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Beaver County/Conway/15027

15027

ZIPSAFMR
Beaver County, PA
Zillow

ZIP Investment Score

128Above average

095130300
BRFMR
Eff. Rent
0 BR$920$830
1 BR$980$1,040
2 BR$1,190$1,230
3 BR$1,520$1,600
4 BR$1,650$1,750
5 BR$1,897Not available
6 BR$2,182Not available
7 BR$2,509Not available
8 BR$2,886Not available

Purchase Price Calculator

Maximum purchase price
$120,861

Cost breakdown

+Likely effective rent$1,230
HUD FMR$1,190
Market rent$1,250
Est. payment standard (103%)Used$1,230
-Principal and interest-$611
Loan amount$96,689
Down payment$24,172
Rate6.50%
Term30 years
-Operating costs-$419
Property taxes-$121
Insurance-$175
Utilities$0
HOA$0
Management-$123
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,957(82.6% ROI)
Projected value
$130,154
Return breakdown
Property appreciation+$9,293
Loan principal paid down+$3,464
Rental cash flow+$7,200
5-year hold
+$34,060(140.9% ROI)
Projected value
$136,743
Return breakdown
Property appreciation+$15,882
Loan principal paid down+$6,177
Rental cash flow+$12,000
10-year hold
+$72,571(300.2% ROI)
Projected value
$154,712
Return breakdown
Property appreciation+$33,851
Loan principal paid down+$14,720
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.11
1 BR
0.92
2 BR
0.95
3 BR
0.92
4 BR
0.92
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 15027 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 15027 (Conway, PA) is $1,190 a month. That is up 7.2% from $1,110 in FY 2026. Conway is in the Pittsburgh, PA HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 31 ZIP codes in Beaver County, 15027 is tied for the 21st-highest two-bedroom rent (county range $1,010–$2,080). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 15027 is 5% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 15027
BedroomsFY 2027Change90–110% range
Studio$920+7.0%$828–$1,012
1BR$980+6.5%$882–$1,078
2BR$1,190+7.2%$1,071–$1,309
3BR$1,520+7.0%$1,368–$1,672
4BR$1,650+7.8%$1,485–$1,815

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 15027
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$920$980$1,190$1,520$1,650
FY 2026$860$920$1,110$1,420$1,530
FY 2025$820$880$1,050$1,340$1,440
FY 2024$710$750$900$1,140$1,240
FY 2023$650$680$820$1,040$1,140

Two-bedroom rent in nearby Beaver County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 15027
15003$1,1900.0%
15005$1,010−15.1%
15009$1,100−7.6%
15010$1,200+0.8%
15019$1,010−15.1%
15021$1,210+1.7%
15026$1,400+17.6%
15027Current$1,190—
15042$2,080+74.8%
15043$1,300+9.2%
15050$1,760+47.9%
15052$1,240+4.2%

Questions about ZIP 15027 rents

How much will Section 8 pay for a two-bedroom in ZIP 15027?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,190, that basic range is $1,071 to $1,309 a month. 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 ZIP 15027 in?

ZIP 15027 is in the Pittsburgh, PA HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 15027 for FY 2027?

The two-bedroom FMR rose 7.2%, from $1,110 in FY 2026 to $1,190 in FY 2027. Since FY 2023 it has risen 45.1%.

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

County fair market rentConway, PA fair market rentPA statewide rentsWhat is SAFMR?Data sources