Location: Schuylkill County, PA | Metro: Schuylkill County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $780 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,120 |
| 3 Bedrooms | $1,470 |
| 4 Bedrooms | $1,520 |
| 5 Bedrooms | $1,763 |
| 6 Bedrooms | $1,975 |
| 7 Bedrooms | $2,133 |
| 8 Bedrooms | $2,240 |
U.S. Census Bureau data (2024)
The rental landscape in ZIP code 17979 presents a unique scenario that landlords and small-portfolio investors should carefully consider. With a median income of $178,661, households in this area have a substantial financial cushion. However, the lack of specific market rate data for ZIP 17979 means we must rely on other indicators to assess affordability.
Comparatively, the Fair Market Rent (FMR) set at $1,050 for the metro area in fiscal year 2026 represents the voucher payment standard. This figure is notably lower than what might be expected given the high median income, suggesting that housing costs could be relatively low compared to income levels. For renters with Section 8 vouchers, the $1,050 FMR is the benchmark for affordable rents, which landlords should keep in mind when setting their own rates.
Notably, ZIP 17979 has a very low percentage of renters at just 0.0%, indicating that homeownership is nearly universal in this area. The total population is only 130, which further emphasizes the limited rental market. Given these conditions, the affordability gap between median income and the FMR does not translate into significant competition among landlords. The scarcity of renters implies that there is little demand for rental properties, and thus, landlords may find themselves with fewer options for tenants.
For landlords considering their strategy, the takeaway is clear. In ZIP 17979, focusing on voucher tenants is likely less beneficial due to the minimal rental activity. Instead, landlords should look towards attracting cash-paying tenants who can afford higher rents reflective of the area's high median income. While Section 8 vouchers provide stable income, the limited number of potential tenants makes it more advantageous to cater to those without vouchers, ensuring a steady and possibly higher revenue stream.
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.