Housing market/Pennsylvania/ZIP 16218

ACS 2023 · FY2027 SAFMR

ZIP 16218 Cowansville, Armstrong County, Pennsylvania

Armstrong County, PA HUD Metro FMR Area · Pennsylvania. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
1,138
Households
415
Median HH income
$72,232
Renter share
12.8%
Median gross rent
$445
Vacancy
21.3%
Pop. change
+19.4%
2BR SAFMR
$1,010
SAFMR / rent
2.270×
2–49 unit stock
7
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 16218 · PA — sent to you.

ZIP 16218 · PA

ACS median rent$445
2BR SAFMR$1,010
90% floor$909
110% ceiling$1,111

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 16218

  • 1-unit detached36769.6%
  • 1-unit attached295.5%
  • 2–4 units71.3%
  • Mobile12423.5%
TypeUnitsShare
1-unit detached36769.6%
1-unit attached295.5%
2 units (duplex)71.3%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile12423.5%

2–4 unit share 1.3% · 5–49 unit share 0.0% · combined 2–49 1.3%.

Units by bedrooms

Studio
5
1BR
41
2BR
128
3BR
212
4BR
129
5+
12

Rent burden

Rent ≥30% of income26.4%
Rent ≥50% of income20.8%
  • ACS median gross rent $445 (all bedrooms, occupied rentals).
  • Median contract rent $350.
  • Renters paying ≥30% of income 26.4%; ≥50% 20.8%.
  • FY2027 2BR SAFMR $1,010 (2.270× ACS median gross rent).

Population

1,138 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +19.4%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 16218 12.8% of occupied households are renters; vacancy is 21.3%; ACS median gross rent is $445; population increased +19.4% between the 2018 and 2023 ACS vintages; the housing stock includes 7 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,010 versus ACS median gross rent of $445. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Pennsylvania research

ZIP 16218 is a Census / HUD profile for Armstrong County, PA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Pennsylvania research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 16218?

ZIP 16218 (Armstrong County, PA HUD Metro FMR Area) has 1,138 residents, 415 households, a renter share of 12.8%, median household income of $72,232, and ACS 2023 median gross rent of $445. Vacancy is 21.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 16218?

ACS counts 7 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 7 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 16218?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,010. See the full schedule and 90–110% payment-standard band on the ZIP 16218 — Cowansville, PA HUD Section 8 Payment Standards / SAFMR.

Does this Pennsylvania ZIP profile include Georgia listings?

No. ZIP 16218 is Census / HUD research for Armstrong County, PA HUD Metro FMR Area. Jeff Crowe CRE does not list Pennsylvania property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.