16684

ZIPSAFMR

Blair County, PA

ZIP Investment Score

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$740	$690	3.4%
1 BR	$880	$720	2.0%
2 BR	$1,050	$750	2.0%
3 BR	$1,350	$810	3.2%
4 BR	$1,560	$860	3.7%
5 BR	$1,794	Not available	3.7%
6 BR	$2,063	Not available	3.7%
7 BR	$2,373	Not available	3.7%
8 BR	$2,728	Not available	3.7%

Purchase Price Calculator

Maximum purchase price

$49,533

Cost breakdown

+Likely effective rent$750

HUD FMR$1,050

Market rentUsed$750

Est. payment standard (90%)$950

-Principal and interest-$250

Loan amount$39,627

Down payment$9,907

Rate6.50%

Term30 years

-Operating costs-$300

Property taxes-$50

Insurance-$175

Utilities$0

HOA$0

Management-$75

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$12,428(125.5% ROI)

Projected value

$53,342

Return breakdown

Property appreciation+$3,809

Loan principal paid down+$1,420

Rental cash flow+$7,200

5-year hold

+$21,041(212.4% ROI)

Projected value

$56,042

Return breakdown

Property appreciation+$6,509

Loan principal paid down+$2,532

Rental cash flow+$12,000

10-year hold

+$43,906(443.2% ROI)

Projected value

$63,407

Return breakdown

Property appreciation+$13,873

Loan principal paid down+$6,033

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

1.07ratio

FMR$740

Market$690

vs market+$50

FMR is near market; voucher and private rents are aligned.

1.07

1 BR

1.22ratio

FMR$880

Market$720

vs market+$160

FMR is above market; underwrite to market rent.

1.22

2 BR

1.40ratio

FMR$1,050

Market$750

vs market+$300

FMR is above market; underwrite to market rent.

1.40

3 BR

1.67ratio

FMR$1,350

Market$810

vs market+$540

FMR is above market; underwrite to market rent.

1.67

4 BR

1.81ratio

FMR$1,560

Market$860

vs market+$700

FMR is above market; underwrite to market rent.

1.81

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 16684 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 16684 (Tipton, PA) is $1,050 a month. That is unchanged from FY 2026. Tipton is in the Altoona, 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 $1,151. Among 24 ZIP codes in Blair County, 16684 has the 19th-highest two-bedroom rent (county range $1,010–$1,380). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 16684 is 8% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 16684
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$750	$740	−1.3%	$666–$814
1BR	$880	$880	0.0%	$792–$968
2BR	$1,050	$1,050	0.0%	$945–$1,155
3BR	$1,360	$1,350	−0.7%	$1,215–$1,485
4BR	$1,590	$1,560	−1.9%	$1,404–$1,716

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 16684
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$740	$880	$1,050	$1,350	$1,560
FY 2026	$750	$880	$1,050	$1,360	$1,590
FY 2025	$680	$810	$980	$1,230	$1,420
FY 2024	$670	$830	$990	$1,230	$1,400
FY 2023	$620	$760	$920	$1,120	$1,250

Two-bedroom rent in nearby Blair County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 16684
16636	$1,380	+31.4%
16637	$1,220	+16.2%
16641	$1,030	−1.9%
16648	$1,300	+23.8%
16655	$1,030	−1.9%
16662	$1,090	+3.8%
16665	$1,180	+12.4%
16673	$1,140	+8.6%
16682	$1,160	+10.5%
16684Current	$1,050	—
16686	$1,270	+21.0%
16693	$1,030	−1.9%

Questions about ZIP 16684 rents

How much will Section 8 pay for a two-bedroom in ZIP 16684?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,151, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,036 to $1,266 a month; under the ZIP-level Small Area FMR of $1,050 it would be $945 to $1,155. 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 16684 in?

ZIP 16684 is in the Altoona, PA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,151.

How much did fair market rent change in ZIP 16684 for FY 2027?

The two-bedroom FMR was unchanged at $1,050 in FY 2027. Since FY 2023 it has risen 14.1%.

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 rent Tipton, PA fair market rent PA statewide rents What is SAFMR?Data sources