16803
ZIPSAFMR
Centre County, PA
BRFMR
Eff. Rent
0 BR$1,330$1,000
1 BR$1,340$1,230
2 BR$1,580$1,740
3 BR$1,980$2,090
4 BR$2,090$2,300
5 BR$2,404
6 BR$2,764
7 BR$3,179
8 BR$3,655

Purchase Price Calculator

Maximum purchase price
$196,647

Cost breakdown

+Likely effective rent$1,740
HUD FMR$1,580
Market rent$1,960
Est. payment standard (110%)Used$1,740
Estimated payment standard is $1,740 (110% of FMR).
-Principal and interest-$994
Loan amount$157,317
Down payment$39,329
Rate6.50%
Term30 years
-Operating costs-$546
Property taxes-$197
Insurance-$175
Utilities$0
HOA$0
Management-$174
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,957(71.1% ROI)
Projected value
$211,767
Current value$196,647
Return breakdown
Property appreciation+$15,120
Loan principal paid down+$5,636
Rental cash flow+$7,200
5-year hold
+$47,892(121.8% ROI)
Projected value
$222,488
Current value$196,647
Return breakdown
Property appreciation+$25,841
Loan principal paid down+$10,051
Rental cash flow+$12,000
10-year hold
+$103,028(262.0% ROI)
Projected value
$251,725
Current value$196,647
Return breakdown
Property appreciation+$55,078
Loan principal paid down+$23,950
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
1.33ratio
FMR$1,330
Market$1,000
vs market+$330

FMR is above market; underwrite to market rent.

90% standard$1,197 / 1.20 ratio110% standard$1,463 / 1.46 ratio
1.33
1 BR
1 BR
1.09ratio
FMR$1,340
Market$1,230
vs market+$110

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

90% standard$1,206 / 0.98 ratio110% standard$1,474 / 1.20 ratio
1.09
2 BR
2 BR
0.81ratio
FMR$1,580
Market$1,960
vs market-$380

FMR is below market; voucher rent may lag private rents.

90% standard$1,422 / 0.73 ratio110% standard$1,738 / 0.89 ratio
0.81
3 BR
3 BR
0.92ratio
FMR$1,980
Market$2,150
vs market-$170

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

90% standard$1,782 / 0.83 ratio110% standard$2,178 / 1.01 ratio
0.92
4 BR
4 BR
0.78ratio
FMR$2,090
Market$2,670
vs market-$580

FMR is below market; voucher rent may lag private rents.

90% standard$1,881 / 0.70 ratio110% standard$2,299 / 0.86 ratio
0.78
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 16803 (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.

16803 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 16803 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,580 and the 4 bedroom fair market rent is $2,090.

Use this page for searches like 16803 FMR, 16803 fair market rent, and 16803 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 16803
Bedroom sizeHUD FMR
Studio$1,330
1 bedroom$1,340
2 bedroom$1,580
3 bedroom$1,980
4 bedroom$2,090