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)
The ZIP code 16652 in Huntingdon, PA, stands out due to its unique demographic and economic characteristics. With a population of 15,866 residents, it has a rental rate of 26.6%, indicating a significant portion of the community lives in rented properties. The median income in the area is $68,339, which places it above the national average, while the median home value is $189,482, reflecting a stable housing market.
For landlords and small-portfolio investors, the key focus should be on the voucher economics. The Fair Market Rent (FMR) for ZIP 16652 for fiscal year 2024 is set at $1320. This is notably higher than the market rent of $839, as reported by the Census Bureau's American Community Survey (ACS). This disparity suggests that landlords can potentially receive higher rents through Section 8 vouchers compared to the typical market rates, making it a favorable option for property owners seeking consistent and government-backed rental income.
Evaluating the overall data signature, ZIP 16652 appears to be in a stable phase. The relatively high median income supports a steady demand for both rental and owned homes, and the presence of Section 8 vouchers offers an additional layer of financial security for landlords. However, the significant difference between the FMR and market rent could indicate a transitional period where the local rental market is adjusting to federal standards. For investors, this means there is potential for growth in rental values, but also a need to monitor market trends closely to ensure long-term stability.
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.