FY2027 Small Area FMR · Wattsburg, PA

ZIP 16442 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 16442 (Wattsburg, PA) is $1,430 a month, down 7.1% from FY2026. That is 31% above the Erie, PA area-wide FMR of $1,091.

2-bedroom SAFMR$1,430per month ▼ 7.1%

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

Rank in the area3rdof 43 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,287

2 BR Small Area FMR$1,430

110% of SAFMR$1,573

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

Studio$1,000▼ 5.7%

1 BR$1,130▼ 5.8%

2 BR$1,430▼ 7.1%

3 BR$1,770▼ 6.8%

4 BR$2,090▼ 2.3%

FY2027 FY2026

Where 16442 sits in the Erie, PA area

Of the 43 ZIP codes HUD lists for the area, 16442 has the 3rd 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 $1,430 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	$1,000	$900 – $1,100	$753	$1,060
1 bedroom	$1,130	$1,017 – $1,243	$851	$1,200
2 bedrooms	$1,430	$1,287 – $1,573	$1,091	$1,540
3 bedrooms	$1,770	$1,593 – $1,947	$1,350	$1,900
4 bedrooms	$2,090	$1,881 – $2,299	$1,564	$2,140

A household renting a two-bedroom home at the Small Area FMR of $1,430 needs about $57,200 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 16442 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
14724	Clymer	8.0 mi	$1,010
14736	Findley Lake	8.2 mi	$1,060
16510	Erie	8.2 mi	$1,100
16428	North East	9.2 mi	$1,100
16441	Waterford	9.8 mi	$1,220
16563	Erie	9.9 mi	$1,100

Questions

What is the Fair Market Rent for ZIP code 16442?

HUD's FY2027 Small Area Fair Market Rents for 16442 are $1,000 (studio), $1,130 (1 BR), $1,430 (2 BR), $1,770 (3 BR) and $2,090 (4 BR) a month.

What is the Section 8 payment standard in 16442?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 16442 that range is $1,287 to $1,573 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 16442?

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.