Location: Snyder County, PA | Metro: Snyder County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,020 |
| 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)
The ZIP code 17842, located in Middleburg, PA, presents an interesting case for real estate analysis. With a Fair Market Rent (FMR) of $1,000 for the metro area in fiscal year 2026, it stands above the local market rate of $878. This suggests a potential for higher rental yields, especially when considering the median home value of $223,060. The discrepancy between the FMR and the market rate implies that there could be opportunities to charge premium rents, particularly for properties that meet certain quality standards.
On the stability axis, the ZIP code shows a 25.9% share of renters, which is relatively low. This figure indicates that the majority of residents prefer homeownership over renting, potentially leading to lower demand for rental properties. Additionally, the median household income of $62,940 provides insight into the financial capacity of the population. However, the lack of data on days on market (DOM) makes it challenging to assess the liquidity of the real estate market in this area.
Given these figures, ZIP 17842 does not clearly fit into a high-yield/low-stability flip-style market or a steady-cashflow zone. Instead, it appears to be a market with moderate potential for both yield and stability. Landlords and small-portfolio investors can expect reasonable returns on investment, but they should also prepare for a market where rental demand might not be as robust as in areas with higher renter populations. The opportunity lies in the ability to command rents closer to the FMR of $1,000, which is above the current market rate, suggesting a middle-ground strategy that focuses on maintaining decent cash flow while being mindful of the local economic conditions and the balance between rental and ownership preferences.
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.