FY2027 Small Area FMR · Altoona, PA

ZIP 16602 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 16602 (Altoona, PA) is $1,120 a month, unchanged from FY2026. That is 3% below the Altoona, PA area-wide FMR of $1,151.

2-bedroom SAFMR$1,120per month ■ 0.0%

Area-wide 2 BR FMR$1,151Altoona, PA

Rank in the area16thof 23 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,008

2 BR Small Area FMR$1,120

110% of SAFMR$1,232

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

Studio$780▼ 1.3%

1 BR$930■ 0.0%

2 BR$1,120■ 0.0%

3 BR$1,440■ 0.0%

4 BR$1,660▼ 1.2%

FY2027 FY2026

Where 16602 sits in the Altoona, PA area

Of the 23 ZIP codes HUD lists for the area, 16602 has the 16th highest two-bedroom Small Area FMR. Altoona, 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 $1,151 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,120 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	$805	$790
1 bedroom	$930	$837 – $1,023	$959	$930
2 bedrooms	$1,120	$1,008 – $1,232	$1,151	$1,120
3 bedrooms	$1,440	$1,296 – $1,584	$1,477	$1,440
4 bedrooms	$1,660	$1,494 – $1,826	$1,708	$1,680

A household renting a two-bedroom home at the Small Area FMR of $1,120 needs about $44,800 a year to keep housing costs at 30% of income. The area median family income is $92,400 and the 80% low-income limit for four people is $73,700. ZIP code 16602 lies mainly in Blair County. See the Altoona, PA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
16601	Altoona	2.9 mi	$1,130
16648	Hollidaysburg	5.9 mi	$1,300
16641	Gallitzin	6.1 mi	$1,030
16617	Bellwood	7.0 mi	$1,150
16693	Williamsburg	8.2 mi	$1,030
16613	Ashville	8.9 mi	$1,180

Questions

What is the Fair Market Rent for ZIP code 16602?

HUD's FY2027 Small Area Fair Market Rents for 16602 are $780 (studio), $930 (1 BR), $1,120 (2 BR), $1,440 (3 BR) and $1,660 (4 BR) a month.

What is the Section 8 payment standard in 16602?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 16602 that range is $1,008 to $1,232 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 16602?

The FY2026 income limits of the Altoona, PA area apply: median family income $92,400, low-income (80%) limit $73,700 for a family of four.