Housing market/Pennsylvania/ZIP 16801

ACS 2023 · FY2027 SAFMR

ZIP 16801 State College, Pennsylvania

State College, PA MSA · Pennsylvania. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
42,153
Households
17,166
Median HH income
$62,821
Renter share
56.3%
Median gross rent
$1,221
Vacancy
10.8%
Pop. change
-5.6%
2BR SAFMR
$1,670
SAFMR / rent
1.368×
2–49 unit stock
6,428
LIHTC proj / units
8 / 357
HUD assisted MF
1 / 150

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 16801 · PA — sent to you.

ZIP 16801 · PA

ACS median rent$1,221
2BR SAFMR$1,670
90% floor$1,503
110% ceiling$1,837

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

Housing stock

ACS 2023 units-in-structure · ZCTA 16801

  • 1-unit detached7,83740.8%
  • 1-unit attached1,6538.6%
  • 2–4 units1,4557.6%
  • 5–49 units4,97325.9%
  • 50+ units3,19916.6%
  • Mobile1010.5%
TypeUnitsShare
1-unit detached7,83740.7%
1-unit attached1,6538.6%
2 units (duplex)7133.7%
3–4 units7423.9%
5–9 units1,5908.3%
10–19 units1,4237.4%
20–49 units1,96010.2%
50+ units3,19916.6%
Mobile1010.5%

2–4 unit share 7.6% · 5–49 unit share 25.8% · combined 2–49 33.4%.

Units by bedrooms

Studio
1,735
1BR
3,066
2BR
4,703
3BR
5,236
4BR
3,675
5+
827

Rent burden

Rent ≥30% of income57.3%
Rent ≥50% of income37.7%
  • ACS median gross rent $1,221 (all bedrooms, occupied rentals).
  • Median contract rent $1,140.
  • Renters paying ≥30% of income 57.3%; ≥50% 37.7%.
  • FY2027 2BR SAFMR $1,670 (1.368× ACS median gross rent).

Population

42,153 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -5.6%.

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

Assisted inventory

  • LIHTC: 8 projects, 357 units.
  • HUD project-based assisted MF: 1 properties, 150 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 15 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 16801 56.3% of occupied households are renters; vacancy is 10.8%; ACS median gross rent is $1,221; population changed -5.6% between the 2018 and 2023 ACS vintages; the housing stock includes 1,455 units in 2–4-unit structures and 4,973 units in 5–49-unit structures; 8 LIHTC projects totaling 357 units; FY2027 2BR SAFMR is $1,670 versus ACS median gross rent of $1,221. 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 16801 is a Census / HUD profile for State College, 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 16801?

ZIP 16801 (State College, PA MSA) has 42,153 residents, 17,166 households, a renter share of 56.3%, median household income of $62,821, and ACS 2023 median gross rent of $1,221. Vacancy is 10.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 16801?

ACS counts 713 units in 2-unit buildings, 742 in 3–4 unit buildings, 1,590 in 5–9, 1,423 in 10–19, and 1,960 in 20–49. Combined 2–49 unit stock is 6,428 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 16801?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,670. See the full schedule and 90–110% payment-standard band on the ZIP 16801 — State College, PA HUD Section 8 Payment Standards / SAFMR.

Does this Pennsylvania ZIP profile include Georgia listings?

No. ZIP 16801 is Census / HUD research for State College, PA MSA. 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.