FY2027 Small Area FMR · Schaefferstown, PA

ZIP 17088 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 17088 (Schaefferstown, PA) is $1,370 a month, down 9.9% from FY2026. That is 1% above the Lebanon, PA area-wide FMR of $1,353.

2-bedroom SAFMR$1,370per month ▼ 9.9%

Area-wide 2 BR FMR$1,353Lebanon, PA

Rank in the area15thof 23 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,233

2 BR Small Area FMR$1,370

110% of SAFMR$1,507

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,000▼ 9.9%

1 BR$1,080▼ 10.0%

2 BR$1,370▼ 9.9%

3 BR$1,740▼ 9.8%

4 BR$1,890▼ 10.0%

FY2027 FY2026

Where 17088 sits in the Lebanon, PA area

Of the 23 ZIP codes HUD lists for the area, 17088 has the 15th highest two-bedroom Small Area FMR. Lebanon, PA is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,353 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,370 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,000	$900 – $1,100	$991	$1,110
1 bedroom	$1,080	$972 – $1,188	$1,071	$1,200
2 bedrooms	$1,370	$1,233 – $1,507	$1,353	$1,520
3 bedrooms	$1,740	$1,566 – $1,914	$1,742	$1,930
4 bedrooms	$1,890	$1,701 – $2,079	$1,894	$2,100

A household renting a two-bedroom home at the Small Area FMR of $1,370 needs about $54,800 a year to keep housing costs at 30% of income. The area median family income is $98,200 and the 80% low-income limit for four people is $78,550. ZIP code 17088 lies mainly in Lebanon County. See the Lebanon, PA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
17073	Newmanstown	2.1 mi	$1,640
17039	Kleinfeltersville	2.9 mi	$1,640
17016	Cornwall	5.9 mi	$2,030
17067	Myerstown	6.3 mi	$1,420
17042	Lebanon	6.9 mi	$1,370
19567	Womelsdorf	7.5 mi	$1,420

Questions

What is the Fair Market Rent for ZIP code 17088?

HUD's FY2027 Small Area Fair Market Rents for 17088 are $1,000 (studio), $1,080 (1 BR), $1,370 (2 BR), $1,740 (3 BR) and $1,890 (4 BR) a month.

What is the Section 8 payment standard in 17088?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 17088 that range is $1,233 to $1,507 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 17088?

The FY2026 income limits of the Lebanon, PA area apply: median family income $98,200, low-income (80%) limit $78,550 for a family of four.