Location: Clearfield County, PA | Metro: Clearfield County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,340 |
| 4 Bedrooms | $1,340 |
| 5 Bedrooms | $1,554 |
| 6 Bedrooms | $1,740 |
| 7 Bedrooms | $1,879 |
| 8 Bedrooms | $1,973 |
U.S. Census Bureau data (2024)
ZIP code 16839, located within the Clearfield County, PA metro area, exhibits characteristics that position it as a value pocket compared to typical ZIP codes in the same county. The Fair Market Rent (FMR) for ZIP 16839 stands at $980 for fiscal year 2026, which is likely below the average for the broader metro area given the absence of specific market rent data. This suggests that rental properties in this ZIP code are more affordable than those in other parts of Clearfield County.
The median home value in ZIP 16839 is $96,777. This figure is notably lower than the typical home values found in Clearfield County, indicating that homeownership is relatively more accessible and cost-effective here. However, the lack of a significant renter population, as evidenced by the 0.0% renter share, implies that most residents own their homes rather than renting.
In the context of Section 8 real estate analysis, the combination of low FMR and below-average home values without a substantial renter share means that ZIP 16839 is less likely to be a sweet spot for Section 8 tenants. Typically, a high renter share coupled with below-metro home values would signal a prime location for Section 8 vouchers. However, since the renter share in ZIP 16839 is zero, landlords and small-portfolio investors should focus on the potential for affordable housing and possibly consider strategies to attract renters who might benefit from Section 8 assistance.
To provide a comprehensive analysis, it's important to note that while the data points towards ZIP 16839 being a value pocket, the absence of market rent data makes it challenging to draw definitive conclusions about its attractiveness to Section 8 participants. Landlords should monitor local trends and consider the broader economic context of Clearfield County when evaluating investment opportunities in ZIP 16839.
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.