Section 8 Fair Market Rent (FMR) for ZIP 18333 - 2027

FY 2027 Fair Market Rent Rates

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Housing Authorities Serving ZIP 18333

• The Housing Authority of Monroe County (Stroudsburg, PA) - 521 Section 8 vouchers

The ZIP code 18333, located in Pike County, Pennsylvania, is a rural area that primarily consists of small towns and agricultural land. Despite its rural character, it offers a unique opportunity for real estate investors interested in the Section 8 housing market. The following analysis provides key insights into the rental and housing market dynamics in this region.

• Fair Market Rent (FMR): For the fiscal year 2024, the FMR for ZIP 18333 is set at $1460, which represents the maximum amount that a Section 8 voucher holder can pay for rent in this area.
• Rental Market: Market rent data is currently unavailable for this specific ZIP code, indicating a lack of comprehensive tracking of rental prices in this rural setting.
• Median Home Value: The median home value in ZIP 18333 stands at $322,137, providing a benchmark for potential property investments.
• Renter Share: A striking 100.0% of the population in this ZIP code are renters, suggesting a high demand for rental properties and a potentially robust market for Section 8 vouchers.
• Days on Market (DOM): Information regarding the average days on market for rental listings is not available, making it difficult to assess the speed at which properties are rented out.
• Median Income: Data on the median income for residents in ZIP 18333 is also not available, which could be crucial for understanding the economic profile of potential tenants.

Investors considering the Section 8 market in ZIP 18333 should focus on the strong demand for rental properties, indicated by the 100.0% renter share. With a defined FMR of $1460, there is a clear guideline for pricing properties that accept Section 8 vouchers. However, the absence of market rent data and median income figures suggests that further local research would be beneficial to fully understand the economic context and rental market dynamics. Despite these gaps, the median home value of $322,137 indicates a stable housing market, which could support steady returns for those investing in rental properties that cater to low-income families through the Section 8 program.

Data Sources: FMR data from HUD (2027). 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.