Section 8 Fair Market Rent (FMR) for ZIP 17327 - 2027

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

Investment Score for ZIP 17327

F
Monthly Rent (2BR)
$1,220
Median Price (2BR)
$261,217
1% Rule
0.47%
Annual Yield
5.6%

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$870
1 Bedroom$960
2 Bedrooms$1,220
3 Bedrooms$1,620
4 Bedrooms$1,700
5 Bedrooms$1,972
6 Bedrooms$2,209
7 Bedrooms$2,386
8 Bedrooms$2,505

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,220 $261,217 0.47% F
3BR $1,620 $354,422 0.46% F
4BR $1,700 $482,115 0.35% F
5BR $1,972 $537,443 0.37% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
7,828
Median Household Income
$101,106
Housing Units
3,232
Renter Percentage
25.0%
Occupancy Rate
97.1%
Renter Occupied
785

The real estate landscape in Glen Rock, PA (ZIP 17327), is set against a backdrop of a median home value at $364,020. This figure provides a benchmark for assessing the overall market conditions. The absence of percentage data for listings that have been reduced and the median days on market (DOM) indicate stability in pricing power. Landlords and small-portfolio investors can expect this stability to continue over the next 12-24 months, implying that there is little urgency for sellers to reduce their prices.

On the rental side, the Fair Market Rent (FMR) for ZIP 17327 is projected at $1,020 for fiscal year 2024. However, the current market rent stands at approximately $1,200, according to the latest Census ACS data. This suggests that there is a positive differential between the government's estimated fair market rent and the actual market rates, which could be indicative of a robust demand for rental properties in the area. Landlords might find it easier to maintain or even slightly increase rents without significant pushback from tenants, given the gap between FMR and market rates.

For long-hold investors, the setup implies a potential for gradual appreciation rather than rapid growth. The median home value and the rental market dynamics point towards a stable and slowly growing market. While there are no guarantees, the data suggests that holding onto properties in Glen Rock, PA, could yield modest gains over time. The key to success lies in maintaining quality properties and staying abreast of local market trends to ensure that both property values and rental income keep pace with inflation and other economic factors.

In summary, the combination of a median home value at $364,020, stable pricing power, and favorable rental market conditions signals a promising environment for real estate investment in Glen Rock, PA. Investors should focus on the long-term appreciation potential and the steady rental income that can be derived from the current market dynamics.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.