Section 8 Fair Market Rent (FMR) for ZIP 16685 - 2027

Location: Huntingdon County, PA | Metro: Huntingdon County, PA

FY 2027 Fair Market Rent Rates

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

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

303

Median Household Income

$140,313

Housing Units

167

Renter Percentage

7.1%

Occupancy Rate

59.3%

Renter Occupied

The Fair Market Rent (FMR) for ZIP code 16685 is set at $970 for the fiscal year 2026. This figure represents the maximum amount that a landlord can charge for rent under the Section 8 program. It's important to note that this is not the actual rent you would charge your tenants; rather, it's the payment standard used by the housing authority to determine the maximum subsidy for eligible families.

In ZIP 16685, there is a significant demand for affordable housing, with 7.1% of the population being renters who rely on assistance programs like Section 8. This indicates that there are many potential tenants who could benefit from your property being part of the Section 8 program. However, the local median home value stands at $224,021, which is the price range you might expect if you were looking to acquire a property in this area.

To put this into perspective, let's break down the implications:

Demand: With 7.1% of the population relying on rental assistance, there is a steady pool of potential tenants. This ensures that your property will likely remain occupied, reducing the risk of vacancy.
Acquisition Cost: The median home value of $224,021 gives you an idea of the investment required to enter the market. Keep in mind that this is an average, and actual prices may vary depending on the condition and location of the property.
Rental Income: Under the Section 8 program, the rent you receive will be determined by the housing authority but cannot exceed the FMR of $970. Tenants typically pay a portion of their income towards rent, with the government covering the rest up to this limit.

Before deciding to participate in the Section 8 program with a rental property in ZIP 16685, verify that the property meets all the necessary requirements set by the local housing authority. These requirements include standards for habitability, safety, and maintenance. Ensuring compliance will help you avoid any issues that could arise during the application process or while managing the property.

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.