FMR is below market; voucher rent may lag private rents.
0.86
1 BR
1 BR- 17237
0.99ratio
FMR$1,240
Market$1,250
vs market-$10
FMR is near market; voucher and private rents are aligned.
0.99
2 BR
2 BR- 17237
1.01ratio
FMR$1,540
Market$1,520
vs market+$20
FMR is near market; voucher and private rents are aligned.
1.01
3 BR
3 BR- 17237
1.10ratio
FMR$2,060
Market$1,870
vs market+$190
FMR is above market; underwrite to market rent.
1.10
4 BR
4 BR- 17237
1.10ratio
FMR$2,210
Market$2,000
vs market+$210
FMR is above market; underwrite to market rent.
1.10
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
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Mont Alto, PA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Mont Alto, PA is $1,540 a month. That is down 3.8% from $1,600 in FY 2026. Mont Alto is in the Chambersburg, PA MSA. 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 metro-wide two-bedroom FMR of $1,325. The median county two-bedroom FMR in Pennsylvania is $1,136, so Mont Alto is 36% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Mont Alto, PA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,180
$1,070
−9.3%
$963–$1,177
1BR
$1,300
$1,240
−4.6%
$1,116–$1,364
2BR
$1,600
$1,540
−3.7%
$1,386–$1,694
3BR
$2,120
$2,060
−2.8%
$1,854–$2,266
4BR
$2,310
$2,210
−4.3%
$1,989–$2,431
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Mont Alto, PA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,070
$1,240
$1,540
$2,060
$2,210
FY 2026
$1,180
$1,300
$1,600
$2,120
$2,310
FY 2025
$1,110
$1,150
$1,400
$1,870
$2,120
FY 2024
$1,060
$1,060
$1,330
$1,770
$1,990
FY 2023
$890
$900
$1,150
$1,560
$1,690
Questions about Mont Alto, PA rents
How much will Section 8 pay for a two-bedroom in Mont Alto, PA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,325, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,193 to $1,458 a month; under the ZIP-level Small Area FMR of $1,540 it would be $1,386 to $1,694. 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 Mont Alto, PA in?
Mont Alto, PA is in the Chambersburg, PA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,325.
How much did fair market rent change in Mont Alto, PA for FY 2027?
The two-bedroom FMR fell 3.8%, from $1,600 in FY 2026 to $1,540 in FY 2027. Since FY 2023 it has risen 33.9%.
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