ZIP 18042 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 18042 in the Allentown-Bethlehem-Easton, PA FMR area.

Allentown-Bethlehem-Easton, PA

$1,350Efficiency
$1,5701 bedroom
$1,9002 bedrooms
$2,3803 bedrooms
$2,5604 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,350$1,215$1,485$1,302
1 bedroom$1,570$1,413$1,727$1,519
2 bedrooms$1,900$1,710$2,090$1,839
3 bedrooms$2,380$2,142$2,618$2,306
4 bedrooms$2,560$2,304$2,816$2,482

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA

$1,350Efficiency
$1,5701 bedroom
$1,9002 bedrooms
$2,3803 bedrooms
$2,5604 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,350$1,215$1,485$1,438
1 bedroom$1,570$1,413$1,727$1,558
2 bedrooms$1,900$1,710$2,090$1,860
3 bedrooms$2,380$2,142$2,618$2,216
4 bedrooms$2,560$2,304$2,816$2,445

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 18042

$67,085average adjusted gross income per tax return (2022)
$48,590average salaries and wages per return
19,540tax returns filed
34%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00030.7%
$25,000 to $50,00027.4%
$50,000 to $75,00017.1%
$75,000 to $100,0009.4%
$100,000 to $200,00011.6%
$200,000 or more3.8%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 18.7% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 18042?

HUD's FY2027 Small Area FMRs for ZIP 18042 (Allentown-Bethlehem-Easton, PA) are $1,350 efficiency, $1,570 one bedroom, $1,900 two bedrooms, $2,380 three and $2,560 four bedrooms.

What payment standard can a housing authority set in ZIP 18042?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,710 to $2,090.

How affordable is rent in ZIP 18042?

Tax returns filed from ZIP 18042 reported an average adjusted gross income of $67,085 (2022). A two-bedroom unit at the Small Area FMR costs $22,800 a year, or 34% of that income.