Location: Gettysburg, PA | Metro: Gettysburg, 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 | $950 |
| 1 Bedroom | $990 |
| 2 Bedrooms | $1,240 |
| 3 Bedrooms | $1,660 |
| 4 Bedrooms | $1,780 |
| 5 Bedrooms | $2,065 |
| 6 Bedrooms | $2,313 |
| 7 Bedrooms | $2,498 |
| 8 Bedrooms | $2,623 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $990 | $209,598 | 0.47% | F |
| 2BR | $1,240 | $274,677 | 0.45% | F |
| 3BR | $1,660 | $353,526 | 0.47% | F |
| 4BR | $1,780 | $450,093 | 0.4% | F |
| 5BR | $2,065 | $521,022 | 0.4% | F |
U.S. Census Bureau data (2024)
The potential pitfalls for a Section 8 landlord in ZIP 17325, Gettysburg, PA, begin with tenant turnover. The market rent stands at $1,107, while the Fair Market Rent (FMR) for FY 2024 is $1,160. This discrepancy suggests that tenants may struggle to afford the higher FMR, leading to frequent moves and high turnover rates. Additionally, vacancy exposure is a concern, with an average of 23 days on the market (DOM). This period can result in lost rental income and increased costs for marketing and maintenance.
The risk of deferred maintenance is also significant, given the typical home value of $367,442 and the median income of $80,948. Landlords should be prepared for the possibility that tenants may not have the financial capacity to cover necessary repairs promptly, potentially leading to higher out-of-pocket expenses and property devaluation.
However, these risks are tempered by the high renter share of 27.3%. A dense population of renters typically translates into robust demand for housing assistance vouchers, ensuring a steady stream of potential tenants who can afford the rent through government subsidies. This demand can mitigate the challenges posed by tenant turnover and vacancy exposure.
Verdict: Moderate risk for a first-time Section 8 landlord.
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.