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Fayette County/Point Marion/15474

15474

ZIPSAFMR
Fayette County, PA
Zillow

ZIP Investment Score

195High yield potential

095130300
BRFMR
Eff. Rent
0 BR$950$1,050
1 BR$1,020$1,120
2 BR$1,230$1,350
3 BR$1,570$1,580
4 BR$1,700$1,760
5 BR$1,955Not available
6 BR$2,248Not available
7 BR$2,585Not available
8 BR$2,973Not available

Purchase Price Calculator

Maximum purchase price
$138,693

Cost breakdown

+Likely effective rent$1,350
HUD FMR$1,230
Market rent$1,440
Est. payment standard (110%)Used$1,350
-Principal and interest-$701
Loan amount$110,954
Down payment$27,739
Rate6.50%
Term30 years
-Operating costs-$449
Property taxes-$139
Insurance-$175
Utilities$0
HOA$0
Management-$135
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,839(78.7% ROI)
Projected value
$149,357
Return breakdown
Property appreciation+$10,664
Loan principal paid down+$3,975
Rental cash flow+$7,200
5-year hold
+$37,314(134.5% ROI)
Projected value
$156,918
Return breakdown
Property appreciation+$18,225
Loan principal paid down+$7,089
Rental cash flow+$12,000
10-year hold
+$79,737(287.5% ROI)
Projected value
$177,539
Return breakdown
Property appreciation+$38,846
Loan principal paid down+$16,892
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.63
1 BR
0.53
2 BR
0.85
3 BR
0.99
4 BR
0.95
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 15474 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 15474 (Point Marion, PA) is $1,230 a month. That is up 4.2% from $1,180 in FY 2026. Point Marion 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 Fayette County, 15474 is tied for the 14th-highest two-bedroom rent (county range $1,010–$1,730). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 15474 is 8% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 15474
BedroomsFY 2027Change90–110% range
Studio$950+4.4%$855–$1,045
1BR$1,020+4.1%$918–$1,122
2BR$1,230+4.2%$1,107–$1,353
3BR$1,570+4.0%$1,413–$1,727
4BR$1,700+4.3%$1,530–$1,870

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 15474
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$950$1,020$1,230$1,570$1,700
FY 2026$910$980$1,180$1,510$1,630
FY 2025$940$1,000$1,200$1,530$1,650
FY 2024$870$910$1,100$1,400$1,520
FY 2023$840$880$1,060$1,350$1,470

Two-bedroom rent in nearby Fayette County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 15474
15466$1,450+17.9%
15467$1,160−5.7%
15468$1,2300.0%
15469$1,150−6.5%
15470$1,200−2.4%
15472$1,060−13.8%
15473$1,020−17.1%
15474Current$1,230—
15475$1,240+0.8%
15476$1,080−12.2%
15478$1,120−8.9%
15480$1,210−1.6%

Questions about ZIP 15474 rents

How much will Section 8 pay for a two-bedroom in ZIP 15474?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,230, that basic range is $1,107 to $1,353 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 15474 in?

ZIP 15474 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 15474 for FY 2027?

The two-bedroom FMR rose 4.2%, from $1,180 in FY 2026 to $1,230 in FY 2027. Since FY 2023 it has risen 16.0%.

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