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RentData.org Logo Sharon Fair Market Rent FY 2016 Sharon, PA HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Sharon, PA :
$483 $521 $686 $851 $940
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Sharon are low compared to the national average. This FMR area is less expensive than 65% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Sharon is $686 per month.

The previous year, rent for a two-bedroom home was $676 per month. This is a 1.48% increase year-over-year.

This FMR rate applies to Clark, PA, Carlton, PA, Sheakleyville, PA, Clarks Mills, PA, Wheatland, PA, Jackson Center, PA, Fredonia, PA, Hadley, PA, Polk, PA, Stoneboro, PA and other cities within the region. The Metro Code or CBSA code for this region is METRO49660MM7610.

Additionally, This Fair Market Rent (FMR) area Sharon, PA HUD Metro FMR Area spans one county or city in Pennsylvania which is listed in the table below. Estimated population of Sharon, PA HUD Metro FMR Area FMR area is 116,638 people based on latest Census data.

Compared to the rest of Pennsylvania, the Sharon FMR area is less expensive than 57% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Sharon. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Sharon

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 518
1-BR 1-Bedroom $ 558
2-BR 2-Bedroom $ 735
3-BR 3-Bedroom $ 912
4-BR 4-Bedroom $ 1007
Change Year:
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Sharon, PA HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Youngstown and Pittsburgh.

County / Region Est. Population
Sharon, PA Metro 116,638
Zip Codes in Sharon, PA HUD Metro FMR Area

There are 17 unique zip codes in this Fair Market Rent (FMR) area:

16113, 16114, 16121, 16124, 16130, 16133, 16137, 16145, 16146, 16148, 16150, 16151, 16153, 16154, 16161, 16311 and 16342

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What's Next?

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