FY2027 Small Area FMR · Osceola, PA

ZIP 16942 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 16942 (Osceola, PA) is $1,010 a month, up 4.1% from FY2026. That is 3% below the Tioga County, PA area-wide FMR of $1,045.

2-bedroom SAFMR$1,010per month ▲ 4.1%

Area-wide 2 BR FMR$1,045Tioga County, PA

Rank in the area23rdof 26 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909

2 BR Small Area FMR$1,010

110% of SAFMR$1,111

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

Studio$710▲ 6.0%

1 BR$790▲ 3.9%

2 BR$1,010▲ 4.1%

3 BR$1,290▲ 2.4%

4 BR$1,350▲ 3.8%

FY2027 FY2026

Where 16942 sits in the Tioga County, PA area

Of the 26 ZIP codes HUD lists for the area, 16942 has the 23rd highest two-bedroom Small Area FMR. Tioga 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 $1,045 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,010 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	$710	$639 – $781	$728	$670
1 bedroom	$790	$711 – $869	$812	$760
2 bedrooms	$1,010	$909 – $1,111	$1,045	$970
3 bedrooms	$1,290	$1,161 – $1,419	$1,323	$1,260
4 bedrooms	$1,350	$1,215 – $1,485	$1,379	$1,300

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 a year to keep housing costs at 30% of income. The area median family income is $81,400 and the 80% low-income limit for four people is $68,950. ZIP code 16942 lies mainly in Tioga County. See the Tioga County, PA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
16920	Elkland	3.6 mi	$1,010
16928	Knoxville	4.3 mi	$1,030
16940	Nelson	6.1 mi	$1,060
16935	Middlebury Center	6.4 mi	$1,040
14898	Woodhull	7.4 mi	$1,010
16950	Westfield	10.2 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 16942?

HUD's FY2027 Small Area Fair Market Rents for 16942 are $710 (studio), $790 (1 BR), $1,010 (2 BR), $1,290 (3 BR) and $1,350 (4 BR) a month.

What is the Section 8 payment standard in 16942?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 16942 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 16942?

The FY2026 income limits of the Tioga County, PA area apply: median family income $81,400, low-income (80%) limit $68,950 for a family of four.