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 | $1,150 |
| 1 Bedroom | $1,260 |
| 2 Bedrooms | $1,570 |
| 3 Bedrooms | $2,090 |
| 4 Bedrooms | $2,220 |
| 5 Bedrooms | $2,575 |
| 6 Bedrooms | $2,884 |
| 7 Bedrooms | $3,115 |
| 8 Bedrooms | $3,271 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,570 | $258,264 | 0.61% | D |
| 3BR | $2,090 | $331,751 | 0.63% | D |
| 4BR | $2,220 | $467,987 | 0.47% | F |
U.S. Census Bureau data (2024)
1490 is the Fair Market Rent (FMR) for ZIP code 17353 (Orrtanna, PA) as set by HUD for fiscal year 2024. This figure represents the maximum amount that a landlord can charge for a Section 8 voucher in the area. In contrast, the Census American Community Survey reports a market rent of 1042 dollars, indicating a significant gap between government-set rates and actual market conditions. Landlords and small-portfolio investors should take note of this discrepancy when considering participation in the Section 8 program.
322,590 is the median home value in Orrtanna, which provides a benchmark for property values in the area. Given the relatively high median home value, it's important to understand how the 14.9 percent of renters in the community might affect the demand for rental properties, including those under Section 8. The lower renter share suggests that there may be less competition among landlords for tenants, making the Section 8 program potentially more attractive for securing long-term, stable rentals.
The median income of 100,150 dollars in ZIP 17353 offers insight into the financial stability of potential residents. While the data does not specify the day DOM (Days on Market) or the percentage of price-cut share, these figures would typically be relevant for assessing the speed at which properties are rented and the frequency of price adjustments needed to attract tenants. However, given the current data, landlords can expect a steady, though not overly competitive, market for their properties.
Participating in the Section 8 program can provide a reliable stream of income, especially considering the 1490 dollar FMR compared to the 1042 dollar market rent. It ensures that tenants meet certain eligibility criteria, often leading to fewer issues with payment delinquency. The program also allows landlords to receive monthly payments directly from the government, reducing the risk of non-payment.
Despite the lack of specific data on day DOM and price-cut share, the overall economic indicators suggest that Orrtanna, PA, is a stable market for real estate investment. The 1490 dollar FMR and 1042 dollar market rent offer a clear guideline for pricing Section 8 units, while the 322,590 dollar median home value and 100,150 dollar median income indicate a generally healthy local economy.
Given the analysis of the available data, the verdict on Section 8 participation in ZIP 17353 is positive, offering a secure and predictable rental income for landlords willing to comply with the program requirements.
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.