Location: Wayne County, PA | Metro: Susquehanna County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $750 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,710 |
| 5 Bedrooms | $1,984 |
| 6 Bedrooms | $2,222 |
| 7 Bedrooms | $2,400 |
| 8 Bedrooms | $2,520 |
U.S. Census Bureau data (2024)
ZIP code 18430, located in Wayne County, PA metro, can serve as an effective diversifier within a Section 8 portfolio strategy. With a renter share of 7.7%, this area indicates a moderate reliance on rental properties, which is beneficial for landlords looking to balance their investment portfolios. The median income in ZIP 18430 stands at $92,083, suggesting that residents have a stable financial foundation, which reduces the risk of tenant default and enhances the likelihood of timely rent payments.
While the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is $990, and there's currently no data available for market trends or median home values in ZIP 18430, the existing information supports its role as a diversifier. The higher median income provides a buffer against economic fluctuations, ensuring that even if some tenants face financial challenges, others with stronger financial positions can help maintain steady cash flow.
Furthermore, the lack of specific data on price-cut shares and days on market (DOM) does not detract from its potential as a diversifier. In areas where there is a mix of homeowners and renters, landlords often benefit from a broader economic base. This ZIP code's characteristics align well with the goal of spreading risk across different types of real estate investments, making it a valuable addition to a Section 8 portfolio.
To summarize, ZIP 18430 is best suited as a diversifier within a Section 8 portfolio strategy due to its balanced renter share and strong median income. These factors contribute to a stable environment where landlords can expect reliable tenant performance and consistent cash flow, despite the absence of detailed market trend data.
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.