ZIP 15531 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 15531 in the Pittsburgh, PA FMR area.

Pittsburgh, PA

$860Efficiency
$9801 bedroom
$1,1702 bedrooms
$1,5503 bedrooms
$1,8004 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$860$774$946$1,075
1 bedroom$980$882$1,078$1,146
2 bedrooms$1,170$1,053$1,287$1,389
3 bedrooms$1,550$1,395$1,705$1,773
4 bedrooms$1,800$1,620$1,980$1,925

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

Somerset County, PA

$860Efficiency
$9801 bedroom
$1,1702 bedrooms
$1,5503 bedrooms
$1,8004 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$860$774$946$749
1 bedroom$980$882$1,078$848
2 bedrooms$1,170$1,053$1,287$1,014
3 bedrooms$1,550$1,395$1,705$1,343
4 bedrooms$1,800$1,620$1,980$1,559

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

Income in ZIP 15531

$57,638average adjusted gross income per tax return (2022)
$40,510average salaries and wages per return
1,700tax returns filed
24%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00031.8%
$25,000 to $50,00028.2%
$50,000 to $75,00014.7%
$75,000 to $100,0009.4%
$100,000 to $200,00013.5%
$200,000 or more2.4%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 12.4% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 15531?

HUD's FY2027 Small Area FMRs for ZIP 15531 (Pittsburgh, PA) are $860 efficiency, $980 one bedroom, $1,170 two bedrooms, $1,550 three and $1,800 four bedrooms.

What payment standard can a housing authority set in ZIP 15531?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,053 to $1,287.

How affordable is rent in ZIP 15531?

Tax returns filed from ZIP 15531 reported an average adjusted gross income of $57,638 (2022). A two-bedroom unit at the Small Area FMR costs $14,040 a year, or 24% of that income.