ZIP 16120 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 16120 in the Pittsburgh, PA FMR area.

Pittsburgh, PA

$710Efficiency

$7901 bedroom

$1,0102 bedrooms

$1,4003 bedrooms

$1,5504 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$710	$639	$781	$1,075
1 bedroom	$790	$711	$869	$1,146
2 bedrooms	$1,010	$909	$1,111	$1,389
3 bedrooms	$1,400	$1,260	$1,540	$1,773
4 bedrooms	$1,550	$1,395	$1,705	$1,925

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

Lawrence County, PA

$710Efficiency

$7901 bedroom

$1,0102 bedrooms

$1,4003 bedrooms

$1,5504 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$710	$639	$781	$763
1 bedroom	$790	$711	$869	$844
2 bedrooms	$1,010	$909	$1,111	$1,095
3 bedrooms	$1,400	$1,260	$1,540	$1,516
4 bedrooms	$1,550	$1,395	$1,705	$1,682

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

Income in ZIP 16120

$68,394average adjusted gross income per tax return (2022)

$48,462average salaries and wages per return

1,060tax returns filed

18%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	27.4%
$25,000 to $50,000	22.6%
$50,000 to $75,000	17.9%
$75,000 to $100,000	10.4%
$100,000 to $200,000	17.9%
$200,000 or more	3.8%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 9.4% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 16120?

HUD's FY2027 Small Area FMRs for ZIP 16120 (Pittsburgh, PA) are $710 efficiency, $790 one bedroom, $1,010 two bedrooms, $1,400 three and $1,550 four bedrooms.

What payment standard can a housing authority set in ZIP 16120?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $909 to $1,111.

How affordable is rent in ZIP 16120?

Tax returns filed from ZIP 16120 reported an average adjusted gross income of $68,394 (2022). A two-bedroom unit at the Small Area FMR costs $12,120 a year, or 18% of that income.