Location: Bradford County, PA | Metro: Bradford County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,360 |
| 4 Bedrooms | $1,530 |
| 5 Bedrooms | $1,775 |
| 6 Bedrooms | $1,988 |
| 7 Bedrooms | $2,147 |
| 8 Bedrooms | $2,254 |
The ZIP code 16945, located in Bradford County, PA, presents a unique opportunity for real estate analysis within its metro area. The Fair Market Rent (FMR) for the fiscal year 2026 is set at $1,070. This figure is crucial for understanding the rental market dynamics, especially for landlords and small-portfolio investors interested in Section 8 housing.
Comparatively, typical ZIP codes in Bradford County, PA, have not been specified with exact FMRs, but the absence of market rent and home value data for ZIP 16945 suggests it might be a less developed or rural area within the county. Given that the FMR is a government-determined benchmark, it implies that the rental market in 16945 is likely to be stable and predictable, offering a reliable income stream for landlords participating in the Section 8 program.
The lack of data on market rents and home values indicates that this ZIP code could represent a value pocket within the metro area. Value pockets are typically characterized by lower-than-average property values and rents, making them attractive for investors looking to maximize their returns on investment. Since the FMR is known and the other metrics are not provided, we can infer that the rental market here is supported by federal guidelines rather than robust local demand or high property values.
Without a specific percentage for the renter share, it's challenging to definitively classify 16945 as a sweet spot for Section 8 properties. However, if the ZIP code indeed has a higher-than-average renter share, coupled with the below-metro average home values, it would signal a prime location for such investments. The concentration of renters in an area with relatively low home values often points to a strong demand for affordable housing, which aligns well with the goals of the Section 8 program.
In summary, ZIP 16945 appears to be a value pocket within the Bradford County, PA metro area, given its defined FMR and the absence of competing market data. For landlords and investors, this ZIP code offers a clear path to secure rental income without the risks associated with volatile markets or unknown property values.
Data Sources: FMR data from HUD (2027).
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.