16503
ZIPSAFMR
Erie County, PA
BRFMR
Eff. Rent
0 BR$780$780
1 BR$880$880
2 BR$1,130$970
3 BR$1,400$1,210
4 BR$1,570$1,190
5 BR$1,805
6 BR$2,076
7 BR$2,388
8 BR$2,746

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
0.92ratio
FMR$780
Market$850
vs market-$70

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.92
1 BR
1 BR
1.00ratio
FMR$880
Market$880
vs market+$0

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.00
2 BR
2 BR
1.16ratio
FMR$1,130
Market$970
vs market+$160

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.16
3 BR
3 BR
1.16ratio
FMR$1,400
Market$1,210
vs market+$190

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.16
4 BR
4 BR
1.32ratio
FMR$1,570
Market$1,190
vs market+$380

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.32
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$106,001
Rent
$1,130
Down payment
$21,200
Loan
$84,801
Mortgage
$536
Expenses
$394
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 16503 (PA) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.