Section 8 Fair Market Rent (FMR) for ZIP 18062 - 2027

Location: Reading, PA | Metro: Allentown-Bethlehem-Easton, PA HUD Metro FMR Area

Investment Score for ZIP 18062

D
Monthly Rent (2BR)
$2,550
Median Price (2BR)
$340,583
1% Rule
0.75%
Annual Yield
8.98%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,800
1 Bedroom$2,100
2 Bedrooms$2,550
3 Bedrooms$3,190
4 Bedrooms$3,440
5 Bedrooms$3,990
6 Bedrooms$4,469
7 Bedrooms$4,827
8 Bedrooms$5,068

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $2,550 $340,583 0.75% D
3BR $3,190 $397,766 0.8% C
4BR $3,440 $588,999 0.58% F
5BR $3,990 $701,808 0.57% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
27,110
Median Household Income
$110,675
Housing Units
10,336
Renter Percentage
19.1%
Occupancy Rate
97.1%
Renter Occupied
1,918

The market in ZIP 18062, Macungie, PA, is dynamic and indicative of strong rental demand. With a Fair Market Rent (FMR) set at $1920 for the fiscal year 2024 and a market rent of $2,162 as per ZORI, it's clear that the rental market is robust and slightly outpacing the FMR benchmark.

The low 0.1% price-cut share and short 6-day days on market (DOM) suggest that properties listed for rent are quickly absorbed by the market, indicating a scenario where demand is higher than supply. This is further supported by the relatively high median home value of $445,057, which can make homeownership less accessible to some residents, thereby increasing reliance on the rental market.

A 19.1% renter share implies a significant portion of the population is租房市场。这一比例表明,相当一部分人口依赖租赁住房,这给长期住房压力带来了启示。较高的租户比例可能意味着该地区的居民更难以负担购房成本,从而增加了对租赁市场的依赖。这种动态可能会持续存在,因为较高的房价和有限的可售房源使得更多人选择租房而非购房。此外,租金略高于公平市场租金(FMR)也说明了市场需求强劲。总之,ZIP代码18062的市场显示出需求超过供给的趋势,这对小规模房地产投资者和房东来说是一个积极的信号。

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.