FY2027 Small Area FMR · Mc Kean, PA

ZIP 16426 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 16426 (Mc Kean, PA) is $1,130 a month, down 9.6% from FY2026. That is 4% above the Erie, PA area-wide FMR of $1,091.

2-bedroom SAFMR$1,130per month ▼ 9.6%

Area-wide 2 BR FMR$1,091Erie, PA

Rank in the area13thof 43 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,017

2 BR Small Area FMR$1,130

110% of SAFMR$1,243

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$780▼ 9.3%

1 BR$880▼ 9.3%

2 BR$1,130▼ 9.6%

3 BR$1,400▼ 9.7%

4 BR$1,610▼ 7.5%

FY2027 FY2026

Where 16426 sits in the Erie, PA area

Of the 43 ZIP codes HUD lists for the area, 16426 has the 13th highest two-bedroom Small Area FMR. Erie, PA is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,091 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,130 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$780	$702 – $858	$753	$860
1 bedroom	$880	$792 – $968	$851	$970
2 bedrooms	$1,130	$1,017 – $1,243	$1,091	$1,250
3 bedrooms	$1,400	$1,260 – $1,540	$1,350	$1,550
4 bedrooms	$1,610	$1,449 – $1,771	$1,564	$1,740

A household renting a two-bedroom home at the Small Area FMR of $1,130 needs about $45,200 a year to keep housing costs at 30% of income. The area median family income is $88,600 and the 80% low-income limit for four people is $70,900. ZIP code 16426 lies mainly in Erie County. See the Erie, PA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
16506	Erie	5.8 mi	$1,410
16415	Fairview	6.1 mi	$1,570
16412	Edinboro	6.7 mi	$1,100
16444	Edinboro	7.5 mi	$1,100
16509	Erie	7.7 mi	$1,270
16441	Waterford	8.3 mi	$1,220

Questions

What is the Fair Market Rent for ZIP code 16426?

HUD's FY2027 Small Area Fair Market Rents for 16426 are $780 (studio), $880 (1 BR), $1,130 (2 BR), $1,400 (3 BR) and $1,610 (4 BR) a month.

What is the Section 8 payment standard in 16426?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 16426 that range is $1,017 to $1,243 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 16426?

The FY2026 income limits of the Erie, PA area apply: median family income $88,600, low-income (80%) limit $70,900 for a family of four.