Location: Clearfield County, PA | Metro: Clearfield County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $920 |
| 1 Bedroom | $1,010 |
| 2 Bedrooms | $1,280 |
| 3 Bedrooms | $1,680 |
| 4 Bedrooms | $1,680 |
| 5 Bedrooms | $1,949 |
| 6 Bedrooms | $2,183 |
| 7 Bedrooms | $2,358 |
| 8 Bedrooms | $2,476 |
U.S. Census Bureau data (2024)
The ZIP code 16878, with a population of 1,783, is characterized by a relatively modest rental market presence. Only 18.2% of the residents are renters, indicating that this area is predominantly homeowner-dominated rather than renter-heavy. This suggests that the demand for Section 8 vouchers might be lower compared to areas with higher percentages of renters.
The median household income in this ZIP code stands at $62,169. The average market rent of $934 represents approximately 15% of the median income when calculated annually. This percentage is derived from the monthly rent figure, which, when multiplied by 12, amounts to $11,208 per year. Given the median income, this equates to about 18% of their annual income spent on rent alone, before considering other living expenses.
Comparatively, the Fair Market Rent (FMR) for the metro area, set at $1,240 for FY 2026, exceeds the current market rent by about $306 per month. This discrepancy implies that tenants in ZIP 16878 might find it challenging to secure housing through Section 8 vouchers if they seek properties priced at the FMR level, as the local market rents are lower. Landlords who accept vouchers in this ZIP would likely need to adjust their expectations regarding rental prices.
A landlord in ZIP 16878 should anticipate tenants who are financially constrained but still able to meet the requirements of a Section 8 voucher program. These tenants will typically have incomes below the area median, often relying on assistance to cover the cost of housing. The limited rental market and the lower proportion of renters mean that competition for voucher-assisted tenancy could be less intense than in more urbanized areas, though it also means that the overall pool of potential tenants is smaller.
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.