Location: Snyder County, PA | Metro: Juniata County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $720 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,290 |
| 4 Bedrooms | $1,490 |
| 5 Bedrooms | $1,728 |
| 6 Bedrooms | $1,935 |
| 7 Bedrooms | $2,090 |
| 8 Bedrooms | $2,195 |
U.S. Census Bureau data (2024)
The ZIP code 17086 is situated in a suburban neighborhood characterized by a modest population of 1,982 residents, where nearly 30% of the inhabitants are renters. The median household income stands at $61,875, indicating a middle-class community. With a median home value of $220,631, it's clear that homeownership is relatively affordable compared to larger metropolitan areas.
Turning to the rent economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $970. However, the actual market rent, according to Census ACS data, is significantly lower at $698. This discrepancy suggests that there is room for rental rates to increase, potentially aligning more closely with the FMR in the future.
Given these economic conditions, ZIP 17086 is better suited for a hands-on value-add buyer rather than a hands-off voucher operator. The lower market rents present an opportunity for landlords who are willing to invest in property improvements and manage their properties actively to capture higher rental yields as the market adjusts. A hands-off approach might miss out on the potential to capitalize on the growing demand for rental properties and the likely upward trend in rental values.
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.