Section 8 Fair Market Rent (FMR) for ZIP 17945 - 2027

Location: Schuylkill County, PA | Metro: Columbia County, PA

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$720
1 Bedroom	$850
2 Bedrooms	$1,030
3 Bedrooms	$1,340
4 Bedrooms	$1,420
5 Bedrooms	$1,647
6 Bedrooms	$1,845
7 Bedrooms	$1,993
8 Bedrooms	$2,093

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

133

Median Household Income

$24,813

Housing Units

128

Renter Percentage

N/A

Occupancy Rate

94.5%

Renter Occupied

The ZIP code 17945, located in Lebanon County, Pennsylvania, is a rural area that offers unique opportunities for real estate investment, particularly in the context of Section 8 housing. The primary focus of this analysis is to provide insights into the rental market dynamics, median family income levels, and the potential for Section 8 tenants.

The Fair Market Rent (FMR) for ZIP 17945 for fiscal year 2024 is set at $1060. This figure represents the maximum amount that a landlord can charge for a Section 8 voucher, ensuring a stable income stream for properties participating in the program.
The median home value in this area is currently N/A, indicating a lack of sufficient data points to establish a reliable median. However, this does not necessarily imply low property values but rather reflects the sparsely populated nature of the region.
The percentage of renters in ZIP 17945 is 0.0%, which suggests that the majority of residents in this area own their homes. This could mean that there is limited competition from other rental properties, potentially making Section 8 vouchers more attractive to landlords.
The Days on Market (DOM) for properties in this area is N/A, which might indicate that the real estate transactions are less frequent or that the market is not as active as in urban areas. This could affect the speed at which properties are rented out.
The median income for families in ZIP 17945 is $24,813. This relatively low income level aligns well with the eligibility requirements for Section 8, indicating a strong potential for a steady flow of qualified applicants.

In summary, ZIP 17945 presents a niche opportunity for landlords and small-portfolio investors interested in Section 8 housing. With a defined FMR of $1060 and a median income of $24,813, the area supports a stable tenant base through government subsidies. Despite the lack of comprehensive data on market rents and median home values, the low renter share suggests minimal competition, while the median income level ensures a pool of eligible tenants. These factors combined make the ZIP code a viable option for those looking to secure long-term, government-backed rental income.

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.