Section 8 Fair Market Rent (FMR) for ZIP 15750 - 2027

Location: Indiana County, PA | Metro: Indiana County, PA

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$750
1 Bedroom$860
2 Bedrooms$1,010
3 Bedrooms$1,390
4 Bedrooms$1,510
5 Bedrooms$1,752
6 Bedrooms$1,962
7 Bedrooms$2,119
8 Bedrooms$2,225

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
347
Median Household Income
$N/A
Housing Units
150
Renter Percentage
N/A
Occupancy Rate
100.0%
Renter Occupied
0

The ZIP code 15750 represents a unique scenario for real estate investment, particularly when considering the Section 8 program. With a population of just 347 residents, this area stands out due to the absence of renters, indicating that it is predominantly composed of homeowners. The lack of reported median income and median home values suggests limited data availability, which can complicate financial assessments.

Moving into the realm of rental economics, the Fair Market Rent (FMR) for the metro area as of fiscal year 2026 is set at $970. This figure contrasts sharply with the unavailability of specific market rent data for ZIP 15750, making direct comparisons challenging. However, the FMR provides a benchmark for assessing potential rental incomes under the Section 8 program.

Given the characteristics of ZIP 15750, it is clear that this location is not well-suited for hands-off voucher operators. The absence of renters and the limited population suggest that there would be insufficient demand for Section 8 vouchers. Instead, the area may appeal more to hands-on value-add buyers who are willing to engage deeply with the community and potentially develop properties that could cater to future rental markets or other niche opportunities.

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.