Location: Northumberland County, PA | Metro: Northumberland County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $830 |
| 1 Bedroom | $1,020 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,500 |
| 4 Bedrooms | $1,600 |
| 5 Bedrooms | $1,856 |
| 6 Bedrooms | $2,079 |
| 7 Bedrooms | $2,245 |
| 8 Bedrooms | $2,357 |
U.S. Census Bureau data (2024)
ZIP 17867, located in Northumberland County, PA metro, is best suited as a diversifier in a Section 8 portfolio strategy. The area's median income stands at $75,833, which is higher than many other regions considered for affordable housing investments. This suggests that residents have a stronger financial base, potentially leading to lower default risks and more stable rental payments.
The renter share in ZIP 17867 is 18.6%, indicating a significant portion of the population relies on rental properties. For landlords and small-portfolio investors, this means there is a consistent demand for rental units, which can be capitalized upon through Section 8 vouchers. With a median home value not available, focusing on the rental market provides a safer investment path, ensuring that the property remains occupied and generating steady income.
While the area does not present an immediate cash-flow anchor opportunity due to the spread between the Fair Market Rent (FMR) for the metro area, set at $1,150 for fiscal year 2026, and the market rent of $1,297, it still offers competitive returns. Landlords should note that the slightly higher market rent compared to the FMR can be balanced by the reliability of Section 8 voucher payments, ensuring a predictable income stream.
ZIP 17867 also lacks clear indicators for being an appreciation play, with no data on price-cut shares or days on market (DOM). However, the diversification benefits make it a valuable addition to a broader investment strategy. By including ZIP 17867 in a portfolio, investors can mitigate risks associated with over-reliance on any single type of investment, whether it be cash-flow anchors or appreciation plays.
In summary, ZIP 17867 serves as a strong diversifier within a Section 8 portfolio strategy, thanks to its substantial renter population and higher median income levels, which contribute to long-term stability and reduced risk of vacancy.
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.