Location: York-Hanover, PA | Metro: York-Hanover, 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 | $960 |
| 1 Bedroom | $1,050 |
| 2 Bedrooms | $1,340 |
| 3 Bedrooms | $1,770 |
| 4 Bedrooms | $1,860 |
| 5 Bedrooms | $2,158 |
| 6 Bedrooms | $2,417 |
| 7 Bedrooms | $2,610 |
| 8 Bedrooms | $2,741 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,770 | $383,792 | 0.46% | F |
U.S. Census Bureau data (2024)
The ZIP code 17352 is situated in a serene suburban neighborhood characterized by its relatively small population of 1,288 residents. Only 12.9% of these residents are renters, indicating a community primarily composed of homeowners. The median household income in this area stands at $125,750, reflecting a higher-income demographic. Correspondingly, the median home value is $387,783, which is indicative of the overall wealth and property values in the region.
Transitioning into the economic landscape of rental properties, the Fair Market Rent (FMR) for ZIP 17352 as of fiscal year 2024 is set at $1,310. This figure contrasts with the actual market rent, which according to the Census Bureau's American Community Survey (ACS), averages around $1,038 per month. This discrepancy suggests that there could be opportunities for landlords operating under the Section 8 program to find a balance between the FMR and the market rate, potentially allowing for modest profit margins while still offering affordable housing options.
Given the low percentage of renters and the relatively high median income, ZIP 17352 might not be an ideal location for a hands-off voucher operator. The demand for subsidized housing appears limited, and the competition for tenants could be fierce. However, for a hands-on value-add buyer looking to renovate and improve properties, there could be significant potential. With a higher-income base, such investments could attract tenants willing to pay closer to the FMR, thereby increasing the viability of Section 8 properties in this area.
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.