$2,290
vs market-$20
FMR is near market; voucher and private rents are aligned.
0.99
4 BR
4 BR- 18337
1.08ratio
FMR$2,740
Market$2,530
vs market+$210
FMR is near market; voucher and private rents are aligned.
1.08
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
--
Milford, PA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Milford, PA is $1,640 a month. That is up 4.5% from $1,570 in FY 2026. Milford is in the Pike 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 $1,521. The median county two-bedroom FMR in Pennsylvania is $1,136, so Milford is 44% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Milford, PA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,170
$1,210
+3.4%
$1,089–$1,331
1BR
$1,260
$1,370
+8.7%
$1,233–$1,507
2BR
$1,570
$1,640
+4.5%
$1,476–$1,804
3BR
$2,160
$2,270
+5.1%
$2,043–$2,497
4BR
$2,630
$2,740
+4.2%
$2,466–$3,014
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Milford, PA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,210
$1,370
$1,640
$2,270
$2,740
FY 2026
$1,170
$1,260
$1,570
$2,160
$2,630
FY 2025
$1,300
$1,300
$1,690
$2,200
$2,810
FY 2024
$1,240
$1,250
$1,640
$2,090
$2,700
FY 2023
$1,060
$1,070
$1,410
$1,840
$2,360
Questions about Milford, PA rents
How much will Section 8 pay for a two-bedroom in Milford, PA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,521, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,369 to $1,673 a month; under the ZIP-level Small Area FMR of $1,640 it would be $1,476 to $1,804. 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 Milford, PA in?
Milford, PA is in the Pike County, PA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,521.
How much did fair market rent change in Milford, PA for FY 2027?
The two-bedroom FMR rose 4.5%, from $1,570 in FY 2026 to $1,640 in FY 2027. Since FY 2023 it has risen 16.3%.
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