Section 8 Fair Market Rent (FMR) for ZIP 18825 - 2027

Location: Susquehanna County, PA | Metro: Susquehanna County, PA

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$820
1 Bedroom$860
2 Bedrooms$1,110
3 Bedrooms$1,450
4 Bedrooms$1,540
5 Bedrooms$1,786
6 Bedrooms$2,000
7 Bedrooms$2,160
8 Bedrooms$2,268

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
137
Median Household Income
$72,679
Housing Units
90
Renter Percentage
10.9%
Occupancy Rate
61.1%
Renter Occupied
6

The analysis of ZIP code 18825 in Susquehanna County, Pennsylvania, reveals critical insights into its viability for rental investments. To determine if the rent math works, we must compare the Fair Market Rent (FMR) set at $1,070 for the fiscal year 2026 with the current market rent. Unfortunately, the current market rent data is unavailable, making it challenging to assess whether the rent charged aligns with what tenants are willing to pay. This uncertainty is a significant risk factor for potential investors.

Regarding the affordability of property acquisitions, the data is also lacking, with no median home value, days on market (DOM), or percentage of homes that have been discounted due to prolonged listings. Without these key indicators, it's impossible to evaluate how competitive the purchase prices are or how long it might take to acquire a property. This absence of information suggests a less transparent real estate market, which could be a deterrent for new investors.

Tenant demand is another crucial aspect. The ZIP code has a population of 137, with a renter share of 10.9%. Given the small population size, the number of potential renters is limited, which could impact the ability to consistently fill rental units. The low renter share further indicates a preference among residents for homeownership over renting, suggesting a potentially weak tenant market.

In conclusion, while the Fair Market Rent provides a benchmark for rental pricing, the lack of current market rent data, along with the incomplete information on property acquisition costs and tenant demand, makes ZIP 18825 a risky investment. The small population and low renter share suggest limited opportunities for consistent occupancy, which is essential for the success of rental properties. Investors should proceed with caution and seek additional data before committing resources to this area.

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.