18640
ZIPSAFMR
Lackawanna County, PA
BRFMR
Eff. Rent
0 BR$900$990
1 BR$1,080$1,140
2 BR$1,310$1,360
3 BR$1,710$1,640
4 BR$1,850$2,030
5 BR$2,128
6 BR$2,447
7 BR$2,814
8 BR$3,236

Purchase Price Calculator

Maximum purchase price
$140,179

Cost breakdown

+Likely effective rent$1,360
HUD FMR$1,310
Market rent$1,380
Est. payment standard (103%)Used$1,360
Estimated payment standard is $1,360 (103% of FMR).
-Principal and interest-$709
Loan amount$112,143
Down payment$28,036
Rate6.50%
Term30 years
-Operating costs-$451
Property taxes-$140
Insurance-$175
Utilities$0
HOA$0
Management-$136
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,996(78.5% ROI)
Projected value
$150,957
Current value$140,179
Return breakdown
Property appreciation+$10,778
Loan principal paid down+$4,018
Rental cash flow+$7,200
5-year hold
+$37,586(134.1% ROI)
Projected value
$158,600
Current value$140,179
Return breakdown
Property appreciation+$18,421
Loan principal paid down+$7,165
Rental cash flow+$12,000
10-year hold
+$80,334(286.5% ROI)
Projected value
$179,441
Current value$140,179
Return breakdown
Property appreciation+$39,262
Loan principal paid down+$17,073
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.83ratio
FMR$900
Market$1,090
vs market-$190

FMR is below market; voucher rent may lag private rents.

90% standard$810 / 0.74 ratio110% standard$990 / 0.91 ratio
0.83
1 BR
1 BR
0.92ratio
FMR$1,080
Market$1,170
vs market-$90

FMR is near market; voucher and private rents are aligned.

90% standard$972 / 0.83 ratio110% standard$1,188 / 1.02 ratio
0.92
2 BR
2 BR
0.95ratio
FMR$1,310
Market$1,380
vs market-$70

FMR is near market; voucher and private rents are aligned.

90% standard$1,179 / 0.85 ratio110% standard$1,441 / 1.04 ratio
0.95
3 BR
3 BR
1.04ratio
FMR$1,710
Market$1,640
vs market+$70

FMR is near market; voucher and private rents are aligned.

90% standard$1,539 / 0.94 ratio110% standard$1,881 / 1.15 ratio
1.04
4 BR
4 BR
0.87ratio
FMR$1,850
Market$2,130
vs market-$280

FMR is below market; voucher rent may lag private rents.

90% standard$1,665 / 0.78 ratio110% standard$2,035 / 0.96 ratio
0.87
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 18640 (PA) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

18640 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 18640 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,310 and the 4 bedroom fair market rent is $1,850.

Use this page for searches like 18640 FMR, 18640 fair market rent, and 18640 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 18640
Bedroom sizeHUD FMR
Studio$900
1 bedroom$1,080
2 bedroom$1,310
3 bedroom$1,710
4 bedroom$1,850