FY2026 Fair Market Rents — Mercer County
Studio
$704
1BR
$792
2BR
$996
3BR
$1,385
4BR
$1,538
Mercer County, Pennsylvania
FIPS 42085 · County-level FMR and income limit data
FMR Area: Sharon, PA HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $704 | $8,448 |
| 1-Bedroom | $792 | $9,504 |
| 2-Bedroom | $996 | $11,952 |
| 3-Bedroom | $1,385 | $16,620 |
| 4-Bedroom | $1,538 | $18,456 |
To afford the FY2026 2-bedroom FMR of $996/mo under the 30%-of-income rule, a household needs about
$39,840/yr ($3,320/mo). Area Median Income is $83,600.
At PA's federal minimum wage of $7.25/hr, a worker would need to work 106 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $704 | $792 | $996 | $1,385 | $1,538 |
| 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 |
FY2026 Income Limits
Area Median Income: $83,600
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,100 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $30,200 | $34,500 | $38,800 | $43,100 | $46,550 | $50,000 |
| 80% AMI | $48,300 | $55,200 | $62,100 | $68,950 | $74,500 | $80,000 |