FY2026 Fair Market Rents — State College, PA MSA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,187
1BR
$1,194
2BR
$1,406
3BR
$1,760
4BR
$1,862
Hours/week at min wage
150 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
National rank
#223
of 661 U.S. metros (top 35% most expensive)
YoY change (2BR)
-1.7%
$25 vs FY2025 · 5-yr +39.3%
Voucher payment standard
$1,265–$1,547
PHAs set HCV payment at 90–110% of the 2BR FMR
State College, PA MSA
Metropolitan area · PA · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,187 | $14,244 |
| 1-Bedroom | $1,194 | $14,328 |
| 2-Bedroom | $1,406 | $16,872 |
| 3-Bedroom | $1,760 | $21,120 |
| 4-Bedroom | $1,862 | $22,344 |
Recent 2-Bedroom FMR Trend
FY2020 $953 → FY2026 $1,406
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,187 | $1,194 | $1,406 | $1,760 | $1,862 |
| FY2025 | $1,226 | $1,234 | $1,431 | $1,743 | $1,897 |
| FY2024 | $1,122 | $1,133 | $1,317 | $1,593 | $1,754 |
| FY2023 | $1,091 | $1,111 | $1,285 | $1,576 | $1,726 |
| FY2022 | $1,039 | $1,055 | $1,212 | $1,548 | $1,644 |
| FY2021 | $865 | $885 | $1,009 | $1,347 | $1,368 |
| FY2020 | $813 | $837 | $953 | $1,312 | $1,375 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $118,300
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $24,850 | $28,400 | $31,950 | $35,500 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $41,450 | $47,350 | $53,250 | $59,150 | $63,900 | $68,650 |
| 80% AMI (Low) | $66,300 | $75,750 | $85,200 | $94,650 | $102,250 | $109,800 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$16,872/yr
FMR as % of Area Median Income
14.3% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$56,240/yr
$4,687/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 | $1,035 | $1,183 | $1,330 | $1,597 | $1,715 |
| 60% AMI Maximum | $1,242 | $1,419 | $1,597 | $1,916 | $2,058 |
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 | $1,187 | $1,194 | $1,406 | $1,760 | $1,862 |
| Low HOME Rent | $1,036 | $1,183 | $1,331 | $1,478 | $1,597 |
Compare State College, 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