Location: Greene County, PA | Metro: Greene County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $940 |
| 1 Bedroom | $940 |
| 2 Bedrooms | $1,230 |
| 3 Bedrooms | $1,470 |
| 4 Bedrooms | $1,630 |
| 5 Bedrooms | $1,891 |
| 6 Bedrooms | $2,118 |
| 7 Bedrooms | $2,287 |
| 8 Bedrooms | $2,401 |
U.S. Census Bureau data (2024)
26.7% of residents in ZIP code 15341 are renters, indicating a significant portion of the population relies on rental housing. In this area, the Fair Market Rent (FMR) for Section 8 as of metro fiscal year 2026 is set at $1,160, which is notably higher than the average market rent reported by the Census ACS at $661. This discrepancy suggests that landlords participating in the Section 8 program could potentially see an increase in their rental income. However, the lack of data on median home values and days on market (DOM) means that investors must rely on other local real estate indicators to gauge property appreciation and liquidity.
$98,125 is the median income for households in ZIP 15341, which is important for understanding the economic context of potential tenants. While there's no information available regarding the percentage of homes that have been subject to price cuts, the absence of such data might imply a stable market where properties retain their value well. For landlords considering whether to accept Section 8 tenants, the FMR provides a benchmark for what they can expect to be paid through the voucher program, ensuring a steady stream of income even if it does not fully reflect the market rent.
The Section 8 program offers a reliable source of income for landlords willing to participate, with payment standards set at $1,160 for the metro area, which exceeds the current market rent of $661. Given the 26.7% renter share and the median household income of $98,125, the demand for affordable housing in ZIP 15341 is likely to be strong, making Section 8 vouchers a valuable asset for securing long-term tenants. The lack of data on median home values and days on market suggests a need for further local market research, but the existing figures point towards a stable and potentially profitable investment environment for those interested in the Section 8 program.
Verdict: ZIP 15341 presents a favorable opportunity for landlords to participate in the Section 8 program, leveraging higher FMRs compared to market rents to secure stable, long-term tenancy.
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.