Location: Clinton County, PA | Metro: Clinton County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $850 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,080 |
| 3 Bedrooms | $1,410 |
| 4 Bedrooms | $1,670 |
| 5 Bedrooms | $1,937 |
| 6 Bedrooms | $2,169 |
| 7 Bedrooms | $2,343 |
| 8 Bedrooms | $2,460 |
U.S. Census Bureau data (2024)
The Section 8 market analysis for ZIP code 16848 within the Clinton County, PA metro area reveals a complex landscape for landlords and small-portfolio investors. The HUD Fair Market Rent (FMR) for the metro area, effective for fiscal year 2026, is set at $970. However, the current market rent data for ZIP 16848 is unavailable, making it difficult to directly compare the FMR against prevailing rental rates.
Given the absence of specific market rent figures, we can infer that voucher tenants will likely cashflow at the FMR rate, assuming the FMR is above the average local rent. This inference is based on typical housing market dynamics where FMRs are designed to cover the majority of rental costs in a given area. However, without precise local rent data, this conclusion remains speculative.
The median home value for ZIP 16848 is also not available, which means deriving an exact rent-to-price ratio is impossible. Nonetheless, the lack of such data suggests that the area might be more rental-focused rather than owner-occupied, potentially indicating a strong demand for rental properties.
Regarding days on market (DOM) and the percentage of price cuts, both figures are not provided. These metrics would typically help us understand the speed of property turnover and the flexibility required in pricing for sales, which could influence the rent-vs-buy dynamics. In their absence, we cannot provide a detailed analysis of these factors.
The strongest angle for investors in ZIP 16848 appears to be cashflow. With the HUD FMR covering most rental costs, landlords can expect steady income from voucher tenants, provided the FMR indeed exceeds local rent averages. This makes the area attractive for those seeking reliable, consistent returns from their investment properties.
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.