Section 8 Fair Market Rent (FMR) for ZIP 18332 - 2027

Location: Monroe County, PA | Metro: Monroe County, PA

Investment Score for ZIP 18332

Monthly Rent (2BR)

$1,440

Median Price (2BR)

$225,409

1% Rule

0.64%

Annual Yield

7.67%

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	$1,150
1 Bedroom	$1,160
2 Bedrooms	$1,440
3 Bedrooms	$1,940
4 Bedrooms	$2,370
5 Bedrooms	$2,749
6 Bedrooms	$3,079
7 Bedrooms	$3,325
8 Bedrooms	$3,491

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
2BR	$1,440	$225,409	0.64%	D
3BR	$1,940	$306,163	0.63%	D
4BR	$2,370	$383,561	0.62%	D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

3,508

Median Household Income

$91,912

Housing Units

1,555

Renter Percentage

10.7%

Occupancy Rate

87.1%

Renter Occupied

145

Henryville, Pennsylvania, located in the zip code 18332, is a quiet suburban area known for its close-knit community and proximity to larger cities, offering residents a peaceful living environment with access to urban amenities.

The Fair Market Rent (FMR) for a two-bedroom apartment in Henryville for fiscal year 2024 is set at $1870, indicating a stable rental market.
The average market rent for properties in the area, according to the Census American Community Survey, is $1,202, suggesting that there is potential for rental properties to command higher rates if they offer superior amenities or conditions.
The median home value in Henryville is $320,510, reflecting a moderate property value that can be attractive for both homeowners and investors looking for solid returns.
Renters make up 10.7% of the population, which is relatively low compared to urban centers, but still represents a significant portion of the housing market that should be considered by landlords.
The median household income in the area is $91,912, providing evidence of a financially stable community that can support higher rents and property values.
The days on market (DOM) for rentals is listed as N/A, which could imply a quick turnover rate or a less active rental market. Further investigation would be needed to clarify this metric.

Given the data, investors in Henryville can expect a steady rental market with opportunities for above-average rents due to the high FMR and median income levels. The low renter share suggests that while there is demand, it may not be as robust as in more densely populated areas, and landlords should focus on maintaining competitive pricing and quality to attract tenants. The moderate median home value indicates a balanced investment opportunity where appreciation and rental yields are likely to be reasonable. Overall, Henryville presents a conservative yet promising investment environment for those interested in real estate within the Section 8 framework.

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.