Location: Indiana County, PA | Metro: Indiana County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $940 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,520 |
| 4 Bedrooms | $1,660 |
| 5 Bedrooms | $1,926 |
| 6 Bedrooms | $2,157 |
| 7 Bedrooms | $2,330 |
| 8 Bedrooms | $2,447 |
U.S. Census Bureau data (2024)
The ZIP code 15734, located in Pennsylvania, presents a unique scenario for real estate investment under the Section 8 program. With a Fair Market Rent (FMR) of $1,050 for the fiscal year 2026, it aligns closely with the metropolitan average, indicating that rental income through Section 8 could be competitive in this area.
However, the lack of available market rental prices and home values makes it challenging to compare the potential returns against non-assisted markets. This absence of data suggests that the area might have limited private sector activity, which could be due to various factors including economic conditions or the prevalence of Section 8 housing.
Regarding stability, the data reveals a 0.0% rate of renters, which is an anomaly and likely indicates a misreporting or a very low number of renters relative to homeowners. The days on market (DOM) and median income figures are also not available, which further complicates the assessment of market volatility and tenant reliability.
Given the available information, 15734 does not clearly fit into either a high-yield/low-stability "flip-style" market or a steady-cashflow zone. The competitive FMR of $1,050 suggests decent cash flow potential when considering the Section 8 program. However, the missing data points on market rental prices, home values, and income levels prevent a comprehensive evaluation of the stability and overall risk profile of this ZIP code.
To make a more informed decision, additional research is necessary to fill these gaps. Specifically, understanding the local economy, the trend in home values, and the actual percentage of renters would provide clearer insights into whether this market offers high yields with low stability or a more balanced investment opportunity.
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.