Location: Johnstown, PA | Metro: Johnstown, PA MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,500 |
| 5 Bedrooms | $1,740 |
| 6 Bedrooms | $1,949 |
| 7 Bedrooms | $2,105 |
| 8 Bedrooms | $2,210 |
U.S. Census Bureau data (2024)
The ZIP code 15930 is not a renter-heavy area. With a population of 413 and only 0.0% of residents being renters, it's predominantly a homeowner-dominated area. This makes the demand for Section 8 vouchers quite scarce.
The median household income in this ZIP is notably high at $146,114. However, due to the lack of rental data, we cannot provide a direct comparison between the market rent and the Fair Market Rent (FMR) of $850 (for FY 2024).
Given the scarcity of rental properties and the low percentage of renters, landlords in ZIP 15930 should not expect a large influx of Section 8 tenants. The high median income suggests that those who do rent are likely to be able to afford higher rents without the need for subsidies. Therefore, landlords should focus on attracting tenants who can pay market rates, rather than those relying on vouchers.
In summary, ZIP 15930 is unsuitable for landlords and small-portfolio investors looking to cater specifically to Section 8 tenants due to its low renter population and high median income. The typical tenant here would be financially capable of paying above the FMR without assistance.
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.