Centre County fair market rent FY 2027Pennsylvania, HUD studio to 4 bedrooms
HUD's FY 2027 Fair Market Rent for a two-bedroom home in Centre County, Pennsylvania is $1,537 a month, effective October 1, 2026: $1,274 for a studio, $1,282 for one bedroom, $1,977 for three and $2,020 for four. It is set for the State College, PA MSA. The FY 2026 two-bedroom FMR was $1,406 (+9.3%).
Centre County Fair Market Rents by bedrooms
| Bedrooms | FY 2027 | FY 2026 | Change | Payment standard basic range |
|---|---|---|---|---|
| Studio | $1,274 | $1,187 | +7.3% | $1,146 to $1,401 |
| 1 bedroom | $1,282 | $1,194 | +7.4% | $1,153 to $1,410 |
| 2 bedrooms | $1,537 | $1,406 | +9.3% | $1,383 to $1,690 |
| 3 bedrooms | $1,977 | $1,760 | +12.3% | $1,779 to $2,174 |
| 4 bedrooms | $2,020 | $1,862 | +8.5% | $1,818 to $2,222 |
Monthly gross rent (rent plus tenant-paid utilities except telephone). FY 2027 runs October 1, 2026 to September 30, 2027. The payment standard basic range is 90 to 110 percent of the FMR (24 CFR 982.503(c)); the local housing agency sets the actual payment standard.
How Centre County compares
Centre County's two-bedroom FMR of $1,537 is the 14th highest of 67 counties in Pennsylvania, where the county median is $1,136 and the range $1,014 to $1,860. Across all 3,144 US counties the median two-bedroom FMR is $1,071; Centre County ranks 480th.
Small Area FMRs and ZIP codes
HUD also publishes Small Area FMRs by ZIP code for metropolitan areas. For the State College, PA MSA it lists 36 ZIP codes, with two-bedroom Small Area FMRs from $1,270 to $1,730. This area is not one of HUD's designated Small Area FMR areas, so agencies use the area-wide FMR above unless they opt in.
Look up any ZIP code: fair market rent by ZIP code.
Fair market rents in nearby counties
All Pennsylvania counties · Fair market rents in every state
More for Centre County
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Check a Centre County property
HeritageDeed does not search title records in Centre County yet; the counties it covers are listed under title search coverage, where a title report is $49 per report. For any US address, the Environmental Records Report lists Superfund, hazardous waste, leaking tank and brownfield sites nearby, with the flood zone.
Questions about Centre County fair market rent
What is the fair market rent in Centre County for FY 2027?
$1,274 for a studio, $1,282 for one bedroom, $1,537 for two, $1,977 for three and $2,020 for four bedrooms a month. FY 2027 runs from October 1, 2026 to September 30, 2027.
What was the fair market rent in Centre County for FY 2026?
$1,187 for a studio, $1,194 for one bedroom, $1,406 for two, $1,760 for three and $1,862 for four bedrooms (FY 2026, October 1, 2025 to September 30, 2026).
What is the Section 8 voucher amount for a 2 bedroom in Centre County?
The housing agency sets a payment standard, usually within the basic range of 90 to 110 percent of the FMR: $1,383 to $1,690 for two bedrooms here. The voucher then pays the lower of the payment standard or the gross rent, minus the family's total tenant payment, usually 30 percent of adjusted monthly income (24 CFR 982.505 and 5.628). The local housing agency publishes its own schedule.
Does fair market rent include utilities?
Yes. HUD's rule defines Fair Market Rents as "estimates of rent plus the cost of utilities, except telephone", set at the 40th percentile of rents for standard-quality units rented by recent movers (24 CFR 888.113).
Is Centre County's fair market rent high for Pennsylvania?
$1,537 for two bedrooms ranks 14th of 67 counties in Pennsylvania; the state's county median is $1,136 (range $1,014 to $1,860) and the national county median is $1,071.
Legal references
- 24 CFR 888.113, Fair market rents for existing housing: methodology
- 24 CFR 982.503, Voucher tenancy: payment standard amount and schedule
- 24 CFR 982.505, How to calculate housing assistance payment
JSON: /api/data/fair-market-rent/pennsylvania/centre-county. Fair Market Rents are HUD program figures, not an appraisal of any unit's rent.