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Cambria County/Johnstown/15902

15902

ZIPSAFMR
Cambria County, PA
Zillow

ZIP Investment Score

113Above average

095130300
BRFMR
Eff. Rent
0 BR$830$710
1 BR$840$780
2 BR$1,010$870
3 BR$1,410$960
4 BR$1,440$1,090
5 BR$1,656Not available
6 BR$1,904Not available
7 BR$2,190Not available
8 BR$2,519Not available

Purchase Price Calculator

Maximum purchase price
$67,365

Cost breakdown

+Likely effective rent$870
HUD FMR$1,010
Market rentUsed$870
Est. payment standard (91%)$920
-Principal and interest-$341
Loan amount$53,892
Down payment$13,473
Rate6.50%
Term30 years
-Operating costs-$329
Property taxes-$67
Insurance-$175
Utilities$0
HOA$0
Management-$87
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$14,311(106.2% ROI)
Projected value
$72,545
Return breakdown
Property appreciation+$5,180
Loan principal paid down+$1,931
Rental cash flow+$7,200
5-year hold
+$24,296(180.3% ROI)
Projected value
$76,217
Return breakdown
Property appreciation+$8,852
Loan principal paid down+$3,443
Rental cash flow+$12,000
10-year hold
+$51,072(379.1% ROI)
Projected value
$86,233
Return breakdown
Property appreciation+$18,868
Loan principal paid down+$8,204
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.17
1 BR
1.08
2 BR
1.16
3 BR
1.47
4 BR
1.32
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 15902 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 15902 (Johnstown, PA) is $1,010 a month. That is down 1.0% from $1,020 in FY 2026. Johnstown is in the Johnstown, PA MSA. 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 metro-wide two-bedroom FMR of $1,014. Among 58 ZIP codes in Cambria County, 15902 is tied for the 34th-highest two-bedroom rent (county range $1,010–$1,520). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 15902 is 11% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 15902
BedroomsFY 2027Change90–110% range
Studio$8300.0%$747–$913
1BR$840+1.2%$756–$924
2BR$1,010−1.0%$909–$1,111
3BR$1,4100.0%$1,269–$1,551
4BR$1,440−1.4%$1,296–$1,584

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 15902
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$830$840$1,010$1,410$1,440
FY 2026$830$830$1,020$1,410$1,460
FY 2025$730$730$910$1,230$1,340
FY 2024$660$670$850$1,110$1,250
FY 2023$640$640$820$1,050$1,200

Two-bedroom rent in nearby Cambria County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 15902
15901$1,0100.0%
15902Current$1,010—
15904$1,120+10.9%
15905$1,110+9.9%
15906$1,0100.0%
15907$1,0100.0%
15909$1,030+2.0%
15915$1,0100.0%
15921$1,020+1.0%
15922$1,050+4.0%
15925$1,030+2.0%
15927$1,050+4.0%

Questions about ZIP 15902 rents

How much will Section 8 pay for a two-bedroom in ZIP 15902?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-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 $1,010 it would be $909 to $1,111. 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 15902 in?

ZIP 15902 is in the Johnstown, PA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,014.

How much did fair market rent change in ZIP 15902 for FY 2027?

The two-bedroom FMR fell 1.0%, from $1,020 in FY 2026 to $1,010 in FY 2027. Since FY 2023 it has risen 23.2%.

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