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PA/Lancaster County/Terre Hill

Terre Hill, PA

CitySAFMR
Lancaster County
Found 1 ZIP
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City Median Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,000$1,100
1 BR$1,100$1,160
2 BR$1,380$1,440
3 BR$1,790$1,860
4 BR$1,820$2,000
5 BR$2,093Not available
6 BR$2,407Not available
7 BR$2,768Not available
8 BR$3,183Not available

Purchase Price Calculator

Maximum purchase price
$152,067

Cost breakdown

+Likely effective rent$1,440
HUD FMR$1,380
Market rent$1,470
Est. payment standard (104%)Used$1,440
-Principal and interest-$769
Loan amount$121,654
Down payment$30,413
Rate6.50%
Term30 years
-Operating costs-$471
Property taxes-$152
Insurance-$175
Utilities$0
HOA$0
Management-$144
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$23,251(76.5% ROI)
Projected value
$163,759
Return breakdown
Property appreciation+$11,693
Loan principal paid down+$4,359
Rental cash flow+$7,200
5-year hold
+$39,755(130.7% ROI)
Projected value
$172,050
Return breakdown
Property appreciation+$19,983
Loan principal paid down+$7,772
Rental cash flow+$12,000
10-year hold
+$85,112(279.9% ROI)
Projected value
$194,659
Return breakdown
Property appreciation+$42,592
Loan principal paid down+$18,520
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.83
1 BR
0.92
2 BR
0.94
3 BR
0.95
4 BR
0.87
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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Terre Hill, PA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Terre Hill, PA is $1,380 a month. That is up 9.5% from $1,260 in FY 2026. Terre Hill is in the Lancaster, PA MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,553. The median county two-bedroom FMR in Pennsylvania is $1,136, so Terre Hill is 21% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Terre Hill, PA
BedroomsFY 2027Change90–110% range
Studio$1,000+12.4%$900–$1,100
1BR$1,100+10.0%$990–$1,210
2BR$1,380+9.5%$1,242–$1,518
3BR$1,790+9.1%$1,611–$1,969
4BR$1,820+9.0%$1,638–$2,002

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Terre Hill, PA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,000$1,100$1,380$1,790$1,820
FY 2026$890$1,000$1,260$1,640$1,670
FY 2025$850$960$1,200$1,560$1,600
FY 2024$810$930$1,160$1,490$1,560
FY 2023$770$880$1,110$1,410$1,490

Questions about Terre Hill, PA rents

How much will Section 8 pay for a two-bedroom in Terre Hill, PA?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,553, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,398 to $1,708 a month; under the ZIP-level Small Area FMR of $1,380 it would be $1,242 to $1,518. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Terre Hill, PA in?

Terre Hill, PA is in the Lancaster, PA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,553.

How much did fair market rent change in Terre Hill, PA for FY 2027?

The two-bedroom FMR rose 9.5%, from $1,260 in FY 2026 to $1,380 in FY 2027. Since FY 2023 it has risen 24.3%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set