Location: Sullivan County, PA | Metro: Sullivan County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $860 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,160 |
| 3 Bedrooms | $1,560 |
| 4 Bedrooms | $1,900 |
| 5 Bedrooms | $2,204 |
| 6 Bedrooms | $2,468 |
| 7 Bedrooms | $2,665 |
| 8 Bedrooms | $2,798 |
U.S. Census Bureau data (2024)
ZIP code 18626 is situated within the Sullivan County, PA metro area. The Fair Market Rent (FMR) for this ZIP is set at $1,030 for fiscal year 2026, which closely aligns with the average market rent of $1,000. This indicates that the rental prices in 18626 are consistent with the broader county standards.
The median home value in 18626 stands at $249,711, reflecting a property market that is neither excessively expensive nor particularly affordable when compared to other ZIP codes in the same county. This suggests that 18626 is likely a mid-tier neighborhood, offering a balance between affordability and quality of life.
The renter share in 18626 is 5.1%, which is a key figure for understanding the housing dynamics within the ZIP. A higher proportion of renters relative to homeowners can be indicative of various factors, including affordability issues or a transient population. However, given the median home value is on par with typical ZIPs in Sullivan County, it does not necessarily signal an affordability crisis.
To determine if 18626 represents a value pocket, a mid-tier neighborhood, or a premium sub-market within the Sullivan County, PA metro, we must consider the interplay between FMR, market rent, home value, and renter share. With FMR and market rent being nearly identical and the home value not significantly deviating from the county's norm, 18626 appears to be a mid-tier neighborhood. It offers landlords and small-portfolio investors a stable environment where rental prices match the fair market rates without indicating a premium or discounted market.
While the 5.1% renter share might suggest some interest from Section 8 participants, it is not sufficiently high to indicate a specific sweet spot for Section 8 tenants. The ZIP code's metrics suggest a balanced market rather than one skewed heavily towards either rental subsidies or luxury living conditions.
In summary, ZIP 18626 in Sullivan County, PA, presents itself as a mid-tier neighborhood, with rental and home values that reflect the broader county trends. The slightly elevated renter share does not point to a unique opportunity but rather to a typical mix of homeowners and renters seen across many ZIP codes in the region.
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.