FMR is below market; voucher rent may lag private rents.
0.58
1 BR
1 BR
0.69ratio
FMR$1,000
Market$1,440
vs market-$440
FMR is below market; voucher rent may lag private rents.
0.69
2 BR
2 BR
0.67ratio
FMR$1,180
Market$1,750
vs market-$570
FMR is below market; voucher rent may lag private rents.
0.67
3 BR
3 BR
0.72ratio
FMR$1,500
Market$2,070
vs market-$570
FMR is below market; voucher rent may lag private rents.
0.72
4 BR
4 BR
0.86ratio
FMR$1,970
Market$2,280
vs market-$310
FMR is below market; voucher rent may lag private rents.
0.86
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 18427 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 18427 (Hamlin, PA) is $1,180 a month. That is up 4.4% from $1,130 in FY 2026. Hamlin is in the Wayne 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 $1,184. Among 33 ZIP codes in Wayne County, 18427 is tied for the 18th-highest two-bedroom rent (county range $1,020–$2,110). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 18427 is 4% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 18427
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$820
$870
+6.1%
$783–$957
1BR
$930
$1,000
+7.5%
$900–$1,100
2BR
$1,130
$1,180
+4.4%
$1,062–$1,298
3BR
$1,410
$1,500
+6.4%
$1,350–$1,650
4BR
$1,900
$1,970
+3.7%
$1,773–$2,167
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 18427
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$870
$1,000
$1,180
$1,500
$1,970
FY 2026
$820
$930
$1,130
$1,410
$1,900
FY 2025
$800
$900
$1,090
$1,310
$1,830
FY 2024area FMR
$712
$850
$998
$1,218
$1,694
FY 2023area FMR
$698
$822
$979
$1,192
$1,373
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
How much will Section 8 pay for a two-bedroom in ZIP 18427?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,184, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,066 to $1,302 a month; under the ZIP-level Small Area FMR of $1,180 it would be $1,062 to $1,298. 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 18427 in?
ZIP 18427 is in the Wayne County, PA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,184.
How much did fair market rent change in ZIP 18427 for FY 2027?
The two-bedroom FMR rose 4.4%, from $1,130 in FY 2026 to $1,180 in FY 2027. Since FY 2025 it has risen 8.3%.
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