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 | $1,040 |
| 1 Bedroom | $1,050 |
| 2 Bedrooms | $1,380 |
| 3 Bedrooms | $1,780 |
| 4 Bedrooms | $2,140 |
| 5 Bedrooms | $2,482 |
| 6 Bedrooms | $2,780 |
| 7 Bedrooms | $3,002 |
| 8 Bedrooms | $3,152 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,380 | $283,804 | 0.49% | F |
| 3BR | $1,780 | $426,251 | 0.42% | F |
| 4BR | $2,140 | $544,060 | 0.39% | F |
| 5BR | $2,482 | $701,837 | 0.35% | F |
U.S. Census Bureau data (2024)
1460 is the Fair Market Rent (FMR) for ZIP code 18350, Pocono Pines, PA, as set for fiscal year 2024. Despite this figure, the market rent for the area is currently not available, suggesting a lack of recent data on local rental trends. The median home value in Pocono Pines stands at $444,621, which provides a benchmark for property values but does not directly correlate with rental income potential. Renter share in the area is only 1.1%, indicating that the majority of residents prefer homeownership over renting. Median income for the ZIP is reported at $115,913, a significant amount that could influence the ability of residents to pay higher rents or qualify for Section 8 programs. However, the average days on market (DOM) for rentals is not available, making it difficult to assess how quickly properties can be leased. The price-cut share for the area is a mere 0.1%, implying that few landlords have had to reduce their asking prices to attract tenants, a positive sign for maintaining rental rates. Given these factors, particularly the low renter share and high median home value, landlords should be cautious about relying solely on Section 8 tenants to fill vacancies. The limited availability of recent market data also suggests that thorough due diligence is necessary before investing in the area. In conclusion, while the potential for stable rental income exists, the current environment in 18350 does not strongly favor Section 8 as a primary tenant source.
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.