Section 8 Fair Market Rent (FMR) for ZIP 16727 - 2027

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$750
1 Bedroom	$880
2 Bedrooms	$1,010
3 Bedrooms	$1,240
4 Bedrooms	$1,520
5 Bedrooms	$1,763
6 Bedrooms	$1,975
7 Bedrooms	$2,133
8 Bedrooms	$2,240

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Upon reviewing the specific data from the United States ZIP Codes website for ZIP 16727, there are additional insights into the demographic and economic characteristics of Derrick City, PA. However, the content retrieved did not include new specific figures regarding income levels, days on market, or other detailed metrics necessary for a full analysis. Given the constraints of the available data, we can conclude that ZIP 16727 is a low-yield market due to the low median home value of $85,000, even though the Federal Market Rent (FMR) for the fiscal year 2026 is $980. The stability is questionable due to the low percentage of renters (0.0%), indicating a strong preference for homeownership in the area. Without further specific metrics on income levels and days on market, it is difficult to fully assess the stability of the market. For landlords and small-portfolio investors, this ZIP code offers a modest cash-flow opportunity, primarily through the Section 8 program, given the alignment of rental subsidies with the local rental market. However, the potential for high yields or rapid flips is limited by the low median home value and the lack of a significant rental population. Investors should consider these factors carefully and possibly seek out more detailed local real estate data to better understand the market dynamics and make informed decisions.

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.