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16155

ZIPSAFMR
Lawrence County, PA
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,020$860
1 BR$1,120$880
2 BR$1,460$1,020
3 BR$2,020$1,130
4 BR$2,240$1,250
5 BR$2,576Not available
6 BR$2,962Not available
7 BR$3,407Not available
8 BR$3,918Not available

Purchase Price Calculator

Maximum purchase price
$89,655

Cost breakdown

+Likely effective rent$1,020
HUD FMR$1,460
Market rentUsed$1,020
Est. payment standard (90%)$1,310
-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
1.19
1 BR
1.27
2 BR
1.43
3 BR
1.79
4 BR
1.79
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 16155 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 16155 (Villa Maria, PA) is $1,460 a month. That is up 12.3% from $1,300 in FY 2026. Villa Maria is in the Lawrence County, PA HUD Metro 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 metro-wide two-bedroom FMR of $1,095. Among 23 ZIP codes in Lawrence County, 16155 has the highest two-bedroom rent (county range $1,010–$1,460). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 16155 is 29% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 16155
BedroomsFY 2027Change90–110% range
Studio$1,020+13.3%$918–$1,122
1BR$1,120+13.1%$1,008–$1,232
2BR$1,460+12.3%$1,314–$1,606
3BR$2,020+11.6%$1,818–$2,222
4BR$2,240+9.3%$2,016–$2,464

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 16155
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,020$1,120$1,460$2,020$2,240
FY 2026$900$990$1,300$1,810$2,050
FY 2025$800$880$1,160$1,630$1,850
FY 2024area FMR$590$663$871$1,208$1,386
FY 2023area FMR$562$638$840$1,109$1,320

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

Two-bedroom rent in nearby Lawrence County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 16155
16127$1,050−28.1%
16132$1,070−26.7%
16140$1,010−30.8%
16141$1,010−30.8%
16142$1,010−30.8%
16143$1,010−30.8%
16155Current$1,460—
16156$1,240−15.1%
16157$1,010−30.8%
16159$1,010−30.8%
16160$1,010−30.8%
16172$1,010−30.8%

Questions about ZIP 16155 rents

How much will Section 8 pay for a two-bedroom in ZIP 16155?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,095, which applies unless the housing authority uses Small Area FMRs, that basic range is $986 to $1,205 a month; under the ZIP-level Small Area FMR of $1,460 it would be $1,314 to $1,606. 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 16155 in?

ZIP 16155 is in the Lawrence County, PA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,095.

How much did fair market rent change in ZIP 16155 for FY 2027?

The two-bedroom FMR rose 12.3%, from $1,300 in FY 2026 to $1,460 in FY 2027. Since FY 2025 it has risen 25.9%.

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