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17771

ZIPSAFMR
Lycoming County, PA

ZIP Investment Score

85Below average

095130300
BRFMR
Eff. Rent
0 BR$810$810
1 BR$970$970
2 BR$1,170$1,170
3 BR$1,560$1,560
4 BR$1,720$1,720
5 BR$1,978Not available
6 BR$2,275Not available
7 BR$2,616Not available
8 BR$3,008Not available

Purchase Price Calculator

Maximum purchase price
$111,945

Cost breakdown

+Likely effective rent$1,170
HUD FMRUsed$1,170
Market rentN/A
Est. payment standardN/A
-Principal and interest-$566
Loan amount$89,556
Down payment$22,389
Rate6.50%
Term30 years
-Operating costs-$404
Property taxes-$112
Insurance-$175
Utilities$0
HOA$0
Management-$117
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,016(84.9% ROI)
Projected value
$120,553
Return breakdown
Property appreciation+$8,608
Loan principal paid down+$3,209
Rental cash flow+$7,200
5-year hold
+$32,432(144.9% ROI)
Projected value
$126,656
Return breakdown
Property appreciation+$14,710
Loan principal paid down+$5,722
Rental cash flow+$12,000
10-year hold
+$68,988(308.1% ROI)
Projected value
$143,299
Return breakdown
Property appreciation+$31,354
Loan principal paid down+$13,634
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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ZIP 17771 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 17771 (Trout Run, PA) is $1,170 a month. That is up 6.4% from $1,100 in FY 2026. Trout Run is in the Williamsport, 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 $1,217. Among 34 ZIP codes in Lycoming County, 17771 has the 20th-highest two-bedroom rent (county range $1,020–$1,440). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 17771 is 3% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 17771
BedroomsFY 2027Change90–110% range
Studio$810+6.6%$729–$891
1BR$970+5.4%$873–$1,067
2BR$1,170+6.4%$1,053–$1,287
3BR$1,560+6.8%$1,404–$1,716
4BR$1,720+7.5%$1,548–$1,892

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 17771
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$810$970$1,170$1,560$1,720
FY 2026$760$920$1,100$1,460$1,600
FY 2025$690$820$980$1,270$1,410
FY 2024$660$770$920$1,190$1,330
FY 2023$650$720$870$1,120$1,200

Two-bedroom rent in nearby Lycoming County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 17771
17754$1,270+8.5%
17756$1,280+9.4%
17758$1,440+23.1%
17762$1,130−3.4%
17763$1,340+14.5%
17765$1,120−4.3%
17769$1,220+4.3%
17771Current$1,170—
17772$1,240+6.0%
17774$1,290+10.3%
17776$1,080−7.7%
17777$1,240+6.0%

Questions about ZIP 17771 rents

How much will Section 8 pay for a two-bedroom in ZIP 17771?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,217, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,095 to $1,339 a month; under the ZIP-level Small Area FMR of $1,170 it would be $1,053 to $1,287. 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 17771 in?

ZIP 17771 is in the Williamsport, PA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,217.

How much did fair market rent change in ZIP 17771 for FY 2027?

The two-bedroom FMR rose 6.4%, from $1,100 in FY 2026 to $1,170 in FY 2027. Since FY 2023 it has risen 34.5%.

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