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 | $1,250 |
| 1 Bedroom | $1,260 |
| 2 Bedrooms | $1,540 |
| 3 Bedrooms | $2,100 |
| 4 Bedrooms | $2,570 |
| 5 Bedrooms | $2,981 |
| 6 Bedrooms | $3,339 |
| 7 Bedrooms | $3,606 |
| 8 Bedrooms | $3,786 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,260 | $168,255 | 0.75% | D |
| 2BR | $1,540 | $244,023 | 0.63% | D |
| 3BR | $2,100 | $332,897 | 0.63% | D |
| 4BR | $2,570 | $439,489 | 0.58% | F |
| 5BR | $2,981 | $493,470 | 0.6% | D |
U.S. Census Bureau data (2024)
The potential risks for a Section 8 landlord in ZIP code 18360, Stroudsburg, PA, are significant and must be carefully considered. Firstly, tenant turnover could pose a challenge due to the disparity between the market rent of $1,774 and the Fair Market Rent (FMR) of $1360 for FY 2024. This difference indicates that tenants might struggle to afford the higher market rents, leading to frequent moves and higher vacancy rates.
Vacancy exposure is another concern. The Days on Market (DOM) data is not available, which suggests that it may be difficult to predict how long properties will remain vacant before being rented out. This uncertainty can lead to financial strain for landlords who rely on steady rental income.
Deferred maintenance is also a risk factor. With a typical home value of $346,562 and a median income of $71,481, homeowners may find it challenging to keep up with necessary repairs and upgrades. This situation can result in properties falling below the required standards set by Section 8, forcing landlords to invest in maintenance or risk losing their vouchers.
However, these risks are offset by the high density of renters in the area, with 29.8% of residents being renters. High renter density often translates into a robust demand for housing vouchers, which can help stabilize occupancy and reduce the likelihood of prolonged vacancies.
Verdict: Moderate risk for a first-time Section 8 landlord.
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.