Location: Jefferson County, PA | Metro: Jefferson County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,310 |
| 4 Bedrooms | $1,450 |
| 5 Bedrooms | $1,682 |
| 6 Bedrooms | $1,884 |
| 7 Bedrooms | $2,035 |
| 8 Bedrooms | $2,137 |
U.S. Census Bureau data (2024)
ZIP code 15744, located within the Jefferson County, PA metro area, presents unique characteristics when compared to typical ZIP codes in the county. The Fair Market Rent (FMR) for 15744 is set at $970 for fiscal year 2026, which serves as a benchmark for understanding the rental market dynamics.
Absent specific market rent and home value data for 15744, we can infer its position relative to other ZIP codes in Jefferson County by analyzing the available figures. The FMR of $970 suggests that this ZIP code might be considered a value pocket within the metro area. Value pockets are typically areas where rents are lower compared to the overall average of the region, making them attractive for both landlords and low-income tenants.
The 0.0% renter share figure is noteworthy and indicates that 15744 is predominantly occupied by homeowners rather than renters. This contrasts sharply with typical ZIP codes in Jefferson County, where a higher percentage of residents are likely to be renters. The absence of renters could imply a less active rental market or a preference for homeownership in this area.
In Jefferson County, ZIP codes with a high renter share coupled with below-average home values often represent ideal locations for landlords participating in the Section 8 program. However, since 15744 has a 0.0% renter share, it does not fit the profile of a Section 8 sweet spot based on this criterion alone. Landlords interested in Section 8 properties should look towards ZIP codes with a higher proportion of renters.
Despite the lack of direct comparison metrics such as market rent and home values, the low FMR and absence of renters suggest that 15744 is a niche market within Jefferson County. It may not offer the same opportunities for Section 8 investment as other areas with more pronounced rental markets.
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.