FY2026 Fair Market Rents — Elk County, PA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$708
1BR
$825
2BR
$973
3BR
$1,283
4BR
$1,288
Hours/week at min wage
104 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
+7.2%
+$65 vs FY2025 · 5-yr +34.4%
Voucher payment standard
$876–$1,070
PHAs set HCV payment at 90–110% of the 2BR FMR
Elk County, PA
Non-Metropolitan area · PA · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $708 | $8,496 |
| 1-Bedroom | $825 | $9,900 |
| 2-Bedroom | $973 | $11,676 |
| 3-Bedroom | $1,283 | $15,396 |
| 4-Bedroom | $1,288 | $15,456 |
Recent 2-Bedroom FMR Trend
FY2020 $714 → FY2026 $973
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $708 | $825 | $973 | $1,283 | $1,288 |
| FY2025 | $664 | $800 | $908 | $1,224 | $1,229 |
| FY2024 | $616 | $722 | $845 | $1,133 | $1,200 |
| FY2023 | $549 | $691 | $821 | $1,106 | $1,201 |
| FY2022 | $503 | $604 | $757 | $1,017 | $1,069 |
| FY2021 | $478 | $577 | $724 | $978 | $982 |
| FY2020 | $468 | $565 | $714 | $954 | $967 |
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
$11,676/yr
FMR as % of Area Median Income
13.2% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$38,920/yr
$3,243/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 | $708 | $825 | $973 | $1,283 | $1,288 |
| Low HOME Rent | $776 | $886 | $997 | $1,107 | $1,196 |
Compare Elk County, PA 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