Section 8 Fair Market Rent (FMR) for ZIP 16825 - 2027
Location: Clearfield County, PA | Metro: Clearfield County, PA
FY 2027 Fair Market Rent Rates
| Unit Size |
Monthly FMR |
| Studio | $820 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,510 |
| 4 Bedrooms | $1,510 |
| 5 Bedrooms | $1,752 |
| 6 Bedrooms | $1,962 |
| 7 Bedrooms | $2,119 |
| 8 Bedrooms | $2,225 |
Demographics & Housing Statistics
U.S. Census Bureau data (2024)
Median Household Income
$54,844
To determine if you should buy in ZIP code 16825 for Section 8 investment, follow these steps:
- Does FMR $1,140 (metro FY 2026) clear debt service on a property?
- If the answer is yes, proceed to the next question.
- If the answer is no, then do not invest in this ZIP code for Section 8 purposes. The Federal Market Rent (FMR) must be sufficient to cover your debt service to ensure profitability.
- Is market rent above, at, or below FMR?
- If market rent is above FMR, it suggests that the area is more desirable and can command higher rents, but it also means that Section 8 tenants might struggle to find housing here.
- If market rent is at or near FMR, this indicates a balanced market where Section 8 rents align well with what tenants can afford, making it a viable option.
- If market rent is below FMR, it implies that the local rental market is less competitive, and Section 8 rents could provide a stable income stream.
- Are 32.1% renters + N/A-day DOM enough demand?
- A 32.1% rental rate suggests a moderate demand for rental properties in the area. However, without knowing the days on market (DOM), it's difficult to assess how quickly properties are being rented out.
- If DOM is low, it indicates strong demand and quick turnover, which is positive for a Section 8 investment.
- If DOM is high, it signals weaker demand or other issues that could affect your ability to consistently lease properties.
The final decision hinges on whether the FMR clears debt service, how market rents compare to the FMR, and the balance between rental rates and DOM. For a definitive yes, you need a positive outcome on all three points. A negative on any point leads to an it depends or no scenario, respectively.
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.