Location: Tioga County, PA | Metro: Tioga County, PA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $750 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | $1,410 |
| 5 Bedrooms | $1,636 |
| 6 Bedrooms | $1,832 |
| 7 Bedrooms | $1,979 |
| 8 Bedrooms | $2,078 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,070 | $184,006 | 0.58% | F |
| 3BR | $1,350 | $230,514 | 0.59% | F |
| 4BR | $1,410 | $277,963 | 0.51% | F |
U.S. Census Bureau data (2024)
In Lawrenceville, Pennsylvania, specifically ZIP code 16929, the real estate landscape presents a nuanced picture for both landlords and small-portfolio investors. The median home value stands at $223,701, a figure that serves as a foundational metric for understanding the local housing market's valuation. While the percentage of listings that have been reduced and the median days on market (DOM) are currently unavailable, these metrics typically indicate the health and speed of the sales process. In their absence, we must focus on the available data to draw insights.
The Forward Monthly Rent (FMR) for the metro area is projected at $1,080 for fiscal year 2026, compared to the current market rate of $864 based on Census American Community Survey (ACS) data. This gap signals an opportunity for landlords to potentially increase rental rates without losing tenants, given the anticipated rise in fair market values. However, it also suggests a competitive environment where maintaining occupancy will require balancing rent increases with affordability.
For long-term investors, the setup implies a realistic appreciation thesis. With the median home value and the expected rise in rental rates, there is a strong indication that property values in Lawrenceville could appreciate over the next 12 to 24 months. This appreciation is likely driven by factors such as economic growth, population trends, and improvements in infrastructure that could positively impact the region's desirability. However, it is crucial to consider the broader economic context and any potential changes in federal or state policies that might influence the housing market.
The current market conditions, characterized by a lower-than-projected rental rate, suggest that there is room for growth in the rental sector. Landlords and investors can leverage this to enhance their returns, but they must be cautious about the pace of rent increases to avoid tenant turnover. The combination of the median home value and the expected rise in rental rates points towards a market that is poised for upward movement, providing a favorable environment for those looking to hold properties for longer periods.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.