Section 8 Fair Market Rent (FMR) for ZIP 16436 - 2027

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

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$840
1 Bedroom	$880
2 Bedrooms	$1,060
3 Bedrooms	$1,410
4 Bedrooms	$1,540
5 Bedrooms	$1,786
6 Bedrooms	$2,000
7 Bedrooms	$2,160
8 Bedrooms	$2,268

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

639

Median Household Income

$47,500

Housing Units

514

Renter Percentage

16.7%

Occupancy Rate

53.7%

Renter Occupied

The ZIP code 16436, located in Venango County, Pennsylvania, offers a unique blend of rural charm and proximity to urban amenities, making it an interesting market for real estate investors. The area is characterized by its modest economic profile and a significant portion of renters who rely on government assistance.

The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,030, which provides a benchmark for rental pricing in the region.
Despite the lack of specific data on market rents, the median home value stands at $132,069, indicating a relatively affordable housing market.
Renters make up 16.7% of the local population, suggesting a dependency on rental properties for a significant number of residents.
The median household income in the area is $47,500, reflecting the economic conditions that may influence the demand for subsidized housing options.
The Days on Market (DOM) figure is not available, but this could be due to the low volume of transactions in the area, which might indicate a slower-moving market.
Given the reliance on government-assisted housing, investors should consider the stability of federal funding and the impact of such support on long-term investment viability.

Investors looking to enter the ZIP 16436 market should focus on properties that can meet or slightly exceed the Fair Market Rent without exceeding the affordability threshold of the local economy. With a median home value well below national averages and a notable percentage of renters, there's potential for steady returns through rental income, especially if tied to government subsidy programs. However, the absence of recent market rent data and DOM figures suggests caution is needed when assessing the speed and liquidity of the local real estate market. Long-term stability and returns will likely depend on the continued support of government housing initiatives, given the local economic conditions.

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.