Location: Somerset County, PA | Metro: Bedford County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,050 |
| 1 Bedroom | $1,120 |
| 2 Bedrooms | $1,450 |
| 3 Bedrooms | $1,840 |
| 4 Bedrooms | $2,180 |
| 5 Bedrooms | $2,529 |
| 6 Bedrooms | $2,832 |
| 7 Bedrooms | $3,059 |
| 8 Bedrooms | $3,212 |
U.S. Census Bureau data (2024)
The classification of ZIP code 15559 hinges on its yield and stability metrics. With a Fair Market Rent (FMR) of $1,190 for the fiscal year 2026, it's slightly below the market rent of $1,266. However, the median home value stands at a considerable $242,407. This suggests that while rental yields might not be exceptionally high, the area offers a solid base for property investment.
Stability in ZIP 15559 is indicated by the 26.3% of residents being renters. The average daily Days on Market (DOM) is not available, but the median household income is $61,902. These figures suggest a moderate level of stability, as a significant portion of the population is already renting, and there's a decent income level supporting rental demand.
Based on these specifics, ZIP 15559 leans towards being a steady-cashflow zone. The yield isn't particularly high given the home values, but the established rental market and income levels support consistent cash flow. For landlords and small-portfolio investors, this means reliable returns without the volatility associated with high-yield markets.
To summarize, the key figures driving this classification are:
This analysis points to an investment environment that favors long-term, stable cash flows over short-term, high-yield gains.
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.