Location: Susquehanna County, PA | Metro: Susquehanna County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $850 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,470 |
| 4 Bedrooms | $1,580 |
| 5 Bedrooms | $1,833 |
| 6 Bedrooms | $2,053 |
| 7 Bedrooms | $2,217 |
| 8 Bedrooms | $2,328 |
U.S. Census Bureau data (2024)
The Section 8 housing market in ZIP code 18828, located in Susquehanna County, PA, presents an interesting opportunity for investors. According to the latest HUD Fair Market Rent (FMR) data for fiscal year 2026, the FMR for the area is set at $1,130. This figure is slightly above the current market rent of $1,098 as reported by the Census Bureau's American Community Survey (ACS).
The comparison between the HUD FMR and the market rent indicates that voucher tenants will generally cashflow at the FMR rate. This means landlords can expect a positive cashflow when renting to Section 8 tenants at the FMR rate, without needing to rely on premium units. The slight premium of $32 over the market rent ensures that landlords receive a competitive rate while still being within the acceptable range for voucher holders.
The median home value in the area is currently not available. However, the lack of a median home value does not significantly impact the rent-to-price ratio analysis for rental properties. Since there is no median home value data, the focus remains on the rental market dynamics rather than the purchase market. This absence of home value data suggests that the investment strategy should prioritize rental income stability over potential appreciation in property values.
The median Days on Market (DOM) and the percentage of homes that experience price cuts are also not available. Despite this, the strong cashflow potential from renting to voucher tenants at the FMR rate remains the most compelling angle for investors. This stability in cashflow provides a reliable income stream, making it an attractive option for landlords and small-portfolio investors looking to secure steady returns in the ZIP 18828 market.
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.