Location: Jefferson County, PA | Metro: Jefferson County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $750 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,360 |
| 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 code 15730, located within the Jefferson County, PA metro area, presents an interesting case for real estate analysis. The Fair Market Rent (FMR) for this ZIP is set at $1,020 for fiscal year 2026. This figure serves as a benchmark for housing affordability and is directly tied to the income levels of renters in the area.
While the market rent and home value data for ZIP 15730 are currently unavailable, the 13.0% renter share provides insight into the composition of the local housing market. A higher percentage of renters can indicate a greater demand for affordable housing options, which is particularly relevant for landlords and small-portfolio investors interested in Section 8 properties.
To contextualize ZIP 15730 within the broader Jefferson County, PA metro, we must consider the typical characteristics of other ZIP codes in the region. Generally, ZIP codes with a high renter share but lower home values relative to the metro average suggest a potential value pocket for Section 8 investments. However, without specific market rent and home value data for comparison, we cannot definitively categorize 15730 as either a value pocket, mid-tier neighborhood, or premium sub-market.
The FMR of $1,020 for ZIP 15730 indicates that it is aligned with the federal guidelines for affordable housing. If this ZIP's home values are indeed below the metro average, it would support the idea that it could be a sweet spot for Section 8 properties due to the combination of a significant renter population and potentially lower property costs. Conversely, if home values are on par or above the metro average, it might suggest a more competitive market where investors should expect higher property costs and possibly more stringent competition for tenants.
Investors should also monitor the trend of FMRs and renter shares over time to make informed decisions. An increasing renter share combined with stable or decreasing FMRs could signal a growing interest in affordable housing, making ZIP 15730 an attractive location for Section 8 investments.
In summary, ZIP 15730 offers a defined opportunity within the Jefferson County, PA metro based on its FMR and renter share. To determine its exact position as a value pocket, mid-tier neighborhood, or premium sub-market, additional data on market rents and home values would be necessary.
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.