Location: Clearfield County, PA | Metro: Clearfield County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $790 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,380 |
| 4 Bedrooms | $1,400 |
| 5 Bedrooms | $1,624 |
| 6 Bedrooms | $1,819 |
| 7 Bedrooms | $1,965 |
| 8 Bedrooms | $2,063 |
U.S. Census Bureau data (2024)
ZIP 16680, located in Clearfield County, PA, should be considered a cash-flow anchor within a Section 8 portfolio strategy. The median family income in the area is $81,827, and the median home value stands at $128,904. This makes the area highly suitable for Section 8 tenants who require affordable housing.
The Fair Market Rent (FMR) for ZIP 16680 in fiscal year 2026 is set at $980. This aligns perfectly with the market rent of $980, indicating no significant spread between the two figures. This alignment ensures steady cash flow for landlords and small-portfolio investors without the risk of losing tenants due to rent hikes.
A recent sale in ZIP 16680 was a property listed at $219,900, which sold for $220,000 after being on the market for 201 days. Another property, listed at $80,000, sold for $75,000 after just 22 days on the market. These examples illustrate the stability of the local real estate market, making it a reliable cash-flow anchor.
With a renter share of 7.5%, the area also offers opportunities for diversification within a broader investment strategy. However, given the specific alignment of FMR and market rents, the primary focus for Section 8 landlords and investors should be on the cash-flow anchor aspect of ZIP 16680.
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.