Location: Huntingdon County, PA | Metro: Huntingdon County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $820 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,410 |
| 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)
ZIP code 16622, located within Huntingdon County, PA, presents an interesting case when compared against the typical characteristics of ZIP codes within the same county. The Fair Market Rent (FMR) for ZIP 16622 stands at $970 for fiscal year 2026, which is a key figure for understanding the rental dynamics in this area.
While the market rent and home value data for ZIP 16622 are currently unavailable, the 26.3% share of renters is noteworthy. This percentage suggests that a significant portion of residents in 16622 rely on rental housing, which can be indicative of the presence of Section 8 tenants or other subsidized housing programs. A higher-than-average renter share often points to areas where Section 8 vouchers are commonly used, creating a stable demand for affordable rental units.
To determine if ZIP 16622 represents a value pocket, a mid-tier neighborhood, or a premium sub-market within its metro, we must consider the FMR alongside the renter share. With an FMR of $970, it's reasonable to infer that this ZIP code could be considered a value pocket, especially if the typical home values and market rents in Huntingdon County, PA, are significantly higher. However, without concrete data on market rents and home values, we cannot definitively classify 16622's position relative to the broader metro area.
The high renter share in conjunction with the FMR of $970 implies that there is a strong presence of affordable housing options in 16622. This combination often signals a Section 8 sweet spot, where landlords can benefit from a steady stream of income through government subsidies while providing much-needed affordable housing to tenants.
In conclusion, based on the available data, ZIP 16622 appears to be a value pocket within Huntingdon County, PA, due to its affordable FMR and significant renter population. Landlords and small-portfolio investors should consider the potential benefits of operating in this ZIP code, particularly if they are looking to participate in the Section 8 program.
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.