Housing market/Pennsylvania/ZIP 18643

ACS 2023 · FY2027 SAFMR

ZIP 18643 Pittston, 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
12,683
Households
5,695
Median HH income
$61,685
Renter share
27.7%
Median gross rent
$956
Vacancy
9.9%
Pop. change
+0.7%
2BR SAFMR
$1,340
SAFMR / rent
1.402×
2–49 unit stock
765
LIHTC proj / units
3 / 86
HUD assisted MF
2 / 102

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 18643 · PA — sent to you.

ZIP 18643 · PA

ACS median rent$956
2BR SAFMR$1,340
90% floor$1,206
110% ceiling$1,474

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

Housing stock

ACS 2023 units-in-structure · ZCTA 18643

  • 1-unit detached4,28267.7%
  • 1-unit attached73811.7%
  • 2–4 units5689.0%
  • 5–49 units1973.1%
  • 50+ units1181.9%
  • Mobile4186.6%
TypeUnitsShare
1-unit detached4,28267.7%
1-unit attached73811.7%
2 units (duplex)3405.4%
3–4 units2283.6%
5–9 units901.4%
10–19 units110.2%
20–49 units961.5%
50+ units1181.9%
Mobile4186.6%

2–4 unit share 9.0% · 5–49 unit share 3.1% · combined 2–49 12.1%.

Units by bedrooms

Studio
0
1BR
504
2BR
1,457
3BR
3,158
4BR
1,020
5+
182

Rent burden

Rent ≥30% of income33.7%
Rent ≥50% of income19.5%
  • ACS median gross rent $956 (all bedrooms, occupied rentals).
  • Median contract rent $737.
  • Renters paying ≥30% of income 33.7%; ≥50% 19.5%.
  • FY2027 2BR SAFMR $1,340 (1.402× ACS median gross rent).

Population

12,683 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.7%.

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

Assisted inventory

  • LIHTC: 3 projects, 86 units.
  • HUD project-based assisted MF: 2 properties, 102 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 21 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 18643 27.7% of occupied households are renters; vacancy is 9.9%; ACS median gross rent is $956; population increased +0.7% between the 2018 and 2023 ACS vintages; the housing stock includes 568 units in 2–4-unit structures and 197 units in 5–49-unit structures; 3 LIHTC projects totaling 86 units; FY2027 2BR SAFMR is $1,340 versus ACS median gross rent of $956. 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 18643 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 18643?

ZIP 18643 (Scranton--Wilkes-Barre, PA MSA) has 12,683 residents, 5,695 households, a renter share of 27.7%, median household income of $61,685, and ACS 2023 median gross rent of $956. Vacancy is 9.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 18643?

ACS counts 340 units in 2-unit buildings, 228 in 3–4 unit buildings, 90 in 5–9, 11 in 10–19, and 96 in 20–49. Combined 2–49 unit stock is 765 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 18643?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,340. See the full schedule and 90–110% payment-standard band on the ZIP 18643 — Pittston, PA HUD Section 8 Payment Standards / SAFMR.

Does this Pennsylvania ZIP profile include Georgia listings?

No. ZIP 18643 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.