ZIP 15612 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 15612 in the Pittsburgh, PA FMR area.

$820Efficiency
$8701 bedroom
$1,0502 bedrooms
$1,3403 bedrooms
$1,4704 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$820$738$902$1,075
1 bedroom$870$783$957$1,146
2 bedrooms$1,050$945$1,155$1,389
3 bedrooms$1,340$1,206$1,474$1,773
4 bedrooms$1,470$1,323$1,617$1,925

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

Income in ZIP 15612

$53,363average adjusted gross income per tax return (2022)
$42,205average salaries and wages per return
190tax returns filed
24%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00026.3%
$25,000 to $50,00031.6%
$50,000 to $75,00015.8%
$75,000 to $100,00010.5%
$100,000 to $200,00015.8%
$200,000 or more0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 10.5% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 15612?

HUD's FY2027 Small Area FMRs for ZIP 15612 (Pittsburgh, PA) are $820 efficiency, $870 one bedroom, $1,050 two bedrooms, $1,340 three and $1,470 four bedrooms.

What payment standard can a housing authority set in ZIP 15612?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $945 to $1,155.

How affordable is rent in ZIP 15612?

Tax returns filed from ZIP 15612 reported an average adjusted gross income of $53,363 (2022). A two-bedroom unit at the Small Area FMR costs $12,600 a year, or 24% of that income.