Logo Altoona Fair Market Rent FY 2022 Altoona, PA MSA Rental Data

Fair Market Rent Prices in Altoona, PA :
$552 $677 $829 $1,025 $1,124
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 50th Percentile Metro Area

Fair Market Rent prices in Altoona are average compared to the national average. This FMR area is more expensive than 56% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Altoona is $829 per month.

The previous year, rent for a two-bedroom home was $806 per month. This is a 2.85% increase year-over-year.

This FMR rate applies to Newry, PA, Curryville, PA, Sproul, PA, Tipton, PA, Dysart, PA, Ashville, PA, East Freedom, PA, Alexandria, PA, Gallitzin, PA, Bellwood, PA and other cities within the region. The Metro Code or CBSA code for this region is METRO11020M11020.

Additionally, This Fair Market Rent (FMR) area Altoona, PA MSA spans one county or city in Pennsylvania which is listed in the table below. Estimated population of Altoona, PA MSA FMR area is 0 people based on 2000 Census data.

Compared to the rest of Pennsylvania, the Altoona FMR area is less expensive than 55% 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 Altoona. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Altoona

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 $ 596
1-BR 1-Bedroom $ 731
2-BR 2-Bedroom $ 895
3-BR 3-Bedroom $ 1106
4-BR 4-Bedroom $ 1214
Change Year:

There is just one county (listed below) within the Altoona, PA MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Johnstown - Altoona.

County / Region Est. Population
, PA Metro 0
Zip Codes in Altoona, PA MSA

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

16601, 16602, 16603, 16611, 16613, 16617, 16631, 16635, 16636, 16637, 16641, 16648, 16665, 16682, 16684, 16686 and 16693

Lookup Fair Market Rent by Zip Code