18654
ZIPFMR
Luzerne County, PA
BRFMR
Eff. Rent
0 BR$863$950
1 BR$1,028$1,130
2 BR$1,252$1,380
3 BR$1,631$1,790
4 BR$1,766$1,940
5 BR$2,031
6 BR$2,336
7 BR$2,686
8 BR$3,089

Purchase Price Calculator

Maximum purchase price
$143,151

Cost breakdown

+Likely effective rent$1,380
HUD FMR$1,252
Market rent$1,680
Est. payment standard (110%)Used$1,380
Estimated payment standard is $1,380 (110% of FMR).
-Principal and interest-$724
Loan amount$114,521
Down payment$28,630
Rate6.50%
Term30 years
-Operating costs-$456
Property taxes-$143
Insurance-$175
Utilities$0
HOA$0
Management-$138
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,310(77.9% ROI)
Projected value
$154,158
Current value$143,151
Return breakdown
Property appreciation+$11,007
Loan principal paid down+$4,103
Rental cash flow+$7,200
5-year hold
+$38,128(133.2% ROI)
Projected value
$161,962
Current value$143,151
Return breakdown
Property appreciation+$18,811
Loan principal paid down+$7,317
Rental cash flow+$12,000
10-year hold
+$81,529(284.8% ROI)
Projected value
$183,245
Current value$143,151
Return breakdown
Property appreciation+$40,094
Loan principal paid down+$17,434
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
0.56ratio
FMR$863
Market$1,550
vs market-$687

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

90% standard$777 / 0.50 ratio110% standard$949 / 0.61 ratio
0.56
1 BR
1 BR
0.70ratio
FMR$1,028
Market$1,470
vs market-$442

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

90% standard$925 / 0.63 ratio110% standard$1,131 / 0.77 ratio
0.70
2 BR
2 BR
0.75ratio
FMR$1,252
Market$1,680
vs market-$428

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

90% standard$1,127 / 0.67 ratio110% standard$1,377 / 0.82 ratio
0.75
3 BR
3 BR
0.85ratio
FMR$1,631
Market$1,920
vs market-$289

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

90% standard$1,468 / 0.76 ratio110% standard$1,794 / 0.93 ratio
0.85
4 BR
4 BR
0.84ratio
FMR$1,766
Market$2,110
vs market-$344

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

90% standard$1,589 / 0.75 ratio110% standard$1,943 / 0.92 ratio
0.84
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom 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 18654 (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 FMR 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.

18654 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 18654 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,252 and the 4 bedroom fair market rent is $1,766.

Use this page for searches like 18654 FMR, 18654 fair market rent, and 18654 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 18654
Bedroom sizeHUD FMR
Studio$863
1 bedroom$1,028
2 bedroom$1,252
3 bedroom$1,631
4 bedroom$1,766