Location: York-Hanover, 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 | $920 |
| 1 Bedroom | $1,010 |
| 2 Bedrooms | $1,260 |
| 3 Bedrooms | $1,650 |
| 4 Bedrooms | $1,700 |
| 5 Bedrooms | $1,972 |
| 6 Bedrooms | $2,209 |
| 7 Bedrooms | $2,386 |
| 8 Bedrooms | $2,505 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,260 | $235,626 | 0.53% | F |
| 3BR | $1,650 | $295,444 | 0.56% | F |
| 4BR | $1,700 | $401,462 | 0.42% | F |
| 5BR | $1,972 | $433,097 | 0.46% | F |
U.S. Census Bureau data (2024)
1110 is the Fair Market Rent (FMR) for ZIP code 17070 in New Cumberland, Pennsylvania, for fiscal year 2024, indicating the maximum rental amount allowed under the program. 1040 is the Zillow Observed Rent Index (ZORI), showing the actual average rent for the area, which is slightly below the FMR. This suggests that landlords participating in Section 8 can potentially receive above-average market rents. 292720 is the median home value in the area, reflecting a relatively stable housing market. 23.8 percent of the population are renters, a figure that underscores the importance of rental properties in the local economy. 88000 is the median income level, providing insight into the economic status of residents and their ability to afford housing. While the days on market (DOM) data is not available, the 0.1 percent price-cut share indicates that very few properties have been reduced in price, suggesting strong demand for both rentals and homes.
Investors looking to enter the New Cumberland market should note that the gap between the ZORI and FMR provides an opportunity for positive cash flow. Additionally, the low price-cut share implies that rental properties can be priced competitively without significant reductions, ensuring steady occupancy rates. The relatively high median home value also points towards a robust local economy, which can support higher rental incomes over time. However, the 23.8 percent renter share suggests that while there is a demand for rentals, it may not be as high as in urban areas. Nonetheless, the combination of favorable FMRs and a stable housing market makes New Cumberland an attractive option for Section 8 investments.
The verdict for Section 8 participation in New Cumberland, PA is positive, given the favorable FMR compared to market rents and the stable local economy.
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.