FMR is below market; voucher rent may lag private rents.
0.84
1 BR
1 BR
0.87ratio
FMR$910
Market$1,050
vs market-$140
FMR is below market; voucher rent may lag private rents.
0.87
2 BR
2 BR
1.03ratio
FMR$1,100
Market$1,070
vs market+$30
FMR is near market; voucher and private rents are aligned.
1.03
4 BR
4 BR
1.35ratio
FMR$1,530
Market$1,130
vs market+$400
FMR is above market; underwrite to market rent.
1.35
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
ZIP 15492 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 15492 (Wickhaven, PA) is $1,100 a month. That is up 5.8% from $1,040 in FY 2026. Wickhaven 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, 15492 is tied for the 36th-highest two-bedroom rent (county range $1,010–$1,730). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 15492 is 3% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 15492
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$800
$850
+6.3%
$765–$935
1BR
$860
$910
+5.8%
$819–$1,001
2BR
$1,040
$1,100
+5.8%
$990–$1,210
3BR
$1,320
$1,410
+6.8%
$1,269–$1,551
4BR
$1,430
$1,530
+7.0%
$1,377–$1,683
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 15492
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$850
$910
$1,100
$1,410
$1,530
FY 2026
$800
$860
$1,040
$1,320
$1,430
FY 2025
$810
$860
$1,030
$1,320
$1,420
FY 2024
$750
$790
$950
$1,210
$1,320
FY 2023
$730
$760
$930
$1,180
$1,290
Two-bedroom rent in nearby Fayette County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 15492?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,100, that basic range is $990 to $1,210 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 15492 in?
ZIP 15492 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 15492 for FY 2027?
The two-bedroom FMR rose 5.8%, from $1,040 in FY 2026 to $1,100 in FY 2027. Since FY 2023 it has risen 18.3%.
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