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 | $1,530 |
| 1 Bedroom | $1,540 |
| 2 Bedrooms | $1,880 |
| 3 Bedrooms | $2,570 |
| 4 Bedrooms | $3,140 |
| 5 Bedrooms | $3,642 |
| 6 Bedrooms | $4,079 |
| 7 Bedrooms | $4,405 |
| 8 Bedrooms | $4,625 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,880 | $246,065 | 0.76% | D |
| 3BR | $2,570 | $315,879 | 0.81% | C |
| 4BR | $3,140 | $405,171 | 0.77% | D |
U.S. Census Bureau data (2024)
Tannersville, PA (ZIP 18372), located in Monroe County within the PA metro area, offers unique opportunities for inclusion in a Section 8 portfolio strategy. This ZIP code should be considered an appreciation play due to several key factors.
The primary reason Tannersville stands out as an appreciation play is its low price-cut share at just 0.2%. This indicates that properties in this area maintain their value well and rarely need to be discounted to sell. Additionally, the day DOM (days on market) is listed as N/A, which suggests that homes in this area typically sell quickly without extended periods on the market. These characteristics point towards a stable and potentially appreciating real estate market.
Moreover, the ZIP's median home value is $333,658, suggesting that while it isn't the most expensive market, it does offer a reasonable entry point for investment. The fact that the Fair Market Rent (FMR) for FY 2024 is $1,640, slightly below the market rent of $1,659, means that landlords can expect to earn a competitive rental income while still maintaining affordability for tenants. This spread of $19 between the FMR and market rent is minimal but favorable for those seeking to balance tenant affordability with landlord profitability.
Another factor supporting Tannersville as an appreciation play is the median income of $123,344. This relatively high income level implies a strong economic base, reducing the risk of default among tenants and increasing the likelihood of property value appreciation over time. While the renter share at 19.4% might seem modest, it aligns well with the goal of securing long-term, stable tenants who are less likely to move frequently, thus providing consistent cash flow and minimizing vacancy rates.
In conclusion, Tannersville, PA (ZIP 18372) is best suited as an appreciation play within a Section 8 portfolio strategy. Its low price-cut share, quick sales, competitive median home value, and robust median income make it a promising area for investment with potential for long-term capital gains.
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.