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PA/Centre County/Orviston

Orviston, PA

CitySAFMR
Centre County
Found 1 ZIP
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City Median Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,070$980
1 BR$1,080$1,040
2 BR$1,270$1,210
3 BR$1,590$1,450
4 BR$1,680$1,440
5 BR$1,932Not available
6 BR$2,222Not available
7 BR$2,555Not available
8 BR$2,938Not available

Purchase Price Calculator

Maximum purchase price
$117,889

Cost breakdown

+Likely effective rent$1,210
HUD FMR$1,270
Market rentUsed$1,210
Est. payment standard (97%)$1,230
-Principal and interest-$596
Loan amount$94,311
Down payment$23,578
Rate6.50%
Term30 years
-Operating costs-$414
Property taxes-$118
Insurance-$175
Utilities$0
HOA$0
Management-$121
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,644(83.3% ROI)
Projected value
$126,954
Return breakdown
Property appreciation+$9,065
Loan principal paid down+$3,379
Rental cash flow+$7,200
5-year hold
+$33,517(142.2% ROI)
Projected value
$133,381
Return breakdown
Property appreciation+$15,492
Loan principal paid down+$6,026
Rental cash flow+$12,000
10-year hold
+$71,377(302.7% ROI)
Projected value
$150,908
Return breakdown
Property appreciation+$33,019
Loan principal paid down+$14,358
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.09
1 BR
1.04
2 BR
1.05
3 BR
1.10
4 BR
1.17
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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Orviston, PA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Orviston, PA is $1,270 a month. That is down 1.6% from $1,290 in FY 2026. Orviston is in the State College, 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 $1,537. The median county two-bedroom FMR in Pennsylvania is $1,136, so Orviston is 12% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Orviston, PA
BedroomsFY 2027Change90–110% range
Studio$1,070−3.6%$963–$1,177
1BR$1,080−3.6%$972–$1,188
2BR$1,270−1.6%$1,143–$1,397
3BR$1,590+1.3%$1,431–$1,749
4BR$1,680−1.8%$1,512–$1,848

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Orviston, PA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,070$1,080$1,270$1,590$1,680
FY 2026$1,110$1,120$1,290$1,570$1,710
FY 2025$1,010$1,030$1,190$1,440$1,590
FY 2024$1,120$1,140$1,320$1,600$1,760
FY 2023$1,100$1,120$1,290$1,580$1,730

Questions about Orviston, PA rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,537, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,383 to $1,691 a month; under the ZIP-level Small Area FMR of $1,270 it would be $1,143 to $1,397. 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 Orviston, PA in?

Orviston, PA is in the State College, PA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,537.

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

The two-bedroom FMR fell 1.6%, from $1,290 in FY 2026 to $1,270 in FY 2027. Since FY 2023 it has fallen 1.6%.

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