FY2025 Fair Market Rents — Sharon, PA HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2025 in this area are:

Studio
$716
1BR
$721
2BR
$908
3BR
$1,257
4BR
$1,374
Hours/week at min wage
97 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
National rank
#590
of 639 U.S. metros (top 93% most expensive)
YoY change (2BR)
+7.5%
+$63 vs FY2024 · 5-yr +25.8%
Voucher payment standard
$817–$999
PHAs set HCV payment at 90–110% of the 2BR FMR

Sharon, PA HUD Metro FMR Area

Metropolitan area · PA · View full history · Income limits · LIHTC rents

FY2025 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $716 $8,592
1-Bedroom $721 $8,652
2-Bedroom $908 $10,896
3-Bedroom $1,257 $15,084
4-Bedroom $1,374 $16,488

Recent 2-Bedroom FMR Trend

FY2019 $710 → FY2025 $908
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2025 $716 $721 $908 $1,257 $1,374
FY2024 $656 $661 $845 $1,148 $1,233
FY2023 $634 $638 $821 $1,105 $1,165
FY2022 $579 $583 $757 $1,009 $1,058
FY2021 $553 $556 $724 $949 $1,017
FY2020 $551 $555 $722 $930 $1,034
FY2019 $544 $548 $710 $904 $1,035

View full FMR history back to FY2000 →

FY2024 Income Limits

Area Median Income (AMI): $78,800

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $16,600 $20,440 $25,820 $31,200 $36,580 $41,960
50% AMI (Very Low) $27,600 $31,550 $35,500 $39,400 $42,600 $45,750
80% AMI (Low) $44,150 $50,450 $56,750 $63,050 $68,100 $73,150

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$10,896/yr
FMR as % of Area Median Income
13.8% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$36,320/yr
$3,027/mo gross income

FY2024 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 $689 $788 $886 $1,063 $1,142
60% AMI Maximum $827 $945 $1,063 $1,276 $1,371

FY2024 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 $656 $661 $845 $1,148 $1,233
Low HOME Rent $690 $788 $887 $985 $1,065

Compare Sharon, PA HUD Metro FMR Area 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

Counties in This FMR Area

Related Pages