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FY2017 Hypothetical Small Area FMRs For Lycoming County, PA

In metropolitan areas, HUD defines Small Areas using ZIP Codes within the metropolitan area. Using ZIP codes as the basis for FMRs provides tenants with greater ability to move into ?Opportunity Neighborhoods? with jobs, public transportation, and good schools. They also provide for multiple payment standards within a metropolitan area, and they are likely to reduce need for extensive market area rent reasonableness studies. Lastly, HUD hopes that setting FMRs for each ZIP code will reduce overpayment in lower-rent areas.

Lycoming County is part of the Williamsport, PA MSA.

Lycoming County, PA Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
16930 $830 $830 $1,020 $1,370 $1,410 1.222
16938 $560 $560 $690 $930 $950 0.826
17701 $690 $700 $850 $1,140 $1,170 1.013
17702 $720 $720 $880 $1,180 $1,210 1.052
17703 $680 $680 $830 $1,120 $1,140 0.992
17720 $680 $680 $830 $1,120 $1,140 0.992
17723 $680 $680 $830 $1,120 $1,140 0.992
17724 $550 $560 $680 $910 $940 0.793
17727 $680 $680 $830 $1,120 $1,140 0.992
17728 $590 $600 $730 $980 $1,010 0.879
17737 $550 $560 $680 $910 $940 0.819
17739 $680 $680 $830 $1,120 $1,140 0.992
17740 $620 $620 $760 $1,020 $1,050 0.908
17742 $680 $680 $830 $1,120 $1,140 0.992
17744 $660 $660 $810 $1,090 $1,120 0.969
17745 $670 $670 $820 $1,100 $1,130 0.986
17747 $680 $680 $830 $1,120 $1,140 0.992
17752 $700 $700 $860 $1,160 $1,190 1.027
17754 $760 $770 $940 $1,260 $1,300 1.127
17756 $600 $600 $740 $990 $1,020 0.885
17758 $810 $820 $1,000 $1,350 $1,380 1.193
17762 $650 $650 $800 $1,080 $1,100 0.956
17763 $910 $920 $1,120 $1,510 $1,540 1.336
17765 $800 $800 $980 $1,320 $1,350 1.179
17769 $680 $680 $830 $1,120 $1,140 0.992
17771 $680 $690 $840 $1,130 $1,160 1.009
17772 $680 $680 $830 $1,120 $1,140 0.992
17774 $630 $630 $770 $1,030 $1,060 0.918
17776 $550 $560 $680 $910 $940 0.721
17810 $640 $650 $790 $1,060 $1,090 0.949
17814 $610 $660 $840 $1,060 $1,280 0.954
17846 $600 $650 $830 $1,040 $1,270 0.922

* Small Area FMRs presented with an asterisk are calculated in accordance with the Guidance For Preparing Comments on Small Area FMRs available at here.

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