Location: Clinton County, PA | Metro: Clinton County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $780 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,380 |
| 4 Bedrooms | $1,670 |
| 5 Bedrooms | $1,937 |
| 6 Bedrooms | $2,169 |
| 7 Bedrooms | $2,343 |
| 8 Bedrooms | $2,460 |
U.S. Census Bureau data (2024)
0.0% of the residents in ZIP 17779 are renters, indicating a predominantly owner-occupied market. This statistic is crucial for landlords and small-portfolio investors looking to enter this area, as it suggests a lower demand for rental properties compared to other regions. Despite this, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,020, which represents the maximum amount Section 8 voucher holders can pay for housing. Given the median income of $54,311, it's evident that many households might struggle to afford homeownership without assistance, making rental properties an attractive option for those needing financial support. The lack of data on market rent and median home value means that investors must rely on the FMR as a benchmark for setting rental prices, ensuring they remain competitive and accessible to low-income families. With no information available on days on market (DOM) or the percentage of price-cut shares, it's challenging to gauge the current health of the real estate market in terms of turnover and pricing adjustments. However, the combination of low renter share and a relatively high FMR suggests that landlords should focus on maintaining properties that meet the criteria for Section 8 eligibility to attract tenants who can benefit from the program. In conclusion, while the market may present challenges due to limited data and a low renter population, the potential for steady income through Section 8 vouchers remains strong. Verdict: Suitable for Section 8 investments, given the high FMR relative to median income.
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.