Location: Monroe County, PA | Metro: Monroe County, PA
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 | $1,310 |
| 1 Bedroom | $1,320 |
| 2 Bedrooms | $1,620 |
| 3 Bedrooms | $2,210 |
| 4 Bedrooms | $2,710 |
| 5 Bedrooms | $3,144 |
| 6 Bedrooms | $3,521 |
| 7 Bedrooms | $3,803 |
| 8 Bedrooms | $3,993 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,320 | $154,339 | 0.86% | C |
| 2BR | $1,620 | $225,983 | 0.72% | D |
| 3BR | $2,210 | $307,813 | 0.72% | D |
| 4BR | $2,710 | $402,935 | 0.67% | D |
| 5BR | $3,144 | $443,725 | 0.71% | D |
U.S. Census Bureau data (2024)
The East Stroudsburg, PA market, represented by ZIP code 18301, is currently experiencing a dynamic equilibrium between supply and demand. The Fair Market Rent (FMR) for the area stands at $1,490 for fiscal year 2024, while the actual market rent, as indicated by Zillow's ZORI index, is higher at $1,935. This suggests that landlords can charge above the government-subsidized rates, indicating strong tenant interest in the area.
A key indicator of the market's health is the low price-cut share of 0.1%, which implies that properties are generally selling close to their asking price without significant discounts. Coupled with a relatively short days-on-market (DOM) period of 28 days, this indicates that homes are moving quickly once they are listed, pointing towards a market where demand meets supply efficiently.
The median home value in East Stroudsburg is $323,625, which reflects a stable residential market. However, the 26.0% renter share suggests a substantial portion of the population is renting rather than owning homes. This high percentage of renters could indicate long-term housing pressure due to affordability concerns or lifestyle choices. As a result, landlords can expect a steady stream of potential tenants interested in rental properties, making it a viable investment option.
In summary, the East Stroudsburg market is characterized by a robust rental sector and efficient sales processes. Landlords should capitalize on the higher market rents compared to the FMR and anticipate continued demand from renters. Small-portfolio investors looking to enter the East Stroudsburg market will find a balanced environment with opportunities for both rental income and property appreciation.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.