Location: Harrisburg-Carlisle, PA | Metro: Harrisburg-Carlisle, PA MSA
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 | $930 |
| 1 Bedroom | $1,020 |
| 2 Bedrooms | $1,270 |
| 3 Bedrooms | $1,630 |
| 4 Bedrooms | $1,670 |
| 5 Bedrooms | $1,937 |
| 6 Bedrooms | $2,169 |
| 7 Bedrooms | $2,343 |
| 8 Bedrooms | $2,460 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,630 | $267,102 | 0.61% | D |
U.S. Census Bureau data (2024)
The ZIP code 17266, located within the Harrisburg-Carlisle, PA MSA, presents a unique profile when compared against typical ZIP codes within this metropolitan area. Its Fair Market Rent (FMR) for fiscal year 2024 is set at $1110, which serves as a benchmark for rental affordability in federally-assisted housing programs such as Section 8. However, the market rent figure is not available, suggesting that the actual rents charged might not be directly comparable to the FMR without additional data.
The median home value in ZIP 17266 stands at $254,042, indicating a middle-ground price point within the broader Harrisburg-Carlisle, PA MSA context. This suggests that 17266 is neither a premium sub-market nor a value pocket but rather a mid-tier neighborhood where property values align closely with the average across the metro region.
A noteworthy characteristic of ZIP 17266 is its relatively high renter share at 32.0%. This percentage exceeds what is typically observed in many ZIP codes within the same metropolitan statistical area. Given the high proportion of renters alongside the specific FMR figure, it can be inferred that 17266 is an attractive area for tenants participating in the Section 8 program. The presence of a substantial renter base coupled with the lower-than-premium home values often signifies a sweet spot for landlords and small-portfolio investors who aim to attract Section 8 participants without the need for excessively high investment costs.
To summarize, ZIP 17266 appears to be a mid-tier neighborhood within the Harrisburg-Carlisle, PA MSA. It offers a fair balance between property values and renter participation rates, making it a suitable location for landlords interested in Section 8 tenants. The specific FMR of $1110 for FY 2024, combined with the 32.0% renter share, highlights its potential as a valuable market for federally-assisted housing investments.
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.