Location: Clinton County, PA | Metro: Clinton County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $780 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,340 |
| 4 Bedrooms | $1,680 |
| 5 Bedrooms | $1,949 |
| 6 Bedrooms | $2,183 |
| 7 Bedrooms | $2,358 |
| 8 Bedrooms | $2,476 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 17748 in metro FY 2026 is set at $1,000. This figure represents the payment standard for Section 8 housing vouchers, which is the amount the government will pay toward your tenant's rent. It is important to note that this is not the total rent you can charge; it is the maximum amount the voucher will cover.
To put this into perspective, consider the local median rent, which is currently listed as N/A. While we do not have a specific number, the FMR serves as a benchmark for affordability in the area. If the local median rent is higher than $1,000, it indicates that the Section 8 program aims to keep rents below market rates, ensuring that low-income families can afford housing.
The renter share of income, at 2.2%, suggests that tenants receiving Section 8 vouchers in this area should have a stable financial situation, as they must contribute a portion of their income toward rent. This percentage translates to a fixed contribution from the tenant, regardless of the total rent charged, up to the FMR limit.
When acquiring a property for a Section 8 rental, the cost can vary widely depending on factors such as location and condition. However, the acquisition cost, listed as N/A, would be an important consideration for your investment. It is crucial to ensure that the total rent you charge, including the tenant's contribution and the government subsidy, covers your mortgage payments, maintenance costs, and other expenses associated with owning and managing a rental property.
Before deciding to enter the Section 8 rental market, there is one critical step you should take: verify the property meets all local and federal requirements for the Section 8 program. This includes ensuring the property is safe, decent, and sanitary, as well as confirming compliance with housing standards and regulations. Failure to meet these criteria can result in penalties or disqualification from the program.
In summary, the FMR of $1,000 sets a clear payment standard for the government's contribution to your rental income. With a 2.2% renter share, you can expect a consistent income stream from your tenants. The key to success lies in ensuring your property complies with all necessary standards before signing a lease agreement.
Data Sources: FMR data from HUD (2027). 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.