Location: Bedford County, PA | Metro: Bedford County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $890 |
| 1 Bedroom | $950 |
| 2 Bedrooms | $1,230 |
| 3 Bedrooms | $1,560 |
| 4 Bedrooms | $1,850 |
| 5 Bedrooms | $2,146 |
| 6 Bedrooms | $2,404 |
| 7 Bedrooms | $2,596 |
| 8 Bedrooms | $2,726 |
U.S. Census Bureau data (2024)
ZIP 15521, located in Bedford County, PA, presents a strategic opportunity for inclusion in a Section 8 portfolio. This area serves best as a cash-flow anchor. The Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,170, while the current market rent stands at $990. This $180 spread per unit provides a stable and predictable cash flow, which is essential for maintaining financial stability within a rental portfolio.
The median home value in ZIP 15521 is $232,084. Given that the FMR exceeds the market rent, landlords can secure a steady stream of income through Section 8 vouchers without having to compete with the private market's fluctuating prices. This makes ZIP 15521 an ideal location for properties that need to provide consistent revenue, especially when other parts of the portfolio might be experiencing lower occupancy rates or facing higher vacancy costs.
While ZIP 15521 does not offer significant potential for appreciation, evidenced by the N/A% price-cut share and N/A-day days on market (DOM), it compensates with a strong tenant base. The median income of $53,947 indicates a population capable of contributing to a reliable payment history, further solidifying its role as a cash-flow anchor. Additionally, the 9.4% renter share suggests a moderate demand for rentals, which can be met effectively through the Section 8 program.
In conclusion, ZIP 15521 is most suited for a landlord looking to stabilize their portfolio with dependable cash flows. The substantial gap between the FMR and market rent ensures a cushion against economic downturns and provides a safety net for property owners relying on rental income.
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.