Location: Susquehanna County, PA | Metro: Susquehanna County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,360 |
| 4 Bedrooms | $1,420 |
| 5 Bedrooms | $1,647 |
| 6 Bedrooms | $1,845 |
| 7 Bedrooms | $1,993 |
| 8 Bedrooms | $2,093 |
U.S. Census Bureau data (2024)
The ZIP code 18843 presents an interesting mix of potential yield and stability for real estate investors. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,040. This figure serves as a benchmark for rental income expectations under the Section 8 program. However, the lack of specific market rent and home value data for this ZIP code introduces uncertainty into the analysis.
In terms of stability, the ZIP code has a substantial percentage of renters at 50.3%. This indicates a robust demand for rental properties. Unfortunately, the data does not provide insights into the days on market (DOM) or median household income, which would be crucial for assessing the overall financial health and turnover rates of the rental market.
Given the available data, ZIP 18843 leans towards a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The high percentage of renters suggests a consistent demand for rental units, which is conducive to long-term investment strategies aimed at generating reliable cash flow. While the FMR of $1,040 is a fixed point that can be relied upon for Section 8 properties, the absence of market-specific data means we cannot definitively classify it as either high-yield or low-stability without additional information on local market conditions.
To make a more precise determination, further research into the local real estate market is advised. Specifically, understanding the average days on market and median household income will help clarify whether this ZIP code offers opportunities for higher yields through market-rate rentals or if it remains primarily a stable, Section 8-focused 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.