FY2027 Small Area FMR · Cornwall, PA

ZIP 17016 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 17016 (Cornwall, PA) is $2,030 a month, down 4.2% from FY2026. That is 50% above the Lebanon, PA area-wide FMR of $1,353.

2-bedroom SAFMR$2,030per month ▼ 4.2%

Area-wide 2 BR FMR$1,353Lebanon, PA

Rank in the area1stof 23 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,827

2 BR Small Area FMR$2,030

110% of SAFMR$2,233

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

Studio$1,490▼ 3.9%

1 BR$1,610▼ 3.6%

2 BR$2,030▼ 4.2%

3 BR$2,610▼ 3.3%

4 BR$2,840▼ 3.4%

FY2027 FY2026

Where 17016 sits in the Lebanon, PA area

Of the 23 ZIP codes HUD lists for the area, 17016 has the 1st highest two-bedroom Small Area FMR. Lebanon, 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 $1,353 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,030 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	$1,490	$1,341 – $1,639	$991	$1,550
1 bedroom	$1,610	$1,449 – $1,771	$1,071	$1,670
2 bedrooms	$2,030	$1,827 – $2,233	$1,353	$2,120
3 bedrooms	$2,610	$2,349 – $2,871	$1,742	$2,700
4 bedrooms	$2,840	$2,556 – $3,124	$1,894	$2,940

A household renting a two-bedroom home at the Small Area FMR of $2,030 needs about $81,200 a year to keep housing costs at 30% of income. The area median family income is $98,200 and the 80% low-income limit for four people is $78,550. ZIP code 17016 lies mainly in Lebanon County. See the Lebanon, PA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
17042	Lebanon	1.7 mi	$1,370
17064	Mount Gretna	4.6 mi	$1,630
17088	Schaefferstown	5.9 mi	$1,370
17545	Manheim	7.0 mi	$1,590
17046	Lebanon	7.3 mi	$1,290
17073	Newmanstown	7.9 mi	$1,640

Questions

What is the Fair Market Rent for ZIP code 17016?

HUD's FY2027 Small Area Fair Market Rents for 17016 are $1,490 (studio), $1,610 (1 BR), $2,030 (2 BR), $2,610 (3 BR) and $2,840 (4 BR) a month.

What is the Section 8 payment standard in 17016?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 17016 that range is $1,827 to $2,233 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 17016?

The FY2026 income limits of the Lebanon, PA area apply: median family income $98,200, low-income (80%) limit $78,550 for a family of four.