FY2027 Small Area FMR · James City, PA

ZIP 16734 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 16734 (James City, PA) is $1,330 a month, up 37.1% from FY2026. That is 31% above the Elk County, PA area-wide FMR of $1,014.

2-bedroom SAFMR$1,330per month ▲ 37.1%

Area-wide 2 BR FMR$1,014Elk County, PA

Rank in the area3rdof 18 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,197

2 BR Small Area FMR$1,330

110% of SAFMR$1,463

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

Studio$980▲ 38.0%

1 BR$1,150▲ 38.6%

2 BR$1,330▲ 37.1%

3 BR$1,740▲ 42.6%

4 BR$1,750▲ 21.5%

FY2027 FY2026

Where 16734 sits in the Elk County, PA area

Of the 18 ZIP codes HUD lists for the area, 16734 has the 3rd highest two-bedroom Small Area FMR. Elk County, 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 $1,014 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,330 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	$980	$882 – $1,078	$749	$710
1 bedroom	$1,150	$1,035 – $1,265	$879	$830
2 bedrooms	$1,330	$1,197 – $1,463	$1,014	$970
3 bedrooms	$1,740	$1,566 – $1,914	$1,328	$1,220
4 bedrooms	$1,750	$1,575 – $1,925	$1,333	$1,440

A household renting a two-bedroom home at the Small Area FMR of $1,330 needs about $53,200 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 16734 lies mainly in Elk County. See the Elk County, PA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
16735	Kane	1.9 mi	$1,010
16333	Ludlow	7.6 mi	$1,010
15845	Johnsonburg	11.5 mi	$1,010
16740	Mount Jewett	11.8 mi	$1,010
16347	Sheffield	12.2 mi	$1,020
15870	Wilcox	14.2 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 16734?

HUD's FY2027 Small Area Fair Market Rents for 16734 are $980 (studio), $1,150 (1 BR), $1,330 (2 BR), $1,740 (3 BR) and $1,750 (4 BR) a month.

What is the Section 8 payment standard in 16734?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 16734 that range is $1,197 to $1,463 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 16734?

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