Location: Susquehanna County, PA | Metro: Susquehanna County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $820 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,120 |
| 3 Bedrooms | $1,450 |
| 4 Bedrooms | $1,530 |
| 5 Bedrooms | $1,775 |
| 6 Bedrooms | $1,988 |
| 7 Bedrooms | $2,147 |
| 8 Bedrooms | $2,254 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors targeting ZIP code 18816 in Susquehanna County, PA, reveals several key points regarding the viability of voucher tenants. The HUD Fair Market Rent (FMR) for the area, as of fiscal year 2026, is set at $1,090. However, due to limited data availability, the current market rent for the region cannot be directly compared to this figure. This lack of comparative data makes it challenging to determine if voucher tenants will cashflow at the FMR rate, marginally, or only with premium units.
Similarly, the median home value for ZIP 18816 is also not available, which means we cannot calculate a precise rent-to-price ratio. Without this ratio, it's difficult to fully assess the rent-versus-buy dynamics in the area. However, given that the HUD FMR is established based on comprehensive assessments of housing costs, it can still serve as a reliable benchmark for evaluating rental property investments.
The days on market (DOM) and the percentage of price cuts are also not provided, making it impossible to gauge how quickly properties are selling and at what discounts. Nonetheless, these metrics would typically influence an investor's decision-making process by indicating the health of the local real estate market and the potential for appreciation or stability.
In conclusion, while specific market rent and median home values are unavailable, the HUD FMR of $1,090 provides a solid basis for Section 8 investors to evaluate their potential cashflow scenarios. Given the absence of critical market data, the strongest investor angle in ZIP 18816 appears to be stability, as the FMR offers a predictable income stream for those willing to navigate the uncertainties of less detailed market information.
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.