Location: Crawford County, PA | Metro: Crawford County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $780 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | $1,540 |
| 5 Bedrooms | $1,786 |
| 6 Bedrooms | $2,000 |
| 7 Bedrooms | $2,160 |
| 8 Bedrooms | $2,268 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 16328 in the upcoming fiscal year 2026 is set at $970. This figure represents the maximum amount that landlords can expect to receive per month from the Housing Choice Voucher program, commonly known as Section 8. It's important to note that this is not the rent you should charge your tenants; rather, it's the payment standard used by the government to reimburse landlords for the portion of the rent paid by the voucher program.
In comparison, the average rent in ZIP 16328, according to the latest Census American Community Survey (ACS) data, is $900. This suggests that the FMR is slightly higher than the typical market rent, which could be advantageous for landlords participating in the Section 8 program.
The 19.6% of households being renters indicates a steady demand for rental properties in this area. Given this percentage, there is a reasonable likelihood that you will find tenants who qualify for the Section 8 program and are looking for housing in ZIP 16328.
However, the acquisition cost for properties in this ZIP code is marked as 'N/A', meaning there isn't specific data available on the cost of purchasing a property here. This could be due to limited transactions or lack of comprehensive data. Nonetheless, it's crucial to assess the cost of acquiring a rental property against the potential income from the Section 8 program.
Before deciding to enter the Section 8 market, ensure that your property meets all the necessary requirements for participation. This includes passing an inspection for health and safety standards. The inspection is a critical step, as failing it could delay your ability to participate in the program and receive the guaranteed monthly rental assistance payments.
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.