Location: Tioga County, PA | Metro: Tioga County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,380 |
| 4 Bedrooms | $1,440 |
| 5 Bedrooms | $1,670 |
| 6 Bedrooms | $1,870 |
| 7 Bedrooms | $2,020 |
| 8 Bedrooms | $2,121 |
U.S. Census Bureau data (2024)
The $1,090 Fair Market Rent (FMR) for the metro area in fiscal year 2026 is a key figure for landlords and small-portfolio investors considering Section 8 properties. While the exact median home value for ZIP 16911 is not provided, the high median income suggests that there might be a mix of homeowners and renters, with 4.5% of the population being renters.
This ZIP code can help diversify a portfolio by providing exposure to a higher-income area. Diversification is crucial for reducing overall risk and ensuring steady cash flow from various sources. Although the appreciation potential and cash flow spread cannot be definitively determined without specific market data, the presence of a diverse income base indicates that this area is less likely to experience extreme volatility compared to lower-income areas.
To further refine the strategy, consider the following:
In conclusion, ZIP 16911 is best suited as a diversifier within a Section 8 portfolio strategy due to its high median income and moderate renter share. It offers a balanced approach to investing, providing both stability and potential for long-term growth.
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.