HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in McKean County, Pennsylvania (FY 2027)
$1,014 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in McKean County, and it's the baseline every voucher in McKean is measured against.
Two-bedroom FMR
$1,014
+4.2% from FY 2026
Payment standard
$913–$1,115
90% to 110% of the FMR, two-bedroom
Income to afford
$40,560
a year, with rent at 30% of income
Rank in Pennsylvania
60th of 67
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $749 | $674–$824 | $29,960 | $14.40/hr | +5.8% |
| 1 bedroom | $891 | $802–$980 | $35,640 | $17.13/hr | +7.1% |
| 2 bedroom | $1,014 | $913–$1,115 | $40,560 | $19.50/hr | +4.2% |
| 3 bedroom | $1,232 | $1,109–$1,355 | $49,280 | $23.69/hr | +1.1% |
| 4 bedroom | $1,521 | $1,369–$1,673 | $60,840 | $29.25/hr | +5.1% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,749 | $1,574–$1,924 |
| 6 bedroom Estimate | $1,977 | $1,779–$2,175 |
| 7 bedroom Estimate | $2,205 | $1,985–$2,426 |
| 8 bedroom Estimate | $2,434 | $2,191–$2,677 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in McKean actually rent for?
Search any address in McKean for a rent estimate built from nearby comps, with the HUD figure right next to it.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in McKean somewhere between $913 and $1,115. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,014 a month is affordable, by HUD's 30% rule, on an income of roughly $40,560 a year. Put another way, $20 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$913 | Voucher pays at 100%$1,014 | Voucher pays at 110%$1,115 |
|---|---|---|---|---|
| $2,500 | $750 | $163 | $264 | $365 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 4% from FY 2026 ($973) to FY 2027 ($1,014). Since FY 2020 it's up 42% in total, about 5.1% a year. The Pennsylvania median held flat over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $507 | $550 | $714 | $890 | $988 | — |
| FY 2021 | $546 | $549 | $724 | $901 | $1,013 | +1.4% |
| FY 2022 | $572 | $576 | $757 | $948 | $1,072 | +4.6% |
| FY 2023 | $605 | $636 | $821 | $1,030 | $1,190 | +8.5% |
| FY 2024 | $616 | $674 | $845 | $1,073 | $1,251 | +2.9% |
| FY 2025 | $664 | $739 | $908 | $1,144 | $1,320 | +7.5% |
| FY 2026 | $708 | $832 | $973 | $1,219 | $1,447 | +7.2% |
| FY 2027In effect | $749 | $891 | $1,014 | $1,232 | $1,521 | +4.2% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In McKean, that runs from $749 for a studio up to $1,521 for four bedrooms, all five rates in the table above.
Because McKean sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Ludlow included.
Among Pennsylvania's 67 counties, McKean ranks 60th for two-bedroom FMR. That's about 11% below the state median of $1,136 and about 5% below the national median county at $1,063. About 39,904 people live here, 52nd in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,010 in 16333 (Ludlow) and $1,090 in 16738 (Lewis Run), with the 19 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 16333 | Ludlow | $1,010 | -0.4% |
| 16701 | Bradford | $1,020 | +0.6% |
| 16724 | Crosby | $1,010 | -0.4% |
| 16725 | Custer City | $1,020 | +0.6% |
| 16726 | Cyclone | $1,040 | +2.6% |
| 16727 | Derrick City | $1,010 | -0.4% |
| 16729 | Duke Center | $1,010 | -0.4% |
| 16730 | East Smethport | $1,010 | -0.4% |
| 16731 | Eldred | $1,010 | -0.4% |
| 16732 | Gifford | $1,020 | +0.6% |
| 16733 | Hazel Hurst | $1,010 | -0.4% |
| 16735 | Kane | $1,010 | -0.4% |
| 16738 | Lewis Run | $1,090 | +7.5% |
| 16740 | Mount Jewett | $1,010 | -0.4% |
| 16743 | Port Allegany | $1,080 | +6.5% |
| 16744 | Rew | $1,010 | -0.4% |
| 16745 | Rixford | $1,010 | -0.4% |
| 16749 | Smethport | $1,010 | -0.4% |
| 16750 | Turtlepoint | $1,040 | +2.6% |
Nearby counties
Two-bedroom FMR, with how each compares to McKean.
Elk County
32 mi · 30,506 people
$1,014
same rate
Cameron County
35 mi · 4,427 people
$1,014
same rate
Potter County
35 mi · 16,188 people
$1,014
same rate
Warren County
38 mi · 37,920 people
$1,014
same rate
Forest County
45 mi · 6,715 people
$1,014
same rate
Jefferson County
59 mi · 43,864 people
$1,014
same rate
Clearfield County
62 mi · 78,635 people
$1,014
same rate
Clarion County
63 mi · 37,179 people
$1,014
same rate
Questions people ask
$1,014 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $749 for a studio, $891 for one bedroom, $1,232 for three and $1,521 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in McKean actually go for?
HUD's number is one input. Search any address in McKean for a rent estimate built from nearby comps. Free to start, no card.
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