FY2026 Fair Market Rents — Erie, PA MSA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$836
1BR
$945
2BR
$1,212
3BR
$1,499
4BR
$1,683
Hours/week at min wage
129 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
National rank
#350
of 661 U.S. metros (top 54% most expensive)
YoY change (2BR)
+8.4%
+$94 vs FY2025 · 5-yr +43.6%
Voucher payment standard
$1,091–$1,333
PHAs set HCV payment at 90–110% of the 2BR FMR
Erie, PA MSA
Metropolitan area · PA · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $836 | $10,032 |
| 1-Bedroom | $945 | $11,340 |
| 2-Bedroom | $1,212 | $14,544 |
| 3-Bedroom | $1,499 | $17,988 |
| 4-Bedroom | $1,683 | $20,196 |
Recent 2-Bedroom FMR Trend
FY2020 $775 → FY2026 $1,212
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $836 | $945 | $1,212 | $1,499 | $1,683 |
| FY2025 | $781 | $861 | $1,118 | $1,392 | $1,512 |
| FY2024 | $726 | $757 | $983 | $1,227 | $1,345 |
| FY2023 | $703 | $731 | $947 | $1,174 | $1,301 |
| FY2022 | $633 | $654 | $848 | $1,048 | $1,162 |
| FY2021 | $624 | $653 | $844 | $1,050 | $1,145 |
| FY2020 | $580 | $600 | $775 | $966 | $1,050 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $88,600
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $18,650 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $31,050 | $35,450 | $39,900 | $44,300 | $47,850 | $51,400 |
| 80% AMI (Low) | $49,650 | $56,750 | $63,850 | $70,900 | $76,600 | $82,250 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$14,544/yr
FMR as % of Area Median Income
16.4% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$48,480/yr
$4,040/mo gross income
FY2026 LIHTC Maximum Rents
Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →
| AMI Band | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| 50% AMI Maximum | $775 | $886 | $996 | $1,196 | $1,284 |
| 60% AMI Maximum | $930 | $1,063 | $1,196 | $1,435 | $1,541 |
FY2026 HOME Program Rent Limits
Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →
| Limit Type | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| High HOME Rent | $836 | $945 | $1,212 | $1,439 | $1,439 |
| Low HOME Rent | $776 | $886 | $997 | $1,107 | $1,196 |
Compare Erie, PA MSA With Other PA Metros
vs. Allentown-Bethlehem-Easton, PA HUD Metro FMR Area
vs. Altoona, PA MSA
vs. Armstrong County, PA HUD Metro FMR Area
vs. Chambersburg-Waynesboro, PA MSA
vs. Columbia County, PA HUD Metro FMR Area