ZIP 15632 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 15632 in the Pittsburgh, PA FMR area.

$1,240Efficiency
$1,3201 bedroom
$1,6002 bedrooms
$2,0403 bedrooms
$2,2204 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,240$1,116$1,364$1,075
1 bedroom$1,320$1,188$1,452$1,146
2 bedrooms$1,600$1,440$1,760$1,389
3 bedrooms$2,040$1,836$2,244$1,773
4 bedrooms$2,220$1,998$2,442$1,925

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

Income in ZIP 15632

$123,238average adjusted gross income per tax return (2022)
$72,913average salaries and wages per return
4,960tax returns filed
16%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00024.4%
$25,000 to $50,00018.3%
$50,000 to $75,00013.1%
$75,000 to $100,0009.3%
$100,000 to $200,00021.2%
$200,000 or more13.7%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 7.5% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 15632?

HUD's FY2027 Small Area FMRs for ZIP 15632 (Pittsburgh, PA) are $1,240 efficiency, $1,320 one bedroom, $1,600 two bedrooms, $2,040 three and $2,220 four bedrooms.

What payment standard can a housing authority set in ZIP 15632?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,440 to $1,760.

How affordable is rent in ZIP 15632?

Tax returns filed from ZIP 15632 reported an average adjusted gross income of $123,238 (2022). A two-bedroom unit at the Small Area FMR costs $19,200 a year, or 16% of that income.