ZIP 15203 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 15203 in the Pittsburgh, PA FMR area.

$1,500Efficiency
$1,6001 bedroom
$1,9402 bedrooms
$2,4803 bedrooms
$2,6904 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,500$1,350$1,650$1,075
1 bedroom$1,600$1,440$1,760$1,146
2 bedrooms$1,940$1,746$2,134$1,389
3 bedrooms$2,480$2,232$2,728$1,773
4 bedrooms$2,690$2,421$2,959$1,925

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 15203

$77,372average adjusted gross income per tax return (2022)
$62,575average salaries and wages per return
5,390tax returns filed
30%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00023.9%
$25,000 to $50,00026.5%
$50,000 to $75,00018.6%
$75,000 to $100,00011.3%
$100,000 to $200,00013.5%
$200,000 or more6.1%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 7.6% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 15203?

HUD's FY2027 Small Area FMRs for ZIP 15203 (Pittsburgh, PA) are $1,500 efficiency, $1,600 one bedroom, $1,940 two bedrooms, $2,480 three and $2,690 four bedrooms.

What payment standard can a housing authority set in ZIP 15203?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,746 to $2,134.

How affordable is rent in ZIP 15203?

Tax returns filed from ZIP 15203 reported an average adjusted gross income of $77,372 (2022). A two-bedroom unit at the Small Area FMR costs $23,280 a year, or 30% of that income.