Location: Harrisburg-Carlisle, PA | Metro: Harrisburg-Carlisle, PA MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $980 |
| 1 Bedroom | $1,080 |
| 2 Bedrooms | $1,340 |
| 3 Bedrooms | $1,720 |
| 4 Bedrooms | $1,760 |
| 5 Bedrooms | $2,042 |
| 6 Bedrooms | $2,287 |
| 7 Bedrooms | $2,470 |
| 8 Bedrooms | $2,594 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,340 | $223,991 | 0.6% | F |
| 3BR | $1,720 | $263,459 | 0.65% | D |
| 4BR | $1,760 | $371,064 | 0.47% | F |
U.S. Census Bureau data (2024)
Lemoyne, Pennsylvania, located in Cumberland County and designated by ZIP code 17043, stands out among other communities due to its unique demographic and economic characteristics. With a total population of 5,852 residents, Lemoyne has a significant rental market, with 48.1% of its residents renting their homes. The median household income in Lemoyne is $61,173, indicating a middle-class community. The median home value is notably higher at $266,052, reflecting the area's stable housing market.
The economics of Section 8 vouchers in Lemoyne are particularly advantageous for landlords. The Fair Market Rent (FMR) for the ZIP code for fiscal year 2024 is set at $1,130, which is significantly lower than the market rent, estimated at $1,510 according to the Zillow Rent Index (ZORI). This means that landlords can potentially receive a higher subsidy relative to the actual market rent, making it more profitable to accept Section 8 tenants. The gap between the FMR and the ZORI suggests that there is room for landlords to negotiate higher rents while still benefiting from the voucher program.
Based on the data signature, Lemoyne appears to be a stable ZIP code. The relatively high median home value alongside a moderate median income indicates a balanced housing market where both homeownership and rental properties coexist. The substantial difference between the FMR and market rent further supports the idea that Lemoyne offers a favorable environment for landlords participating in the Section 8 program. Landlords and small-portfolio investors should take advantage of these conditions to maximize their returns while providing affordable housing options to eligible tenants.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.