Location: Allentown-Bethlehem-Easton, PA | Metro: Allentown-Bethlehem-Easton, PA HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,200 |
| 1 Bedroom | $1,400 |
| 2 Bedrooms | $1,700 |
| 3 Bedrooms | $2,130 |
| 4 Bedrooms | $2,290 |
| 5 Bedrooms | $2,656 |
| 6 Bedrooms | $2,975 |
| 7 Bedrooms | $3,213 |
| 8 Bedrooms | $3,374 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,700 | $269,696 | 0.63% | D |
| 3BR | $2,130 | $362,240 | 0.59% | F |
| 4BR | $2,290 | $454,850 | 0.5% | F |
U.S. Census Bureau data (2024)
The median income in ZIP 18037, Coplay, PA, stands at $83,542. Considering the market rate for rent at $1,203 according to Census ACS data, it becomes evident that the average household in this area can indeed afford the typical rental costs. However, the comparison between the market rate and the Fair Market Rent (FMR) set at $1,370 for zip FY 2024 reveals a discrepancy that highlights the affordability gap faced by some tenants.
In Coplay, PA, where the population is 7,472 and 20.9% of residents are renters, this gap means that landlords will face competition when setting their rents. Tenants seeking affordable housing options might lean towards properties that accept Section 8 vouchers, which cover up to the FMR amount, thereby reducing out-of-pocket expenses for those who qualify.
The takeaway for landlords is clear: accepting Section 8 vouchers can be a strategic advantage in a competitive rental market. While voucher payments ensure steady, government-backed income, they cap the rent at $1,370, slightly above the current market rate. Landlords should weigh the benefits of guaranteed rent against the potential for higher cash pay rents if the market rate continues to rise. In ZIP 18037, the decision should consider the local tenant demographics and the desire for long-term, stable tenancy.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.