Section 8 Fair Market Rent (FMR) for ZIP 17014 - 2027
Location: Juniata County, PA | Metro: Juniata County, PA
FY 2027 Fair Market Rent Rates
| Unit Size |
Monthly FMR |
| Studio | $780 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,360 |
| 4 Bedrooms | $1,600 |
| 5 Bedrooms | $1,856 |
| 6 Bedrooms | $2,079 |
| 7 Bedrooms | $2,245 |
| 8 Bedrooms | $2,357 |
Demographics & Housing Statistics
U.S. Census Bureau data (2024)
Median Household Income
$N/A
To determine if a landlord should buy in ZIP code 17014 for Section 8 purposes, follow this decision tree:
- 1) Does FMR $1,070 (metro FY 2026) clear debt service on a property?
- If the landlord's debt service (including mortgage payments, taxes, insurance, and maintenance) per unit is less than $1,070, then the answer is yes. The Fair Market Rent (FMR) will cover these costs.
- If the landlord's debt service exceeds $1,070, then the answer is no. The FMR will not be sufficient to cover the expenses.
- 2) Is market rent above, at, or below FMR?
- If the market rent is above $1,070, the landlord can consider non-Section 8 tenants who might pay higher rates.
- If the market rent is at or near $1,070, the landlord should focus on Section 8 tenants exclusively.
- If the market rent is below $1,070, the landlord must rely solely on Section 8 vouchers and may face lower rental income compared to other areas.
- 3) Are 0.0% renters + N/A-day DOM enough demand?
- The data indicates that there are currently 0.0% renters in the area, which suggests a lack of demand for rental properties. This makes it difficult to secure tenants regardless of the voucher program.
- The Days on Market (DOM) value is not available, which would normally help assess how quickly properties are rented out. Without this information, it's challenging to gauge the speed of finding tenants.
- Given the 0.0% renters, the answer is no. There isn't enough demand to justify purchasing a property for Section 8 tenants.
The decision to invest in ZIP 17014 for Section 8 properties hinges on these factors. If the debt service is covered by the FMR and market rents are competitive, a landlord might still proceed despite low overall demand. However, the 0.0% renters statistic strongly suggests that demand for rentals is insufficient, making this a risky investment without further investigation into local trends and availability of Section 8 vouchers.
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.