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Westmoreland County/Slickville/15684

15684

ZIPSAFMR
Westmoreland County, PA
Zillow

ZIP Investment Score

89Below average

095130300
BRFMR
Eff. Rent
0 BR$950$950
1 BR$1,050$1,050
2 BR$1,250$1,250
3 BR$1,640$1,640
4 BR$1,790$1,790
5 BR$2,059Not available
6 BR$2,367Not available
7 BR$2,722Not available
8 BR$3,131Not available

Purchase Price Calculator

Maximum purchase price
$123,833

Cost breakdown

+Likely effective rent$1,250
HUD FMRUsed$1,250
Market rentN/A
Est. payment standardN/A
-Principal and interest-$626
Loan amount$99,066
Down payment$24,767
Rate6.50%
Term30 years
-Operating costs-$424
Property taxes-$124
Insurance-$175
Utilities$0
HOA$0
Management-$125
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,271(81.8% ROI)
Projected value
$133,355
Return breakdown
Property appreciation+$9,522
Loan principal paid down+$3,549
Rental cash flow+$7,200
5-year hold
+$34,602(139.7% ROI)
Projected value
$140,106
Return breakdown
Property appreciation+$16,273
Loan principal paid down+$6,329
Rental cash flow+$12,000
10-year hold
+$73,765(297.8% ROI)
Projected value
$158,517
Return breakdown
Property appreciation+$34,684
Loan principal paid down+$15,082
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
--
Mortgage rate
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ZIP 15684 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 15684 (Slickville, PA) is $1,250 a month. That is down 2.3% from $1,280 in FY 2026. Slickville 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, 15684 is tied for the 25th-highest two-bedroom rent (county range $1,010–$2,030). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 15684 is 10% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 15684
BedroomsFY 2027Change90–110% range
Studio$950−4.0%$855–$1,045
1BR$1,050−2.8%$945–$1,155
2BR$1,250−2.3%$1,125–$1,375
3BR$1,640−2.4%$1,476–$1,804
4BR$1,790−3.8%$1,611–$1,969

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 15684
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$950$1,050$1,250$1,640$1,790
FY 2026$990$1,080$1,280$1,680$1,860
FY 2025$920$1,000$1,180$1,530$1,680
FY 2024$850$890$1,070$1,370$1,480
FY 2023$790$830$990$1,270$1,380

Two-bedroom rent in nearby Westmoreland County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 15684
15677$1,150−8.0%
15678$1,340+7.2%
15679$1,210−3.2%
15680$1,010−19.2%
15681$1,230−1.6%
15683$1,010−19.2%
15684Current$1,250—
15685$1,170−6.4%
15687$1,150−8.0%
15688$1,200−4.0%
15689$1,2500.0%
15690$1,040−16.8%

Questions about ZIP 15684 rents

How much will Section 8 pay for a two-bedroom in ZIP 15684?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,250, that basic range is $1,125 to $1,375 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 15684 in?

ZIP 15684 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 15684 for FY 2027?

The two-bedroom FMR fell 2.3%, from $1,280 in FY 2026 to $1,250 in FY 2027. Since FY 2023 it has risen 26.3%.

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

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