Section 8 Fair Market Rent (FMR) for ZIP 16371 - 2027

Location: Warren County, PA | Metro: Warren County, PA

Investment Score for ZIP 16371

C
Monthly Rent (2BR)
$1,010
Median Price (2BR)
$105,855
1% Rule
0.95%
Annual Yield
11.45%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

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

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,010 $105,855 0.95% C
3BR $1,360 $149,291 0.91% C

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
3,211
Median Household Income
$57,514
Housing Units
1,472
Renter Percentage
28.7%
Occupancy Rate
85.3%
Renter Occupied
360

The real estate landscape in Youngsville, PA (ZIP 16371), is poised for stability and gradual growth over the next 12-24 months, based on the current median home value of $132,487. The absence of percentage reductions in listings and the unspecified median days on market (DOM) indicate that sellers currently maintain pricing power. This suggests that homes are selling at or near their asking prices, which is a positive sign for landlords and small-portfolio investors looking to capitalize on the existing demand.

The rental market provides further insight into the area's financial potential. With a Fair Market Rent (FMR) projected at $970 for the fiscal year 2026, compared to the current market rate of $701 according to Census ACS data, there is a clear upward trend in rental values. This gap signals that landlords can expect to see an increase in rental income as market rates align with the FMR. As such, the rental side offers a strong argument for maintaining or slightly increasing rents, which can enhance cash flow and investment returns.

For long-term investors, the data implies a realistic appreciation thesis. The combination of stable home values and rising rental rates points towards a growing local economy and increasing demand for housing. While the exact rate of appreciation cannot be determined, the setup suggests that property values will likely rise in tandem with rental rates, driven by the fundamental forces of supply and demand.

Key Considerations:

In summary, the current metrics paint a picture of a market with stable home values and rising rental rates. This environment supports landlords and small-portfolio investors in maintaining pricing power and anticipating modest growth in both rental income and property values over the next couple of years.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.