Section 8 Fair Market Rent (FMR) for ZIP 17302 - 2027

Location: York-Hanover, PA | Metro: York-Hanover, PA MSA

Investment Score for ZIP 17302

Monthly Rent (2BR)

$1,270

Median Price (2BR)

$236,910

1% Rule

0.54%

Annual Yield

6.43%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$910
1 Bedroom	$1,000
2 Bedrooms	$1,270
3 Bedrooms	$1,680
4 Bedrooms	$1,770
5 Bedrooms	$2,053
6 Bedrooms	$2,299
7 Bedrooms	$2,483
8 Bedrooms	$2,607

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
2BR	$1,270	$236,910	0.54%	F
3BR	$1,680	$352,087	0.48%	F
4BR	$1,770	$454,141	0.39%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

2,834

Median Household Income

$82,200

Housing Units

1,324

Renter Percentage

21.1%

Occupancy Rate

84.7%

Renter Occupied

237

Airville, PA, located in ZIP code 17302, is a small, rural community that offers a mix of residential properties including both rental units and owner-occupied homes. The local economy is stable, supported by a median income that reflects a comfortable living standard for residents. This analysis will provide key insights into the real estate market in Airville, focusing on factors relevant to landlords and small-portfolio investors.

The Fair Market Rent (FMR) for ZIP 17302 in fiscal year 2024 is set at $1210, which provides a benchmark for rental pricing in the area.
The median home value in Airville stands at $338,374, indicating a relatively stable housing market.
Renters make up 21.1% of the population, suggesting a moderate demand for rental properties.
The median income in the area is $82,200, which supports a steady flow of potential tenants who can afford the average rent.
Unfortunately, specific data regarding the number of days on market (DOM) for rentals is not available, making it challenging to assess how quickly properties are typically leased.
The lack of recent market rent data means that while FMR is a useful indicator, landlords should conduct their own research to determine competitive rental rates.

For landlords and small-portfolio investors considering Airville, the data suggests a moderately favorable environment. With a stable median home value and a reasonable renter share, there is a solid foundation for rental investments. However, the absence of current market rent and DOM data introduces some uncertainty. Investors should be prepared to do additional due diligence to ensure they are setting appropriate rental prices and understanding the leasing cycle in this specific market. The FMR serves as a reliable starting point, but adjustments based on local conditions may be necessary.

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.