FMR is below market; voucher rent may lag private rents.
0.85
1 BR
1 BR- 16140
0.90ratio
FMR$790
Market$880
vs market-$90
FMR is below market; voucher rent may lag private rents.
0.90
2 BR
2 BR- 16140
1.00ratio
FMR$1,010
Market$1,010
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
3 BR
3 BR- 16140
1.22ratio
FMR$1,400
Market$1,150
vs market+$250
FMR is above market; underwrite to market rent.
1.22
4 BR
4 BR- 16140
1.24ratio
FMR$1,550
Market$1,250
vs market+$300
FMR is above market; underwrite to market rent.
1.24
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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New Bedford, PA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in New Bedford, PA is $1,010 a month. That is up 4.1% from $970 in FY 2026. New Bedford is in the Lawrence County, PA HUD Metro 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 metro-wide two-bedroom FMR of $1,095. The median county two-bedroom FMR in Pennsylvania is $1,136, so New Bedford is 11% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for New Bedford, PA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$680
$720
+5.9%
$648–$792
1BR
$760
$790
+3.9%
$711–$869
2BR
$970
$1,010
+4.1%
$909–$1,111
3BR
$1,340
$1,400
+4.5%
$1,260–$1,540
4BR
$1,490
$1,550
+4.0%
$1,395–$1,705
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for New Bedford, PA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$720
$790
$1,010
$1,400
$1,550
FY 2026
$680
$760
$970
$1,340
$1,490
FY 2025
$670
$710
$910
$1,250
$1,390
FY 2024area FMR
$590
$663
$871
$1,208
$1,386
FY 2023area FMR
$562
$638
$840
$1,109
$1,320
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about New Bedford, PA rents
How much will Section 8 pay for a two-bedroom in New Bedford, PA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,095, which applies unless the housing authority uses Small Area FMRs, that basic range is $986 to $1,205 a month; under the ZIP-level Small Area FMR of $1,010 it would be $909 to $1,111. 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 New Bedford, PA in?
New Bedford, PA is in the Lawrence County, PA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,095.
How much did fair market rent change in New Bedford, PA for FY 2027?
The two-bedroom FMR rose 4.1%, from $970 in FY 2026 to $1,010 in FY 2027. Since FY 2025 it has risen 11.0%.
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