FMR is below market; voucher rent may lag private rents.
0.85
1 BR
1 BR- 16665
1.00ratio
FMR$980
Market$980
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
2 BR
2 BR- 16665
1.17ratio
FMR$1,180
Market$1,010
vs market+$170
FMR is above market; underwrite to market rent.
1.17
3 BR
3 BR- 16665
1.37ratio
FMR$1,510
Market$1,100
vs market+$410
FMR is above market; underwrite to market rent.
1.37
4 BR
4 BR- 16665
1.52ratio
FMR$1,750
Market$1,150
vs market+$600
FMR is above market; underwrite to market rent.
1.52
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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Newry, PA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Newry, PA is $1,180 a month. That is up 11.3% from $1,060 in FY 2026. Newry is in the Altoona, 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 $1,151. The median county two-bedroom FMR in Pennsylvania is $1,136, so Newry is 4% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Newry, PA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$750
$830
+10.7%
$747–$913
1BR
$880
$980
+11.4%
$882–$1,078
2BR
$1,060
$1,180
+11.3%
$1,062–$1,298
3BR
$1,360
$1,510
+11.0%
$1,359–$1,661
4BR
$1,590
$1,750
+10.1%
$1,575–$1,925
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Newry, PA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$830
$980
$1,180
$1,510
$1,750
FY 2026
$750
$880
$1,060
$1,360
$1,590
FY 2025
$700
$850
$1,020
$1,280
$1,470
FY 2024
$650
$800
$960
$1,190
$1,360
FY 2023
$610
$750
$910
$1,110
$1,230
Questions about Newry, PA rents
How much will Section 8 pay for a two-bedroom in Newry, PA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,151, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,036 to $1,266 a month; under the ZIP-level Small Area FMR of $1,180 it would be $1,062 to $1,298. 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 Newry, PA in?
Newry, PA is in the Altoona, PA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,151.
How much did fair market rent change in Newry, PA for FY 2027?
The two-bedroom FMR rose 11.3%, from $1,060 in FY 2026 to $1,180 in FY 2027. Since FY 2023 it has risen 29.7%.
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