Location: Schuylkill County, PA | Metro: Schuylkill County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $720 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,030 |
| 3 Bedrooms | $1,340 |
| 4 Bedrooms | $1,390 |
| 5 Bedrooms | $1,612 |
| 6 Bedrooms | $1,805 |
| 7 Bedrooms | $1,949 |
| 8 Bedrooms | $2,046 |
U.S. Census Bureau data (2024)
The ZIP code 17943 presents a unique challenge for both renters and landlords due to the lack of specific data on median income and market rates. However, we can still analyze the situation based on the available information.
A significant portion of the residents, 89.5%, are renters, indicating a strong demand for rental properties. With a population of 42, the area is quite small, which means that every unit counts and competition among landlords could be fierce.
The Fair Market Rent (FMR) standard for the metro area in fiscal year 2026 is set at $970. This figure represents the voucher payment standard that households can use to cover their rent. Given the absence of precise median income and market rate figures for ZIP 17943, it's reasonable to infer that the local rental market rate might be close to or slightly above this benchmark, considering typical regional variations.
The affordability gap in this context refers to the difference between what renters can afford and the actual cost of renting. Since the median income is not available, we cannot calculate the exact percentage of income that goes towards housing costs. However, with the FMR at $970, any market rate significantly higher would likely make it difficult for many households to afford rent without assistance.
This scenario has implications for landlords considering whether to accept voucher payments or focus on cash-paying tenants. Accepting vouchers ensures a steady stream of rental income, albeit at a fixed rate. Landlords who choose to target cash-paying tenants must be prepared to compete aggressively for the limited number of potential renters who can afford higher rates.
Takeaway: For landlords in ZIP 17943, the decision to accept vouchers should be made with an understanding of the local rental dynamics. Given the high percentage of renters and the small population, there is a risk of oversupply if too many landlords opt out of voucher programs. Therefore, diversifying tenant acquisition strategies to include both voucher and cash-paying options is advisable to ensure occupancy and maximize revenue potential.
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.