Housing market/Pennsylvania/ZIP 18657

ACS 2023 · FY2027 SAFMR

ZIP 18657 Tunkhannock, 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
11,043
Households
4,640
Median HH income
$75,293
Renter share
28.2%
Median gross rent
$934
Vacancy
13.2%
Pop. change
-8.4%
2BR SAFMR
$1,260
SAFMR / rent
1.349×
2–49 unit stock
463
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 18657 · PA — sent to you.

ZIP 18657 · PA

ACS median rent$934
2BR SAFMR$1,260
90% floor$1,134
110% ceiling$1,386

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

Housing stock

ACS 2023 units-in-structure · ZCTA 18657

  • 1-unit detached4,23279.2%
  • 1-unit attached1693.2%
  • 2–4 units2755.1%
  • 5–49 units1883.5%
  • Mobile4829.0%
TypeUnitsShare
1-unit detached4,23279.2%
1-unit attached1693.2%
2 units (duplex)1372.6%
3–4 units1382.6%
5–9 units891.7%
10–19 units741.4%
20–49 units250.5%
50+ units00.0%
Mobile4829.0%

2–4 unit share 5.1% · 5–49 unit share 3.5% · combined 2–49 8.7%.

Units by bedrooms

Studio
51
1BR
330
2BR
1,131
3BR
2,534
4BR
1,105
5+
195

Rent burden

Rent ≥30% of income22.1%
Rent ≥50% of income12.3%
  • ACS median gross rent $934 (all bedrooms, occupied rentals).
  • Median contract rent $743.
  • Renters paying ≥30% of income 22.1%; ≥50% 12.3%.
  • FY2027 2BR SAFMR $1,260 (1.349× ACS median gross rent).

Population

11,043 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -8.4%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 34 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 18657 28.2% of occupied households are renters; vacancy is 13.2%; ACS median gross rent is $934; population changed -8.4% between the 2018 and 2023 ACS vintages; the housing stock includes 275 units in 2–4-unit structures and 188 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,260 versus ACS median gross rent of $934. 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 18657 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 18657?

ZIP 18657 (Scranton--Wilkes-Barre, PA MSA) has 11,043 residents, 4,640 households, a renter share of 28.2%, median household income of $75,293, and ACS 2023 median gross rent of $934. Vacancy is 13.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 18657?

ACS counts 137 units in 2-unit buildings, 138 in 3–4 unit buildings, 89 in 5–9, 74 in 10–19, and 25 in 20–49. Combined 2–49 unit stock is 463 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 18657?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,260. See the full schedule and 90–110% payment-standard band on the ZIP 18657 — Tunkhannock, PA HUD Section 8 Payment Standards / SAFMR.

Does this Pennsylvania ZIP profile include Georgia listings?

No. ZIP 18657 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.