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PA/Wayne County/SOUTH CANAAN

SOUTH CANAAN, PA

CityFMR
Wayne County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$824$824
1 BR$927$927
2 BR$1,132$1,132
3 BR$1,417$1,417
4 BR$1,899$1,899
5 BR$2,184
6 BR$2,511
7 BR$2,888
8 BR$3,321

Purchase Price Calculator

Maximum purchase price
$106,298

Cost breakdown

+Likely effective rent$1,132
HUD FMRUsed$1,132
Market rentN/A
Est. payment standardN/A
HUD FMR fallback; market rent is unavailable.
-Principal and interest-$538
Loan amount$85,039
Down payment$21,260
Rate6.50%
Term30 years
-Operating costs-$394
Property taxes-$106
Insurance-$175
Utilities$0
HOA$0
Management-$113
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,420(86.6% ROI)
Projected value
$114,472
Current value$106,298
Return breakdown
Property appreciation+$8,173
Loan principal paid down+$3,047
Rental cash flow+$7,200
5-year hold
+$31,402(147.7% ROI)
Projected value
$120,267
Current value$106,298
Return breakdown
Property appreciation+$13,968
Loan principal paid down+$5,433
Rental cash flow+$12,000
10-year hold
+$66,719(313.8% ROI)
Projected value
$136,071
Current value$106,298
Return breakdown
Property appreciation+$29,772
Loan principal paid down+$12,946
Rental cash flow+$24,000

Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for SOUTH CANAAN, PA (PA) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled FMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

Related ZIPs

SOUTH CANAAN, PA fair market rent benchmarks

The FY 2026 HUD Fair Market Rent (FMR) page for SOUTH CANAAN, PA shows monthly rent benchmarks by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,132 and the 4 bedroom fair market rent is $1,899.

Use these values to compare bedroom-size rent benchmarks and screen a property's rent assumptions. Local housing authorities set voucher payment standards, which may be above or below published HUD FMR, so confirm the applicable authority and current schedule before underwriting a property. Read the FMR and payment-standard guide for the full verification workflow.

FY 2026 Fair Market Rent by bedroom size for SOUTH CANAAN, PA
Bedroom sizeHUD FMR
Studio$824
1 bedroom$927
2 bedroom$1,132
3 bedroom$1,417
4 bedroom$1,899