Housing market/Pennsylvania/ZIP 18510

ACS 2023 · FY2027 SAFMR

ZIP 18510 Scranton, 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
14,629
Households
5,162
Median HH income
$52,500
Renter share
58.0%
Median gross rent
$1,040
Vacancy
11.4%
Pop. change
+8.8%
2BR SAFMR
$1,460
SAFMR / rent
1.404×
2–49 unit stock
2,683
LIHTC proj / units
1 / 30
HUD assisted MF
2 / 142

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 18510 · PA — sent to you.

ZIP 18510 · PA

ACS median rent$1,040
2BR SAFMR$1,460
90% floor$1,314
110% ceiling$1,606

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

Housing stock

ACS 2023 units-in-structure · ZCTA 18510

  • 1-unit detached1,95733.6%
  • 1-unit attached59110.1%
  • 2–4 units1,94733.4%
  • 5–49 units73612.6%
  • 50+ units5649.7%
  • Mobile290.5%
TypeUnitsShare
1-unit detached1,95733.6%
1-unit attached59110.1%
2 units (duplex)97616.8%
3–4 units97116.7%
5–9 units4908.4%
10–19 units1662.9%
20–49 units801.4%
50+ units5649.7%
Mobile290.5%

2–4 unit share 33.4% · 5–49 unit share 12.6% · combined 2–49 46.1%.

Units by bedrooms

Studio
156
1BR
1,083
2BR
1,560
3BR
1,821
4BR
550
5+
654

Rent burden

Rent ≥30% of income42.9%
Rent ≥50% of income21.7%
  • ACS median gross rent $1,040 (all bedrooms, occupied rentals).
  • Median contract rent $845.
  • Renters paying ≥30% of income 42.9%; ≥50% 21.7%.
  • FY2027 2BR SAFMR $1,460 (1.404× ACS median gross rent).

Population

14,629 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +8.8%.

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

Assisted inventory

  • LIHTC: 1 projects, 30 units.
  • HUD project-based assisted MF: 2 properties, 142 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 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 18510 58.0% of occupied households are renters; vacancy is 11.4%; ACS median gross rent is $1,040; population increased +8.8% between the 2018 and 2023 ACS vintages; the housing stock includes 1,947 units in 2–4-unit structures and 736 units in 5–49-unit structures; 1 LIHTC projects totaling 30 units; FY2027 2BR SAFMR is $1,460 versus ACS median gross rent of $1,040. 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 18510 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 18510?

ZIP 18510 (Scranton--Wilkes-Barre, PA MSA) has 14,629 residents, 5,162 households, a renter share of 58.0%, median household income of $52,500, and ACS 2023 median gross rent of $1,040. Vacancy is 11.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 18510?

ACS counts 976 units in 2-unit buildings, 971 in 3–4 unit buildings, 490 in 5–9, 166 in 10–19, and 80 in 20–49. Combined 2–49 unit stock is 2,683 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 18510?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,460. See the full schedule and 90–110% payment-standard band on the ZIP 18510 — Scranton, PA HUD Section 8 Payment Standards / SAFMR.

Does this Pennsylvania ZIP profile include Georgia listings?

No. ZIP 18510 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.