ZIP 15206 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 15206 in the Pittsburgh, PA FMR area.

$1,390Efficiency
$1,4801 bedroom
$1,7902 bedrooms
$2,2803 bedrooms
$2,4804 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,390$1,251$1,529$1,075
1 bedroom$1,480$1,332$1,628$1,146
2 bedrooms$1,790$1,611$1,969$1,389
3 bedrooms$2,280$2,052$2,508$1,773
4 bedrooms$2,480$2,232$2,728$1,925

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

Income in ZIP 15206

$92,324average adjusted gross income per tax return (2022)
$68,268average salaries and wages per return
13,730tax returns filed
23%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00025.4%
$25,000 to $50,00026.0%
$50,000 to $75,00015.8%
$75,000 to $100,0009.0%
$100,000 to $200,00014.1%
$200,000 or more9.7%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 13.4% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 15206?

HUD's FY2027 Small Area FMRs for ZIP 15206 (Pittsburgh, PA) are $1,390 efficiency, $1,480 one bedroom, $1,790 two bedrooms, $2,280 three and $2,480 four bedrooms.

What payment standard can a housing authority set in ZIP 15206?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,611 to $1,969.

How affordable is rent in ZIP 15206?

Tax returns filed from ZIP 15206 reported an average adjusted gross income of $92,324 (2022). A two-bedroom unit at the Small Area FMR costs $21,480 a year, or 23% of that income.