Location: Bedford County, PA | Metro: Bedford County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $740 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,540 |
| 5 Bedrooms | $1,786 |
| 6 Bedrooms | $2,000 |
| 7 Bedrooms | $2,160 |
| 8 Bedrooms | $2,268 |
U.S. Census Bureau data (2024)
ZIP 15537, located in Everett, Pennsylvania, serves well as a cash-flow anchor within a Section 8 portfolio strategy. The median home value stands at $205,637, while the market rent is approximately $835 per month. This places the area below the Fair Market Rent (FMR) of $970 for the metro region as of FY 2026, offering a spread of $135 per month. This positive spread indicates that landlords can potentially receive higher rental payments through Section 8 vouchers compared to the local market rent.
The area has a 25.8% renter share, which aligns with the notion of being a stable cash-flow generator. Additionally, the median income of $62,538 suggests a modest but steady economic base, supporting consistent rental demand. However, it's important to note that the vacancy rate is relatively high at 13.2%, indicating some challenges in tenant retention and possibly requiring proactive management practices such as thorough tenant screening and timely maintenance.
ZIP 15537 is not ideal for appreciation plays due to its moderate home value growth and lack of significant price-cut shares or days on market (DOM) data. Instead, the focus should be on generating reliable rental income and managing risks effectively. With these considerations, ZIP 15537 acts as a solid foundation for cash flow within a diversified Section 8 portfolio.
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.