Location: Juniata County, PA | Metro: Juniata County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,280 |
| 4 Bedrooms | $1,510 |
| 5 Bedrooms | $1,752 |
| 6 Bedrooms | $1,962 |
| 7 Bedrooms | $2,119 |
| 8 Bedrooms | $2,225 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 17094 in the metro area for fiscal year 2026 is set at $970. This figure represents the maximum amount that a landlord can receive through the Section 8 program, which is a subsidy paid directly to you on behalf of eligible tenants. It is important to note that this is not the rent you will charge your tenant; rather, it is the payment standard used by the Housing Choice Voucher program.
In comparison, the average rent in ZIP 17094, according to the Census Bureau's American Community Survey (ACS), is $719. This suggests that the Section 8 payment standard is higher than the typical market rate, potentially providing a financial advantage to landlords who participate in the program.
The renter share in ZIP 17094 stands at 19.7%. This indicates that nearly one-fifth of the households in this area are renters, creating a steady demand for rental properties. With a high percentage of renters, there is a strong likelihood that a Section 8 tenant will be able to find suitable housing in this area.
The median home value in ZIP 17094 is approximately $222,337. This figure reflects the typical price range for acquiring a property in this area. If you're considering purchasing a property for your first Section 8 rental, this gives you an idea of the investment required.
Before proceeding with a Section 8 rental, ensure that the property meets all the necessary inspection criteria set by the local housing authority. This includes safety, health, and structural standards, which are essential for securing a Section 8 contract. Failure to meet these requirements can result in delays or rejection of your application to participate in the program.
To summarize, the FMR of $970 offers a guaranteed income level that exceeds the local average rent of $719. The 19.7% renter share ensures a consistent demand for rentals, while the median home value of $222,337 provides insight into the potential acquisition cost. However, the key step is verifying that your property passes the required inspections, ensuring compliance with the Section 8 program's standards.
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.