Section 8 Fair Market Rent (FMR) for ZIP 16914 - 2027

Location: Tioga County, PA | Metro: Bradford County, PA

Investment Score for ZIP 16914

D
Monthly Rent (2BR)
$1,250
Median Price (2BR)
$197,320
1% Rule
0.63%
Annual Yield
7.6%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$950
1 Bedroom$960
2 Bedrooms$1,250
3 Bedrooms$1,540
4 Bedrooms$1,730
5 Bedrooms$2,007
6 Bedrooms$2,248
7 Bedrooms$2,428
8 Bedrooms$2,549

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,250 $197,320 0.63% D
3BR $1,540 $236,468 0.65% D
4BR $1,730 $284,105 0.61% D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
2,354
Median Household Income
$68,558
Housing Units
1,095
Renter Percentage
14.1%
Occupancy Rate
81.1%
Renter Occupied
125

The market analysis for Section 8 investors targeting ZIP code 16914, which encompasses Columbia Cross Roads, PA, Bradford County, and Tioga County, PA metro areas, reveals a favorable environment for those seeking stable cash flow. The HUD Fair Market Rent (FMR) for the area, set at $1,130 per month for fiscal year 2026, is higher than the average market rent of $1,076, based on Census ACS data. This indicates that voucher tenants will cashflow at the FMR, providing a positive net income without the need for premium units.

To further understand the investment potential, we can examine the rent-to-price ratio. With a median home value of $212,728, the monthly rent of $1,130 translates to a rent-to-price ratio of approximately 0.67%. This suggests that rental income represents a modest portion of the property's total value, indicating that appreciation rather than rental income might be the primary driver of returns in this market.

In terms of days on market (DOM) and price-cut shares, the data shows these metrics as N/A, which implies that there is insufficient information to assess the typical time it takes to sell a property or the frequency of price reductions. However, given the favorable cash flow situation, it's reasonable to assume that the rental market is relatively stable, supporting long-term investment strategies.

The strongest angle for investors in ZIP 16914 is likely to be stability. The consistent cash flow from voucher tenants combined with the modest rent-to-price ratio points towards a market where properties can be held for long periods with minimal risk, making it an attractive option for those looking for reliable, steady returns.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.