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Washington County/Elco/15434

15434

ZIPSAFMR
Washington County, PA
Zillow

ZIP Investment Score

80Below average

095130300
BRFMR
Eff. Rent
0 BR$980$680
1 BR$1,040$760
2 BR$1,260$1,010
3 BR$1,610$1,180
4 BR$1,750$1,210
5 BR$2,012Not available
6 BR$2,314Not available
7 BR$2,662Not available
8 BR$3,061Not available

Purchase Price Calculator

Maximum purchase price
$88,169

Cost breakdown

+Likely effective rent$1,010
HUD FMR$1,260
Market rentUsed$1,010
Est. payment standard (90%)$1,130
-Principal and interest-$446
Loan amount$70,535
Down payment$17,634
Rate6.50%
Term30 years
-Operating costs-$364
Property taxes-$88
Insurance-$175
Utilities$0
HOA$0
Management-$101
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$16,506(93.6% ROI)
Projected value
$94,948
Return breakdown
Property appreciation+$6,779
Loan principal paid down+$2,527
Rental cash flow+$7,200
5-year hold
+$28,093(159.3% ROI)
Projected value
$99,755
Return breakdown
Property appreciation+$11,586
Loan principal paid down+$4,507
Rental cash flow+$12,000
10-year hold
+$59,433(337.0% ROI)
Projected value
$112,864
Return breakdown
Property appreciation+$24,695
Loan principal paid down+$10,738
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.44
1 BR
1.37
2 BR
1.25
3 BR
1.36
4 BR
1.45
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 15434 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 15434 (Elco, PA) is $1,260 a month. That is up 12.5% from $1,120 in FY 2026. Elco 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 68 ZIP codes in Washington County, 15434 is tied for the 29th-highest two-bedroom rent (county range $1,010–$2,080). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 15434 is 11% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 15434
BedroomsFY 2027Change90–110% range
Studio$980+14.0%$882–$1,078
1BR$1,040+11.8%$936–$1,144
2BR$1,260+12.5%$1,134–$1,386
3BR$1,610+12.6%$1,449–$1,771
4BR$1,750+13.6%$1,575–$1,925

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 15434
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$980$1,040$1,260$1,610$1,750
FY 2026$860$930$1,120$1,430$1,540
FY 2025$950$1,020$1,220$1,550$1,670
FY 2024$890$940$1,120$1,420$1,550
FY 2023$650$680$820$1,040$1,140

Two-bedroom rent in nearby Washington County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 15434
15379$1,410+11.9%
15412$1,120−11.1%
15417$1,010−19.8%
15419$1,120−11.1%
15423$1,210−4.0%
15427$1,190−5.6%
15429$1,010−19.8%
15432$1,340+6.3%
15434Current$1,260—
15438$1,010−19.8%
15477$1,160−7.9%
15483$1,010−19.8%

Questions about ZIP 15434 rents

How much will Section 8 pay for a two-bedroom in ZIP 15434?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,260, that basic range is $1,134 to $1,386 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 15434 in?

ZIP 15434 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 15434 for FY 2027?

The two-bedroom FMR rose 12.5%, from $1,120 in FY 2026 to $1,260 in FY 2027. Since FY 2023 it has risen 53.7%.

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

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