Location: Clinton County, PA | Metro: State College, PA MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,070 |
| 1 Bedroom | $1,080 |
| 2 Bedrooms | $1,270 |
| 3 Bedrooms | $1,590 |
| 4 Bedrooms | $1,690 |
| 5 Bedrooms | $1,960 |
| 6 Bedrooms | $2,195 |
| 7 Bedrooms | $2,371 |
| 8 Bedrooms | $2,490 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,270 | $188,147 | 0.68% | D |
| 3BR | $1,590 | $217,063 | 0.73% | D |
| 4BR | $1,690 | $229,599 | 0.74% | D |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP 16822, Beech Creek, PA, in fiscal year 2024 is set at $1160. This figure represents the maximum amount that a landlord can receive from the Housing Choice Voucher program, also known as Section 8, for renting out a unit in this area. It's important to note that this is the payment standard, not the actual rent that tenants will pay. Tenants typically cover the difference between the FMR and their portion of the rent.
To put this into perspective, the average rent in Beech Creek, PA, as reported by the Census Bureau's American Community Survey, is $672 per month. This indicates that the FMR is significantly higher than the typical market rate, which could be advantageous for landlords participating in the Section 8 program. The higher FMR ensures that landlords receive a more stable and predictable income compared to the fluctuating market rates.
The FMR of $1160 suggests a strong demand for affordable housing in the area. According to the data, 16.5% of residents are renters, indicating that a substantial portion of the population relies on rental properties. This percentage also implies that there is a consistent need for rental units, particularly those that fall under the affordable category. Landlords who provide Section 8 rentals can expect a steady stream of interested tenants.
When it comes to acquiring a property in Beech Creek, PA, the median home value is approximately $195,048. This figure can help potential landlords understand the financial commitment required to enter the market. While the initial investment might seem significant, the FMR provides a benchmark for the rental income that can be expected from a Section 8 tenant, making it a viable option for those looking to stabilize their cash flow.
Before proceeding with a Section 8 rental, one critical step is to ensure that the property meets all necessary inspection criteria. The Housing Authority will conduct an inspection to confirm that the unit is safe, decent, and sanitary. This process is non-negotiable and must be passed for a tenant to move in. Landlords should familiarize themselves with these requirements to avoid delays or disqualifications.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.