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15671

ZIPSAFMR
Westmoreland County, PA
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,050$940
1 BR$1,120$970
2 BR$1,360$1,020
3 BR$1,740$1,120
4 BR$1,880$1,140
5 BR$2,162Not available
6 BR$2,486Not available
7 BR$2,859Not available
8 BR$3,288Not available

Purchase Price Calculator

Maximum purchase price
$89,655

Cost breakdown

+Likely effective rent$1,020
HUD FMR$1,360
Market rentUsed$1,020
Est. payment standard (90%)$1,220
-Principal and interest-$453
Loan amount$71,724
Down payment$17,931
Rate6.50%
Term30 years
-Operating costs-$367
Property taxes-$90
Insurance-$175
Utilities$0
HOA$0
Management-$102
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$16,663(92.9% ROI)
Projected value
$96,549
Return breakdown
Property appreciation+$6,894
Loan principal paid down+$2,570
Rental cash flow+$7,200
5-year hold
+$28,364(158.2% ROI)
Projected value
$101,437
Return breakdown
Property appreciation+$11,781
Loan principal paid down+$4,582
Rental cash flow+$12,000
10-year hold
+$60,030(334.8% ROI)
Projected value
$114,766
Return breakdown
Property appreciation+$25,111
Loan principal paid down+$10,919
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.12
1 BR
1.15
2 BR
1.33
3 BR
1.55
4 BR
1.65
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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ZIP 15671 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 15671 (New Derry, PA) is $1,360 a month. That is up 7.1% from $1,270 in FY 2026. New Derry 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, 15671 has the 8th-highest two-bedroom rent (county range $1,010–$2,030). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 15671 is 20% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 15671
BedroomsFY 2027Change90–110% range
Studio$1,050+7.1%$945–$1,155
1BR$1,120+6.7%$1,008–$1,232
2BR$1,360+7.1%$1,224–$1,496
3BR$1,740+7.4%$1,566–$1,914
4BR$1,880+7.4%$1,692–$2,068

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 15671
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,050$1,120$1,360$1,740$1,880
FY 2026$980$1,050$1,270$1,620$1,750
FY 2025$760$820$970$1,260$1,370
FY 2024$740$780$930$1,180$1,280
FY 2023$710$740$890$1,130$1,230

Two-bedroom rent in nearby Westmoreland County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 15671
15664$1,170−14.0%
15665$1,280−5.9%
15666$1,080−20.6%
15668$1,710+25.7%
15670$1,150−15.4%
15671Current$1,360—
15672$1,320−2.9%
15674$1,080−20.6%
15675$1,250−8.1%
15676$1,190−12.5%
15677$1,150−15.4%
15678$1,340−1.5%

Questions about ZIP 15671 rents

How much will Section 8 pay for a two-bedroom in ZIP 15671?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,360, that basic range is $1,224 to $1,496 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 15671 in?

ZIP 15671 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 15671 for FY 2027?

The two-bedroom FMR rose 7.1%, from $1,270 in FY 2026 to $1,360 in FY 2027. Since FY 2023 it has risen 52.8%.

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