Location: Scranton--Wilkes-Barre, PA | Metro: Scranton--Wilkes-Barre, PA MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $900 |
| 1 Bedroom | $1,040 |
| 2 Bedrooms | $1,290 |
| 3 Bedrooms | $1,690 |
| 4 Bedrooms | $1,850 |
| 5 Bedrooms | $2,146 |
| 6 Bedrooms | $2,404 |
| 7 Bedrooms | $2,596 |
| 8 Bedrooms | $2,726 |
U.S. Census Bureau data (2024)
In ZIP code 18625, the Section 8 program operates under the Single Area Fair Market Rent (SAFMR) system, where the rate is specifically set for this ZIP code. For a two-bedroom apartment, the SAFMR for fiscal year 2024 is $910. This figure represents the maximum amount that the government will pay on behalf of a tenant with a housing voucher.
The tenant is responsible for paying a portion of the rent, which is typically 30% of their adjusted income. If the tenant's income is $1,500 per month, their contribution would be $450 ($1,500 x 0.30). This leaves a $460 shortfall for the landlord, who must rely on the voucher payment of $910 to cover the remaining rent.
In addition to the base rent, there are utility allowances. These allowances vary based on the number of bedrooms and can provide additional compensation to landlords. However, the exact amount for ZIP 18625 is not specified in the provided data, so it's important to check with the local housing authority for the most accurate figures.
To understand the total reimbursement, you need to add the tenant's contribution and the utility allowance to the voucher payment. Assuming the utility allowance is $150, the total reimbursement would be $1,510 ($910 + $450 + $150).
If the local market rent for a two-bedroom apartment is higher than the SAFMR, landlords will experience a reimbursement gap. Conversely, if the market rent is lower, they might see a surplus. Given the SAFMR of $910, landlords should compare this against the actual market rates in ZIP 18625 to determine their financial position.
The typical reimbursement gap or surplus in ZIP 18625 for a two-bedroom apartment is currently unknown due to the lack of specific market rent data. Landlords should monitor local rental trends and adjust their expectations accordingly.
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.