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 |
U.S. Census Bureau data (2024)
ZIP code 18814 stands out due to its exceptionally low population count, with only 200 residents. This makes it one of the smallest ZIP codes in terms of population, which can be a significant factor for landlords and small-portfolio investors. The rental rate at 27.5% is slightly below average, indicating that a majority of the residents own their homes. However, the median income of $60,000 provides a stable financial base for both renters and homeowners. Despite this, the median home value is listed as N/A, suggesting limited data on property values or an unusual distribution of housing types.
Moving to voucher economics, the Fair Market Rent (FMR) for ZIP 18814 is set at $1,070 for fiscal year 2026. This figure represents the amount that HUD determines to be reasonable for rent in the area. In contrast, the current market rent based on Census ACS data is $925, indicating a potential premium for Section 8 tenants. Landlords accepting Section 8 vouchers could benefit from higher rents compared to the local market average, making it a viable option for those looking to maximize returns.
The data signature for ZIP 18814 reads as stable. With a consistent median income and a clear gap between FMR and market rents, there is little indication of rapid change or instability. For small-portfolio investors and landlords, this ZIP code presents a predictable environment where Section 8 vouchers can provide a steady stream of tenants willing to pay above-market rates. Given the small population, it's crucial to understand the local demand and competition before investing heavily in rental properties.
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.