Location: Warren County, PA | Metro: Warren County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,360 |
| 4 Bedrooms | $1,460 |
| 5 Bedrooms | $1,694 |
| 6 Bedrooms | $1,897 |
| 7 Bedrooms | $2,049 |
| 8 Bedrooms | $2,151 |
The ZIP Code 16367 in Warren, PA, is assigned to a single organization or institution, which means detailed residential and rental data is not available. However, the voucher payment standard for Fair Market Rent (FMR) in the metro area for fiscal year 2026 is set at $970. This figure serves as a benchmark for affordable housing.
Given the lack of specific median income and market rate rent data for ZIP Code 16367, it is challenging to assess the exact affordability gap. Nonetheless, the FMR of $970 indicates a significant portion of the population likely relies on housing assistance such as vouchers.
The absence of population and rental statistics suggests a low number of residential units, making the ZIP Code unique and less typical compared to densely populated areas. This uniqueness can impact landlord competition, as fewer rental properties might mean higher demand for available units.
Takeaway for Landlords: Considering the reliance on housing vouchers and the limited data on market rents, landlords should weigh the benefits of accepting vouchers against the stability they offer. While cash-paying tenants may sometimes provide higher rent, the consistent payment and guaranteed occupancy from voucher holders can be a reliable strategy. Given the potential for high demand and limited supply, landlords in ZIP Code 16367 can expect competition to be fierce for both voucher and cash-paying tenants.
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.