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Indiana County/Lucernemines/15754

15754

ZIPSAFMR
Indiana County, PA
Zillow

ZIP Investment Score

96Above average

095130300
BRFMR
Eff. Rent
0 BR$770$780
1 BR$900$660
2 BR$1,060$880
3 BR$1,460$1,100
4 BR$1,590$1,040
5 BR$1,828Not available
6 BR$2,103Not available
7 BR$2,418Not available
8 BR$2,781Not available

Purchase Price Calculator

Maximum purchase price
$68,851

Cost breakdown

+Likely effective rent$880
HUD FMR$1,060
Market rentUsed$880
Est. payment standard (90%)$950
-Principal and interest-$348
Loan amount$55,081
Down payment$13,770
Rate6.50%
Term30 years
-Operating costs-$332
Property taxes-$69
Insurance-$175
Utilities$0
HOA$0
Management-$88
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$14,467(105.1% ROI)
Projected value
$74,145
Return breakdown
Property appreciation+$5,294
Loan principal paid down+$1,973
Rental cash flow+$7,200
5-year hold
+$24,567(178.4% ROI)
Projected value
$77,899
Return breakdown
Property appreciation+$9,048
Loan principal paid down+$3,519
Rental cash flow+$12,000
10-year hold
+$51,670(375.2% ROI)
Projected value
$88,135
Return breakdown
Property appreciation+$19,284
Loan principal paid down+$8,385
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.97
1 BR
1.36
2 BR
1.20
3 BR
1.33
4 BR
1.53
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 15754 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 15754 (Lucernemines, PA) is $1,060 a month. That is up 6.0% from $1,000 in FY 2026. Lucernemines 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, 15754 is tied for the 17th-highest two-bedroom rent (county range $1,010–$1,380). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 15754 is 7% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 15754
BedroomsFY 2027Change90–110% range
Studio$770−1.3%$693–$847
1BR$900+3.4%$810–$990
2BR$1,060+6.0%$954–$1,166
3BR$1,460+8.1%$1,314–$1,606
4BR$1,590+3.9%$1,431–$1,749

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 15754
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$770$900$1,060$1,460$1,590
FY 2026$780$870$1,000$1,350$1,530
FY 2025$720$800$910$1,230$1,390
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. 15754
15745$1,0600.0%
15746$1,010−4.7%
15747$1,010−4.7%
15748$1,070+0.9%
15750$1,010−4.7%
15752$1,0600.0%
15754Current$1,060—
15756$1,310+23.6%
15757$1,130+6.6%
15758$1,010−4.7%
15759$1,010−4.7%
15761$1,010−4.7%

Questions about ZIP 15754 rents

How much will Section 8 pay for a two-bedroom in ZIP 15754?

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 $1,060 it would be $954 to $1,166. 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 15754 in?

ZIP 15754 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 15754 for FY 2027?

The two-bedroom FMR rose 6.0%, from $1,000 in FY 2026 to $1,060 in FY 2027. Since FY 2025 it has risen 16.5%.

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