Location: Clarion County, PA | Metro: Clarion County, PA
| 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 |
U.S. Census Bureau data (2024)
The analysis for ZIP code 16220 reveals a unique scenario due to the lack of specific data on median income and market rate rents. However, with a population of only 19 and an implied absence of renters, the competition among landlords is virtually non-existent.
Given the voucher payment standard of $990 for the metro area in fiscal year 2026, it becomes the benchmark for rental costs in this ZIP code. The absence of other renters means that landlords can effectively set their own rates, but they must consider the voucher amount as a practical limit for attracting tenants.
The affordability gap in ZIP 16220 is stark. Without any reported renters, it suggests that either the current rental offerings are not affordable for the population or there are no rental units available. This gap implies that landlords should focus on making their properties accessible to those who might rely on housing vouchers.
Takeaway for landlords: In ZIP 16220, given the extremely low population and the absence of reported renters, adopting a strategy that accepts housing vouchers at the standard FMR of $990 could be the most viable approach. This strategy ensures a steady stream of potential tenants, considering the limited number of residents and the likely reliance on government assistance for housing. Landlords should also consider the broader context of the metro area's FMR when setting their rental rates to remain competitive and attractive to voucher holders.
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.