Section 8 Fair Market Rent (FMR) for ZIP 17339 - 2027

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

Investment Score for ZIP 17339

F
Monthly Rent (2BR)
$1,400
Median Price (2BR)
$264,671
1% Rule
0.53%
Annual Yield
6.35%

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$1,000
1 Bedroom$1,100
2 Bedrooms$1,400
3 Bedrooms$1,850
4 Bedrooms$1,950
5 Bedrooms$2,262
6 Bedrooms$2,533
7 Bedrooms$2,736
8 Bedrooms$2,873

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 $1,400 $264,671 0.53% F
3BR $1,850 $352,180 0.53% F
4BR $1,950 $545,040 0.36% F
5BR $2,262 $653,736 0.35% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
6,281
Median Household Income
$96,583
Housing Units
2,604
Renter Percentage
10.9%
Occupancy Rate
99.0%
Renter Occupied
282

The economics of Section 8 in ZIP code 17339, which covers Lewisberry, PA, in York County, are straightforward. The SAFMR (Small Area Fair Market Rent) for a two-bedroom apartment in this specific ZIP code for fiscal year 2024 is set at $1160. This is slightly below the local market rent, which averages $1220 according to the latest Census ACS data.

A landlord participating in the Section 8 program should understand that the total reimbursement includes both the tenant's portion and utility allowances. Typically, the tenant is responsible for paying approximately 30% of their adjusted income towards rent. For instance, if the tenant's portion is $350, the government will cover the remaining $810 of the SAFMR, bringing the total reimbursement to $1160.

In addition to the base rent, utility allowances are also factored into the reimbursement. These allowances can vary but generally provide a fixed amount per unit to cover electricity, gas, water, and sewer costs. If the utility allowance is $200, the landlord could receive up to $1360 ($1160 base rent + $200 utilities) for a two-bedroom unit.

However, since the local market rent for a two-bedroom unit is $1220, the typical reimbursement gap or surplus in this case would be a surplus of $140 per month when utility allowances are included. This means that landlords in ZIP 17339 could potentially earn more than the market rent by participating in the Section 8 program, assuming they accept the maximum allowable rent under the program guidelines.

To summarize, the SAFMR for a two-bedroom apartment in ZIP 17339 is $1160, while the local market rent is $1220. With utility allowances, the potential reimbursement could reach $1360, creating a surplus of $140 compared to the average local market rent.

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.