ZIP 18615 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 18615 in the Scranton--Wilkes-Barre, PA MSA FMR area.

$820Efficiency
$9601 bedroom
$1,1802 bedrooms
$1,5503 bedrooms
$1,7004 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$820$738$902$949
1 bedroom$960$864$1,056$1,106
2 bedrooms$1,180$1,062$1,298$1,363
3 bedrooms$1,550$1,395$1,705$1,786
4 bedrooms$1,700$1,530$1,870$1,962

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

Income in ZIP 18615

$74,572average adjusted gross income per tax return (2022)
$47,504average salaries and wages per return
900tax returns filed
19%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00027.8%
$25,000 to $50,00020.0%
$50,000 to $75,00015.6%
$75,000 to $100,00011.1%
$100,000 to $200,00020.0%
$200,000 or more5.6%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 10.0% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 18615?

HUD's FY2027 Small Area FMRs for ZIP 18615 (Scranton--Wilkes-Barre, PA MSA) are $820 efficiency, $960 one bedroom, $1,180 two bedrooms, $1,550 three and $1,700 four bedrooms.

What payment standard can a housing authority set in ZIP 18615?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,062 to $1,298.

How affordable is rent in ZIP 18615?

Tax returns filed from ZIP 18615 reported an average adjusted gross income of $74,572 (2022). A two-bedroom unit at the Small Area FMR costs $14,160 a year, or 19% of that income.