Location: Clinton County, PA | Metro: Clinton County, PA
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 | $780 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,680 |
| 5 Bedrooms | $1,949 |
| 6 Bedrooms | $2,183 |
| 7 Bedrooms | $2,358 |
| 8 Bedrooms | $2,476 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,330 | $194,589 | 0.68% | D |
U.S. Census Bureau data (2024)
The economics of Section 8 in ZIP code 17721 are defined by the SAFMR (Small Area Fair Market Rent) for a two-bedroom apartment, which is set at $990 for the fiscal year 2026. This figure contrasts with the local market rent, which averages $825 according to the Census ACS data. For landlords and small-portfolio investors, understanding how these vouchers pay out is crucial.
A Section 8 voucher covers the difference between the tenant's contribution and the SAFMR. The tenant's portion is typically 30% of their adjusted income, which must be below a certain threshold to qualify for the program. Once this amount is determined, it is subtracted from the SAFMR to calculate the subsidy amount the landlord will receive.
In ZIP 17721, if a tenant’s share is $247.50 (assuming an adjusted income of $825), the landlord would receive a subsidy of $742.50 ($990 - $247.50) from the housing authority. Additionally, there are utility allowances that vary based on the size of the unit and the local cost of utilities. For a two-bedroom unit, these allowances can range but are often around $200-$300 per month.
Therefore, the total reimbursement to the landlord would be the subsidy plus the utility allowance. Assuming a utility allowance of $250, the landlord would receive approximately $992.50 ($742.50 + $250) per month for a two-bedroom apartment in ZIP 17721. This amount closely matches the SAFMR, indicating that the reimbursement is nearly equivalent to the market rent for this specific ZIP code.
Given the local market rent of $825, the typical reimbursement gap or surplus in ZIP 17721 is a surplus of $167.50 per month. This surplus means that landlords can expect to receive slightly more than the average market rent when renting to tenants with Section 8 vouchers. However, it is important to note that the actual amount can vary depending on the individual tenant's income and any adjustments made by the housing authority.
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.