Housing market/Pennsylvania/ZIP 18509

ACS 2023 · FY2027 SAFMR

ZIP 18509 Scranton, Pennsylvania

Scranton--Wilkes-Barre, PA MSA · Pennsylvania. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
13,268
Households
5,206
Median HH income
$52,206
Renter share
53.0%
Median gross rent
$991
Vacancy
13.5%
Pop. change
-3.5%
2BR SAFMR
$1,380
SAFMR / rent
1.393×
2–49 unit stock
2,402
LIHTC proj / units
2 / 66
HUD assisted MF
1 / 90

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 18509 · PA — sent to you.

ZIP 18509 · PA

ACS median rent$991
2BR SAFMR$1,380
90% floor$1,242
110% ceiling$1,518

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 18509

  • 1-unit detached2,55342.4%
  • 1-unit attached66811.1%
  • 2–4 units1,96732.7%
  • 5–49 units4357.2%
  • 50+ units3776.3%
  • Mobile170.3%
TypeUnitsShare
1-unit detached2,55342.4%
1-unit attached66811.1%
2 units (duplex)1,02617.1%
3–4 units94115.6%
5–9 units1953.2%
10–19 units1712.8%
20–49 units691.1%
50+ units3776.3%
Mobile170.3%

2–4 unit share 32.7% · 5–49 unit share 7.2% · combined 2–49 39.9%.

Units by bedrooms

Studio
240
1BR
1,122
2BR
1,411
3BR
2,033
4BR
884
5+
327

Rent burden

Rent ≥30% of income53.1%
Rent ≥50% of income24.4%
  • ACS median gross rent $991 (all bedrooms, occupied rentals).
  • Median contract rent $810.
  • Renters paying ≥30% of income 53.1%; ≥50% 24.4%.
  • FY2027 2BR SAFMR $1,380 (1.393× ACS median gross rent).

Population

13,268 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -3.5%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 2 projects, 66 units.
  • HUD project-based assisted MF: 1 properties, 90 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 18509 53.0% of occupied households are renters; vacancy is 13.5%; ACS median gross rent is $991; population changed -3.5% between the 2018 and 2023 ACS vintages; the housing stock includes 1,967 units in 2–4-unit structures and 435 units in 5–49-unit structures; 2 LIHTC projects totaling 66 units; FY2027 2BR SAFMR is $1,380 versus ACS median gross rent of $991. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Pennsylvania research

ZIP 18509 is a Census / HUD profile for Scranton--Wilkes-Barre, PA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Pennsylvania research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 18509?

ZIP 18509 (Scranton--Wilkes-Barre, PA MSA) has 13,268 residents, 5,206 households, a renter share of 53.0%, median household income of $52,206, and ACS 2023 median gross rent of $991. Vacancy is 13.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 18509?

ACS counts 1,026 units in 2-unit buildings, 941 in 3–4 unit buildings, 195 in 5–9, 171 in 10–19, and 69 in 20–49. Combined 2–49 unit stock is 2,402 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 18509?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,380. See the full schedule and 90–110% payment-standard band on the ZIP 18509 — Scranton, PA HUD Section 8 Payment Standards / SAFMR.

Does this Pennsylvania ZIP profile include Georgia listings?

No. ZIP 18509 is Census / HUD research for Scranton--Wilkes-Barre, PA MSA. Jeff Crowe CRE does not list Pennsylvania property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.