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 ZIP code 17129 in Harrisburg-Carlisle, PA, stands out due to limited available demographic data. The lack of specific figures for residents, rental percentages, median income, and median home values means that landlords must rely on broader regional trends to inform their decisions.
Despite these data gaps, the Housing Choice Voucher program offers insight into the local rental market. For fiscal year 2024, the Fair Market Rent (FMR) for a studio apartment in ZIP 17129 is set at $1270. This figure is crucial for landlords considering participation in the Section 8 program, as it represents the maximum amount the government will pay for rent and utilities. Without specific market rent data for comparison, landlords should consider the FMR as a benchmark for setting competitive rental rates that align with government assistance levels.
The voucher economics in ZIP 17129 suggest that landlords can expect steady demand from tenants who qualify for the Section 8 program. However, the absence of detailed market rent information complicates the assessment of whether rents are stable or transitional. Given the reliance on government-set FMRs, the rental environment in this ZIP code appears stable, with consistent support from the voucher program ensuring a reliable tenant base.
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.