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Lancaster County/Lancaster/17601

17601

ZIPSAFMR
Lancaster County, PA
Zillow

ZIP Investment Score

77Below average

095130300
BRFMR
Eff. Rent
0 BR$1,310$1,250
1 BR$1,430$1,460
2 BR$1,770$1,720
3 BR$2,250$1,900
4 BR$2,330$2,560
5 BR$2,680Not available
6 BR$3,081Not available
7 BR$3,544Not available
8 BR$4,075Not available

Purchase Price Calculator

Maximum purchase price
$193,675

Cost breakdown

+Likely effective rent$1,720
HUD FMR$1,770
Market rentUsed$1,720
Est. payment standard (98%)$1,740
-Principal and interest-$979
Loan amount$154,940
Down payment$38,735
Rate6.50%
Term30 years
-Operating costs-$541
Property taxes-$194
Insurance-$175
Utilities$0
HOA$0
Management-$172
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,643(71.4% ROI)
Projected value
$208,567
Return breakdown
Property appreciation+$14,892
Loan principal paid down+$5,551
Rental cash flow+$7,200
5-year hold
+$47,350(122.2% ROI)
Projected value
$219,125
Return breakdown
Property appreciation+$25,450
Loan principal paid down+$9,899
Rental cash flow+$12,000
10-year hold
+$101,833(262.9% ROI)
Projected value
$247,920
Return breakdown
Property appreciation+$54,245
Loan principal paid down+$23,588
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.05
1 BR
0.97
2 BR
1.03
3 BR
1.18
4 BR
0.86
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 17601 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 17601 (Lancaster, PA) is $1,770 a month. That is up 1.7% from $1,740 in FY 2026. Lancaster 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. Among 75 ZIP codes in Lancaster County, 17601 is tied for the 6th-highest two-bedroom rent (county range $1,260–$2,330). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 17601 is 56% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 17601
BedroomsFY 2027Change90–110% range
Studio$1,310+4.0%$1,179–$1,441
1BR$1,430+2.9%$1,287–$1,573
2BR$1,770+1.7%$1,593–$1,947
3BR$2,250−0.4%$2,025–$2,475
4BR$2,330+1.3%$2,097–$2,563

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 17601
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,310$1,430$1,770$2,250$2,330
FY 2026$1,260$1,390$1,740$2,260$2,300
FY 2025$1,130$1,260$1,590$2,080$2,110
FY 2024$1,070$1,210$1,520$1,970$2,020
FY 2023$1,030$1,180$1,480$1,880$1,990

Two-bedroom rent in nearby Lancaster County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 17601
17580$1,550−12.4%
17581$1,380−22.0%
17582$1,590−10.2%
17584$2,210+24.9%
17585$1,550−12.4%
17601Current$1,770—
17602$1,680−5.1%
17603$1,690−4.5%
17604$1,550−12.4%
17605$1,550−12.4%
17606$2,330+31.6%
17608$1,550−12.4%

Questions about ZIP 17601 rents

How much will Section 8 pay for a two-bedroom in ZIP 17601?

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 $1,770 it would be $1,593 to $1,947. 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 ZIP 17601 in?

ZIP 17601 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 ZIP 17601 for FY 2027?

The two-bedroom FMR rose 1.7%, from $1,740 in FY 2026 to $1,770 in FY 2027. Since FY 2023 it has risen 19.6%.

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

County fair market rentLancaster, PA fair market rentPA statewide rentsWhat is SAFMR?Data sources