Location: Greene County, PA | Metro: Greene County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $910 |
| 1 Bedroom | $920 |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | $1,430 |
| 4 Bedrooms | $1,570 |
| 5 Bedrooms | $1,821 |
| 6 Bedrooms | $2,040 |
| 7 Bedrooms | $2,203 |
| 8 Bedrooms | $2,313 |
U.S. Census Bureau data (2024)
The ZIP code 15334 is situated in a suburban neighborhood characterized by a relatively small population of 339 residents. The area has a low rental rate, with only 12.2% of the population being renters, indicating a predominantly owner-occupied community. The median household income in this ZIP code stands at a strong $96,842, suggesting that the majority of residents have a comfortable financial standing.
Despite the limited data available on the median home value and market rent for ZIP 15334, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,150. This figure provides a benchmark for rental pricing, even though direct comparisons to local market conditions are not possible due to the absence of specific market rent data.
Given the characteristics of ZIP 15334, it would be suitable for a hands-off Section 8 voucher operator rather than a hands-on value-add buyer. The low percentage of renters suggests minimal demand for rental properties, making it less attractive for active property management strategies aimed at increasing occupancy rates or improving property values through renovations. Instead, an investor focused on stable, government-backed rental income could find this ZIP code advantageous, as it offers a reliable tenant pool with the backing of Section 8 vouchers, ensuring consistent payments at the established FMR.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.