Location: Indiana County, PA | Metro: Indiana County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $950 |
| 1 Bedroom | $1,120 |
| 2 Bedrooms | $1,310 |
| 3 Bedrooms | $1,800 |
| 4 Bedrooms | $1,970 |
| 5 Bedrooms | $2,285 |
| 6 Bedrooms | $2,559 |
| 7 Bedrooms | $2,764 |
| 8 Bedrooms | $2,902 |
U.S. Census Bureau data (2024)
The ZIP code 15756 is a prime location for landlords looking to attract Section 8 tenants. With a population of 196, nearly 37.5% of residents are renters, indicating a significant portion of the community relies on rental housing. This statistic suggests that there is a substantial demand for rental properties, particularly those that can accommodate tenants using housing vouchers.
The median household income in this ZIP code stands at $47,500, which is relatively low compared to the overall market. The average market rent is $1,104, representing approximately 23.2% of the median income. This figure is calculated by dividing the market rent by the median income and multiplying by 100: ($1,104 / $47,500) * 100 = 23.2%. This ratio highlights that rent consumes a considerable but manageable portion of the average resident's income.
Comparing the market rent to the Fair Market Rent (FMR) of $1,290, as set for FY 2026 in the metropolitan area, shows that the actual rent in ZIP 15756 is below the FMR. This indicates that landlords may find it easier to secure tenants who qualify for housing vouchers, as the lower rent aligns well with the subsidy limits.
A landlord in ZIP 15756 should expect tenants who are likely to be economically disadvantaged, relying heavily on government assistance to cover their housing costs. These tenants will primarily seek affordable housing options, making properties priced around the market rent of $1,104 attractive. Landlords must ensure they meet all HUD requirements for voucher acceptance and understand the process of working with the housing authority to receive subsidies.
In summary, ZIP 15756 presents a robust opportunity for landlords interested in Section 8 tenants. The high percentage of renters and the alignment of market rents with the FMR suggest strong voucher demand. Tenants here will be financially dependent on subsidies, so landlords should prepare accordingly to comply with federal guidelines and support these individuals in securing stable housing.
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.