Location: Williamsport, PA | Metro: Williamsport, PA MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $850 |
| 1 Bedroom | $1,010 |
| 2 Bedrooms | $1,220 |
| 3 Bedrooms | $1,630 |
| 4 Bedrooms | $1,800 |
| 5 Bedrooms | $2,088 |
| 6 Bedrooms | $2,339 |
| 7 Bedrooms | $2,526 |
| 8 Bedrooms | $2,652 |
U.S. Census Bureau data (2024)
ZIP code 17769, located within the Williamsport, PA MSA, presents a unique scenario for real estate analysis. The Fair Market Rent (FMR) for the area is set at $1080 for fiscal year 2024, which is a critical figure for landlords and small-portfolio investors considering the Section 8 housing voucher program. However, the lack of specific market rent and home value data makes it challenging to draw direct comparisons to other ZIP codes within the Williamsport MSA.
The 0.0% renter share in ZIP 17769 indicates that virtually no residents in this area are renting their homes, suggesting a predominantly owner-occupied community. This characteristic diverges significantly from typical ZIP codes within the Williamsport MSA, where rental properties are more common and play a crucial role in the local real estate market.
Given the absence of market rent and home value data, we cannot definitively classify ZIP 17769 as a value pocket, mid-tier neighborhood, or premium sub-market. However, the low FMR of $1080 compared to likely higher market rents and home values in the broader Williamsport MSA could imply that 17769 offers a cost-effective option for tenants receiving Section 8 vouchers. The predominance of owner-occupied homes suggests that the area might not be heavily invested in by landlords looking for rental opportunities.
In conclusion, while ZIP 17769 stands out due to its low FMR and zero renter share, the lack of comprehensive market data prevents a full assessment of its position relative to other areas within the Williamsport MSA. For landlords and investors, this ZIP code may represent an opportunity to serve a niche market, particularly those benefiting from federal housing assistance programs.
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.