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Allegheny County/Creighton/15030

15030

ZIPSAFMR
Allegheny County, PA
Zillow

ZIP Investment Score

138High yield potential

095130300
BRFMR
Eff. Rent
0 BR$910$980
1 BR$970$1,040
2 BR$1,180$1,090
3 BR$1,510$1,260
4 BR$1,640$1,800
5 BR$1,886Not available
6 BR$2,169Not available
7 BR$2,494Not available
8 BR$2,868Not available

Purchase Price Calculator

Maximum purchase price
$100,057

Cost breakdown

+Likely effective rent$1,090
HUD FMR$1,180
Market rentUsed$1,090
Est. payment standard (95%)$1,120
-Principal and interest-$506
Loan amount$80,046
Down payment$20,011
Rate6.50%
Term30 years
-Operating costs-$384
Property taxes-$100
Insurance-$175
Utilities$0
HOA$0
Management-$109
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,761(88.8% ROI)
Projected value
$107,751
Return breakdown
Property appreciation+$7,693
Loan principal paid down+$2,868
Rental cash flow+$7,200
5-year hold
+$30,262(151.2% ROI)
Projected value
$113,205
Return breakdown
Property appreciation+$13,148
Loan principal paid down+$5,114
Rental cash flow+$12,000
10-year hold
+$64,210(320.9% ROI)
Projected value
$128,081
Return breakdown
Property appreciation+$28,024
Loan principal paid down+$12,186
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.90
1 BR
0.90
2 BR
1.08
3 BR
1.20
4 BR
0.12
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 15030 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 15030 (Creighton, PA) is $1,180 a month. That is up 0.9% from $1,170 in FY 2026. Creighton 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 141 ZIP codes in Allegheny County, 15030 has the 116th-highest two-bedroom rent (county range $1,010–$2,080). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 15030 is 4% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 15030
BedroomsFY 2027Change90–110% range
Studio$910+1.1%$819–$1,001
1BR$9700.0%$873–$1,067
2BR$1,180+0.9%$1,062–$1,298
3BR$1,510+0.7%$1,359–$1,661
4BR$1,640+1.9%$1,476–$1,804

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 15030
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$910$970$1,180$1,510$1,640
FY 2026$900$970$1,170$1,500$1,610
FY 2025$900$960$1,150$1,470$1,580
FY 2024$840$880$1,060$1,350$1,460
FY 2023$800$840$1,010$1,280$1,400

Two-bedroom rent in nearby Allegheny County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 15030
15020$1,140−3.4%
15024$1,410+19.5%
15025$1,510+28.0%
15026$1,400+18.6%
15028$1,300+10.2%
15030Current$1,180—
15031$1,420+20.3%
15032$1,480+25.4%
15034$1,010−14.4%
15035$1,010−14.4%
15037$1,170−0.8%
15038$1,260+6.8%

Questions about ZIP 15030 rents

How much will Section 8 pay for a two-bedroom in ZIP 15030?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,180, that basic range is $1,062 to $1,298 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 15030 in?

ZIP 15030 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 15030 for FY 2027?

The two-bedroom FMR rose 0.9%, from $1,170 in FY 2026 to $1,180 in FY 2027. Since FY 2023 it has risen 16.8%.

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