Location: Schuylkill County, PA | Metro: Schuylkill County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,020 |
| 1 Bedroom | $1,120 |
| 2 Bedrooms | $1,460 |
| 3 Bedrooms | $1,900 |
| 4 Bedrooms | $1,970 |
| 5 Bedrooms | $2,285 |
| 6 Bedrooms | $2,559 |
| 7 Bedrooms | $2,764 |
| 8 Bedrooms | $2,902 |
U.S. Census Bureau data (2024)
The market in ZIP code 17982 presents a dynamic scenario that is indicative of current housing trends and pressures. With a Fair Market Rent (FMR) set at $1,410 for fiscal year 2026, it reflects the government's assessment of rental affordability in the area. However, the actual market rent, as reported by the Census Bureau's American Community Survey (ACS), stands at $1,289. This suggests that the market is currently below the FMR, which could indicate either a slight oversupply of rental units or that landlords are adjusting their rents to remain competitive.
The renter share of 17.0% provides insight into the long-term housing pressure within ZIP 17982. A lower renter share implies that a significant portion of the population owns their homes, potentially reducing immediate demand for rentals. However, this also means that any increase in rental demand can put considerable pressure on the limited number of available rental units, driving up rents if new construction does not keep pace with demand.
While specific metrics such as price-cut share, days on market (DOM), and median home value are not available, the gap between the FMR and market rent indicates a market that is moving towards equilibrium. Landlords should be aware that maintaining competitive pricing is crucial to attract tenants, especially in a region where homeownership is prevalent.
In summary, ZIP 17982 is characterized by a rental market that is slightly undersold compared to the FMR, suggesting potential for upward movement in rents as the market adjusts. The relatively low renter share points to a stable homeownership base but also highlights the importance of rental availability to accommodate those who do not own homes. For small-portfolio investors, this ZIP code offers an opportunity to capture a growing rental market while ensuring that rental prices align with both the FMR and the local economic conditions.
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.