Location: Fulton County, PA | Metro: Fulton County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $750 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,210 |
| 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)
970 FMR (metro FY 2026) stands as the benchmark for rental affordability in ZIP 17223, indicating the maximum rental cost for a two-bedroom apartment under the Section 8 program. 563 market rent (Census ACS) reflects the average rent paid by tenants in the area, which is significantly below the FMR, suggesting a potential gap between what tenants can afford and what landlords could charge under Section 8. 215,084 median home value underscores the property values in this region, providing context for investment decisions beyond just rentals. 17.6% renter share highlights the proportion of residents who are likely to be interested in rental properties, including those seeking assistance through Section 8. 38,355 median income points to the economic status of the residents, which is crucial for assessing the financial health of potential tenants. N/A-day DOM and N/A% price-cut share indicate that there's no specific data on how long homes stay on the market or the frequency of price reductions, possibly due to limited sales activity or recent data collection. This absence of data on days on market and price-cut shares does not necessarily reflect poorly on the area but rather the nature of its housing market. Given the significant difference between the 563 market rent and the 970 FMR, landlords and small-portfolio investors should consider the benefits of participating in Section 8 to ensure steady occupancy and cash flow, especially in an area where the majority of residents are renters and the median income is lower than the national average.
Section 8 verdict: A viable option for maintaining stable occupancy and cash flow in ZIP 17223.
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.