Section 8 Fair Market Rent (FMR) for ZIP 17801 - 2027

Location: Northumberland County, PA | Metro: Northumberland County, PA

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$730
1 Bedroom	$900
2 Bedrooms	$1,010
3 Bedrooms	$1,330
4 Bedrooms	$1,420
5 Bedrooms	$1,647
6 Bedrooms	$1,845
7 Bedrooms	$1,993
8 Bedrooms	$2,093

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

16,429

Median Household Income

$60,664

Housing Units

7,765

Renter Percentage

30.8%

Occupancy Rate

90.4%

Renter Occupied

2,162

The ZIP code 17801, located in the heart of Lancaster, Pennsylvania, offers a unique blend of historical charm and modern amenities. This area is particularly attractive for real estate investors due to its stable population and the presence of both residential and commercial properties.

The Fair Market Rent (FMR) for ZIP 17801 in the fiscal year 2026 is set at $970. This figure represents the maximum amount that HUD will pay for rental units in the area, making it a key benchmark for landlords.
The average market rent, according to the Census ACS, stands at $744. This indicates that landlords can potentially charge above the market average if they offer higher-quality accommodations.
The median home value in ZIP 17801 is $179,606. This relatively low median value suggests that there is a significant opportunity for investment in both rental and owner-occupied properties.
Renters make up 30.8% of the housing market in this area, indicating a steady demand for rental properties. Landlords can leverage this statistic to ensure consistent occupancy rates.
The median income for residents in ZIP 17801 is $60,664. This provides insight into the economic profile of potential tenants, suggesting a mix of middle-income families and individuals who can afford moderate rents.

In summary, ZIP 17801 presents a balanced real estate market with opportunities for both rental and homeownership investments. The gap between the market rent and the FMR suggests a potential to increase rental prices while still remaining competitive. With a median home value below the state average and a notable share of renters, this area supports a diverse tenant base. However, the median income figure indicates that landlords should aim for moderate pricing to remain accessible to the majority of residents. Overall, this ZIP code offers a promising environment for landlords and small-portfolio investors seeking stable returns.

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.