ZIP 15216 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 15216 in the Pittsburgh, PA FMR area.

$1,090Efficiency
$1,1601 bedroom
$1,4102 bedrooms
$1,8003 bedrooms
$1,9504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,090$981$1,199$1,075
1 bedroom$1,160$1,044$1,276$1,146
2 bedrooms$1,410$1,269$1,551$1,389
3 bedrooms$1,800$1,620$1,980$1,773
4 bedrooms$1,950$1,755$2,145$1,925

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

Income in ZIP 15216

$80,567average adjusted gross income per tax return (2022)
$59,872average salaries and wages per return
11,620tax returns filed
21%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00024.2%
$25,000 to $50,00023.8%
$50,000 to $75,00017.6%
$75,000 to $100,00010.8%
$100,000 to $200,00017.0%
$200,000 or more6.5%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 9.9% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 15216?

HUD's FY2027 Small Area FMRs for ZIP 15216 (Pittsburgh, PA) are $1,090 efficiency, $1,160 one bedroom, $1,410 two bedrooms, $1,800 three and $1,950 four bedrooms.

What payment standard can a housing authority set in ZIP 15216?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,269 to $1,551.

How affordable is rent in ZIP 15216?

Tax returns filed from ZIP 15216 reported an average adjusted gross income of $80,567 (2022). A two-bedroom unit at the Small Area FMR costs $16,920 a year, or 21% of that income.