Section 8 Fair Market Rent (FMR) for ZIP 16058 - 2027

Name: Section 8 Fair Market Rent Data for 16058
Creator: U.S. Department of Housing and Urban Development (HUD)
License: https://creativecommons.org/publicdomain/zero/1.0/

Location: Clarion County, PA | Metro: Clarion County, PA

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$780
1 Bedroom	$790
2 Bedrooms	$1,010
3 Bedrooms	$1,210
4 Bedrooms	$1,700
5 Bedrooms	$1,972
6 Bedrooms	$2,209
7 Bedrooms	$2,386
8 Bedrooms	$2,505

ZIP code 16058 in Clarion County, PA, has a Fair Market Rent (FMR) of $970 for fiscal year 2026. This figure is crucial for landlords and small-portfolio investors as it represents the maximum allowable rent for Section 8 housing vouchers. The FMR is set by the U.S. Department of Housing and Urban Development (HUD) and reflects the rental market conditions in the area.

Comparatively, typical ZIP codes in Clarion County, PA, have not been provided with specific market rents, home values, or renter shares. However, based on the available data for ZIP 16058, we can infer several points:

The FMR of $970 suggests that this ZIP code is likely to be a value pocket within the Clarion County, PA metro. Value pockets are areas where the cost of renting is relatively low compared to surrounding regions, making them attractive for Section 8 tenants and potentially offering good returns for landlords who can manage properties effectively at this price point.
The absence of data for market rent, home values, and renter share indicates a lack of comprehensive information about the broader real estate market in ZIP 16058. However, the FMR being specified implies that there is sufficient demand for affordable housing in this area.
Typically, a high percentage of renters combined with lower-than-average home values can signal a strong Section 8 presence. Since the renter share is listed as N/A, we cannot definitively state if this ZIP code is a sweet spot for Section 8 properties. But given the FMR figure alone, it stands out as a location where landlords can expect to attract tenants using Section 8 vouchers.
The N/A listings for market rent and home values suggest that this ZIP code may not have extensive data available, possibly due to limited real estate activity or smaller population size compared to other areas in Clarion County.

Landlords and investors should consider ZIP 16058 as a value pocket within the Clarion County, PA metro, particularly for those interested in managing properties that cater to Section 8 tenants. The $970 FMR provides a clear guideline for setting rental prices that align with HUD's standards, ensuring compliance and attracting voucher holders.

Data Sources: FMR data from HUD (2027).

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.