FMR is below market; voucher rent may lag private rents.
0.84
1 BR
1 BR
0.99ratio
FMR$1,050
Market$1,060
vs market-$10
FMR is near market; voucher and private rents are aligned.
0.99
2 BR
2 BR
1.13ratio
FMR$1,270
Market$1,120
vs market+$150
FMR is above market; underwrite to market rent.
1.13
3 BR
3 BR
1.13ratio
FMR$1,620
Market$1,430
vs market+$190
FMR is above market; underwrite to market rent.
1.13
4 BR
4 BR
1.11ratio
FMR$1,760
Market$1,590
vs market+$170
FMR is above market; underwrite to market rent.
1.11
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
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ZIP 15633 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 15633 (Forbes Road, PA) is $1,270 a month. That is up 8.5% from $1,170 in FY 2026. Forbes Road 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 95 ZIP codes in Westmoreland County, 15633 is tied for the 19th-highest two-bedroom rent (county range $1,010–$2,030). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 15633 is 12% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 15633
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$900
$980
+8.9%
$882–$1,078
1BR
$970
$1,050
+8.2%
$945–$1,155
2BR
$1,170
$1,270
+8.5%
$1,143–$1,397
3BR
$1,500
$1,620
+8.0%
$1,458–$1,782
4BR
$1,610
$1,760
+9.3%
$1,584–$1,936
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 15633
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$980
$1,050
$1,270
$1,620
$1,760
FY 2026
$900
$970
$1,170
$1,500
$1,610
FY 2025
$970
$1,030
$1,240
$1,580
$1,700
FY 2024
$880
$930
$1,120
$1,420
$1,550
FY 2023
$830
$870
$1,050
$1,340
$1,460
Two-bedroom rent in nearby Westmoreland County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 15633?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,270, that basic range is $1,143 to $1,397 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 15633 in?
ZIP 15633 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 15633 for FY 2027?
The two-bedroom FMR rose 8.5%, from $1,170 in FY 2026 to $1,270 in FY 2027. Since FY 2023 it has risen 21.0%.
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