Section 8 Fair Market Rent (FMR) for ZIP 17057 - 2027

Location: Harrisburg-Carlisle, PA | Metro: Harrisburg-Carlisle, PA MSA

Investment Score for ZIP 17057

D
Monthly Rent (2BR)
$1,550
Median Price (2BR)
$208,679
1% Rule
0.74%
Annual Yield
8.91%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,130
1 Bedroom$1,250
2 Bedrooms$1,550
3 Bedrooms$1,990
4 Bedrooms$2,040
5 Bedrooms$2,366
6 Bedrooms$2,650
7 Bedrooms$2,862
8 Bedrooms$3,005

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,550 $208,679 0.74% D
3BR $1,990 $266,136 0.75% D
4BR $2,040 $351,601 0.58% F
5BR $2,366 $398,473 0.59% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
23,560
Median Household Income
$73,407
Housing Units
10,663
Renter Percentage
33.4%
Occupancy Rate
95.8%
Renter Occupied
3,417

The ZIP code 17057 in Middletown, Pennsylvania, stands out within Dauphin County due to its specific demographics and economic indicators. With a population of 23,560 residents, 33.4% of whom are renters, the area reflects a balanced mix of homeowners and tenants. The median income of $73,407 suggests a middle-class community, while the median home value of $260,797 indicates a stable housing market.

In terms of Section 8 vouchers, the Fair Market Rent (FMR) for ZIP 17057 for fiscal year 2024 is set at $1,250. This figure is notably lower than the market rent, which is estimated at $1,320 according to the ZORI index. This discrepancy means that landlords accepting Section 8 vouchers in Middletown might see a slight reduction in rental income compared to market rates, but it also ensures that a significant portion of the local population can afford housing. Given the 33.4% rental rate, there is a substantial demand for affordable housing options.

Considering the data, the overall trend in ZIP 17057 appears to be stable. The relatively low gap between FMR and market rent suggests a well-regulated housing market where Section 8 vouchers can effectively support tenants without drastically undercutting landlord revenues. This stability is further reinforced by the median home value, which has remained steady over recent years, indicating a consistent property market. For small-portfolio investors and landlords, this ZIP code offers a predictable environment with a clear need for affordable housing solutions.

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.