Location: Indiana County, PA | Metro: Indiana County, PA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,460 |
| 4 Bedrooms | $1,590 |
| 5 Bedrooms | $1,844 |
| 6 Bedrooms | $2,065 |
| 7 Bedrooms | $2,230 |
| 8 Bedrooms | $2,342 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,460 | $96,642 | 1.51% | A+ |
U.S. Census Bureau data (2024)
The ZIP code 15754 stands out due to its unique demographic and economic characteristics. With only 266 residents, it has a very low population density, which is unusual for most ZIP codes. Only 8.7% of these residents rent their homes, indicating that homeownership is the dominant trend in this area. The median income for households in ZIP 15754 is $56,434, suggesting a modest but stable financial status among its inhabitants. Furthermore, the median home value is $90,297, which is relatively affordable compared to many other areas.
When it comes to Section 8 vouchers, the Fair Market Rent (FMR) for the metro area covering ZIP 15754 for fiscal year 2026 is set at $1,000. However, there is no available market rent data for this specific ZIP code, making it challenging to assess the exact impact of the voucher program. Despite this lack of data, the FMR figure can still provide some insight into rental pricing trends and affordability for tenants receiving vouchers.
The data signature for ZIP 15754 reads as "stable." Given the high percentage of homeowners and the modest median income, there is little indication of significant change or transition in the near future. Landlords and small-portfolio investors should consider the limited rental market and the potential challenges in attracting tenants who rely on Section 8 vouchers, especially if they are priced higher than the local market might bear. The low population also means a smaller pool of potential renters, so competition for tenants could be fierce.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.