Location: Susquehanna County, PA | Metro: Susquehanna County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $810 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,130 |
| 3 Bedrooms | $1,470 |
| 4 Bedrooms | $1,600 |
| 5 Bedrooms | $1,856 |
| 6 Bedrooms | $2,079 |
| 7 Bedrooms | $2,245 |
| 8 Bedrooms | $2,357 |
U.S. Census Bureau data (2024)
16.0% of renters in ZIP code 18441 represent a significant portion of the housing market, indicating a steady demand for rental properties. $1,070 is the Fair Market Rent (FMR) set for the metro area in fiscal year 2026, which serves as a benchmark for rental pricing. While the market rent and median home value data are not available, the median income of $85,938 provides insight into the financial capability of potential tenants. This income level suggests that many residents can afford rents up to the FMR without significant financial strain, supporting the viability of rental investments. The lack of data on days on market (DOM) and the percentage of price-cut shares does not provide a complete picture of the real estate transaction dynamics, but it does highlight areas where further investigation is warranted. For landlords and small-portfolio investors, focusing on properties that can be rented at or slightly below the $1,070 FMR could attract a substantial number of qualified tenants given the local income levels. Additionally, maintaining properties to ensure they meet the needs of a diverse tenant base, including those eligible for Section 8 assistance, is crucial. Given the absence of specific market rent data, it's prudent to rely on the FMR as a guideline for setting competitive rental rates. In conclusion, ZIP code 18441 presents a moderate opportunity for Section 8 investments, with the potential for stable occupancy and reasonable returns based on the available income and FMR 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.