ZIP 15437 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 15437 in the Pittsburgh, PA FMR area.

$1,000Efficiency
$1,0601 bedroom
$1,2902 bedrooms
$1,6503 bedrooms
$1,7904 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,000$900$1,100$1,075
1 bedroom$1,060$954$1,166$1,146
2 bedrooms$1,290$1,161$1,419$1,389
3 bedrooms$1,650$1,485$1,815$1,773
4 bedrooms$1,790$1,611$1,969$1,925

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

Income in ZIP 15437

$74,651average adjusted gross income per tax return (2022)
$41,352average salaries and wages per return
1,220tax returns filed
21%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00036.9%
$25,000 to $50,00023.8%
$50,000 to $75,00013.9%
$75,000 to $100,0009.0%
$100,000 to $200,00012.3%
$200,000 or more4.1%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 9.0% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 15437?

HUD's FY2027 Small Area FMRs for ZIP 15437 (Pittsburgh, PA) are $1,000 efficiency, $1,060 one bedroom, $1,290 two bedrooms, $1,650 three and $1,790 four bedrooms.

What payment standard can a housing authority set in ZIP 15437?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,161 to $1,419.

How affordable is rent in ZIP 15437?

Tax returns filed from ZIP 15437 reported an average adjusted gross income of $74,651 (2022). A two-bedroom unit at the Small Area FMR costs $15,480 a year, or 21% of that income.