Location: Northumberland County, PA | Metro: Columbia County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $860 |
| 1 Bedroom | $950 |
| 2 Bedrooms | $1,240 |
| 3 Bedrooms | $1,690 |
| 4 Bedrooms | $1,860 |
| 5 Bedrooms | $2,158 |
| 6 Bedrooms | $2,417 |
| 7 Bedrooms | $2,610 |
| 8 Bedrooms | $2,741 |
U.S. Census Bureau data (2024)
1130 The Fair Market Rent (FMR) for ZIP 17820, as determined by HUD for fiscal year 2024, stands at $1130. 801 This figure is notably higher than the average market rent of $801, as reported by the Census Bureau's American Community Survey. 255162 With a median home value of $255,162, landlords in this area can expect significant property appreciation over time. 225 However, only 22.5% of the population are renters, indicating a competitive market for rental properties. 67685 The median household income in the region is $67,685, which suggests a stable economic base for potential tenants. N/A Despite the lack of specific data on days on market (DOM) and the percentage of listings that have had their prices cut, the disparity between the FMR and the market rent indicates strong demand for affordable housing options. 1130 Landlords should consider setting rents close to the FMR to attract Section 8 participants who benefit from government subsidies. 801 Conversely, properties priced below the FMR but above the market rent of $801 could still appeal to tenants willing to pay slightly more for better quality housing. 255162 Given the median home value, it's likely that many homes in the area are priced above what typical renters can afford, further emphasizing the importance of Section 8 participation for landlords looking to fill vacancies. 67685 With a median income of $67,685, tenants participating in the Section 8 program will likely find it easier to cover the portion of rent they are responsible for, ensuring steady cash flow for landlords. 1130 The verdict on Section 8 participation in ZIP 17820 is positive, given the alignment between the FMR and the subsidized rent levels.
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.