Section 8 Fair Market Rent (FMR) for ZIP 18614 - 2027

Location: Sullivan County, PA | Metro: Scranton--Wilkes-Barre, PA MSA

Investment Score for ZIP 18614

F
Monthly Rent (2BR)
$1,130
Median Price (2BR)
$192,073
1% Rule
0.59%
Annual Yield
7.06%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$780
1 Bedroom$930
2 Bedrooms$1,130
3 Bedrooms$1,470
4 Bedrooms$1,710
5 Bedrooms$1,984
6 Bedrooms$2,222
7 Bedrooms$2,400
8 Bedrooms$2,520

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,130 $192,073 0.59% F
3BR $1,470 $245,531 0.6% F
4BR $1,710 $260,045 0.66% D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
1,986
Median Household Income
$68,864
Housing Units
1,753
Renter Percentage
15.7%
Occupancy Rate
53.5%
Renter Occupied
147

The dynamics of ZIP 18614, located in Dushore, PA, suggest a market in motion. The Fair Market Rent (FMR) for the area stands at $970 for fiscal year 2024, while the actual market rent, as reported by the Census Bureau's American Community Survey (ACS), is currently at $725. This discrepancy indicates that there may be a potential upward trend in rental prices, driven by factors such as increased demand or changes in local regulations.

A median home value of $205,036 reflects the overall affordability of the housing market in Dushore. However, the lack of specific data on price-cut shares and days on the market (DOM) makes it challenging to definitively conclude whether supply is outpacing demand or vice versa. Nonetheless, the relatively low market rent compared to the FMR suggests that rental properties might be undervalued, which could indicate a demand-driven market where tenants are willing to pay more to secure housing.

The 15.7% renter share provides insight into the long-term housing pressures in the area. A smaller proportion of renters implies a higher percentage of homeowners, which can stabilize the local economy and reduce volatility in the housing market. However, it also means that any increase in rental demand could put significant pressure on available units, potentially leading to rapid rent growth if the supply of rental properties does not keep pace with demand.

In summary, ZIP 18614 appears to be a market characterized by potential upward rental price movements and a predominantly homeowner-driven community. Landlords and small-portfolio investors should closely monitor trends in rental demand and housing supply to capitalize on opportunities as they arise.

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.