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Lehigh County/Emmaus/18049

18049

ZIPSAFMR
Lehigh County, PA
Zillow

ZIP Investment Score

87Below average

095130300
BRFMR
Eff. Rent
0 BR$1,300$1,430
1 BR$1,510$1,660
2 BR$1,830$1,840
3 BR$2,290$2,090
4 BR$2,470$2,690
5 BR$2,841Not available
6 BR$3,267Not available
7 BR$3,757Not available
8 BR$4,320Not available

Purchase Price Calculator

Maximum purchase price
$211,507

Cost breakdown

+Likely effective rent$1,840
HUD FMR$1,830
Market rent$1,840
Est. payment standard (100%)Used$1,840
-Principal and interest-$1,069
Loan amount$169,205
Down payment$42,301
Rate6.50%
Term30 years
-Operating costs-$571
Property taxes-$212
Insurance-$175
Utilities$0
HOA$0
Management-$184
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,525(69.8% ROI)
Projected value
$227,770
Return breakdown
Property appreciation+$16,263
Loan principal paid down+$6,062
Rental cash flow+$7,200
5-year hold
+$50,604(119.6% ROI)
Projected value
$239,300
Return breakdown
Property appreciation+$27,794
Loan principal paid down+$10,811
Rental cash flow+$12,000
10-year hold
+$108,999(257.7% ROI)
Projected value
$270,747
Return breakdown
Property appreciation+$59,240
Loan principal paid down+$25,760
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.78
1 BR
0.87
2 BR
0.99
3 BR
1.10
4 BR
0.88
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 18049 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 18049 (Emmaus, PA) is $1,830 a month. That is up 12.3% from $1,630 in FY 2026. Emmaus is in the Allentown-Bethlehem-Easton, PA HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,839. Among 38 ZIP codes in Lehigh County, 18049 is tied for the 17th-highest two-bedroom rent (county range $1,480–$2,760). The median county two-bedroom FMR in Pennsylvania is $1,136, so ZIP 18049 is 61% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 18049
BedroomsFY 2027Change90–110% range
Studio$1,300+15.0%$1,170–$1,430
1BR$1,510+12.7%$1,359–$1,661
2BR$1,830+12.3%$1,647–$2,013
3BR$2,290+10.1%$2,061–$2,519
4BR$2,470+12.8%$2,223–$2,717

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 18049
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,300$1,510$1,830$2,290$2,470
FY 2026$1,130$1,340$1,630$2,080$2,190
FY 2025$1,040$1,220$1,510$1,930$2,010
FY 2024$980$1,140$1,430$1,830$1,910
FY 2023$980$1,110$1,410$1,810$1,890

Two-bedroom rent in nearby Lehigh County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 18049
18034$2,610+42.6%
18036$1,690−7.7%
18037$1,700−7.1%
18041$1,630−10.9%
18046$2,350+28.4%
18049Current$1,830—
18051$1,640−10.4%
18052$1,920+4.9%
18053$1,700−7.1%
18059$1,650−9.8%
18062$2,550+39.3%
18065$1,510−17.5%

Questions about ZIP 18049 rents

How much will Section 8 pay for a two-bedroom in ZIP 18049?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,839, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,655 to $2,023 a month; under the ZIP-level Small Area FMR of $1,830 it would be $1,647 to $2,013. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 18049 in?

ZIP 18049 is in the Allentown-Bethlehem-Easton, PA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,839.

How much did fair market rent change in ZIP 18049 for FY 2027?

The two-bedroom FMR rose 12.3%, from $1,630 in FY 2026 to $1,830 in FY 2027. Since FY 2023 it has risen 29.8%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentEmmaus, PA fair market rentPA statewide rentsWhat is SAFMR?Data sources