Location: Snyder County, PA | Metro: Snyder County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,290 |
| 4 Bedrooms | $1,460 |
| 5 Bedrooms | $1,694 |
| 6 Bedrooms | $1,897 |
| 7 Bedrooms | $2,049 |
| 8 Bedrooms | $2,151 |
U.S. Census Bureau data (2024)
29.7% of residents in ZIP code 17812 are renters, indicating a significant portion of the population relies on rental housing. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $970, which provides a benchmark for rental pricing. However, the current market rent, based on Census ACS data, stands at $823, suggesting there is room for price adjustment to align with FMR guidelines. Landlords can expect a competitive environment given the median home value of $186,971, which implies homeownership is accessible to many in the area. With a median income of $59,338, tenants have the financial capability to meet or exceed the FMR, making it feasible for landlords to charge closer to the $970 mark without significantly deterring potential renters. Despite the absence of specific data on days on market (DOM) and the percentage of homes with price cuts, the economic indicators point towards a stable market where Section 8 vouchers could play a crucial role in attracting and retaining tenants. The discrepancy between FMR and market rent offers an opportunity for landlords to benefit from government assistance programs while ensuring affordability for tenants. In conclusion, landlords in ZIP 17812 should consider accepting Section 8 vouchers to remain competitive and attract a steady stream of reliable tenants.
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.