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FY2017 Hypothetical Small Area FMRs For Erie County, PA

In metropolitan areas, HUD defines Small Areas using ZIP Codes within the metropolitan area. Using ZIP codes as the basis for FMRs provides tenants with greater ability to move into ?Opportunity Neighborhoods? with jobs, public transportation, and good schools. They also provide for multiple payment standards within a metropolitan area, and they are likely to reduce need for extensive market area rent reasonableness studies. Lastly, HUD hopes that setting FMRs for each ZIP code will reduce overpayment in lower-rent areas.

Erie County is part of the Erie, PA MSA.

Erie County, PA Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
16401 $520 $530 $680 $870 $940 0.877
16403 $520 $530 $680 $870 $940 0.899
16407 $590 $600 $770 $980 $1,070 1.013
16410 $570 $590 $750 $950 $1,040 0.996
16411 $590 $600 $770 $980 $1,070 1.015
16412 $570 $590 $750 $950 $1,040 0.990
16415 $670 $680 $870 $1,110 $1,210 1.152
16417 $520 $530 $680 $870 $940 0.850
16421 $520 $530 $680 $870 $940 0.697
16423 $570 $580 $740 $940 $1,030 0.975
16426 $670 $690 $880 $1,120 $1,220 1.163
16427 $520 $530 $680 $870 $940 0.894
16428 $520 $530 $680 $870 $940 0.896
16430 $570 $590 $750 $950 $1,040 0.996
16435 $670 $680 $870 $1,110 $1,210 1.146
16438 $520 $530 $680 $870 $940 0.893
16441 $550 $570 $720 $920 $1,000 0.957
16442 $600 $620 $790 $1,010 $1,100 1.041
16443 $570 $590 $750 $950 $1,040 0.996
16444 $570 $590 $750 $950 $1,040 0.996
16501 $520 $530 $680 $870 $940 0.670
16502 $540 $560 $710 $900 $990 0.939
16503 $560 $570 $730 $930 $1,010 0.963
16504 $590 $600 $770 $980 $1,070 1.019
16505 $630 $650 $830 $1,060 $1,150 1.094
16506 $700 $720 $920 $1,170 $1,280 1.217
16507 $550 $570 $720 $920 $1,000 0.948
16508 $540 $550 $700 $890 $970 0.929
16509 $650 $670 $850 $1,080 $1,180 1.120
16510 $590 $600 $770 $980 $1,070 1.022
16511 $580 $600 $760 $970 $1,050 1.000
16512 $570 $590 $750 $950 $1,040 0.996
16514 $570 $590 $750 $950 $1,040 0.996
16541 $570 $590 $750 $950 $1,040 0.996
16546 $570 $590 $750 $950 $1,040 0.996
16563 $570 $590 $750 $950 $1,040 0.996

* Small Area FMRs presented with an asterisk are calculated in accordance with the Guidance For Preparing Comments on Small Area FMRs available at here.

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