Mercer County, PA

2025 Fair Market Rents

Tags: 2025 Sharon, PA HUD Metro FMR Area

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The top four largest cities in Mercer County are Hermitage, Sharon, Mercer, and Sharpsville. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Mercer County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Mercer County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Mercer County compare?

Mercer County ($908) has a 21.6% lower FMR for 2-Bedroom housing than the average of Pennsylvania ($1,158) and therefore has a lower gross rent.

Mercer County is rank 49th out of 67 counties. This means the FMRs, or in other words, the gross rent is lower than 48 other counties. Mercer County is the 19th cheapest county in terms of FMRs.

Rent Tables Mercer County, PA

Fair Market Rent (40th Percentile)

$716
studio
$721
1-Bedroom
$908
2-Bedroom
$1,257
3-Bedroom
$1,374
4-Bedroom

Median Rent (50th Percentile)

$727
studio
$731
1-Bedroom
$921
2-Bedroom
$1,275
3-Bedroom
$1,393
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
16113 $930 $940 $1,180 $1,630 $1,790
16114 $730 $730 $920 $1,270 $1,390
16121 $760 $760 $960 $1,330 $1,450
16124 $720 $720 $910 $1,260 $1,370
16130 $720 $720 $910 $1,260 $1,370
16133 $920 $930 $1,170 $1,620 $1,770
16137 $720 $720 $910 $1,260 $1,370
16145 $720 $720 $910 $1,260 $1,370
16146 $720 $720 $910 $1,260 $1,370
16148 $770 $780 $980 $1,360 $1,480
16150 $740 $750 $940 $1,300 $1,420
16151 $720 $720 $910 $1,260 $1,370
16153 $750 $750 $950 $1,310 $1,440
16154 $770 $770 $970 $1,340 $1,470
16161 $730 $730 $920 $1,270 $1,390
16311 $690 $710 $910 $1,200 $1,350
16342 $630 $690 $910 $1,140 $1,310
16153 $750 $750 $950 $1,310 $1,440
16311 $690 $710 $910 $1,200 $1,350
16342 $630 $690 $910 $1,140 $1,310
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
16113 $837 $846 $1,062 $1,467 $1,611
16114 $657 $657 $828 $1,143 $1,251
16121 $684 $684 $864 $1,197 $1,305
16124 $648 $648 $819 $1,134 $1,233
16130 $648 $648 $819 $1,134 $1,233
16133 $828 $837 $1,053 $1,458 $1,593
16137 $648 $648 $819 $1,134 $1,233
16145 $648 $648 $819 $1,134 $1,233
16146 $648 $648 $819 $1,134 $1,233
16148 $693 $702 $882 $1,224 $1,332
16150 $666 $675 $846 $1,170 $1,278
16151 $648 $648 $819 $1,134 $1,233
16153 $675 $675 $855 $1,179 $1,296
16154 $693 $693 $873 $1,206 $1,323
16161 $657 $657 $828 $1,143 $1,251
16311 $621 $639 $819 $1,080 $1,215
16342 $567 $621 $819 $1,026 $1,179
16153 $675 $675 $855 $1,179 $1,296
16311 $621 $639 $819 $1,080 $1,215
16342 $567 $621 $819 $1,026 $1,179
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
16113 $1,023 $1,034 $1,298 $1,793 $1,969
16114 $803 $803 $1,012 $1,397 $1,529
16121 $836 $836 $1,056 $1,463 $1,595
16124 $792 $792 $1,001 $1,386 $1,507
16130 $792 $792 $1,001 $1,386 $1,507
16133 $1,012 $1,023 $1,287 $1,782 $1,947
16137 $792 $792 $1,001 $1,386 $1,507
16145 $792 $792 $1,001 $1,386 $1,507
16146 $792 $792 $1,001 $1,386 $1,507
16148 $847 $858 $1,078 $1,496 $1,628
16150 $814 $825 $1,034 $1,430 $1,562
16151 $792 $792 $1,001 $1,386 $1,507
16153 $825 $825 $1,045 $1,441 $1,584
16154 $847 $847 $1,067 $1,474 $1,617
16161 $803 $803 $1,012 $1,397 $1,529
16311 $759 $781 $1,001 $1,320 $1,485
16342 $693 $759 $1,001 $1,254 $1,441
16153 $825 $825 $1,045 $1,441 $1,584
16311 $759 $781 $1,001 $1,320 $1,485
16342 $693 $759 $1,001 $1,254 $1,441

Fair Market Rents on this page apply to the following cities in Mercer County, Pennsylvania: Hermitage, Sharon, Mercer, Sharpsville, Farrell, Transfer, Sandy Lake, Stoneboro, Polk, Hadley, Fredonia, Jackson Center, Wheatland, Clarks Mills, Sheakleyville, Carlton, and Clark.

These Fair Market Rents also apply to the following ZIP codes in Mercer County, Pennsylvania: 16148, 16146, 16137, 16150, 16121, 16154, 16145, 16153, 16342, 16130, 16124, 16133, 16161, 16114, 16151, 16311, and 16113.

Mercer County, PA is considered part of the following metro FMR area: SHARON, PA HUD METRO FMR AREA.

More on Mercer County, PA

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.