FMR is below market; voucher rent may lag private rents.
0.72
1 BR
1 BR
0.77ratio
FMR$1,070
Market$1,390
vs market-$320
FMR is below market; voucher rent may lag private rents.
0.77
2 BR
2 BR
0.94ratio
FMR$1,350
Market$1,440
vs market-$90
FMR is near market; voucher and private rents are aligned.
0.94
3 BR
3 BR
1.12ratio
FMR$1,740
Market$1,560
vs market+$180
FMR is above market; underwrite to market rent.
1.12
4 BR
4 BR
1.12ratio
FMR$1,890
Market$1,690
vs market+$200
FMR is above market; underwrite to market rent.
1.12
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
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ZIP 17085 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 17085 (Rexmont, PA) is $1,350 a month. That is down 4.3% from $1,410 in FY 2026. Rexmont is in the Lebanon, 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 $1,353. Among 24 ZIP codes in Lebanon County, 17085 is tied for the 18th-highest two-bedroom rent (county range $1,270–$2,030). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 17085 is 19% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 17085
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,030
$990
−3.9%
$891–$1,089
1BR
$1,110
$1,070
−3.6%
$963–$1,177
2BR
$1,410
$1,350
−4.3%
$1,215–$1,485
3BR
$1,800
$1,740
−3.3%
$1,566–$1,914
4BR
$1,960
$1,890
−3.6%
$1,701–$2,079
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 17085
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$990
$1,070
$1,350
$1,740
$1,890
FY 2026
$1,030
$1,110
$1,410
$1,800
$1,960
FY 2025
$920
$1,000
$1,270
$1,610
$1,720
FY 2024
$900
$960
$1,230
$1,550
$1,640
FY 2023
$790
$840
$1,090
$1,380
$1,460
Two-bedroom rent in nearby Lebanon County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 17085?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,353, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,218 to $1,488 a month; under the ZIP-level Small Area FMR of $1,350 it would be $1,215 to $1,485. 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 17085 in?
ZIP 17085 is in the Lebanon, PA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,353.
How much did fair market rent change in ZIP 17085 for FY 2027?
The two-bedroom FMR fell 4.3%, from $1,410 in FY 2026 to $1,350 in FY 2027. Since FY 2023 it has risen 23.9%.
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