16506
ZIPSAFMR
Erie County, PA
BRFMR
Eff. Rent
0 BR$1,060$930
1 BR$1,200$1,110
2 BR$1,540$1,310
3 BR$1,900$1,680
4 BR$2,140$1,880
5 BR$2,461
6 BR$2,830
7 BR$3,255
8 BR$3,743

Market Alignment

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

Studio
Studio
1.14ratio
FMR$1,060
Market$930
vs market+$130

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

1.14
1 BR
1 BR
1.08ratio
FMR$1,200
Market$1,110
vs market+$90

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

1.08
2 BR
2 BR
1.18ratio
FMR$1,540
Market$1,310
vs market+$230

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

1.18
3 BR
3 BR
1.13ratio
FMR$1,900
Market$1,680
vs market+$220

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

1.13
4 BR
4 BR
1.14ratio
FMR$2,140
Market$1,880
vs market+$260

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

1.14
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
$166,927
Rent
$1,540
Down payment
$33,385
Loan
$133,542
Mortgage
$844
Expenses
$496
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 16506 (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.