Location: Potter County, PA | Metro: Potter County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,350 |
| 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 ZIP code 16915 stands out in County XX with its unique demographic and economic profile. With a population of 5,600 residents, it has a rental rate of 22.9%, indicating a significant portion of the community relies on housing rentals. The median income for households in this area is $61,781, while the median home value sits at $180,715, reflecting a middle-class neighborhood where homeownership is valued but not universally attainable.
In terms of Section 8 voucher economics, the Fair Market Rent (FMR) for ZIP 16915 is set at $1,010 for fiscal year 2026, which is notably higher than the current market rent of $922 as reported by the Census Bureau's American Community Survey (ACS). This discrepancy suggests that landlords accepting Section 8 vouchers can potentially earn more per unit compared to the local market rates, making it an attractive option despite the bureaucratic processes involved.
The data signature for ZIP 16915 reads as stable. The relatively high median home value alongside a moderate rental rate indicates a balanced housing market where both ownership and rental options coexist without significant volatility. Landlords and small-portfolio investors should find this environment predictable and conducive to long-term investment strategies.
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.