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15734

ZIPSAFMR
Indiana County, PA
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$800$800
1 BR$940$940
2 BR$1,100$1,100
3 BR$1,520$1,520
4 BR$1,660$1,660
5 BR$1,909Not available
6 BR$2,195Not available
7 BR$2,525Not available
8 BR$2,903Not available

Purchase Price Calculator

Maximum purchase price
$101,543

Cost breakdown

+Likely effective rent$1,100
HUD FMRUsed$1,100
Market rentN/A
Est. payment standardN/A
-Principal and interest-$513
Loan amount$81,234
Down payment$20,309
Rate6.50%
Term30 years
-Operating costs-$387
Property taxes-$102
Insurance-$175
Utilities$0
HOA$0
Management-$110
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,918(88.2% ROI)
Projected value
$109,351
Return breakdown
Property appreciation+$7,808
Loan principal paid down+$2,910
Rental cash flow+$7,200
5-year hold
+$30,534(150.3% ROI)
Projected value
$114,887
Return breakdown
Property appreciation+$13,344
Loan principal paid down+$5,190
Rental cash flow+$12,000
10-year hold
+$64,808(319.1% ROI)
Projected value
$129,984
Return breakdown
Property appreciation+$28,441
Loan principal paid down+$12,367
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
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Mortgage rate
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ZIP 15734 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 15734 (Dixonville, PA) is $1,100 a month. That is up 4.8% from $1,050 in FY 2026. Dixonville is in the Indiana County, PA non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $1,014. Among 54 ZIP codes in Indiana County, 15734 has the 11th-highest two-bedroom rent (county range $1,010–$1,380). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 15734 is 3% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 15734
BedroomsFY 2027Change90–110% range
Studio$800−2.4%$720–$880
1BR$940+2.2%$846–$1,034
2BR$1,100+4.8%$990–$1,210
3BR$1,520+6.3%$1,368–$1,672
4BR$1,660+2.5%$1,494–$1,826

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 15734
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$800$940$1,100$1,520$1,660
FY 2026$820$920$1,050$1,430$1,620
FY 2025$770$850$970$1,310$1,490
FY 2024area FMR$627$741$859$1,136$1,243
FY 2023area FMR$612$706$831$1,073$1,125

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Two-bedroom rent in nearby Indiana County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 15734
15723$1,010−8.2%
15724$1,010−8.2%
15725$1,030−6.4%
15727$1,130+2.7%
15728$1,130+2.7%
15729$1,010−8.2%
15731$1,040−5.5%
15732$1,010−8.2%
15734Current$1,100—
15739$1,110+0.9%
15741$1,010−8.2%
15742$1,010−8.2%

Questions about ZIP 15734 rents

How much will Section 8 pay for a two-bedroom in ZIP 15734?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,014, which applies unless the housing authority uses Small Area FMRs, that basic range is $913 to $1,115 a month; under the ZIP-level Small Area FMR of $1,100 it would be $990 to $1,210. 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 15734 in?

ZIP 15734 is in the Indiana County, PA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,014.

How much did fair market rent change in ZIP 15734 for FY 2027?

The two-bedroom FMR rose 4.8%, from $1,050 in FY 2026 to $1,100 in FY 2027. Since FY 2025 it has risen 13.4%.

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