Location: Harrisburg-Carlisle, PA | Metro: Harrisburg-Carlisle, PA MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,170 |
| 1 Bedroom | $1,290 |
| 2 Bedrooms | $1,610 |
| 3 Bedrooms | $2,070 |
| 4 Bedrooms | $2,120 |
| 5 Bedrooms | $2,459 |
| 6 Bedrooms | $2,754 |
| 7 Bedrooms | $2,974 |
| 8 Bedrooms | $3,123 |
The analysis of ZIP code 17126 in the Harrisburg-Carlisle, PA MSA reveals several key points for landlords and small-portfolio investors.
The Fair Market Rent (FMR) for ZIP 17126 in fiscal year 2024 is set at $1270. However, without specific market rent data, it's impossible to determine if the rent math works in favor of landlords. The FMR provides a benchmark, but actual profitability depends on the local rental market conditions.
Regarding property acquisition, the lack of specific median home values, days on market (DOM), and the percentage of homes that require price cuts makes it challenging to assess affordability. These metrics are crucial for understanding how quickly properties sell and at what price point, which directly impacts an investor's ability to acquire properties at favorable terms.
Tenant demand is another critical factor. With no specific population figures or percentage of renters available, it's difficult to gauge the potential pool of tenants. A higher percentage of renters generally indicates a stronger demand for rental properties, which can be beneficial for landlords and investors looking to fill units.
Verdict: While the Fair Market Rent for ZIP 17126 is established at $1270, the absence of detailed local market data—such as median home values, days on market, price cut percentages, and population demographics—limits a comprehensive assessment of the area's investment viability. To make informed decisions, landlords and small-portfolio investors should seek out additional, up-to-date information on these metrics to fully understand the potential returns and challenges associated with investing in this ZIP code.
Data Sources: FMR data from HUD (2027).
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.