FMR is below market; voucher rent may lag private rents.
0.87
2 BR
2 BR
1.05ratio
FMR$1,010
Market$960
vs market+$50
FMR is near market; voucher and private rents are aligned.
1.05
3 BR
3 BR
1.35ratio
FMR$1,340
Market$990
vs market+$350
FMR is above market; underwrite to market rent.
1.35
4 BR
4 BR
1.26ratio
FMR$1,340
Market$1,060
vs market+$280
FMR is above market; underwrite to market rent.
1.26
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
ZIP 16681 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 16681 (Smokerun, PA) is $1,010 a month. That is up 3.1% from $980 in FY 2026. Smokerun is in the Clearfield 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 59 ZIP codes in Clearfield County, 16681 is tied for the 30th-highest two-bedroom rent (county range $1,010–$1,470). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 16681 is 11% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 16681
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$720
$730
+1.4%
$657–$803
1BR
$780
$800
+2.6%
$720–$880
2BR
$980
$1,010
+3.1%
$909–$1,111
3BR
$1,300
$1,340
+3.1%
$1,206–$1,474
4BR
$1,300
$1,340
+3.1%
$1,206–$1,474
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 16681
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$730
$800
$1,010
$1,340
$1,340
FY 2026
$720
$780
$980
$1,300
$1,300
FY 2025
$680
$730
$910
$1,250
$1,250
FY 2024area FMR
$614
$681
$845
$1,150
$1,190
FY 2023area FMR
$589
$662
$821
$1,092
$1,220
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Two-bedroom rent in nearby Clearfield County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 16681?
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 $1,010 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 16681 in?
ZIP 16681 is in the Clearfield 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 16681 for FY 2027?
The two-bedroom FMR rose 3.1%, from $980 in FY 2026 to $1,010 in FY 2027. Since FY 2025 it has risen 11.0%.
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