Location: Huntingdon County, PA | Metro: Huntingdon County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $870 |
| 1 Bedroom | $940 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,480 |
| 4 Bedrooms | $1,790 |
| 5 Bedrooms | $2,076 |
| 6 Bedrooms | $2,325 |
| 7 Bedrooms | $2,511 |
| 8 Bedrooms | $2,637 |
U.S. Census Bureau data (2024)
The ZIP code 16623 presents several challenges for landlords considering participation in the Section 8 program. Tenant turnover is a significant concern, with the market rent at $1,069 compared to the Fair Market Rent (FMR) of $1,030 for fiscal year 2026. This slight discrepancy suggests that landlords might struggle to retain tenants who qualify for Section 8 vouchers, as they may be drawn to properties offering slightly higher rents.
Vacancy exposure is another risk factor. The data does not provide a specific number of days on the market (DOM), which makes it difficult to predict how long it might take to fill a vacancy. Given the high renter density in this area, landlords should prepare for potential competition from non-participating properties, which could prolong the time needed to secure a tenant.
The deferred-maintenance exposure is also notable. With a typical home value of $190,869 and a median income of $61,667, landlords must consider the financial strain on residents. Lower incomes might lead to deferred maintenance issues, where tenants cannot afford necessary repairs. Landlords will need to be proactive in addressing any maintenance requests to avoid potential conflicts and ensure compliance with housing standards.
Despite these risks, the high concentration of renters, comprising 7.5% of the population, indicates a robust demand for rental properties, including those accepting Section 8 vouchers. High renter density often translates into a larger pool of potential tenants, reducing the likelihood of prolonged vacancies.
Verdict: Moderate risk for a first-time Section 8 landlord.
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.