Location: Bedford County, PA | Metro: Bedford County, PA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,570 |
| 5 Bedrooms | $1,821 |
| 6 Bedrooms | $2,040 |
| 7 Bedrooms | $2,203 |
| 8 Bedrooms | $2,313 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,320 | $253,426 | 0.52% | F |
U.S. Census Bureau data (2024)
The ZIP code 15522 stands out due to its unique mix of demographics and housing economics. With a population of 11,111 residents, 25.4% of whom rent their homes, it reflects a community where a significant portion of the population relies on rental properties. The median income in this area is $57,029, indicating a middle-class neighborhood. Additionally, the median home value of $221,781 suggests that homeownership is a substantial part of the local economy.
In terms of voucher economics, the Fair Market Rent (FMR) for ZIP 15522 is set at $990 for fiscal year 2026, which is notably higher than the current market rent of $817 according to Census ACS data. This discrepancy highlights an opportunity for landlords and small-portfolio investors to leverage Section 8 vouchers effectively. The higher FMR means that tenants with vouchers can afford rents above the market average, potentially leading to higher occupancy rates and more stable cash flows for property owners.
The data signature for ZIP 15522 reads as stable. The relatively high median home value indicates a robust housing market, while the median income provides insight into the financial health of the residents. The fact that nearly a quarter of the residents are renters, coupled with the favorable voucher economics, suggests a consistent demand for rental properties. Landlords and investors should consider these factors when evaluating the potential returns and risks associated with this ZIP code.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.