Location: Huntingdon County, PA | Metro: Fulton County, PA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $810 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,680 |
| 5 Bedrooms | $1,949 |
| 6 Bedrooms | $2,183 |
| 7 Bedrooms | $2,358 |
| 8 Bedrooms | $2,476 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,010 | $150,753 | 0.67% | D |
| 3BR | $1,390 | $188,106 | 0.74% | D |
U.S. Census Bureau data (2024)
The classification of ZIP 17264, located in Three Springs, PA, can be analyzed through the lens of yield and stability. Yield refers to the financial return on investment, while stability pertains to the consistency and reliability of that return.
On the yield axis, Three Springs presents a moderate opportunity. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $970. However, the local market rent is significantly lower at $623. This discrepancy suggests that rental properties in Three Springs might not fetch the highest rents, but they could still offer decent returns when compared to the national average. Additionally, the median home value stands at $167,827, which is relatively affordable for potential investors looking to purchase properties without a substantial upfront capital requirement.
Moving to the stability axis, the indicators point towards a less stable market. Only 13.0% of residents are identified as renters, which implies a smaller pool of potential tenants. The lack of data on days on market (DOM) makes it challenging to assess how quickly properties can be rented out. Furthermore, the median household income of $53,382 suggests that there may be limitations on the ability of residents to afford higher rents, potentially affecting the demand for rental properties.
Given these factors, ZIP 17264 falls into a category that is neither a high-yield/low-stability flip-style market nor a steady-cashflow zone. Instead, it represents a market that offers a balanced approach. The moderate rental rates and relatively low home values indicate that while yields may not be exceptionally high, the cost of entry is also lower. This combination could be attractive for investors willing to manage a property actively rather than relying solely on passive income. The limited rental population and uncertain DOM data suggest that maintaining consistent cash flow might require more effort in tenant acquisition and retention strategies.
To summarize, Three Springs presents a middle-ground scenario where the financial rewards are present but tempered by the need for active management and possibly a more competitive rental environment. For landlords and small-portfolio investors, this means a careful consideration of both the potential returns and the challenges associated with maintaining occupancy and managing the property effectively.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.